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Shares Outstanding for Zebra Technologies (ZBRA)

According to Zebra Technologies's latest reported financial statements, the company's latest reported diluted shares outstanding is 50.65M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Latest period

50.65M

YoY change

-1.3%

5Y CAGR

-1.0%

Peak year (2004)

72.40M

Latest annual

51.21M

Shares Outstanding history chart for Zebra Technologies (ZBRA) from 1990 to 2025

Shares Outstanding history table for Zebra Technologies (ZBRA) from 1990 to 2025

Fiscal yearPeriod endedReportedShares OutstandingYoY
202551.21M-1.3%
202451.88M+0.3%
202351.71M-1.6%
202252.56M-2.5%
202153.90M-0.0%
202053.91M-1.2%
201954.59M+0.6%
201854.25M+1.1%
201753.69M+4.1%
201651.58M+1.1%
201551.00M-0.7%
201451.38M+0.6%
201351.06M-1.5%
201251.84M-4.3%
201154.19M-5.6%
201057.43M-3.4%
200959.42M-7.9%
200864.52M-6.4%
200768.91M-2.9%
200670.96M-1.5%
200572.00M-0.5%
200472.40M+1.2%
200371.51M+1.7%
200270.35M+1.2%
200169.48M-0.9%
200070.10M-1.2%
199970.92M+1.1%
199870.15M+28.4%
199754.63M+0.3%
199654.49M+0.6%
199554.18M+0.2%
199454.09M+0.3%
199353.92M+0.1%
199253.85M0.0%
199153.85M0.0%
199053.85M

Shares Outstanding values are taken from Zebra Technologies's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

As of the 2025 fiscal year, Zebra Technologies (ZBRA) reported diluted shares outstanding of 51.21M – edged down 1.3% year-over-year.

Looking at the 2020–2025 (5 years) stretch, Zebra Technologies diluted shares outstanding compounded at -1.0% per year, with a net decline across the window.

Zebra Technologies diluted shares outstanding declined from 72.40M in 2004 to 51.21M in 2025, a 29.3% drawdown.

Across the available history, diluted shares outstanding reached its high of 72.40M in 2004 and its low of 51.00M in 2015.

Zebra Technologies (ZBRA) sits 9th of 8 Technology peers we track on this metric, against a peer median of 5.02B.

Zebra Technologies Shares Outstanding by Year

Zebra Technologies Shares Outstanding 2025: 51.21M

Zebra Technologies diluted shares outstanding in 2025 was 51.21M, edged down 1.3% below 2024.

Zebra Technologies Shares Outstanding 2024: 51.88M

Zebra Technologies diluted shares outstanding in 2024 was 51.88M, edged up 0.3% from 2023.

Zebra Technologies Shares Outstanding 2023: 51.71M

Zebra Technologies diluted shares outstanding in 2023 was 51.71M, edged down 1.6% below 2022.

Zebra Technologies Shares Outstanding 2022: 52.56M

Zebra Technologies diluted shares outstanding in 2022 was 52.56M, edged down 2.5% below 2021.

Zebra Technologies Shares Outstanding 2021: 53.90M

Zebra Technologies diluted shares outstanding in 2021 was 53.90M.

See more financial history for Zebra Technologies (ZBRA).

Sector peers — Shares Outstanding

Companies in the same sector as Zebra Technologies, ranked by their latest diluted shares outstanding.

CompanyShares OutstandingSector
NVIDIA Corporation (NVDA)24.43BTechnology
Apple Inc. (AAPL)15.00BTechnology
Microsoft Corporation (MSFT)7.46BTechnology
Taiwan Semiconductor Manufacturing Company Limited (TSM)5.19BTechnology
Broadcom Inc. (AVGO)4.85BTechnology
Advanced Micro Devices, Inc. (AMD)1.64BTechnology
Micron Technology, Inc. (MU)1.13BTechnology
ASML Holding N.V. (ASML)388.90MTechnology

Frequently asked questions

What is Zebra Technologies's diluted shares outstanding?

Latest reported diluted shares outstanding for Zebra Technologies (ZBRA) is 50.65M (period ending December 31, 2025).

How has Zebra Technologies diluted shares outstanding changed year-over-year?

Zebra Technologies (ZBRA) diluted shares outstanding changed -1.3% year-over-year on the latest annual filing.

What is the long-term growth rate of Zebra Technologies diluted shares outstanding?

Zebra Technologies (ZBRA) diluted shares outstanding compound annual growth rate is -1.0% over the most recent 5 years available.

When did Zebra Technologies diluted shares outstanding hit its highest annual value?

Zebra Technologies diluted shares outstanding reached its highest annual value of 72.40M in 2004.

What was Zebra Technologies diluted shares outstanding in 2024?

Zebra Technologies (ZBRA) diluted shares outstanding in 2024 was 51.88M.

What was Zebra Technologies diluted shares outstanding in 2025?

Zebra Technologies (ZBRA) diluted shares outstanding in 2025 was 51.21M.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.