ZBRA · 10-Q · 2026Q3

ZEBRA TECHNOLOGIES CORP

Filed 2026-08-04 · Industrials · View original filing on EDGAR

Ranked Events

• Liquidity and Debt PositionImportance 74 · Surprise 58
  Total debt was $2,776 million at July 4, 2026, up from $2,511 million at December 31, 2025, primarily reflecting borrowings used to fund share repurchases. The company’s Term Loan A and Revolving Credit Facility mature…
• Operating Income and MarginsImportance 69 · Surprise 64
  Second-quarter operating income increased $138 million, or 75.4%, to $321 million from $183 million. Six-month operating income increased $158 million, or 41.8%, to $536 million from $378 million. Connected Frontline…
• Acquisitions and DivestituresImportance 63 · Surprise 76
  The September 30, 2025 acquisition of Elo Touch contributed to Connected Frontline revenue growth and increased current-year operating expenses, including intangible-asset amortization. The acquisition accounted for a…
• Segment Revenue PerformanceImportance 59 · Surprise 48
  Connected Frontline revenue increased $186 million, or 25.9%, to approximately $905 million in the second quarter and rose 23.3% year to date, primarily from Elo Touch, mobile computers, and favorable foreign currency.…
• Trade Policy and TariffsImportance 59 · Surprise 60
  On February 20, 2026, the U.S. Supreme Court ruled that the International Emergency Economic Powers Act (IEEPA) did not authorize the executive branch to impose tariffs, invalidating certain import tariffs enacted in…
• End-Market Demand TrendsImportance 59 · Surprise 40
  Zebra operates in the automatic identification and data capture (AIDC) market, spanning mobile computing, data capture, RFID, thermal barcode printing, workflow automation, and related services. Six-month net sales…
• Revenue Performance and MixImportance 59 · Surprise 48
  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…
• Capital Return ProgramImportance 57 · Surprise 50
  Zebra repurchased 2,468,021 common shares during the first six months of 2026, including 1,294,028 shares in the first quarter and 1,173,993 shares in the second quarter. Treasury stock increased from $2,488 million at…
• Interest Rate and Refinancing ExposureImportance 56 · Surprise 24
  As of July 4, 2026, Zebra had $2.776 billion of total debt, including $1.531 billion under Term Loan A, and $2.275 billion classified as current debt. Term Loan A bears a variable interest rate and was priced at 4.99%,…
• Gross Margin DriversImportance 50 · Surprise 58
  Consolidated gross margin increased 540 basis points to 53.0% in the second quarter from 47.6% and increased 280 basis points to 51.3% year to date from 48.5%. The company recognized a $73 million pretax benefit from…
• Operating Expense TrendsImportance 47 · Surprise 22
  Second-quarter operating expenses increased to $504 million from $433 million, but declined to 32.4% of sales from 33.5%. Six-month operating expenses increased to $1,031 million from $883 million while declining…
• Geographic Market CommentaryImportance 47 · Surprise 22
  Zebra reports sales by customer location across North America, EMEA, Asia-Pacific, and Latin America. North American six-month sales increased to $1.502 billion from $1.277 billion, representing growth of approximately…
• Headcount / RestructuringImportance 31 · Surprise 42
  Zebra substantially completed organizational-design changes under its 2025 Productivity Plan during the second quarter of 2026. The plan was intended to improve strategic alignment and cost efficiency and primarily…
• Products and TechnologyImportance 16 · Surprise 6
  Connected Frontline combines mobile computing, point-of-sale solutions, self-service kiosks, interactive touchscreen displays, workflow-optimization software, and related services. Asset Visibility & Automation…
• Supply Chain ConstraintsImportance 10 · Surprise 6
  The company experienced increased memory costs during the quarter, but stated that these costs were fully mitigated through price realization. This indicates ongoing component-cost pressure without an identified…

Revenue by Product (in millions)

Revenue by Geography (in millions)