ZBRA (Zebra Technologies) Total Operating Expense: $1,864 Mil (TTM As of Mar. 2026)


ZBRA Zebra Technologies Corp ZBRA
78 GF Score
Price $267.20
GF Value $335.16
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Zebra Technologies Total Operating Expense?

Zebra Technologies ZBRA -0.29% 78 Total Operating Expense is $1,864 Mil as of Mar. 2026. GuruFocus rates ZBRA with a GF Score™ of 78/100 and a GF Value™ of $335.16 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Zebra Technologies's Total Operating Expense for the three months ended in Mar. 2026 was $518 Mil. Zebra Technologies's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $1,864 Mil.

Zebra Technologies Total Operating Expense Related Terms

Zebra Technologies Total Operating Expense Historical Data

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The historical data trend for Zebra Technologies's Total Operating Expense 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 Total Operating Expense Chart

Zebra Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,617.00 1,688.00 1,538.00 1,648.00 1,793.00

Zebra Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 447.00 429.00 441.00 476.00 518.00
ZBRA
78GF Score
Zebra Technologies Corp ZBRA
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Zebra Technologies Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,864 Mil.

* 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.

What does a Total Operating Expense of $1,864 Mil mean?
Zebra Technologies (ZBRA) has a Total Operating Expense of $1,864 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Zebra Technologies and its competitors.
Is Zebra Technologies' Total Operating Expense too high?
Zebra Technologies' current Total Operating Expense is $1,864 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' Total Operating Expense compare to VIAV and AAOI?
Zebra Technologies' Total Operating Expense of $1,864 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 Total Operating Expense for a Hardware company?
A good Total Operating Expense depends on the Hardware industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Zebra Technologies and its competitors. Zebra Technologies's current Total Operating Expense is $1,864 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 $335.16, compared to a current price of $267.20 — trading 20.3% below its estimated fair value. The current Total Operating Expense is $1,864 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Zebra Technologies (ZBRA), the current Total Operating Expense is $1,864 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 $267.20 is trading 20.3% below its estimated GF Value™ of $335.16. GuruFocus considers Zebra Technologies to be Modestly Undervalued.

Key valuation signals for ZBRA:

  • Total Operating Expense: $1,864 Mil
  • GF Value™: $335.16 vs. price of $267.20 (20.3% 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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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$267.20
Price
$335.16
GF Value