
Zebra Technologies Corp
NASDAQ:ZBRA

Income Statement
Earnings Waterfall
Zebra Technologies Corp
Revenue
|
5B
USD
|
Cost of Revenue
|
-2.6B
USD
|
Gross Profit
|
2.4B
USD
|
Operating Expenses
|
-1.6B
USD
|
Operating Income
|
765m
USD
|
Other Expenses
|
-237m
USD
|
Net Income
|
528m
USD
|
Income Statement
Zebra Technologies Corp
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 671
N/A
|
2 276
+36%
|
2 877
+26%
|
3 490
+21%
|
3 650
+5%
|
3 606
-1%
|
3 595
0%
|
3 583
0%
|
3 574
0%
|
3 590
+0%
|
3 607
+0%
|
3 638
+1%
|
3 722
+2%
|
3 834
+3%
|
3 950
+3%
|
4 107
+4%
|
4 218
+3%
|
4 307
+2%
|
4 392
+2%
|
4 430
+1%
|
4 485
+1%
|
4 471
0%
|
4 330
-3%
|
4 332
+0%
|
4 448
+3%
|
4 743
+7%
|
5 164
+9%
|
5 468
+6%
|
5 627
+3%
|
5 712
+2%
|
5 803
+2%
|
5 745
-1%
|
5 781
+1%
|
5 754
0%
|
5 500
-4%
|
5 078
-8%
|
4 584
-10%
|
4 354
-5%
|
4 357
+0%
|
4 656
+7%
|
4 981
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(893)
|
(1 236)
|
(1 587)
|
(1 937)
|
(2 006)
|
(1 981)
|
(1 957)
|
(1 945)
|
(1 932)
|
(1 937)
|
(1 949)
|
(1 965)
|
(2 012)
|
(2 060)
|
(2 115)
|
(2 196)
|
(2 237)
|
(2 290)
|
(2 327)
|
(2 335)
|
(2 385)
|
(2 399)
|
(2 359)
|
(2 403)
|
(2 445)
|
(2 558)
|
(2 740)
|
(2 891)
|
(2 999)
|
(3 102)
|
(3 177)
|
(3 137)
|
(3 157)
|
(3 100)
|
(2 939)
|
(2 718)
|
(2 461)
|
(2 335)
|
(2 330)
|
(2 443)
|
(2 568)
|
|
Gross Profit |
778
N/A
|
1 040
+34%
|
1 290
+24%
|
1 553
+20%
|
1 644
+6%
|
1 625
-1%
|
1 638
+1%
|
1 638
0%
|
1 642
+0%
|
1 653
+1%
|
1 658
+0%
|
1 673
+1%
|
1 710
+2%
|
1 774
+4%
|
1 835
+3%
|
1 911
+4%
|
1 981
+4%
|
2 017
+2%
|
2 065
+2%
|
2 095
+1%
|
2 100
+0%
|
2 072
-1%
|
1 971
-5%
|
1 929
-2%
|
2 003
+4%
|
2 185
+9%
|
2 424
+11%
|
2 577
+6%
|
2 628
+2%
|
2 610
-1%
|
2 626
+1%
|
2 608
-1%
|
2 624
+1%
|
2 654
+1%
|
2 561
-4%
|
2 360
-8%
|
2 123
-10%
|
2 019
-5%
|
2 027
+0%
|
2 213
+9%
|
2 413
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(557)
|
(820)
|
(1 089)
|
(1 346)
|
(1 422)
|
(1 409)
|
(1 395)
|
(1 390)
|
(1 356)
|
(1 347)
|
(1 336)
|
(1 324)
|
(1 322)
|
(1 307)
|
(1 320)
|
(1 324)
|
(1 352)
|
(1 374)
|
(1 383)
|
(1 388)
|
(1 376)
|
(1 356)
|
(1 298)
|
(1 283)
|
(1 318)
|
(1 383)
|
(1 493)
|
(1 573)
|
(1 617)
|
(1 656)
|
(1 680)
|
(1 700)
|
(1 688)
|
(1 699)
|
(1 639)
|
(1 595)
|
(1 538)
|
(1 499)
|
(1 546)
|
(1 584)
|
(1 648)
|
|
Selling, General & Administrative |
(352)
|
(476)
|
(609)
|
(735)
|
(777)
|
(776)
|
(770)
|
(769)
|
(751)
|
(748)
|
(741)
|
(739)
|
(749)
|
(756)
|
(788)
|
(799)
|
(811)
|
(818)
|
(821)
|
(828)
|
(826)
|
(824)
|
(790)
|
(778)
|
(787)
|
(807)
|
(864)
|
(907)
|
(935)
|
(970)
|
(978)
|
(986)
|
(982)
|
(991)
|
(958)
|
(943)
|
(915)
|
(884)
|
(916)
|
(937)
|
(981)
|
|
Research & Development |
(151)
|
(225)
|
(300)
|
(375)
|
(394)
|
(391)
|
(387)
|
(382)
|
(376)
|
(379)
|
(383)
|
(383)
|
(389)
|
(394)
|
(404)
|
(421)
|
(444)
|
(454)
|
(453)
|
(450)
|
(447)
|
(441)
|
(431)
|
(434)
|
(453)
|
(488)
|
(531)
|
(559)
|
(567)
|
(564)
|
(571)
|
(573)
|
(570)
|
(579)
|
(561)
|
(545)
|
(519)
|
(511)
|
(527)
|
(541)
|
(563)
|
|
Depreciation & Amortization |
(54)
|
(119)
|
(180)
|
(236)
|
(251)
|
(242)
|
(239)
|
(239)
|
(229)
|
(220)
|
(212)
|
(202)
|
(184)
|
(157)
|
(128)
|
(104)
|
(97)
|
(102)
|
(109)
|
(110)
|
(103)
|
(91)
|
(77)
|
(71)
|
(78)
|
(88)
|
(98)
|
(107)
|
(115)
|
(122)
|
(131)
|
(141)
|
(136)
|
(129)
|
(120)
|
(107)
|
(104)
|
(104)
|
(103)
|
(106)
|
(104)
|
|
Operating Income |
222
N/A
|
220
-1%
|
202
-8%
|
207
+3%
|
222
+7%
|
216
-3%
|
242
+12%
|
248
+2%
|
286
+16%
|
306
+7%
|
322
+5%
|
349
+8%
|
388
+11%
|
467
+20%
|
515
+10%
|
587
+14%
|
629
+7%
|
643
+2%
|
682
+6%
|
707
+4%
|
724
+2%
|
716
-1%
|
673
-6%
|
646
-4%
|
685
+6%
|
802
+17%
|
931
+16%
|
1 004
+8%
|
1 011
+1%
|
954
-6%
|
946
-1%
|
908
-4%
|
936
+3%
|
955
+2%
|
922
-3%
|
765
-17%
|
585
-24%
|
520
-11%
|
481
-8%
|
629
+31%
|
765
+22%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(71)
|
(148)
|
(184)
|
(232)
|
(216)
|
(187)
|
(202)
|
(199)
|
(198)
|
(191)
|
(176)
|
(223)
|
(228)
|
(197)
|
(186)
|
(111)
|
(96)
|
(112)
|
(119)
|
(126)
|
(95)
|
(116)
|
(98)
|
(85)
|
(94)
|
(35)
|
(27)
|
(23)
|
(10)
|
24
|
26
|
56
|
20
|
(54)
|
(69)
|
(100)
|
(135)
|
(113)
|
(115)
|
(145)
|
(93)
|
|
Non-Reccuring Items |
(133)
|
(165)
|
(194)
|
(201)
|
(185)
|
(188)
|
(178)
|
(233)
|
(206)
|
(196)
|
(177)
|
(89)
|
(66)
|
(41)
|
(22)
|
(23)
|
(19)
|
(18)
|
(22)
|
(24)
|
(32)
|
(32)
|
(30)
|
(38)
|
(34)
|
(30)
|
(31)
|
(17)
|
(32)
|
(35)
|
(419)
|
(416)
|
(407)
|
(413)
|
(41)
|
(98)
|
(104)
|
(105)
|
(93)
|
(38)
|
(23)
|
|
Total Other Income |
(1)
|
(3)
|
(3)
|
(4)
|
(1)
|
0
|
(3)
|
(9)
|
(11)
|
(11)
|
(9)
|
(7)
|
(6)
|
(6)
|
(3)
|
1
|
10
|
9
|
10
|
10
|
1
|
2
|
0
|
0
|
3
|
(4)
|
(5)
|
(6)
|
(1)
|
0
|
(2)
|
(3)
|
(5)
|
(9)
|
(9)
|
(10)
|
(12)
|
(11)
|
(17)
|
(17)
|
(14)
|
|
Pre-Tax Income |
17
N/A
|
(95)
N/A
|
(179)
-88%
|
(229)
-28%
|
(180)
+21%
|
(161)
+11%
|
(141)
+12%
|
(193)
-36%
|
(129)
+33%
|
(92)
+29%
|
(40)
+57%
|
30
N/A
|
88
+193%
|
223
+153%
|
304
+36%
|
454
+49%
|
524
+15%
|
522
0%
|
551
+6%
|
567
+3%
|
598
+5%
|
570
-5%
|
544
-5%
|
523
-4%
|
560
+7%
|
733
+31%
|
868
+18%
|
958
+10%
|
968
+1%
|
942
-3%
|
551
-42%
|
545
-1%
|
544
0%
|
479
-12%
|
803
+68%
|
557
-31%
|
334
-40%
|
291
-13%
|
256
-12%
|
429
+68%
|
635
+48%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
16
|
61
|
40
|
47
|
22
|
2
|
14
|
11
|
(8)
|
(11)
|
(1)
|
0
|
1
|
(33)
|
(53)
|
(74)
|
(106)
|
(97)
|
(80)
|
(77)
|
(54)
|
(52)
|
(50)
|
(49)
|
(56)
|
(90)
|
(106)
|
(113)
|
(131)
|
(128)
|
(54)
|
(77)
|
(81)
|
(71)
|
(153)
|
(92)
|
(38)
|
(30)
|
(26)
|
(47)
|
(107)
|
|
Income from Continuing Operations |
32
|
(35)
|
(138)
|
(182)
|
(158)
|
(159)
|
(128)
|
(182)
|
(137)
|
(103)
|
(41)
|
30
|
89
|
190
|
251
|
380
|
418
|
425
|
471
|
490
|
544
|
518
|
494
|
474
|
504
|
643
|
762
|
845
|
837
|
814
|
497
|
468
|
463
|
408
|
650
|
465
|
296
|
261
|
230
|
382
|
528
|
|
Net Income (Common) |
32
N/A
|
(35)
N/A
|
(138)
-301%
|
(182)
-32%
|
(158)
+13%
|
(159)
-1%
|
(128)
+20%
|
(182)
-42%
|
(137)
+25%
|
(103)
+25%
|
(41)
+60%
|
30
N/A
|
17
-43%
|
118
+594%
|
171
+45%
|
310
+81%
|
421
+36%
|
427
+1%
|
481
+13%
|
490
+2%
|
544
+11%
|
518
-5%
|
494
-5%
|
474
-4%
|
504
+6%
|
643
+28%
|
762
+19%
|
845
+11%
|
837
-1%
|
814
-3%
|
497
-39%
|
468
-6%
|
463
-1%
|
408
-12%
|
650
+59%
|
465
-28%
|
296
-36%
|
261
-12%
|
230
-12%
|
382
+66%
|
528
+38%
|
|
EPS (Diluted) |
0.63
N/A
|
-0.69
N/A
|
-2.73
-296%
|
-3.56
-30%
|
-3.1
+13%
|
-3.09
+0%
|
-2.42
+22%
|
-3.53
-46%
|
-2.66
+25%
|
-1.94
+27%
|
-0.77
+60%
|
0.57
N/A
|
0.31
-46%
|
2.18
+603%
|
3.14
+44%
|
5.69
+81%
|
7.75
+36%
|
7.92
+2%
|
8.9
+12%
|
8.97
+1%
|
10.08
+12%
|
9.53
-5%
|
9.19
-4%
|
8.82
-4%
|
9.35
+6%
|
11.9
+27%
|
14.15
+19%
|
15.68
+11%
|
15.53
-1%
|
15.24
-2%
|
9.53
-37%
|
8.96
-6%
|
8.81
-2%
|
7.89
-10%
|
12.57
+59%
|
9.06
-28%
|
5.72
-37%
|
5.04
-12%
|
4.44
-12%
|
7.37
+66%
|
10.18
+38%
|