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斑马技术Zebra Technologies(ZBRA)2025年第四季度及全年财务业绩演示报告「NASDAQ」(英文版)(26页).pdf

上传人: 1****1 编号:1124630 2026-02-13 26页 3.99MB

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1、February 12,2026Zebra TechnologiesFourth Quarter and Full Year 2025 Earnings Results February 12,2026Safe Harbor StatementStatements made in this presentation which are not statements of historical fact are forward-looking statements and are subject to the safe harbor provisions created by the Priva

2、te Securities Litigation Reform Act of 1995.Actual results may differ from those expressed or implied in the companys forward-looking statements.Zebra undertakes no obligation,other than as may be required by law,to publicly update or revise any forward-looking statements,whether as a result of new

3、information,future events,changed circumstances or any other reason after the date of this release.These forward-looking statements are based on current expectations,forecasts and assumptions and are subject to the risks and uncertainties inherent in Zebras industry,market conditions,general domesti

4、c and international economic conditions,and other factors.These factors include customer acceptance of Zebras offerings and competitors offerings,and the potential effects of emerging technologies and changes in customer requirements.The effect of global market conditions and the availability of cre

5、dit and capital markets volatility may have adverse effects on Zebra,its suppliers and its customers.In addition,natural disasters,man-made disasters,public health issues (including pandemics),and cybersecurity incidents may have negative effects on Zebras business and results of operations.Zebras a

6、bility to purchase sufficient materials,parts,and components,and ability to provide services,software,and products to meet customer demand could negatively impact Zebras results of operations and customer relationships.Profits and profitability will be affected by Zebras ability to control manufactu

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1. **2025年Q4业绩**:销售额14.75亿美元,有机净销售额增长2.5%;调整后EBITDA利润率22.1%(同比持平);非GAAP稀释每股收益4.33美元(增长8.3%)。 2. **2026年展望**:全年销售额增长9%-13%(收购及汇率贡献约7个百分点);调整后EBITDA利润率约22%;非GAAP稀释每股收益17.70-18.30美元;自由现金流至少9亿美元。 3. **业务亮点**:亚太地区增长强劲(+13%);医疗、制造、零售及电商领域表现突出;收购Elo Touch和Photoneo推动增长。 4. **战略方向**:聚焦智能运营,通过AI解决方案赋能零售、物流、制造等行业,提升生产力与效率。
**Zebra业绩如何?** **2026年展望怎样?** **AI赋能零售有何创新?**
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