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Zebra Technologies ZBRA Tangible Products — Total Net Sales

Other product segments

Services and Software
$264M+7.3%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 tangible products — total net sales?
Zebra Technologies (ZBRA) reported tangible products — total net sales of $1.23B in Q1 2026.
How has Zebra Technologies's tangible products — total net sales changed year-over-year?
Zebra Technologies's tangible products — total net sales increased by 15.9% year-over-year, from $1.06B to $1.23B.
What is the long-term trend for Zebra Technologies's tangible products — total net sales?
Over 4 years (2021 to 2025), Zebra Technologies's tangible products — total net sales has grown at a -2.3% compound annual growth rate (CAGR), from $4.85B to $4.42B.
What does tangible products — total net sales mean?
The total revenue earned from selling physical products within this business segment.
How do you interpret tangible products — total net sales?
An increase indicates higher market demand and successful product adoption, while a decrease may signal market saturation, competitive pressure, or supply chain constraints.
How does tangible products — total net sales compare across companies?
Comparable to 'Product Revenue' or 'Hardware Sales' reported by other technology hardware manufacturers and industrial equipment providers.