Zebra Technologies posts strong Q3 growth but gives mixed Q4 outlook
Zebra Technologies reported third-quarter 2026 net sales of $1,614 million, up 22.3% year over year, with net income of $164 million and non-GAAP diluted EPS of $4.95. Adjusted EBITDA rose to $349 million, while gross margin fell to 45.7% from 48.0% as memory costs increased. The company raised its full-year outlook and expects fourth-quarter sales growth of 10% to 14%, non-GAAP diluted EPS of $5.00 to $5.40, and adjusted EBITDA margin of approximately 22%.


