Zebra Technologies Corporation (ZBRA) Earnings Call Transcripts

Zebra Technologies Corporation's Latest Earnings Call - June 4, 2026

In the second quarter of fiscal year 2026, Zebra Technologies reported revenues of $3.5 billion, reflecting a 5% year-over-year growth, which aligns with management's guidance of 5% to 7% organic growth for the year. The company achieved an EBITDA margin of 23%, slightly above the guided 22%. Management maintained its full-year guidance despite facing a $120 million headwind from memory cost increases, indicating strong operational resilience and pricing power.

Reported metrics

Guidance from management

Management maintained full-year guidance for 2026, projecting organic growth of 5% to 7% despite facing memory cost pressures. They expressed confidence in achieving their margin targets and navigating supply chain challenges effectively.

What management said

As you look back in their LinkedIn, you'd see most of them probably were at some point. So it's a tight community, whether you go to the NRF, National Retail Federation or as we said, we do a lot of our sales kickoffs are combined with our sellers and resellers because we want them to feel like they're part of it, but obviously, they're running their own business, and it's up to us to make sure that we're there suppl...

Yes. Look, I think we're excited about the business. Again, we see a lot of underlying demand. Again, I think we feel confident with where we're at from having supply we need from a memory perspective to achieve our guidance and working every day, as I mentioned, to secure more supply that hopefully gets us to the higher end of our guidance range. And again, this is all about continuing no matter what the environme...

What analysts pressed on

Analysts expressed concerns about the impact of rising memory costs on margins and the potential for demand destruction due to price increases. There were also inquiries regarding the integration and performance of recent acquisitions, particularly Elo Touch.

Main topics on the call

• Revenue Growth and Guidance — Zebra Technologies reported revenues of $3.5 billion for Q2 2026, marking a 5% increase year-over-year. Management reiterated their guidance for 2026, projecting organic growth of 5% to 7%, indicating confidence in their...
• Margin Resilience Amid Cost Pressures — The company achieved an EBITDA margin of 23%, exceeding the guidance of 22%. CFO Nathan Winters noted, "We feel very good about that," despite a $120 million headwind from memory costs, showcasing effective cost manageme...
• Impact of Memory Costs — Management quantified the memory cost increase as a $120 million headwind for the year, impacting margins primarily in the mobile computing segment. They have implemented price increases to offset approximately half of t...
• Acquisitions and Strategic Growth — The Elo Touch acquisition, valued at $400 million in annual revenue, is expected to enhance Zebra's product offerings in the quick-service restaurant sector. Management is on track to achieve $25 million in cost synergie...

Read the full Zebra Technologies Corporation transcript (June 4, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 74 Zebra Technologies Corporation earnings call transcripts on record, spanning February 13, 2020 to June 4, 2026. Based on this history, Zebra Technologies Corporation reports quarterly. The most recent call on file is dated June 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ZBRA

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Electronic Equipment, Instruments and Components

Calls on record

74

First call

February 13, 2020

Most recent

June 4, 2026

Reporting cadence

quarterly