| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $4,448 | $5,627 | $5,781 | $4,584 | $4,981 |
| Gross Profit | $2,003 | $2,628 | $2,624 | $2,123 | $2,413 |
| Operating Income | $651 | $979 | $529 | $481 | $742 |
| Net Income | $504 | $837 | $463 | $296 | $528 |

Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $4,448 | $5,627 | $5,781 | $4,584 | $4,981 |
| Gross Profit | $2,003 | $2,628 | $2,624 | $2,123 | $2,413 |
| Operating Income | $651 | $979 | $529 | $481 | $742 |
| Net Income | $504 | $837 | $463 | $296 | $528 |
Over the five-year period, Zebra Technologies’ performance shows notable fluctuations across key income statement metrics. Revenue increased substantially from $4,448 million in 2020 to $5,627 million in 2021—a growth of approximately 26%—which may indicate strong market demand or successful strategic initiatives during that period. However, following this peak, revenue only showed modest growth to $5,781 million in 2022 before experiencing a significant decline of roughly 21% to $4,584 million in 2023. The upward trend partially recovered in 2024 with revenue reaching $4,981 million, suggesting some resilience as market conditions evolved. Gross profit trends mirror this volatility, rising from $2,003 million in 2020 to $2,628 million in 2021, remaining nearly flat into 2022, then falling to $2,123 million in 2023 and partially rebounding to $2,413 million in 2024. Operating income and net income figures underscore further volatility. Operating income nearly jumped by 50% from $651 million in 2020 to $979 million in 2021 but then fell sharply by about 46% to $529 million in 2022, before modestly recovering to $742 million in 2024 after reaching a low of $481 million in 2023. Similarly, net income experienced a robust increase from $504 million in 2020 to $837 million in 2021, only to decline steeply by approximately 45% to $463 million in 2022 and further by 36% to $296 million in 2023, before rebounding strongly to $528 million in 2024. These swings, particularly the significant year-over-year changes, may be driven by operational challenges, pricing pressures, or market shifts within the technology and data capture industry. Overall, while Zebra Technologies demonstrates resilience with eventual rebounds in gross, operating, and net incomes, the volatility highlights some sensitivity to external market factors and operational adjustments, suggesting that maintaining sustainable margins will be critical for long-term stability.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.