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Twin Disc vs Zebra Technologies: revenue, profit, margins and growth compared

Twin Disc brought in $381.3M of revenue in fiscal 2026, Zebra Technologies $5.4B in fiscal 2025. Revenue changed by +11.9% at Twin Disc and +8.3% at Zebra Technologies on the year before, so Twin Disc grew faster. Twin Disc kept 7.1% of its revenue as net profit, Zebra Technologies 7.8%. Free cash flow was $9.2M at Twin Disc and $831M at Zebra Technologies.

Side by side, latest fiscal year

TWINZBRA
Fiscal year endedFY2026 (June 30, 2026)FY2025 (December 31, 2025)
Revenue$381.3M$5.4B
Revenue growth+11.9%+8.3%
Net income$27.1M$419M
Net margin7.1%7.8%
Free cash flow$9.2M$831M
Free cash flow margin2.4%15.4%
Earnings per share (diluted)$1.86$8.18
Cash$16M$125M
Debt$29.8M$2.5B
Price to earnings14.145.2
Market value$376.9M$17.5B
Dividend yield0.61%n/a
Rank by revenue in sector#341 of 451 · Industrials#116 of 451 · Industrials

Over the years

Revenue
TWIN FY2019: $302.7MTWIN FY2020: $246.8MTWIN FY2021: $218.6MTWIN FY2022: $242.9MTWIN FY2023: $277MTWIN FY2024: $295.1MTWIN FY2025: $340.7MTWIN FY2026: $381.3MZBRA FY2018: $4.2BZBRA FY2019: $4.5BZBRA FY2020: $4.4BZBRA FY2021: $5.6BZBRA FY2022: $5.8BZBRA FY2023: $4.6BZBRA FY2024: $5BZBRA FY2025: $5.4BFY18FY19FY20FY21FY22FY23FY24FY25FY26
TWIN $381.3MZBRA $5.4B
Net income
TWIN FY2019: $10.7MTWIN FY2020: -$39.8MTWIN FY2021: -$29.7MTWIN FY2022: $10.5MTWIN FY2023: $10.4MTWIN FY2024: $11MTWIN FY2025: -$697KTWIN FY2026: $27.1MZBRA FY2018: $421MZBRA FY2019: $544MZBRA FY2020: $504MZBRA FY2021: $837MZBRA FY2022: $463MZBRA FY2023: $296MZBRA FY2024: $528MZBRA FY2025: $419MFY18FY19FY20FY21FY22FY23FY24FY25FY26
TWIN $27.1MZBRA $419M
Net margin
TWIN FY2019: 3.5%TWIN FY2020: -16.1%TWIN FY2021: -13.6%TWIN FY2022: 4.3%TWIN FY2023: 3.7%TWIN FY2024: 3.7%TWIN FY2025: -0.2%TWIN FY2026: 7.1%ZBRA FY2018: 10.0%ZBRA FY2019: 12.1%ZBRA FY2020: 11.3%ZBRA FY2021: 14.9%ZBRA FY2022: 8.0%ZBRA FY2023: 6.5%ZBRA FY2024: 10.6%ZBRA FY2025: 7.8%FY18FY19FY20FY21FY22FY23FY24FY25FY26
TWIN 7.1%ZBRA 7.8%
Revenue growth
TWIN FY2020: -18.4%TWIN FY2021: -11.4%TWIN FY2022: +11.1%TWIN FY2023: +14.0%TWIN FY2024: +6.6%TWIN FY2025: +15.5%TWIN FY2026: +11.9%ZBRA FY2019: +6.3%ZBRA FY2020: -0.8%ZBRA FY2021: +26.5%ZBRA FY2022: +2.7%ZBRA FY2023: -20.7%ZBRA FY2024: +8.7%ZBRA FY2025: +8.3%FY19FY20FY21FY22FY23FY24FY25FY26
TWIN +11.9%ZBRA +8.3%
Free cash flow
TWIN FY2019: -$17.4MTWIN FY2020: -$1.6MTWIN FY2021: $2.1MTWIN FY2022: -$13MTWIN FY2023: $15MTWIN FY2024: $25MTWIN FY2025: $8.8MTWIN FY2026: $9.2MZBRA FY2018: $721MZBRA FY2019: $624MZBRA FY2020: $895MZBRA FY2021: $1BZBRA FY2022: $413MZBRA FY2023: -$91MZBRA FY2024: $954MZBRA FY2025: $831MFY18FY19FY20FY21FY22FY23FY24FY25FY26
TWIN $9.2MZBRA $831M

Fiscal years as each company reports them; the two may end in different months.

Questions about Twin Disc and Zebra Technologies

Which is bigger by revenue, Twin Disc or Zebra Technologies?

Zebra Technologies is bigger by revenue: $5.4B in fiscal 2025, against $381.3M for Twin Disc in fiscal 2026.

Which keeps more of its revenue as profit, Twin Disc or Zebra Technologies?

Twin Disc had a net margin of 7.1% in fiscal 2026; Zebra Technologies had 7.8% in fiscal 2025.

Which grew revenue faster, Twin Disc or Zebra Technologies?

In their latest fiscal years revenue changed by +11.9% at Twin Disc and +8.3% at Zebra Technologies.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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