ZBRA · 10-Q · 2026Q3 · Full report
Revenue Performance and Mix
ZEBRA TECHNOLOGIES CORP · 2026-08-04 · Importance 59 · Surprise 48 · No source text
Second-quarter net sales increased $264 million, or 20.4%, to $1,557 million from $1,293 million in the prior-year quarter, while six-month sales rose $451 million, or 17.3%, to $3,052 million. Tangible-product sales increased 24.7% in the quarter and 20.3% year to date, while services and software grew 1.3% and 4.3%, respectively, indicating a mix shift toward tangible products. Consolidated organic sales growth was 9.2% in the quarter and 6.8% year to date after excluding foreign-currency effects and acquisitions or dispositions. Sales growth reflected improved demand in North America, EMEA, Asia-Pacific, and Latin America.
Key facts
- Aggregate transaction price allocated to remaining performance obligations for arrangements with an original term exceeding one year: $1.15 billion as of July 4, 2026 and $1.17 billion as of December 31, 2025; on average expected to be recognized over approximately two years. source
- Total Net sales increased by $264 million or 20.4% compared to the prior year quarter. source
- Total Net sales increased by $451 million or 17.3% year to date compared to the prior year. source
- Excluding the effects of foreign currency, acquisitions and dispositions, Consolidated Organic Net sales increased by 9.2% for the quarter. source
- Three months ended July 4, 2026 — Total Net sales: $1,557 million; Total Net sales for three months ended June 28, 2025: $1,293 million. source
- Three months ended July 4, 2026 — Tangible products net sales: $1,316 million; three months ended June 28, 2025 tangible products net sales: $1,055 million. source
- Six months ended July 4, 2026 — Total Net sales: $3,052 million; six months ended June 28, 2025 Total Net sales: $2,601 million. source
- Six months ended July 4, 2026 — Tangible products net sales: $2,547 million; six months ended June 28, 2025 tangible products net sales: $2,117 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +29.0% | Total Net sales increased by $451 million or 17.3% year to date compared to the prior year. |
| revenue | positive | realized | +27.6% | Six months ended July 4, 2026 — Tangible products net sales: $2,547 million; six months ended June 28, 2025 tangible products net sales:… |
| revenue | positive | realized | +17.0% | Total Net sales increased by $264 million or 20.4% compared to the prior year quarter. |
| revenue | positive | realized | +9.2% | Excluding the effects of foreign currency, acquisitions and dispositions, Consolidated Organic Net sales increased by 9.2% for the quarter. |
| revenue | negative | realized | -1.3% | Aggregate transaction price allocated to remaining performance obligations for arrangements with an original term exceeding one year:… |