Motorola Solutions, Inc. (MSI)
NYSE: MSI · Real-Time Price · USD
457.08
-9.43 (-2.02%)
At close: Aug 17, 2026, 4:00 PM EDT
457.00
-0.08 (-0.02%)
After-hours: Aug 17, 2026, 7:46 PM EDT
Motorola Solutions Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 4, 2026 | Apr '26 Apr 4, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 27, 2025 | Jun '25 Jun 28, 2025 | Mar '25 Mar 29, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 28, 2024 | Jun '24 Jun 29, 2024 | Mar '24 Mar 30, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jul '23 Jul 1, 2023 | Apr '23 Apr 1, 2023 | Dec '22 Dec 31, 2022 | Oct '22 Oct 1, 2022 | Jul '22 Jul 2, 2022 | Apr '22 Apr 2, 2022 | Dec '21 Dec 31, 2021 | Oct '21 Oct 2, 2021 |
| 3,133 | 2,714 | 3,380 | 3,009 | 2,765 | 2,528 | 3,011 | 2,790 | 2,628 | 2,389 | 2,849 | 2,556 | 2,403 | 2,171 | 2,707 | 2,373 | 2,140 | 1,892 | 2,320 | 2,107 | |
Revenue Growth (YoY) | 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% | 12.79% |
Cost of Revenue | 1,450 | 1,347 | 1,608 | 1,453 | 1,346 | 1,223 | 1,455 | 1,355 | 1,289 | 1,194 | 1,393 | 1,274 | 1,216 | 1,119 | 1,355 | 1,183 | 1,148 | 1,032 | 1,136 | 1,060 |
Gross Profit | 1,683 | 1,367 | 1,772 | 1,556 | 1,419 | 1,305 | 1,556 | 1,435 | 1,339 | 1,195 | 1,456 | 1,282 | 1,187 | 1,052 | 1,352 | 1,190 | 992 | 860 | 1,184 | 1,047 |
Selling, General & Admin | 471 | 412 | 467 | 454 | 420 | 406 | 450 | 407 | 399 | 365 | 397 | 356 | 366 | 343 | 349 | 350 | 326 | 306 | 336 | 320 |
Research & Development | 260 | 252 | 270 | 237 | 231 | 233 | 246 | 234 | 220 | 218 | 218 | 215 | 215 | 210 | 202 | 197 | 191 | 188 | 189 | 183 |
Amortization of Goodwill & Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | 55 | - | - | 65 | 66 | 64 | 56 |
Other Operating Expenses | 95 | 165 | 95 | 66 | 39 | 37 | 41 | 38 | 36 | 38 | 37 | 40 | 59 | - | 60 | 62 | - | -1 | -1 | - |
Operating Expenses | 826 | 829 | 832 | 757 | 690 | 676 | 737 | 679 | 655 | 621 | 652 | 611 | 640 | 608 | 611 | 609 | 582 | 559 | 588 | 559 |
Operating Income | 857 | 538 | 940 | 799 | 729 | 629 | 819 | 756 | 684 | 574 | 804 | 671 | 547 | 444 | 741 | 581 | 410 | 301 | 596 | 488 |
Interest Expense | -109 | -111 | -117 | -103 | -71 | -69 | -74 | -73 | -87 | -61 | -63 | -60 | -63 | -63 | -61 | -62 | -59 | -58 | -55 | -58 |
Interest & Investment Income | 6 | 7 | 7 | 17 | 16 | 18 | 18 | 15 | 18 | 17 | 11 | 7 | 6 | 9 | 6 | 2 | 3 | 2 | 1 | 2 |
Earnings From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | -1 | - | -2 | - | - | 1 |
Currency Exchange Gain (Loss) | -6 | -2 | 3 | -2 | -8 | -7 | -2 | -4 | -2 | -9 | -8 | -3 | -12 | -12 | -8 | -9 | -7 | - | -8 | -5 |
Other Non Operating Income (Expenses) | 4 | - | -5 | 6 | 3 | -2 | -4 | 5 | -13 | 2 | 3 | - | - | 2 | -1 | 5 | -5 | - | 1 | 1 |
EBT Excluding Unusual Items | 752 | 432 | 828 | 717 | 669 | 569 | 757 | 699 | 600 | 523 | 747 | 615 | 479 | 380 | 676 | 517 | 340 | 245 | 535 | 429 |
Merger & Restructuring Charges | -20 | -23 | -18 | -69 | -16 | -23 | -26 | -11 | -8 | -14 | -35 | -7 | -3 | -15 | -12 | -163 | -11 | -20 | -12 | -6 |
Gain (Loss) on Sale of Investments | 13 | -5 | -4 | 6 | 18 | -5 | -1 | 9 | -11 | -5 | 1 | -15 | 13 | -2 | 5 | -4 | -12 | 4 | -2 | -18 |
Asset Writedown | -4 | -2 | -1 | -1 | - | - | -3 | -1 | -1 | -3 | -2 | - | -2 | -5 | -8 | -5 | -11 | -12 | -3 | - |
Legal Settlements | 17 | 39 | 55 | 72 | 9 | 6 | 61 | -1 | - | -6 | -3 | -1 | - | - | 2 | -12 | - | 2 | - | - |
Other Unusual Items | -16 | - | - | - | - | - | - | - | - | -585 | - | - | - | - | - | - | -6 | - | - | - |
Pretax Income | 742 | 441 | 860 | 725 | 680 | 547 | 788 | 695 | 580 | -90 | 708 | 592 | 487 | 358 | 663 | 333 | 300 | 219 | 518 | 405 |
Income Tax Expense | 184 | 73 | 210 | 161 | 165 | 115 | 176 | 132 | 135 | -52 | 111 | 127 | 114 | 79 | 73 | 53 | 71 | -49 | 116 | 97 |
Earnings From Continuing Operations | 558 | 368 | 650 | 564 | 515 | 432 | 612 | 563 | 445 | -38 | 597 | 465 | 373 | 279 | 590 | 280 | 229 | 268 | 402 | 308 |
Net Income to Company | 558 | 368 | 650 | 564 | 515 | 432 | 612 | 563 | 445 | -38 | 597 | 465 | 373 | 279 | 590 | 280 | 229 | 268 | 402 | 308 |
Minority Interest in Earnings | -1 | -2 | -1 | -2 | -2 | -2 | -1 | -1 | -2 | -1 | -1 | -1 | -2 | -1 | -1 | -1 | -1 | -1 | -1 | -1 |
Net Income | 557 | 366 | 649 | 562 | 513 | 430 | 611 | 562 | 443 | -39 | 596 | 464 | 371 | 278 | 589 | 279 | 228 | 267 | 401 | 307 |
Net Income to Common | 557 | 366 | 649 | 562 | 513 | 430 | 611 | 562 | 443 | -39 | 596 | 464 | 371 | 278 | 589 | 279 | 228 | 267 | 401 | 307 |
Net Income Growth (YoY) | 8.58% | -14.88% | 6.22% | 0% | 15.80% | - | 2.52% | 21.12% | 19.41% | - | 1.19% | 66.31% | 62.72% | 4.12% | 46.88% | -9.12% | -22.18% | 9.43% | -2.67% | 49.76% |
Shares Outstanding (Basic) | 166 | 166 | 166 | 167 | 167 | 167 | 167 | 167 | 167 | 166 | 166 | 167 | 168 | 167 | 167 | 167 | 167 | 168 | 169 | 169 |
Shares Outstanding (Diluted) | 167 | 168 | 168 | 169 | 169 | 170 | 171 | 171 | 170 | 166 | 172 | 172 | 173 | 173 | 172 | 172 | 171 | 173 | 174 | 174 |
Shares Change (YoY) | -0.95% | -1.06% | -1.93% | -1.11% | -0.88% | 2.10% | -0.06% | -0.47% | -1.33% | -3.65% | -0.23% | 0.12% | 1.00% | -0.29% | -1.32% | -1.49% | -1.27% | -0.06% | 0.40% | 0.35% |
EPS (Basic) | 3.36 | 2.21 | 3.90 | 3.37 | 3.08 | 2.58 | 3.66 | 3.36 | 2.65 | -0.23 | 3.59 | 2.78 | 2.21 | 1.66 | 3.52 | 1.67 | 1.36 | 1.59 | 2.38 | 1.81 |
EPS (Diluted) | 3.33 | 2.18 | 3.87 | 3.33 | 3.04 | 2.53 | 3.56 | 3.29 | 2.60 | -0.23 | 3.48 | 2.70 | 2.15 | 1.61 | 3.43 | 1.63 | 1.33 | 1.54 | 2.30 | 1.76 |
EPS Growth (YoY) | 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% | 49.15% |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 4, 2026 | Apr '26 Apr 4, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 27, 2025 | Jun '25 Jun 28, 2025 | Mar '25 Mar 29, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 28, 2024 | Jun '24 Jun 29, 2024 | Mar '24 Mar 30, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jul '23 Jul 1, 2023 | Apr '23 Apr 1, 2023 | Dec '22 Dec 31, 2022 | Oct '22 Oct 1, 2022 | Jul '22 Jul 2, 2022 | Apr '22 Apr 2, 2022 | Dec '21 Dec 31, 2021 | Oct '21 Oct 2, 2021 |
Free Cash Flow | 414 | 389 | 1,142 | 732 | 225 | 473 | 984 | 702 | 112 | 336 | 1,164 | 649 | 40 | -62 | 1,200 | 318 | -49 | 98 | 635 | 315 |
Free Cash Flow Per Share | 2.48 | 2.31 | 6.79 | 4.33 | 1.33 | 2.79 | 5.74 | 4.11 | 0.66 | 2.02 | 6.79 | 3.78 | 0.23 | -0.36 | 6.98 | 1.85 | -0.29 | 0.57 | 3.65 | 1.81 |
Dividend Per Share | 1.210 | 1.210 | 1.210 | 1.090 | 1.090 | 1.090 | 1.090 | 0.980 | 0.980 | 0.980 | 0.980 | 0.880 | 0.880 | 0.880 | 0.880 | 0.790 | 0.790 | 0.790 | 0.790 | 0.710 |
Dividend Growth (YoY) | 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% | 10.94% |
Gross Margin | 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% | 49.69% |
Operating Margin | 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% | 23.16% |
Profit Margin | 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% | 14.57% |
Free Cash Flow Margin | 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% | 14.95% |
EBITDA | 1,005 | 681 | 1,083 | 914 | 815 | 710 | 905 | 840 | 767 | 657 | 889 | 757 | 634 | 542 | 850 | 689 | 522 | 412 | 709 | 593 |
EBITDA Margin | 32.08% | 25.09% | 32.04% | 30.38% | 29.48% | 28.08% | 30.06% | 30.11% | 29.19% | 27.50% | 31.20% | 29.62% | 26.38% | 24.96% | 31.40% | 29.04% | 24.39% | 21.78% | 30.56% | 28.14% |
D&A For EBITDA | 148 | 143 | 143 | 115 | 86 | 81 | 86 | 84 | 83 | 83 | 85 | 86 | 87 | 98 | 109 | 108 | 112 | 111 | 113 | 105 |
EBIT | 857 | 538 | 940 | 799 | 729 | 629 | 819 | 756 | 684 | 574 | 804 | 671 | 547 | 444 | 741 | 581 | 410 | 301 | 596 | 488 |
EBIT Margin | 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% | 23.16% |
Effective Tax Rate | 24.80% | 16.55% | 24.42% | 22.21% | 24.27% | 21.02% | 22.34% | 18.99% | 23.28% | - | 15.68% | 21.45% | 23.41% | 22.07% | 11.01% | 15.92% | 23.67% | - | 22.39% | 23.95% |
Revenue as Reported | 3,133 | 2,714 | 3,380 | 3,009 | 2,765 | 2,528 | 3,011 | 2,790 | 2,628 | 2,389 | 2,849 | 2,556 | 2,403 | 2,171 | 2,707 | 2,373 | 2,140 | 1,892 | 2,320 | 2,107 |