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Zebra Technologies (ZBRA) operating margin by quarter

Zebra Technologies' operating margin was 14.7% in Q3 2026 (third quarter 2026), -5.9 pts from Q2 2026. Over the last 7 quarters it ranged from 9.4% (Q4 2025) to 20.6% (Q2 2026).

Zebra Technologies operating margin by quarterZebra Technologies operating margin by quarter14.9%Q1 202514.2%Q2 202513.9%Q3 20259.4%Q4 202514.4%Q1 202620.6%Q2 202614.7%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202614.7%-5.9 pts+0.8 pts
Q2 202620.6%+6.2 pts+6.5 pts
Q1 202614.4%+5.0 pts-0.5 pts
Q4 20259.4%-4.4 pts—
Q3 202513.9%-0.3 pts—
Q2 202514.2%-0.8 pts—
Q1 202514.9%——

Q3 2026 at a glance

Zebra Technologies, Q3 2026: revenue $1.6B (+22% year over year), operating margin 14.7%, net earnings $164M, operating cash flow $324M. The chart follows the revenue to costs, profit and cash.

Questions

What is Zebra Technologies' operating margin?

Zebra Technologies' operating margin was 14.7% in Q3 2026 (third quarter 2026), -5.9 pts from Q2 2026.

How has Zebra Technologies' operating margin changed?

Over the last 7 quarters it ranged from 9.4% (Q4 2025) to 20.6% (Q2 2026).

Q3 2026 results → · How Zebra Technologies makes money →