FN2 Earnings Intelligence
Zebra Technologies Corporation cash flow
Zebra Technologies Corporation (ZBRA) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $332 | $105 | $137 | $901 | $125 | - | - |
| + Debt | - | - | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $5,627 | $5,781 | $4,584 | $4,981 | $5,396 | $6,065.3 | $6,380.8 |
| % Growth | 26.5% | 2.7% | -20.7% | 8.7% | 8.3% | 12.4% | 5.2% |
| Gross Profit | $2,628 | $2,624 | $2,123 | $2,413 | $2,593 | - | - |
| % Margin | 46.7% | 45.4% | 46.3% | 48.4% | 48.1% | - | - |
| EBITDA | $1,166 | $733 | $657 | $914 | $885 | - | - |
| % Margin | 20.7% | 12.7% | 14.3% | 18.3% | 16.4% | - | - |
| Net Income | $837 | $463 | $296 | $528 | $419 | - | - |
| % Margin | 14.9% | 8.0% | 6.5% | 10.6% | 7.8% | - | - |
| Diluted EPS | $15.52 | $8.80 | $5.72 | $10.18 | $8.18 | $18.57 | $20.58 |
| % Growth | 66.0% | -43.3% | -35.0% | 78.0% | -19.6% | 127.0% | 10.8% |
| Operating Cash Flow | $1,069 | $488 | -$4 | $1,013 | $917 | - | - |
| CapEx | $59 | $75 | $87 | $59 | $86 | - | - |
| Free Cash Flow | $1,010 | $413 | -$91 | $954 | $831 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $5,627 | $5,781 | $4,584 | $4,981 | $5,396 | $6,065.3 | $6,380.8 |
| Gross Profit | $2,628 | $2,624 | $2,123 | $2,413 | $2,593 | - | - |
| EBITDA | $1,166 | $733 | $657 | $914 | $885 | - | - |
| Net Income | $837 | $463 | $296 | $528 | $419 | - | - |
| Diluted EPS | $15.52 | $8.80 | $5.72 | $10.18 | $8.18 | $18.57 | $20.58 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $332 | $105 | $137 | $901 | $125 |
| Short-term Debt | - | - | - | - | - |
| Long-term Debt | $922 | $1,809 | $2,047 | $2,092 | $2,361 |
| Total Debt | - | - | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1,069 | $488 | -$4 | $1,013 | $917 |
| Capital Expenditure | $59 | $75 | $87 | $59 | $86 |
| Free Cash Flow | $1,010 | $413 | -$91 | $954 | $831 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 26.5% | 2.7% | -20.7% | 8.7% | 8.3% |
| Gross Margin | 46.7% | 45.4% | 46.3% | 48.4% | 48.1% |
| EBITDA Margin | 20.7% | 12.7% | 14.3% | 18.3% | 16.4% |
| Net Margin | 14.9% | 8.0% | 6.5% | 10.6% | 7.8% |
| FCF Margin | 17.9% | 7.1% | -2.0% | 19.2% | 15.4% |
| Diluted EPS Growth | 66.0% | -43.3% | -35.0% | 78.0% | -19.6% |