- Net sales for Zebra Tech’s third quarter reached $1.32 billion, marking a 5.2% increase year-over-year and aligning with estimates.
- Tangible products net sales rose by 6.1%, reaching $1.08 billion, slightly surpassing the estimated $1.07 billion.
- Services and software net sales were $239 million, a 1.3% increase year-over-year, but fell short of the $248.1 million estimate.
- Adjusted earnings per share (EPS) came in at $3.88, beating the estimate of $3.75 and improving from $3.49 the previous year.
- The adjusted gross margin was 48.2%, slightly down from 49.1% year-over-year, but higher than the estimated 48%.
- Adjusted EBITDA stood at $285 million, up by 6.3% year-over-year and exceeding the $275.5 million estimate.
- The adjusted EBITDA margin increased to 21.6%, compared to 21.4% last year and an estimated 20.9%.
- Research and Development (R&D) expenses were $146 million, a 3.5% increase year-over-year, slightly above the estimated $144.5 million.
- For the full year of 2025, Free Cash Flow is expected to exceed $800 million.
- The company’s stock receives a strong market endorsement with 12 buy ratings, 6 hold ratings, and no sell ratings.
Zebra Technologies Corp on Smartkarma
Analysts on Smartkarma, such as Baptista Research, are showing bullish sentiments towards Zebra Technologies Corp. In their recent reports, Baptista Research highlighted Zebra’s strong financial performance and strategic direction. Zebra’s second-quarter earnings for 2025 showcased a sales increase of over 6% on a constant currency basis, driven by robust demand in North America, Latin America, and Asia Pacific regions. The company’s focus on mobile computing, scanning, and RFID segments has been particularly successful in fueling this growth.
Furthermore, Baptista Research‘s analysis of Zebra Technologies’ first-quarter results pointed out the company’s impressive sales exceeding $1.3 billion, a 12% year-over-year growth. Additionally, Zebra saw improvements in its adjusted EBITDA margin and non-GAAP earnings per share, indicating strong financial health and growth prospects. With a positive outlook on Zebra Technologies’ diversification efforts and market expansion in manufacturing, analysts like those at Baptista Research see potential for continued success and value creation for investors.
A look at Zebra Technologies Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Zebra Technologies Corp, a company specializing in enterprise mobile computers, scanners, printers, and more, is positioned for a moderate to favorable long-term outlook based on Smartkarma Smart Scores. With a balanced score of 3 for both Value and Growth, Zebra shows potential for sustained performance and expansion. Its Resilience score of 3 suggests a stable ability to withstand market challenges, contributing to its overall strength. Additionally, the Momentum score of 3 indicates a promising trend in market sentiment and investor interest, pointing towards potential future growth opportunities for the company.
Despite a lower score of 1 in the Dividend category, Zebra Technologies Corp‘s overall profile reflects a solid foundation and promising future prospects. This diversified company’s focus on innovative technologies and solutions positions it well to capitalize on evolving market demands. Investors may find Zebra Technologies Corp a compelling option for long-term growth potential while considering the different aspects of its Smartkarma Smart Scores.
Summary: Zebra Technologies Corporation is a leading designer and manufacturer of enterprise mobile computers, data capture devices, and specialty printers, emphasizing barcode labeling and identification solutions. The company also offers WLAN products, real-time location systems, software applications, and related supplies, catering to a wide range of industries.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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