Zebra Technologies (ZBRA) Revenue — Quarter Ended Sep 30, 2023
Revenue declined in the third quarter compared with both the immediately preceding quarter and the same quarter one year earlier. The downward trend from prior quarters continued, with a sharper drop than the previous period.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue declined in the third quarter compared with both the immediately preceding quarter and the same quarter one year earlier. The downward trend from prior quarters continued, with a sharper drop than the previous period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$956M
Revenue reported for this quarter.
Quarter-over-quarter
-21.3%
Change from the immediately preceding quarter.
Year-over-year
-30.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $1.5B | +2.5% |
| Apr 1, 2023 | $1.4B | -1.9% |
| Jul 1, 2023 | $1.2B | -17.3% |
| Sep 30, 2023 | $956M | -30.6% |
Revenue performance
The reported revenue decreased, marking a larger sequential decline than in the prior quarter. On a year-over-year basis, revenue also fell substantially.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower. Compared with the same quarter one year earlier, revenue was also lower.
What to watch
The sequential and year-over-year revenue declines suggest persistent demand headwinds, though filing context does not specify causes.