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Zebra Technologies ZBRA Deferred Revenue

Deferred Revenue at other companies

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$2.15B+14.0%
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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:ContractWithCustomerLiabilityCurrent.

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 deferred revenue?
Zebra Technologies (ZBRA) reported deferred revenue of $434M in Q1 2026.
How has Zebra Technologies's deferred revenue changed year-over-year?
Zebra Technologies's deferred revenue decreased by 6.5% year-over-year, from $464M to $434M.
What is the long-term trend for Zebra Technologies's deferred revenue?
Over 5 years (2020 to 2025), Zebra Technologies's deferred revenue has grown at a 7.7% compound annual growth rate (CAGR), from $308M to $446M.
What does deferred revenue mean?
Money received in advance for goods or services that the company has not yet provided.
How do you interpret deferred revenue?
An increase is a positive signal of future revenue growth and strong customer demand, while a decrease may suggest slowing sales or faster fulfillment.
How does deferred revenue compare across companies?
Companies with high software and service components typically show higher deferred revenue than pure hardware manufacturers.