Motorola Solutions, Inc. (MSI)
NYSE: MSI · Real-Time Price · USD
544.14
+47.15 (9.49%)
Nov 5, 2026, 11:02 AM EST - Market open

Motorola Solutions Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingOct '26 Jul '26 Apr '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21
Revenue
3,3763,1332,7143,3803,0092,7652,5283,0112,7902,6282,3892,8492,5562,4032,1712,7072,3732,1401,8922,320
Revenue Growth
12.20%13.31%7.36%12.26%7.85%5.21%5.82%5.69%9.16%9.36%10.04%5.25%7.71%12.29%14.75%16.68%12.63%8.57%6.71%2.07%
Gross Profit
1,7681,6831,3671,7721,5561,4191,3051,5561,4351,3391,1951,4561,2821,1871,0521,3521,1909928601,184
Operating Income
777857538940799729629819756684574804671547444741581410301596
Net Income
512557366649562513430611562443-39596464371278589279228267401
Earnings Per Share
3.063.332.183.873.333.042.533.563.292.60-0.233.482.702.151.613.431.631.331.542.30
EPS Growth
-8.11%9.54%-13.83%8.58%1.22%16.92%-2.46%21.85%20.93%-1.41%65.64%61.65%4.54%49.28%-7.39%-21.30%9.22%-3.24%

Revenue by Segment

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingOct '26 Jul '26 Apr '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21
Products & Systems Integration
2,1181,9081,5592,1581,8971,6531,5461,9491,7841,6581,4901,8901,6121,4371,3031,8101,5291,2851,1031,495
Software & Services
1,2581,2251,1551,2221,1121,1129821,0611,006970899958944966868896844855789825
Revenue (Total)
3,3763,1332,7143,3803,0092,7652,5283,0102,7902,6282,3892,8482,5562,4032,1712,7072,3732,1401,8922,320

Cash & Debt

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingOct '26 Jul '26 Apr '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21
Cash & Investments
7747108861,1658943,2061,5642,1021,4041,3811,5121,7059107101,0221,3258227178781,874
Total Debt
10,5209,6199,5899,7669,9368,3326,5256,5516,5716,8536,8766,5506,5036,5206,5216,5516,3926,4156,1156,130
Net Cash (Debt)
-9,746-8,909-8,703-8,601-9,042-5,126-4,961-4,449-5,167-5,472-5,364-4,845-5,593-5,810-5,499-5,226-5,570-5,698-5,237-4,256
Net Cash Growth
--------------------
Net Cash Per Share
-58.22-53.28-51.80-51.17-53.50-30.37-29.22-25.96-30.23-32.13-32.25-28.25-32.57-33.66-31.86-30.40-32.48-33.34-30.25-24.43

Cash Flow & CapEx

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingOct '26 Jul '26 Apr '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21
Operating Cash Flow
6624694511,2567982735101,0707591803821,24571493-81,27338810152703
Capital Expenditures
-73-55-62-114-66-48-37-86-57-68-46-81-65-53-54-73-70-59-54-68
Free Cash Flow
5894143891,1427322254739847021123361,16464940-621,200318-4998635
Free Cash Flow Growth
-19.54%84.00%-17.76%16.06%4.27%100.89%40.77%-15.46%8.17%180.00%--3.00%104.09%--88.98%0.95%--69.18%-0.47%

Margins

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingOct '26 Jul '26 Apr '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21
Gross Margin
52.37%53.72%50.37%52.43%51.71%51.32%51.62%51.68%51.43%50.95%50.02%51.11%50.16%49.40%48.46%49.95%50.15%46.36%45.45%51.03%
Operating Margin
23.02%27.35%19.82%27.81%26.55%26.36%24.88%27.20%27.10%26.03%24.03%28.22%26.25%22.76%20.45%27.37%24.48%19.16%15.91%25.69%
Pretax Margin
20.08%23.68%16.25%25.44%24.09%24.59%21.64%26.17%24.91%22.07%-3.77%24.85%23.16%20.27%16.49%24.49%14.03%14.02%11.58%22.33%
Profit Margin
15.17%17.78%13.49%19.20%18.68%18.55%17.01%20.29%20.14%16.86%-1.63%20.92%18.15%15.44%12.80%21.76%11.76%10.65%14.11%17.28%
FCF Margin
17.45%13.21%14.33%33.79%24.33%8.14%18.71%32.68%25.16%4.26%14.06%40.86%25.39%1.67%-2.86%44.33%13.40%-2.29%5.18%27.37%

Dividends

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingOct '26 Jul '26 Apr '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21
Dividend Per Share
-1.2101.2101.2101.0901.0901.0901.0900.9800.9800.9800.9800.8800.8800.8800.8800.7900.7900.7900.790
Dividend Per Share Growth
-11.01%11.01%11.01%11.22%11.22%11.22%11.22%11.36%11.36%11.36%11.36%11.39%11.39%11.39%11.39%11.27%11.27%11.27%11.27%
Dividend Yield
-1.11%1.05%1.16%0.96%1.01%0.96%0.87%0.88%0.99%1.05%1.16%1.29%1.17%1.17%1.26%1.42%1.46%1.26%1.07%

Valuation

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingOct '26 Jul '26 Apr '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21
PE Ratio
35.5332.8834.9129.6435.9433.0335.3348.9847.6843.98-30.4126.7232.4234.8731.6131.8129.2231.4536.86
Forward PE
24.4324.5226.1424.3729.9028.4029.4132.5732.8129.5027.8625.7723.0725.6325.4923.5520.7420.5424.1228.97
P/FCF Ratio
29.2226.2129.3224.8231.5129.3131.8336.2032.1828.4827.0229.0124.8932.88-27.5037.30-29.0228.79
PS Ratio
5.885.736.155.476.726.306.607.146.996.185.805.214.625.105.104.734.284.164.815.62