ZBRA Q2 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

Zebra Technologies delivered a stronger-than-expected second quarter, posting non-GAAP diluted EPS of $3.61 against a consensus estimate of $3.33, a beat of 8.44%, as the enterprise technology company demonstrated resilient demand and better-than-fea… Read more Zebra Technologies delivered a stronger-than-expected second quarter, posting non-GAAP diluted EPS of $3.61 against a consensus estimate of $3.33, a beat of 8.44%, as the enterprise technology company demonstrated resilient demand and better-than-feared tariff impacts. Revenue climbed 6.2% year-over-year to $1.29 billion, edging just past the $1.29 billion consensus, with the larger Enterprise Visibility and Mobility segment contributing $875 million and Asset Intelligence and Tracking adding $418 million. The key driver behind the earnings strength was disciplined cost management, which held adjusted operating expenses lower as a percentage of sales and pushed non-GAAP net income up 12.7% to $186 million, even as roughly $10 million in net U.S. Import tariff costs compressed GAAP gross margin to 47.6%. Management followed the results with a raised full-year outlook, lifting 2025 sales growth guidance to 5% to 7% and non-GAAP diluted EPS guidance to $15.25 to $15.75, while also announcing a $1.30 billion agreement to acquire Elo Touch Solutions, signaling a meaningful strategic push into self-service and customer engagement markets. Shares have faced pressure in recent sessions, trading well below their 52-week high heading into the report.