Motorola Solutions, Inc. (MSI)
NYSE: MSI · Real-Time Price · USD
414.07
+7.27 (1.79%)
Jun 9, 2026, 4:00 PM EDT - Market closed
Motorola Solutions Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 4, 2026 | 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 |
| 11,868 | 11,682 | 10,817 | 9,978 | 9,112 | 8,171 | |
Revenue Growth (YoY) | 8.31% | 8.00% | 8.41% | 9.50% | 11.52% | 10.21% |
Cost of Revenue | 5,771 | 5,647 | 5,305 | 5,008 | 4,883 | 4,131 |
Gross Profit | 6,097 | 6,035 | 5,512 | 4,970 | 4,229 | 4,040 |
Selling, General & Admin | 1,873 | 1,870 | 1,752 | 1,561 | 1,450 | 1,353 |
Depreciation & Amortization Expenses | 92 | - | - | - | - | - |
Research & Development | 990 | 970 | 917 | 858 | 779 | 734 |
Other Operating Expenses | 303 | 207 | 155 | 257 | 339 | 286 |
Total Operating Expenses | 3,258 | 3,047 | 2,824 | 2,676 | 2,568 | 2,373 |
Operating Income | 2,931 | 2,988 | 2,688 | 2,294 | 1,661 | 1,667 |
Interest Expense | -355 | -302 | -227 | -216 | -226 | -208 |
Other Non-Operating Income (Expense) | 130 | 126 | -489 | 68 | 80 | 93 |
Total Non-Operating Income (Expense) | -225 | -176 | -716 | -148 | -146 | -115 |
Pretax Income | 2,706 | 2,812 | 1,972 | 2,146 | 1,515 | 1,552 |
Provision for Income Taxes | 609 | 652 | 390 | 432 | 148 | 302 |
Net Income | 2,097 | 2,160 | 1,582 | 1,714 | 1,367 | 1,250 |
Minority Interest in Earnings | 7 | 6 | 5 | 5 | 4 | 5 |
Net Income to Common | 2,090 | 2,154 | 1,577 | 1,709 | 1,363 | 1,245 |
Net Income Growth | 2.15% | 36.59% | -7.72% | 25.39% | 9.48% | 31.19% |
Shares Outstanding (Basic) | 166 | 167 | 167 | 167 | 168 | 169 |
Shares Outstanding (Diluted) | 168 | 169 | 171 | 172 | 172 | 174 |
Shares Change (YoY) | -1.25% | -1.05% | -0.76% | 0.12% | -0.98% | -0.29% |
EPS (Basic) | 12.56 | 12.93 | 9.45 | 10.23 | 8.14 | 7.36 |
EPS (Diluted) | 12.41 | 12.75 | 9.23 | 9.93 | 7.93 | 7.17 |
EPS Growth | 3.59% | 38.14% | -7.05% | 25.22% | 10.60% | 31.56% |
Free Cash Flow | 2,488 | 2,572 | 2,134 | 1,791 | 1,567 | 1,594 |
Free Cash Flow Growth | -3.27% | 20.52% | 19.15% | 14.29% | -1.69% | 14.18% |
Free Cash Flow Per Share | 14.77 | 15.22 | 12.49 | 10.41 | 9.12 | 9.18 |
Dividends Per Share | 4.600 | 4.480 | 4.030 | 3.620 | 3.250 | 2.920 |
Dividend Growth | 2.68% | 11.17% | 11.33% | 11.39% | 11.30% | 11.03% |
Gross Margin | 51.37% | 51.66% | 50.96% | 49.81% | 46.41% | 49.44% |
Operating Margin | 24.70% | 25.58% | 24.85% | 22.99% | 18.23% | 20.40% |
Profit Margin | 17.67% | 18.49% | 14.63% | 17.18% | 15.00% | 15.30% |
FCF Margin | 20.96% | 22.02% | 19.73% | 17.95% | 17.20% | 19.51% |
EBITDA | 3,418 | 3,413 | 3,024 | 2,650 | 2,101 | 2,105 |
EBITDA Margin | 28.80% | 29.22% | 27.96% | 26.56% | 23.06% | 25.76% |
EBIT | 2,931 | 2,988 | 2,688 | 2,294 | 1,661 | 1,667 |
EBIT Margin | 24.70% | 25.58% | 24.85% | 22.99% | 18.23% | 20.40% |
Effective Tax Rate | 22.51% | 23.19% | 19.78% | 20.13% | 9.77% | 19.46% |