Zebra (ZBRA) Q2 FY26 earnings call

Zebra Technologies delivered record Q2 FY26 results, surpassing expectations due to strong execution and improved memory supply, which led to a significant raise in its full-year outlook. Demand remains robust across all segments and regions, driven by customer investments in digitization, automation, and AI-powered solutions, despite ongoing memory supply constraints that temper the full-year guidance. The company is actively managing supply chain challenges and maintaining a disciplined capital allocation strategy.