v3.26.3
Segment Information & Geographic Data (Tables)
9 Months Ended
Oct. 03, 2026
Segment Reporting [Abstract]  
Schedule of Financial Information by Segments
Financial information by segment is presented as follows (in millions):
Three Months EndedNine Months Ended
October 3,
2026
September 27,
2025
October 3,
2026
September 27,
2025
Net sales:
CF$949 $705 $2,677 $2,106 
AVA665 615 1,989 1,815 
Total Net sales$1,614 $1,320 $4,666 $3,921 
Cost of sales:
CF$539 $381 $1,400 $1,110 
AVA333 303 941 907 
Corporate (3)
4 2 20 9 
Total Cost of sales$876 $686 $2,361 $2,026 
Operating expenses:
CF (1)
$239 $192 $718 $582 
AVA (1)
174 176 539 530 
Corporate (3)
88 83 275 222 
Total Operating expenses$501 $451 $1,532 $1,334 
Operating income:
CF (2)
$171 $132 $559 $414 
AVA (2)
158 136 509 378 
Total segment operating income$329 $268 $1,068 $792 
Corporate (3)
(92)(85)(295)(231)
Total Operating income$237 $183 $773 $561 

(1)CF and AVA segment operating expenses include Selling and marketing, Research and development, and General and administrative expenses, excluding the amounts classified within Corporate.

(2)CF and AVA segment operating income includes depreciation expense proportionate to each segment’s Net sales.

(3)To the extent applicable, amounts included in Corporate consist of Share-based compensation, Amortization of intangible assets, Acquisition and integration costs, Exit and restructuring costs, as well as certain other non-recurring costs (impairment of goodwill and other intangible assets, and business acquisition purchase accounting adjustments).
Schedule of Net Sales by Region
Net sales by region were as follows (in millions)(1):
Three Months EndedNine Months Ended
October 3,
2026
September 27,
2025
October 3,
2026
September 27,
2025
North America$822 $666 $2,324 $1,943 
EMEA496 394 1,501 1,260 
Asia-Pacific190 163 538 447 
Latin America106 97 303 271 
Total Net sales$1,614 $1,320 $4,666 $3,921 
(1)Certain prior period net sales have been recast to appropriately reflect customer location, with no impact to Zebra’s consolidated net sales.