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Zebra Technologies ZBRA Change in Deferred Revenue

Change in Deferred Revenue at other companies

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-$117.1M-65.9%
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$35M+151%
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Rockwell AutomationROK
$25M-10.7%

Other financials

Income statement

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Revenue$1.5B+14.3%
Gross profit$742.0M+15.0%
Operating income$215.0M+10.3%
Net income$135.0M-0.7%
EPS (diluted)$2.72+3.8%

Balance sheet

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Cash & equivalents$114.0M-87.0%
Total debt$2.8B+20.7%
Total equity$3.5B-4.3%
Total assets$8.3B+5.5%

Cash flow

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Operating cash flow$176.0M-1.1%
CapEx$13.0M-35.0%
Free cash flow$163.0M+3.2%

Valuation

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Market cap$11.24B-28.8%
Enterprise value$13.98B-18.3%
P/E26.9×-1.9×
P/S-1.1×

Profitability

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Gross margin48.2%-0.6pp
Operating margin12.9%-2.3pp
Net margin7.5%-3.2pp
FCF margin15%-4.6pp

Returns & leverage

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Return on equity11.8%-4.4pp
Debt / equity0.8×+0.2×
Current ratio-0.5×

Where this comes from

Reported directly by Zebra Technologies in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeferredRevenue.

The official record: Zebra Technologies’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Zebra Technologies's change in deferred revenue?
Zebra Technologies (ZBRA) reported change in deferred revenue of -$11M in Q1 2026.
How has Zebra Technologies's change in deferred revenue changed year-over-year?
Zebra Technologies's change in deferred revenue decreased by 168.8% year-over-year, from $16M to -$11M.
What does change in deferred revenue mean?
The net change in cash received for services not yet performed.
How do you interpret change in deferred revenue?
An increase indicates strong future demand and upfront cash collection, while a decrease suggests revenue is being recognized faster than new bookings.
How does change in deferred revenue compare across companies?
Highly relevant for SaaS and hardware companies with service contracts; peers in tech often show significant deferred revenue.