Motorola Solutions, Inc. (MSI)

NYSE: MSI · Real-Time Price · USD

467.28

-1.81 (-0.39%)

At close: Mar 18, 2026, 4:00 PM EDT

467.35

+0.07 (0.01%)

After-hours: Mar 18, 2026, 7:48 PM EDT

Motorola Solutions Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11,682	10,817	9,978	9,112	8,171
Revenue Growth (YoY)	8.00%	8.41%	9.50%	11.52%	10.21%
Cost of Revenue	5,647	5,305	5,008	4,883	4,131
Gross Profit	6,035	5,512	4,970	4,229	4,040
Selling, General & Admin	1,870	1,752	1,561	1,450	1,353
Research & Development	970	917	858	779	734
Other Operating Expenses	207	155	257	339	286
Total Operating Expenses	3,047	2,824	2,676	2,568	2,373
Operating Income	2,988	2,688	2,294	1,661	1,667
Interest Expense	-302	-227	-216	-226	-208
Other Non-Operating Income (Expense)	126	-489	68	80	93
Total Non-Operating Income (Expense)	-176	-716	-148	-146	-115
Pretax Income	2,812	1,972	2,146	1,515	1,552
Provision for Income Taxes	652	390	432	148	302
Net Income	2,154	1,577	1,709	1,363	1,245
Minority Interest in Earnings	6	5	5	4	5
Net Income to Common	2,154	1,577	1,709	1,363	1,245
Net Income Growth	36.59%	-7.72%	25.39%	9.48%	31.19%
Shares Outstanding (Basic)	167	167	167	168	169
Shares Outstanding (Diluted)	169	171	172	172	174
Shares Change (YoY)	-1.05%	-0.76%	0.12%	-0.98%	-0.29%
EPS (Basic)	12.93	9.45	10.23	8.14	7.36
EPS (Diluted)	12.75	9.23	9.93	7.93	7.17
EPS Growth	38.14%	-7.05%	25.22%	10.60%	31.56%
Free Cash Flow	2,572	2,134	1,791	1,567	1,594
Free Cash Flow Growth	20.52%	19.15%	14.29%	-1.69%	14.18%
Free Cash Flow Per Share	15.22	12.49	10.41	9.12	9.18
Dividends Per Share	4.480	4.030	3.620	3.250	2.920
Dividend Growth	11.17%	11.33%	11.39%	11.30%	11.03%
Gross Margin	51.66%	50.96%	49.81%	46.41%	49.44%
Operating Margin	25.58%	24.85%	22.99%	18.23%	20.40%
Profit Margin	18.49%	14.63%	17.18%	15.00%	15.30%
FCF Margin	22.02%	19.73%	17.95%	17.20%	19.51%
EBITDA	3,413	3,024	2,650	2,101	2,105
EBITDA Margin	29.22%	27.96%	26.56%	23.06%	25.76%
EBIT	2,988	2,688	2,294	1,661	1,667
EBIT Margin	25.58%	24.85%	22.99%	18.23%	20.40%
Effective Tax Rate	23.19%	19.78%	20.13%	9.77%	19.46%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q