ZBRA (Zebra Technologies) Retained Earnings: $5,414 Mil (As of Mar. 2026)

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ZBRA Zebra Technologies Corp ZBRA
78 GF Score
Price $267.31
GF Value $337.39
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Zebra Technologies Retained Earnings?

Zebra Technologies ZBRA +0.87% 78 Retained Earnings is $5,414 Mil as of Mar. 2026. GuruFocus rates ZBRA with a GF Score™ of 78/100 and a GF Value™ of $337.39 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zebra Technologies's retained earnings for the quarter that ended in Mar. 2026 was $5,414 Mil.

Zebra Technologies's quarterly retained earnings increased from Sep. 2025 ($5,209 Mil) to Dec. 2025 ($5,279 Mil) and increased from Dec. 2025 ($5,279 Mil) to Mar. 2026 ($5,414 Mil).

Zebra Technologies's annual retained earnings increased from Dec. 2023 ($4,332 Mil) to Dec. 2024 ($4,860 Mil) and increased from Dec. 2024 ($4,860 Mil) to Dec. 2025 ($5,279 Mil).


Zebra Technologies  (NAS:ZBRA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Zebra Technologies Retained Earnings Historical Data

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The historical data trend for Zebra Technologies's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zebra Technologies Retained Earnings Chart

Zebra Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,573.00 4,036.00 4,332.00 4,860.00 5,279.00

Zebra Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,996.00 5,108.00 5,209.00 5,279.00 5,414.00
ZBRA
78GF Score
Zebra Technologies Corp ZBRA
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Zebra Technologies Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $5,414 Mil mean?
Zebra Technologies (ZBRA) has a Retained Earnings of $5,414 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Zebra Technologies and its competitors.
Is Zebra Technologies' Retained Earnings too high?
Zebra Technologies' current Retained Earnings is $5,414 Mil. Overall, Zebra Technologies has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zebra Technologies' Retained Earnings compare to VIAV and AAOI?
Zebra Technologies' Retained Earnings of $5,414 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Hardware company?
A good Retained Earnings depends on the Hardware industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Zebra Technologies and its competitors. Zebra Technologies's current Retained Earnings is $5,414 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zebra Technologies stock overvalued right now?
Based on GuruFocus' analysis, Zebra Technologies (ZBRA) is currently considered Modestly Undervalued. The stock's GF Value™ is $337.39, compared to a current price of $267.31 — trading 20.8% below its estimated fair value. The current Retained Earnings is $5,414 Mil. Zebra Technologies' overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Zebra Technologies (ZBRA), the current Retained Earnings is $5,414 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zebra Technologies (ZBRA) Overvalued in 2026?

Based on GuruFocus' analysis, Zebra Technologies stock appears to be undervalued. The current stock price of $267.31 is trading 20.8% below its estimated GF Value™ of $337.39. GuruFocus considers Zebra Technologies to be Modestly Undervalued.

Key valuation signals for ZBRA:

  • Retained Earnings: $5,414 Mil
  • GF Value™: $337.39 vs. price of $267.31 (20.8% below fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the ZBRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zebra Technologies Business Description

Address 3 Overlook Point, Lincolnshire, IL, USA, 60069
Zebra Technologies is the largest provider of automatic identification and data capture technology to enterprises. Its solutions include barcode printers and scanners, mobile computers, and workflow optimization software. The firm primarily serves the retail, transportation logistics, manufacturing, and healthcare markets, designing custom solutions to improve efficiency at its customers.
78GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$267.31
Price
$337.39
GF Value