Motorola Solutions, Inc. (MSI)
NYSE: MSI · Real-Time Price · USD
481.83
+4.02 (0.84%)
At close: Oct 23, 2026, 4:00 PM EDT
480.35
-1.48 (-0.31%)
After-hours: Oct 23, 2026, 7:39 PM EDT

Motorola Solutions Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
12,23711,68210,8179,9789,1128,171
Revenue Growth
10.31%8.00%8.41%9.50%11.52%10.21%
Gross Profit
6,3776,0515,5244,9774,3944,048
Operating Income
3,2093,0982,8322,4662,0341,850
Net Income
2,1342,1541,5771,7091,3631,245
Earnings Per Share
12.7012.759.239.937.937.17
EPS Growth
2.21%38.14%-7.05%25.22%10.60%31.56%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Products & Systems Integration
7,5227,2536,8836,2425,7285,033
Software & Services
4,7144,4293,9343,7363,3843,138
Revenue (Total)
12,23611,68210,8179,9789,1128,171

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
7101,1652,1021,7051,3251,874
Total Debt
9,6199,7666,5516,5506,5516,130
Net Cash (Debt)
-8,909-8,601-4,449-4,845-5,226-4,256
Net Cash Growth
------
Net Cash Per Share
-53.00-50.89-26.05-28.15-30.40-24.52

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,9742,8372,3912,0441,8231,837
Capital Expenditures
-297-265-257-253-256-243
Free Cash Flow
2,6772,5722,1341,7911,5671,594
Free Cash Flow Growth
12.29%20.52%19.15%14.29%-1.69%14.18%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
52.11%51.80%51.07%49.88%48.22%49.54%
Operating Margin
26.22%26.52%26.18%24.71%22.32%22.64%
Pretax Margin
22.61%24.07%18.23%21.51%16.63%18.99%
Profit Margin
17.44%18.44%14.58%17.13%14.96%15.24%
FCF Margin
21.88%22.02%19.73%17.95%17.20%19.51%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
4.8404.4804.0303.6203.2502.920
Dividend Per Share Growth
11.01%11.17%11.33%11.39%11.30%11.03%
Dividend Yield
1.00%1.16%0.87%1.16%1.26%1.07%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
37.9429.6448.9830.4131.6136.86
Forward PE
26.5724.3732.5725.7723.5528.97
P/FCF Ratio
29.7924.8236.2029.0127.5028.79
PS Ratio
6.525.477.145.214.735.62