Zebra Technologies Cash Flow Statement
NASDAQ: ZBRAIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Zebra Technologies free cash flow
In fiscal 2025, Zebra Technologies generated $917.0 million of operating cash flow and spent $86.0 million on capital expenditures. That left free cash flow of $831.0 million, a free-cash-flow margin of 15.4% of revenue. Free cash flow was down 12.9% from the prior year's $954.0 million.
Zebra Technologies returned $587.0 million to shareholders through share repurchases, equal to 71% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
Zebra Technologies cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 419.00M | 528.00M | 296.00M | 463.00M | 837.00M | 504.00M | 544.00M | 421.00M | 17.00M | -137.00M |
| Net Income growth (YoY) | -20.64% | +78.38% | -36.07% | -44.68% | +66.07% | -7.35% | +29.22% | +2376.47% | — | — |
| Depreciation & Amortization | 185.00M | 172.00M | 176.00M | 204.00M | 187.00M | 146.00M | 175.00M | 175.00M | 263.00M | 304.00M |
| Stock-Based Compensation | 163.00M | 89.00M | 55.00M | 88.00M | 76.00M | 51.00M | 48.00M | 45.00M | 35.00M | 27.00M |
| Change in Working Capital | 68.00M | 227.00M | -176.00M | -293.00M | 75.00M | 265.00M | -17.00M | 122.00M | 48.00M | 178.00M |
| Operating Cash Flow | 917.00M | 1.01B | -4.00M | 488.00M | 1.07B | 962.00M | 685.00M | 785.00M | 478.00M | 380.00M |
| Capital Expenditures | -86.00M | -59.00M | -87.00M | -75.00M | -59.00M | -67.00M | -61.00M | -64.00M | -50.00M | -77.00M |
| Investing Cash Flow | -1.46B | -57.00M | -92.00M | -968.00M | -546.00M | -641.00M | -335.00M | -137.00M | -51.00M | -39.00M |
| Share Repurchases | -587.00M | -47.00M | -52.00M | -751.00M | -57.00M | -200.00M | -47.00M | 0 | 0 | — |
| Debt Issued | 347.00M | 651.00M | 440.00M | 1.28B | 46.00M | 302.00M | 637.00M | 909.00M | 1.37B | 102.00M |
| Debt Repaid | -19.00M | -694.00M | -245.00M | -247.00M | -303.00M | -342.00M | -949.00M | -1.57B | -1.82B | -484.00M |
| Financing Cash Flow | -239.00M | -190.00M | 117.00M | 253.00M | -371.00M | -157.00M | -365.00M | -661.00M | -517.00M | -384.00M |
| Net Change in Cash | -776.00M | 763.00M | 21.00M | -227.00M | 152.00M | 162.00M | -14.00M | -18.00M | -94.00M | -36.00M |
| Free Cash Flow | 831.00M | 954.00M | -91.00M | 413.00M | 1.01B | 895.00M | 624.00M | 721.00M | 428.00M | 303.00M |
This table shows 10 annual periods of Zebra Technologies's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow ZBRA's reporting calendar. What is a cash flow statement?