ZBRA
Zebra Technologies Corporation261.17
-4.12-1.55%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Memory mitigation detailed; growth affirmed.
Q&A drilled into memory pricing headwinds—a two-point gross margin hit fully offset via March price hikes, supplier co-planning, and robotics exit savings—while stressing supply confidence through demand shaping and strong vendor ties. Management plans aggressive buybacks at 50% of $900M FCF, mostly H1, signaling balance sheet comfort. Machine vision details surfaced T&L wins and manufacturing recovery driving FY growth; RFID set for high double-digits across verticals. North America Q4 dip pinned on tough comps, not demand weakness. Customers signal steady tech spend. Q&A reaffirms scripted momentum. Watch memory supply.
Key Stats
Market Cap
13.28BP/E (TTM)
26.33Basic EPS (TTM)
9.92Dividend Yield
0%Recent Filings
10-K
FY2025 results
Zebra Technologies drove FY2025 net sales to $5.4B, up 8.3% y/y with 6.2% organic growth, fueled by demand recovery across CF and AVA segments; CF sales rose 9.1% to $3.0B on mobile computing strength and Elo's Q4 close, while AVA climbed 7.5% to $2.4B via printing and RFID gains. Q4 momentum shone through robotics exit ($55M charges) and 2025 Productivity Plan ($21M severance), yet operating income dipped 5.7% to $700M amid higher opex and Elo integration. Free cash flow held firm at $831M despite $1.4B M&A spend; debt rose to $2.5B with $1.2B revolver headroom. Q4 accelerated organic trends, but robotics divestiture sharpens focus. Supply chain disruptions threaten quarterly momentum.
8-K
Q4 sales beat; buyback boosted
Zebra Technologies reported Q4 net sales up 10.6% to $1,475 million, yet GAAP net income fell 57.1% to $70 million on $76 million restructuring charges from exiting robotics. Adjusted EBITDA rose 10.5% to $326 million. Board approved $1 billion share repurchase hike, boosting total authorization over $1.1 billion—no expiration. Repurchases hinge on market conditions.
8-K
Exits robotics, takes $80M charge
Zebra Technologies decided to exit its robotics automation solutions business on December 9, 2025, to realign resources with strategic priorities. It expects up to $80 million in one-time pre-tax charges, including $60 million non-cash impairments, in Q4 2025. Actions deliver at least $20 million net annualized pre-tax savings. Estimates carry risks of variance.
8-K
CPO transition announced
Zebra Technologies announced Chief People Officer Jeff Schmitz will step down December 31, 2025, transitioning to SVP to lead Elo acquisition integration through Q2 2026 before retiring. VP Melissa Luff Loizides, with 25+ years experience including global talent leadership, assumes the CPO role January 1, 2026. Succession underscores strategic planning. Smooth handoff aids growth.
8-K
Majority vote for directors
Zebra Technologies adopted amended and restated by-laws on October 30, 2025, effective immediately, revising Section 2.11 to require directors in uncontested elections to receive more 'in favor' votes than 'against'—a majority vote standard. This sharpens board accountability to shareholders. No other changes disclosed.
IPO
Website
Employees
Sector
Industry
BRC
Brady Corporation
81.48+0.60
CMBM
Cambium Networks Corporation
1.62+0.06
DDD
3D Systems Corporation
1.91-0.04
ERIC
Ericsson
9.62+0.06
EXTR
Extreme Networks, Inc.
16.79-0.13
MSI
Motorola Solutions, Inc.
363.83-1.01
RBBN
Ribbon Communications Inc.
2.89-0.01
SONM
Sonim Technologies, Inc.
5.16-0.34
TACT
TransAct Technologies Incorpora
4.10-0.10
VRRM
Verra Mobility Corporation
21.79+0.19