Let's start with the headline figures. Net sales rose 14.3% year over year, landing at $1.50 billion. Adjusted earnings jumped from $4.02 to $4.75 per share, which works out to an 18% increase. Your average analyst would have settled for earnings near $4.26 per share on revenue around $1.48 billion. Looking ahead, Zebra's management set next-quarter and full-year earnings guidance well above the current Street consensus targets. Why the stock is trotting higher Zebra beat estimates and raised guidance. Full ...

业绩总结 - 2026年第一季度销售额为14.95亿美元，同比增长14.3%[10] - 调整后的EBITDA利润为3.47亿美元，调整后的EBITDA利润率为23.2%，较上年同期增长90个基点[10] - 调整后的毛利为7.53亿美元，调整后的毛利率为50.4%，较上年同期增长80个基点[10] - 非GAAP稀释每股收益为4.75美元，同比增长18.2%[10] - 第一季度自由现金流为1.63亿美元，同比增加500万美元[43] 未来展望 - 预计2026年第二季度销售增长将在14%至17%之间，非GAAP稀释每股收益预期为4.20至4.50美元[47] - 预计2026年全年销售增长将在10%至14%之间，非GAAP稀释每股收益预期为18.30至18.70美元[47] 用户数据 - 公司在亚太地区的有机销售增长为11%，在拉丁美洲的有机销售增长为10%[40] - Consolidated有机净销售增长为4.3%，CF为3.8%，AVA为4.8%[56] - EMEA地区GAAP净销售增长为13.9%，北美为13.2%，亚太为21.9%，拉丁美洲为10.7%[60] 财务状况 - 公司在第一季度进行了3亿美元的股票回购，显示出强劲的资产负债表和现金流[42] - 总债务为26.6亿美元，净债务为25.46亿美元，净债务与调整后EBITDA比率为2.1[69] - 调整后运营费用占销售额的比例为28.4%[10] 其他信息 - 外汇转换影响导致GAAP净销售增长下降2.1%[56] - 收购影响导致GAAP净销售增长下降7.9%[56] - Consolidated调整后毛利率为49.6%，CF为49.1%，AVA为51.9%[62]

Zebra Technologies Announces First-Quarter 2026 Results Zebra Technologies Announces First-Quarter 2026 Results Share Delivers strong first-quarter 2026 performance with broad-based growth across segments and regions Increases outlook for the full year 2026 May 12, 2026 6:30 AM Eastern Daylight Time LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Zebra Technologies Corporation(NASDAQ: ZBRA), a global leader in digitizing and automating workflows to deliver intelligent operations, today announced results for the first ...