Zebra Technologies Reports 22% Sales Growth and Raises 2026 Outlook
Filed with the SEC on · Summarized by InvestorsBot
Zebra Technologies reported third-quarter 2026 net sales of $1.614 billion for the period ended October 3, up 22.3% year over year, with GAAP diluted EPS of $3.43 and non-GAAP diluted EPS of $4.95; adjusted EBITDA rose 22.5% to $349 million, while gross margin declined to 45.7% from 48.0% due mainly to higher memory costs and business mix. The company expects fourth-quarter sales growth of 10% to 14%, non-GAAP diluted EPS of $5.00 to $5.40, and full-year free cash flow of at least $1 billion, and reported $643 million of share repurchases through the first nine months.