Zebra Technologies Q2 net sales rise 20.4% to $1,557 million; full-year outlook raised
Zebra Technologies reported second-quarter 2026 results for the period ended July 4, 2026, with net sales of $1,557 million, up 20.4% from $1,293 million a year earlier, and net income of $233 million, or $4.85 per diluted share, compared with $112 million, or $2.19, in the prior year. The company raised its full-year 2026 outlook, with non-GAAP diluted earnings per share now expected between $20.75 and $21.25.
Key points
- Q2 net sales $1,557 million vs. $1,293 million; net income $233 million ($4.85 per diluted share) vs. $112 million ($2.19).
- Non-GAAP diluted EPS $6.35 vs. $3.61; Q2 included IEEPA tariff recoveries of $73 million recorded, with $14 million received in the quarter.
- Full-year 2026 outlook: sales growth of 14% to 16%, non-GAAP diluted EPS of $20.75 to $21.25, and free cash flow greater than $1 billion.
- Share repurchases of $568 million in the first six months of 2026; Q3 non-GAAP diluted EPS expected at $4.70 to $4.90.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.