Motorola Solutions, Inc. (MSI)

NYSE: MSI · Real-Time Price · USD

435.75

+4.93 (1.14%)

At close: Jul 31, 2026, 4:00 PM EDT

436.00

+0.25 (0.06%)

After-hours: Jul 31, 2026, 7:44 PM EDT

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
Revenue	11,868	11,682	10,817	9,978	9,112	8,171
Revenue Growth	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
Research & Development	990	970	917	858	779	734
Other Operating Expenses	146	207	155	257	339	286
Total Operating Expenses	3,009	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	-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%

Additional Metrics

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
Free Cash Flow	2,488	2,572	2,134	1,791	1,567	1,594
Free Cash Flow Growth	9.55%	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	11.11%	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%

SEC Filings: 10-K · 10-Q