Zebra Technologies (ZBRA) FY2025 10-K Annual Report

Filed: Feb 12, 2026
Industrials
General Industrial Machinery & EquipmentSEC EDGAR

Zebra Technologies (ZBRA) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 12, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Zebra Technologies FY2025 10-K Analysis

Business Overview

  • Core business: Technologies for barcode printing, mobile computing, data capture, and related software/services
  • New segment structure effective Q4 2025, integrating Elo Holdings, Inc. acquisition expanding self-service and consumer-facing automation solutions
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Management Discussion & Analysis

  • No revenue or profit figures disclosed for fiscal year 2026
  • Segment realignment: former EVM and AIT changed to Connected Frontline (CF) and Asset Visibility and Automation (AVA)
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Risk Factors

  • Regulatory risk from compliance with EU Artificial Intelligence Act (EU) 2024/1689 imposing costly AI system obligations
  • Geopolitical exposure to Russia-Ukraine war, suspension of operations in Russia; $1.3B Elo acquisition representing ~9% of market cap
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Zebra Technologies FY2025 Key Financial Metrics
XBRL

Revenue

$5.4B

+8.3% YoY

Net Income

$419M

-20.6% YoY

Gross Margin

48.1%

-39bp YoY

Operating Margin

13.0%

-192bp YoY

Net Margin

7.8%

-284bp YoY

ROE

11.7%

-305bp YoY

Total Assets

$8.5B

+6.7% YoY

EPS (Diluted)

$8.18

-19.6% YoY

Operating Cash Flow

$917M

-9.5% YoY

Source: XBRL data from Zebra Technologies FY2025 10-K filing on SEC EDGAR. All figures in USD.

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