Quarterly ResultMay 12, 2026, 07:32 AM
Zebra Q1 Net Sales $1.495B, EPS $2.72; Raises FY26 Outlook
AI Summary
Zebra Technologies announced strong first-quarter 2026 results, with net sales increasing 14.3% year-over-year to $1,495 million and Non-GAAP diluted EPS growing 18.2% to $4.75. The company also reported a significant increase in Adjusted EBITDA to $347 million and repurchased $300 million in shares. Building on this performance, Zebra Technologies raised its full-year 2026 outlook for sales growth and Non-GAAP diluted EPS, expecting continued momentum.
Key Highlights
- Q1 2026 Net sales increased 14.3% year-over-year to $1,495 million.
- Q1 2026 Net income per diluted share rose 3.8% to $2.72.
- Non-GAAP diluted EPS for Q1 2026 increased 18.2% year-over-year to $4.75.
- Adjusted EBITDA for Q1 2026 grew 18.8% to $347 million.
- The company repurchased $300 million of shares in Q1 2026.
- Full-year 2026 sales growth outlook increased to 10% to 14%.
- Full-year 2026 Non-GAAP diluted EPS expected in range of $18.30 to $18.70.
- Full-year 2026 Free Cash Flow expected to be greater than $900 million.