Zebra Technologies said net sales for Q1 2025 were $1,308 million, up 11.3% from $1,175 million in the prior year, and operating income was $195 million compared to $159 million in the prior year.

1. 01

   Zebra Technologies said net sales for Q1 2025 were $1,308 million, up 11.3% from $1,175 million in the prior year, and operating income was $195 million compared to $159 million in the prior year.

2. 02

   The company said AIT net sales increased $70 million, or 17.9%, with gross margin of 51.1% compared to 46.9% in the prior year, and EVM net sales increased $63 million, or 8.0%, with gross margin of 48.3% compared to 48.4% in the prior year.

3. 03

   Zebra Technologies said net cash provided by operating activities for Q1 was $178 million compared to $125 million in the prior year, and on February 28, 2025 it acquired Photoneo, a 3D machine vision company, for $62 million in cash.

4. 04

   The company said it repurchased 374,358 shares for approximately $125 million during the first 3 months of 2025, and as of March 29, 2025 the remaining amount authorized under the share repurchase program was $721 million out of $1 billion.

Key figures

Quarter ended March 29, 2025

Revenue

$1.3B

Operating income

$195M

Net income

$136M

EPS

$2.62

Gross profit

$645M

Operating cash flow

$178M

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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