Company / R&D Expense
Zebra Technologies R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$593.0M
FY2025
5-year range
$447.0M / $593.0M
FY2021-FY2025
Trend
+5.3%
vs FY2024
Sector context
#62 of 263
Information Technology
What the data says
Zebra Technologies's r&d expense of $593M is higher than 76% of companies in the Information Technology sector (FY2025). R&D Expense has increased for 5 consecutive years, from $444M in FY2020 to $593M in FY2025.
Based on SEC 10-K filings.
$593M in FY2025 with a 5-year CAGR of +6.0%. Top quartile in the Information Technology sector.
Improved from $519M to $593M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +9.4%
- 5-Year CAGR
- +6.0%
- 10-Year CAGR
- -
Sector benchmark
-36.0% below sector average
Key checks
Key Insights
- Zebra Technologies's r&d expense has grown for 5 consecutive years.
- 5-year CAGR of +6.0%, indicating consistent growth.
- In FY2025, r&d expense increased 5.3% year-over-year.
- Ranks #62 out of 263 companies in the Information Technology sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $593.0M | +5.3% |
| FY2024 | $563.0M | +8.5% |
| FY2023 | $519.0M | +14.6% |
| FY2022 | $453.0M | +1.3% |
| FY2021 | $447.0M | +0.7% |
| FY2020 | $444.0M | -0.7% |
| FY2019 | $447.0M | +18.9% |
| FY2018 | $376.0M | -4.6% |
| FY2017 | $394.0M | +160.9% |
| FY2016 | $151.0M | -61.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026