Zebra Technologies Corporation (NASDAQ:ZBRA) reported second-quarter earnings on Tuesday that outperformed analyst expectations, leading to a notable jump in its shares and an upgraded full-year outlook, alongside announcing a major acquisition.
Shares climbed 8.71% in pre-market trading following the news.
The company, specializing in digitizing and workflow automation, posted adjusted earnings per share of $3.61 for the quarter, well above the analyst consensus of $3.33. Revenue hit $1.29 billion, in line with forecasts and marking a 6.2% year-over-year increase. Organic net sales grew 6.3% compared to the previous year’s quarter.
“Solid demand, excellent execution by our team and lower-than-expected tariffs enabled us to deliver second quarter results that exceeded our expectations,” said Bill Burns, CEO of Zebra Technologies.
Buoyed by the strong performance, Zebra raised its 2025 full-year sales growth guidance to a range of 5% to 7%, up from earlier projections. The company also provided third-quarter earnings per share guidance between $3.60 and $3.80, surpassing the consensus estimate of $3.44.
Within segments, the Enterprise Visibility & Mobility division posted $875 million in sales, up from $820 million last year, while the Asset Intelligence & Tracking segment generated $418 million, compared to $397 million a year prior.
Adjusted EBITDA rose to $267 million, accounting for 20.6% of adjusted net sales—slightly higher than 20.5% in the prior year. Zebra also reported $288 million in free cash flow during the first half of 2025.
In a separate update, Zebra announced plans to acquire Elo Touch Solutions for $1.3 billion, a deal expected to close later this year and not factored into current guidance.
“We are focused on driving shareholder value and advancing our industry leadership with our innovative solutions that digitize and automate our customers’ workflows,” Burns added.
Zebra Technologies Corporation stock price
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