Dashboard Tools Market News Investing Ideas Pricing About Us
Sign Up
Log in
Zebra Technologies Corp banner

Zebra Technologies Corp
NASDAQ:ZBRA

Watchlist Manager
Zebra Technologies Corp Logo
Zebra Technologies Corp
NASDAQ:ZBRA
Watchlist
Price: 235.25 USD -7.89%
Market Cap: $11.9B
Write Note Create Alert Ask AI
Financials Section:
Income Statement Balance Sheet Cash Flow Statement
|
Revenue Breakdown

Cash Flow Statement

Operating Cash Flow
+
3Y
+88%
5Y
-5%
10Y
+734%
Investing Cash Flow
+
3Y
-50%
5Y
-127%
10Y
-883%
Financing Cash Flow
+
3Y
-
5Y
-52%
10Y
-60%

Cash Flow Statement
Zebra Technologies Corp

Rotate your device to view
Cash Flow Statement
Currency: USD
Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Apr-2004 Jul-2004 Oct-2004 Dec-2004 Apr-2005 Jul-2005 Oct-2005 Dec-2005 Apr-2006 Jul-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Apr-2009 Jul-2009 Oct-2009 Dec-2009 Apr-2010 Jul-2010 Oct-2010 Dec-2010 Apr-2011 Jul-2011 Oct-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Apr-2015 Jul-2015 Oct-2015 Dec-2015 Apr-2016 Jul-2016 Oct-2016 Dec-2016 Apr-2017 Jul-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Apr-2021 Jul-2021 Oct-2021 Dec-2021 Apr-2022 Jul-2022 Oct-2022 Dec-2022 Apr-2023 Jul-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025 Dec-2025
Operating Cash Flow
Net Income
60
62
67
72
79
85
88
92
98
105
113
115
113
109
106
106
107
109
76
71
72
69
101
110
111
111
110
(38)
(57)
(73)
(88)
47
62
76
91
102
139
149
168
175
143
141
123
123
116
116
128
134
153
150
126
32
(34)
(138)
(182)
(158)
(159)
(127)
(182)
(137)
(103)
(41)
30
17
118
171
310
421
427
481
490
544
518
494
474
504
643
762
845
837
814
497
468
463
408
650
465
296
261
230
382
528
549
548
512
419
Depreciation & Amortization
15
14
13
12
12
12
12
12
12
12
12
12
12
13
13
13
14
14
15
16
18
21
24
27
30
33
36
39
38
36
35
33
33
33
32
31
29
27
26
24
24
24
25
26
28
30
31
32
34
35
36
81
152
225
295
320
317
312
314
304
296
291
279
263
237
208
185
175
179
184
183
175
162
148
139
146
156
166
179
187
195
202
209
204
196
189
178
176
175
173
174
172
170
171
168
185
Change in Deffered Taxes
3
0
(0)
(1)
0
2
1
(1)
1
(1)
(2)
(3)
(4)
(2)
(4)
(2)
(2)
(5)
(2)
(7)
(8)
(6)
(10)
(6)
(8)
(7)
(5)
(23)
(16)
(18)
(14)
13
13
14
12
(1)
(2)
(0)
1
11
8
7
8
8
10
12
10
8
7
7
8
(44)
(44)
(72)
(87)
(142)
(139)
(115)
(108)
(44)
(56)
(57)
(59)
(9)
(2)
4
27
2
(6)
(4)
(15)
(42)
(34)
(33)
(44)
(40)
(40)
(51)
(44)
(69)
(104)
(188)
(178)
(210)
(193)
(115)
(130)
(36)
(37)
(43)
(63)
(94)
(96)
(88)
29
21
Stock-Based Compensation
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8
11
14
19
15
15
15
15
15
15
14
13
11
11
11
11
12
14
15
15
14
13
14
15
15
13
13
13
13
14
14
14
20
26
31
35
31
31
25
26
27
25
30
32
35
38
44
44
45
45
45
47
48
45
44
45
51
60
69
76
76
77
80
88
88
89
66
57
55
54
83
84
89
123
124
151
175
Other Non-Cash Items
2
4
2
5
5
7
7
6
9
8
9
3
1
0
1
6
4
4
4
17
23
24
27
16
15
15
13
179
178
177
178
14
14
14
14
12
(53)
(54)
(52)
(54)
12
12
20
22
20
18
8
9
10
12
13
25
32
36
50
45
51
51
116
119
115
122
118
141
128
132
61
47
68
77
88
71
92
76
72
88
50
62
63
47
22
14
(13)
4
59
34
50
75
47
76
96
72
119
143
166
222
Cash Taxes Paid
35
23
33
34
33
43
37
39
40
44
49
56
57
63
63
62
61
58
45
33
34
36
34
62
60
59
73
49
55
29
18
11
2
13
11
27
36
70
70
65
64
26
29
20
14
12
14
18
19
21
20
17
19
31
36
38
62
69
76
81
57
72
65
65
62
43
57
76
96
128
132
140
148
128
138
107
99
140
176
199
206
225
182
168
193
260
243
252
201
83
115
124
130
176
158
134
Cash Interest Paid
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
27
91
118
183
182
191
186
180
170
151
207
195
205
177
120
90
80
71
66
63
56
49
42
38
38
36
35
32
31
30
41
58
74
93
104
111
117
0
0
55
71
110
134
129
Change in Working Capital
(71)
(80)
(83)
(105)
(81)
(64)
(42)
(6)
(6)
(19)
(13)
(12)
(23)
(21)
(10)
(34)
(28)
(15)
(36)
(10)
(16)
4
15
11
16
(16)
(25)
(17)
(38)
(2)
10
1
18
6
(2)
(1)
(5)
(39)
(67)
(76)
(67)
(28)
3
5
(2)
13
9
12
18
11
5
154
129
107
159
45
100
91
106
130
141
138
(38)
66
(4)
26
145
140
43
(24)
(1)
(63)
13
160
155
264
269
207
224
67
(28)
159
(32)
27
(112)
(534)
(441)
(515)
(249)
83
259
335
324
151
(9)
70
Cash from Operating Activities
9
N/A
(1)
N/A
(1)
-40%
(17)
-1 100%
15
N/A
41
+174%
66
+62%
102
+55%
113
+10%
105
-7%
119
+13%
116
-3%
100
-14%
99
0%
105
+6%
89
-15%
94
+5%
107
+14%
58
-46%
88
+52%
89
+1%
112
+26%
157
+40%
158
+1%
164
+3%
136
-17%
129
-5%
138
+7%
105
-24%
120
+14%
121
+1%
107
-11%
140
+30%
142
+2%
147
+3%
142
-3%
107
-25%
83
-22%
75
-9%
80
+6%
120
+51%
156
+30%
179
+14%
183
+3%
171
-7%
190
+11%
185
-2%
195
+5%
220
+13%
214
-3%
188
-12%
248
+32%
235
-6%
158
-33%
235
+49%
110
-53%
170
+55%
213
+25%
246
+16%
372
+51%
393
+6%
453
+15%
330
-27%
478
+45%
477
0%
541
+13%
728
+35%
785
+8%
711
-9%
714
+0%
745
+4%
685
-8%
751
+10%
845
+13%
796
-6%
962
+21%
1 078
+12%
1 146
+6%
1 267
+11%
1 069
-16%
899
-16%
684
-24%
454
-34%
488
+7%
358
-27%
224
-37%
122
-46%
(4)
N/A
197
N/A
519
+163%
848
+63%
1 013
+19%
1 066
+5%
925
-13%
866
-6%
917
+6%
Investing Cash Flow
Capital Expenditures
(10)
(9)
(7)
(9)
(8)
(9)
(9)
(8)
(11)
(12)
(12)
(16)
(14)
(23)
(29)
(28)
(30)
(27)
(38)
(37)
(38)
(34)
(23)
(27)
(28)
(37)
(38)
(42)
(44)
(35)
(33)
(25)
(24)
(29)
(32)
(34)
(32)
(29)
(26)
(28)
(32)
(28)
(30)
(26)
(21)
(24)
(21)
(22)
(22)
(21)
(27)
(39)
(63)
(81)
(107)
(122)
(115)
(108)
(84)
(77)
(71)
(64)
(64)
(50)
(55)
(61)
(62)
(64)
(61)
(61)
(60)
(61)
(59)
(64)
(66)
(67)
(64)
(59)
(56)
(59)
(63)
(65)
(72)
(75)
(77)
(78)
(72)
(87)
(85)
(77)
(80)
(59)
(65)
(72)
(74)
(86)
Other Items
0
0
0
4
(16)
(49)
(69)
(117)
(135)
(121)
(134)
(117)
(105)
(92)
(16)
4
(8)
(7)
(9)
19
36
20
(39)
(30)
6
30
89
64
85
76
12
(15)
(64)
(52)
(31)
(5)
85
124
118
81
(14)
(23)
(98)
(80)
(103)
(168)
(92)
(131)
(156)
(167)
(186)
(3 072)
(3 031)
(2 989)
(2 967)
(26)
(4)
(4)
(2)
38
39
39
38
(1)
(3)
(1)
(72)
(73)
(240)
(349)
(267)
(274)
(107)
(30)
(582)
(574)
(585)
(576)
(331)
(487)
(479)
(1 334)
(1 046)
(893)
(889)
(13)
(4)
(5)
(1)
(5)
(5)
2
(63)
(59)
(62)
(1 369)
Cash from Investing Activities
(10)
N/A
(9)
+11%
(7)
+19%
(5)
+30%
(24)
-378%
(58)
-141%
(78)
-36%
(126)
-60%
(146)
-16%
(133)
+9%
(146)
-10%
(133)
+9%
(119)
+10%
(115)
+3%
(45)
+61%
(25)
+46%
(38)
-56%
(35)
+9%
(46)
-33%
(19)
+60%
(2)
+89%
(14)
-620%
(62)
-330%
(57)
+8%
(21)
+63%
(7)
+66%
51
N/A
21
-58%
41
+93%
41
0%
(21)
N/A
(41)
-98%
(88)
-115%
(81)
+8%
(63)
+22%
(40)
+37%
52
N/A
95
+81%
93
-2%
53
-42%
(46)
N/A
(51)
-11%
(128)
-153%
(106)
+18%
(124)
-18%
(192)
-55%
(113)
+41%
(153)
-36%
(178)
-16%
(188)
-6%
(213)
-14%
(3 111)
-1 361%
(3 094)
+1%
(3 070)
+1%
(3 074)
0%
(148)
+95%
(119)
+20%
(112)
+6%
(86)
+23%
(39)
+54%
(32)
+18%
(25)
+22%
(26)
-4%
(51)
-96%
(58)
-14%
(62)
-7%
(134)
-116%
(137)
-2%
(301)
-120%
(410)
-36%
(327)
+20%
(335)
-2%
(166)
+50%
(94)
+43%
(648)
-589%
(641)
+1%
(649)
-1%
(635)
+2%
(387)
+39%
(546)
-41%
(542)
+1%
(1 399)
-158%
(1 118)
+20%
(968)
+13%
(966)
+0%
(91)
+91%
(76)
+16%
(92)
-21%
(86)
+7%
(82)
+5%
(85)
-4%
(57)
+33%
(128)
-125%
(131)
-2%
(136)
-4%
(1 455)
-970%
Financing Cash Flow
Net Issuance of Common Stock
8
12
12
13
15
19
19
18
22
17
18
16
12
11
(59)
(59)
(56)
(57)
8
(58)
(66)
(66)
(104)
(104)
(126)
(149)
(166)
(150)
(154)
(145)
(94)
(61)
(50)
(63)
(74)
(93)
(115)
(126)
(171)
(147)
(116)
(97)
(48)
(51)
(41)
(51)
(65)
(49)
(46)
(16)
16
22
25
26
24
17
12
11
11
11
12
13
12
12
11
11
11
10
0
(30)
(18)
(47)
(247)
(213)
(227)
(200)
0
(25)
(25)
(57)
(362)
(637)
(687)
(751)
(461)
(198)
(148)
(52)
(37)
0
(16)
(47)
(172)
(297)
(315)
(587)
Net Issuance of Debt
0
0
(0)
(0)
(1)
(1)
(0)
(0)
(0)
0
(0)
(0)
(0)
(0)
0
(0)
(0)
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3 189
3 139
3 059
3 059
(165)
(195)
(180)
(270)
(382)
(382)
(477)
(334)
(454)
(469)
(449)
(613)
(657)
(416)
(297)
(379)
(312)
(337)
(497)
42
(40)
(317)
(236)
(582)
(257)
4
1 174
1 174
1 037
1 004
47
110
195
(10)
(33)
(96)
(43)
90
0
0
328
Other
0
0
0
0
0
0
(0)
(0)
0
0
(0)
5
6
6
7
2
3
2
2
2
1
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
1
2
2
2
2
4
4
4
4
5
6
(18)
(17)
(24)
(26)
(1)
(3)
(3)
(10)
(5)
(7)
(6)
(53)
(75)
(73)
(83)
(29)
(14)
1
2
(33)
(6)
(40)
18
71
83
77
8
(32)
(57)
(52)
(61)
(37)
(33)
0
(17)
(39)
(26)
(30)
(62)
(38)
(100)
(103)
(35)
(34)
20
Cash from Financing Activities
8
N/A
12
+55%
11
-4%
13
+14%
15
+13%
18
+22%
19
+3%
17
-6%
22
+24%
17
-21%
17
-1%
20
+19%
18
-12%
17
-6%
(52)
N/A
(57)
-8%
(53)
+6%
(55)
-4%
9
N/A
(56)
N/A
(66)
-17%
(65)
+1%
(103)
-60%
(103)
+1%
(126)
-22%
(149)
-18%
(165)
-11%
(150)
+9%
(154)
-2%
(145)
+6%
(94)
+35%
(61)
+35%
(50)
+18%
(63)
-26%
(74)
-18%
(93)
-26%
(115)
-23%
(124)
-9%
(169)
-36%
(146)
+14%
(115)
+21%
(96)
+17%
(46)
+52%
(49)
-7%
(39)
+20%
(47)
-20%
(61)
-30%
(44)
+27%
(41)
+7%
(12)
+71%
21
N/A
3 192
+14 887%
3 147
-1%
3 060
-3%
3 057
0%
(149)
N/A
(186)
-25%
(172)
+7%
(270)
-56%
(376)
-39%
(377)
0%
(470)
-25%
(375)
+20%
(517)
-38%
(531)
-3%
(521)
+2%
(631)
-21%
(661)
-5%
(408)
+38%
(325)
+20%
(430)
-32%
(365)
+15%
(624)
-71%
(692)
-11%
(114)
+84%
(157)
-38%
(240)
-53%
(253)
-5%
(639)
-153%
(371)
+42%
(410)
-11%
476
N/A
450
-5%
253
-44%
543
+115%
(168)
N/A
(77)
+54%
117
N/A
(77)
N/A
(95)
-23%
(150)
-58%
(190)
-27%
(185)
+3%
(332)
-79%
(349)
-5%
(239)
+32%
Change in Cash
Effect of Foreign Exchange Rates
0
2
1
1
1
1
1
2
2
1
1
0
(0)
(0)
0
(2)
(2)
(1)
(1)
2
2
2
2
0
(0)
0
1
(14)
(14)
(14)
(14)
1
1
(1)
0
1
1
1
(0)
2
2
2
3
0
0
0
0
1
0
0
0
2
(9)
(14)
(20)
(15)
(1)
8
14
7
2
(4)
(4)
(4)
(4)
(7)
(6)
(5)
(5)
2
0
1
2
0
1
(2)
(3)
(5)
(1)
0
0
(2)
(2)
0
1
5
0
0
0
1
2
(3)
(1)
(1)
(4)
1
Net Change in Cash
7
N/A
4
-48%
4
-3%
(8)
N/A
7
N/A
2
-68%
7
+229%
(4)
N/A
(9)
-119%
(10)
-8%
(10)
+2%
4
N/A
(2)
N/A
1
N/A
8
+1 071%
6
-22%
1
-86%
16
+1 722%
20
+21%
15
-23%
24
+55%
35
+49%
(7)
N/A
(1)
+79%
17
N/A
(20)
N/A
15
N/A
(5)
N/A
(22)
-347%
3
N/A
(8)
N/A
7
N/A
4
-48%
(2)
N/A
11
N/A
10
-6%
46
+344%
55
+19%
(2)
N/A
(11)
-559%
(39)
-248%
11
N/A
7
-37%
28
+306%
8
-73%
(49)
N/A
12
N/A
(2)
N/A
2
N/A
15
+706%
(4)
N/A
331
N/A
279
-16%
135
-52%
198
+47%
(202)
N/A
(136)
+33%
(64)
+53%
(95)
-49%
(36)
+62%
(14)
+61%
(46)
-229%
(75)
-63%
(94)
-25%
(116)
-23%
(49)
+58%
(43)
+12%
(18)
+58%
(3)
+83%
(19)
-533%
(12)
+37%
(14)
-17%
(37)
-164%
59
N/A
35
-41%
162
+363%
186
+15%
253
+36%
240
-5%
152
-37%
(53)
N/A
(241)
-355%
(216)
+10%
(227)
-5%
(64)
+72%
(30)
+53%
(31)
-3%
21
N/A
34
+62%
343
+909%
615
+79%
763
+24%
752
-1%
461
-39%
377
-18%
(776)
N/A
Free Cash Flow
Free Cash Flow
(1)
N/A
(10)
-717%
(9)
+13%
(25)
-198%
7
N/A
32
+373%
57
+79%
94
+66%
102
+8%
94
-8%
107
+14%
100
-6%
86
-14%
76
-11%
77
+1%
61
-20%
64
+4%
80
+25%
20
-74%
51
+149%
52
+1%
79
+52%
134
+71%
131
-2%
136
+4%
99
-27%
91
-8%
96
+6%
61
-36%
85
+39%
88
+3%
82
-7%
116
+41%
113
-2%
115
+2%
108
-6%
75
-31%
55
-27%
50
-9%
51
+3%
88
+72%
128
+45%
148
+15%
157
+6%
150
-5%
165
+10%
165
-1%
173
+5%
199
+15%
193
-3%
161
-17%
209
+30%
172
-18%
77
-55%
128
+65%
(12)
N/A
55
N/A
105
+91%
163
+55%
295
+82%
322
+9%
389
+21%
266
-32%
428
+61%
422
-1%
480
+14%
666
+39%
721
+8%
650
-10%
653
+0%
685
+5%
624
-9%
692
+11%
781
+13%
730
-7%
895
+23%
1 014
+13%
1 087
+7%
1 211
+11%
1 010
-17%
836
-17%
619
-26%
382
-38%
413
+8%
281
-32%
146
-48%
50
-66%
(91)
N/A
112
N/A
442
+295%
768
+74%
954
+24%
1 001
+5%
853
-15%
792
-7%
831
+5%

See Also

Summary
ZBRA intrinsic value, competitors valuation, and company profile.
DCF Valuation
ZBRA stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ZBRA stock valuation using valuation multiples.
Wall Street Estimates
ZBRA price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ZBRA stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
ALPHA SPREAD
Follow us
Join more than 320,000+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2026 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.