earnings
confidence high
sentiment positive
materiality 0.80
Zebra Q4 net sales $1.33B (+32%), GAAP EPS $3.14, non-GAAP $4.00; FY25 guide 3-7% growth
ZEBRA TECHNOLOGIES CORP
2024-FY EPS reported
$10.18
revenue$4,981,000,000
- Q4 net sales $1,334M, +32.2% YoY; GAAP diluted EPS $3.14 vs $0.31; non-GAAP diluted EPS $4.00 vs $1.71.
- Full-year 2024 net sales $4,981M (+8.7%), GAAP EPS $10.18 (+78%), non-GAAP EPS $13.52 (+37.7%).
- Adjusted EBITDA margin 22.1% in Q4 (vs 15.4% YoY); free cash flow $954M in FY24.
- Q1 2025 guidance: sales +8-11%, non-GAAP EPS $3.50-$3.70; FY25: sales +3-7%, non-GAAP EPS $14.75-$15.25.
- FY25 guide includes ~$20M gross profit headwind from Mexico/China tariffs; Photoneo acquisition expected to close Q1 2025.