---
schema_version: "secwatch.filing_event.v1"
accession: "0000877212-24-000026"
form_type: "8-K"
ticker: "ZBRA"
cik: "0000877212"
company_name: "ZEBRA TECHNOLOGIES CORP"
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:46:38.040172+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Zebra Q4 2023 net sales $1,009M (-33% YoY); net income $17M (-91%); Q1 guidance sales decline 17-20%

## Summary
- Q4 net sales $1,009M, down 32.9% YoY; net income $17M ($0.31 diluted EPS), down 91.3%.
- Non-GAAP diluted EPS $1.71, down 64% YoY; adjusted EBITDA $155M (15.4% margin).
- Expanded cost reduction plans now targeting $120M annualized net savings (up from $100M).
- Q1 2024 guidance: net sales decline 17-20% YoY; non-GAAP diluted EPS $2.30-$2.60.
- Full-year 2024 net sales expected -1% to +3% YoY; free cash flow at least $550M.

## SEC filing metadata
- accession: 0000877212-24-000026
- form_type: 8-K
- ticker: ZBRA
- cik: 0000877212
- company_name: ZEBRA TECHNOLOGIES CORP
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/877212/000087721224000026/0000877212-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/877212/000087721224000026/zbra-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000877212-24-000026
- JSON: https://secwatch.observer/filing/0000877212-24-000026.json
- Plain text: https://secwatch.observer/filing/0000877212-24-000026.txt

## Key facts
- Earnings Releases
  ZEBRA TECHNOLOGIES CORP reported the fourth quarter and full year ended December 31, 2023 results: revenue $1,009 million, net income $17 million, EPS $0.31 per diluted share.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Revenue: $1,009 million
  - Net income: $17 million
  - EPS: $0.31 per diluted share
  - Result: reported results
  source text: IL 60069 USA +1 847 634 6700 www.zebra.com Zebra Technologies Announces Fourth-Quarter and Full-Year 2023 Results Fourth-Quarter Financial Highlights • Net sales of $1,009 million; year-over-year decrease of 32.9% • Net income of $17 million and net income per diluted share of $0.31, year-over-year decrease of 90.9% and decrease of 91.3%, respectively •
  evidence_url: https://www.sec.gov/Archives/edgar/data/877212/000087721224000026/0000877212-24-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.