Risk Sleuth
ZBRA · 10-K filed 12 Feb 2026 · year to 31 Dec 2025

Zebra Technologies

28 named things its latest annual report says its results depend on, each in the company's own words. 17 of them are also named by other companies we've read.

Customers

Customer A (distributor)

earns from · 29%
We have three customers, who are distributors of the Company’s offerings, that individually accounted for more than 10% of our Net sales during the past three years.Business (Item 1)

Also named by JBL, LITE, MRVL, ONTO

Customer B (distributor)

earns from · 15%
We have three customers, who are distributors of the Company’s offerings, that individually accounted for more than 10% of our Net sales during the past three years.Business (Item 1)

Also named by JBL, LITE, ONTO

Customer C (distributor)

earns from · 15%
We have three customers, who are distributors of the Company’s offerings, that individually accounted for more than 10% of our Net sales during the past three years.Business (Item 1)

Also named by ONTO

Suppliers

Sole-source component suppliers

depends onnamed as a risk
We source some of our components from sole-source suppliers.Risk factors (Item 1A)

Also named by CW, CYRX, ONDS, ONTO, POWL, TER, WDC

Electronics manufacturing services companies and joint design manufacturers (EMS/JDM)

depends onnamed as a risk
We may be dependent on such electronics manufacturers as a sole-source of supply for the manufacture of such products.Risk factors (Item 1A)

Other companies

Elo Holdings, Inc.

approximately $1.3 billionnamed as a risk
This acquisition substantially increased the Company’s goodwill and other intangible assets, which could become impaired and result in material non-cash charges if we fail to achieve the expected operating results and cash flows.Risk factors (Item 1A)

Competitors

Honeywell

competes with
Competitors include: Datalogic, Honeywell, Panasonic and Urovo.Business (Item 1)

Also named by WWD

Datalogic

competes with
Competitors that provide a broad portfolio of barcode scanning products and related services that are suitable for most global market applications include Datalogic, Honeywell and Newland.Business (Item 1)

Cognex

competes with
Competitors in our fixed industrial scanning and machine vision business include Cognex, Keyence, and SICK.Business (Item 1)

Avery Dennison

competes with
Competitors include: Avery Dennison, Entrust, Honeywell, Sato, Toshiba TEC, and TSC.Business (Item 1)

Impinj

competes with
We compete with numerous companies operating in this market including Chainway, Impinj, Invengo, JADAK, Rodinbell, TSC and Ubisense.Business (Item 1)

Diebold Nixdorf

competes with
We compete with many companies in one or more of these related categories including Acrelec, Diebold Nixdorf, HP, Toshiba TEC, VeriFone.Business (Item 1)

Places

China

depends onnamed as a risk
The Company has substantial operations and sells a significant portion of our offerings outside of the U.S. and purchases important components, including final offerings, from suppliers located outside the U.S., many of whom with operations concentrated in China.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

Russia

operates innamed as a risk
For instance, on March 5, 2022, we suspended our business operations in Russia.Risk factors (Item 1A)

Also named by ALSN, ATR, AVY, AXP, BKR, BSX, C, CDNA and 50 more

Asia-Pacific (China, Malaysia, Vietnam, Taiwan) and Mexico

operates in
Our products are produced in facilities primarily located in the Asia-Pacific region (China, Malaysia, Vietnam, and Taiwan) and Mexico.Business (Item 1)

Hazards

China-Taiwan tensions

named as a risk
The war between Russia and Ukraine, conflicts in the Middle East region, the risk of increased tensions between China and Taiwan, and other instances of geopolitical turmoil could limit our ability to sell our offerings, and could have an adverse impact on our business and results of operations.Risk factors (Item 1A)

Also named by CLS, FTNT, IOT, MRVL, ORCL, PANW, SYK

Commodities and inputs

Euro

exposed to its price · approximately $2 millionnamed as a risk
The currencies that we are primarily exposed to fluctuations in foreign currency exchange rates are the Euro, British Pound Sterling, and Czech Koruna.Market risk (Item 7A)

Also named by ABBV, ABNB, ABT, ADBE, ADI, AME, AMG, AMGN and 186 more

Secured Overnight Financing Rate (SOFR)

exposed to its price · approximately $2.0 billion of our $2.5 billion of total debt outstandingnamed as a risk
Our exposure is primarily tied to the Secured Overnight Financing Rate (“SOFR”).Market risk (Item 7A)

Also named by ABR, ADBE, AGM, AMG, ARCC, BCSF, BRO, CAT and 21 more

British Pound Sterling

exposed to its pricenamed as a risk
The currencies that we are primarily exposed to fluctuations in foreign currency exchange rates are the Euro, British Pound Sterling, and Czech Koruna.Market risk (Item 7A)

Also named by AMG, BGC, BKNG, CBRE, CTRE, FCFS, FDS, FIS and 31 more

Chinese Yuan

exposed to its pricenamed as a risk
•A government-controlled exchange rate and limitations on the convertibility of currencies, including the Chinese Yuan;Risk factors (Item 1A)

Also named by ABT, ASO, BEN, CHRW, CROX, CYRX, DORM, ESI and 13 more

Czech Koruna

exposed to its pricenamed as a risk
The currencies that we are primarily exposed to fluctuations in foreign currency exchange rates are the Euro, British Pound Sterling, and Czech Koruna.Market risk (Item 7A)

Also named by P, VSH

Radio frequency spectrum

depends onnamed as a risk
Certain of our offerings are dependent on the use of licensed and unlicensed radio frequency spectrum for wireless voice, data, and video communications.Risk factors (Item 1A)

Regulators

Federal Communications Commission (FCC)

subject tonamed as a risk
Consequently, our results of operations could be positively or negatively affected by the rules and regulations adopted from time-to-time by the FCC, NTIA, or regulatory agencies in other countries.Business (Item 1)

Also named by AIOT, AMT, ANET, ASTS, CCI, CMCSA, DIS, ECHO and 26 more

National Telecommunications and Information Administration (NTIA)

subject tonamed as a risk
Consequently, our results of operations could be positively or negatively affected by the rules and regulations adopted from time-to-time by the FCC, NTIA, or regulatory agencies in other countries.Business (Item 1)

Also named by IONQ, SPIR

Laws and programs

U.S. tariffs on imports (including China)

subject tonamed as a risk
The Company currently imports a significant percentage of our offerings into the U.S., and international trade disputes and increased tariffs between the U.S. and other countries in which the Company does business, including China, could negatively impact the Company’s financial performance.Risk factors (Item 1A)

Also named by AAP, ABT, ALLY, ATR, AZO, BBW, BWA, CMG and 19 more

European Artificial Intelligence Act

subject tonamed as a risk
For example, in 2024 the European Artificial Intelligence Act (EU) 2024/1689 went into force and established requirements and obligations for developers and deployers of AI systems.Risk factors (Item 1A)

OECD/G20 BEPS Project

subject tonamed as a risk
Many countries have recently adopted, or are considering the adoption of, revisions to their respective tax laws based on the on-going reports issued by the Organization for Economic Co-operation and Development (“OECD”)/G20 Base Erosion and Profit Shifting (“BEPS”) Project, which could materially impact our tax liability due to our organizational structure and significant operations outside of the U.S.Risk factors (Item 1A)

Technology

Android

depends onnamed as a risk
For example, certain of our devices are dependent on third parties’ continued development and support of operating systems and software application ecosystem infrastructures, and on such third parties’ approval of our implementations of their operating systems and associated applications.Risk factors (Item 1A)

Also named by AAPL, TOST