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Motorola Solutions, Inc. (MSI)

Motorola Solutions supplies mission-critical safety and security technology to public safety, government and defence customers and to enterprises, serving more than 100,000 customers in over 100 countries. It is incorporated in Delaware as successor to the Illinois corporation Motorola, Inc., organised in 1928, and took its present name on 4 January 2011, with head offices in Chicago. The stated aim is to unite its technologies into one integrated safety and security system so that data and information pass between people and systems rather than sitting in silos. A school illustrates it: when a teacher presses a panic button, the technology can notify local law enforcement, trigger a lockdown, share live video with first responders and send mass notifications.

Motorola Solutions, Inc.

Motorola Solutions supplies mission-critical safety and security technology to public safety, government and defence customers and to enterprises, serving more than 100,000 customers in over 100 countries. It is incorporated in Delaware as successor to the Illinois corporation Motorola, Inc., organised in 1928, and took its present name on 4 January 2011, with head offices in Chicago. The stated aim is to unite its technologies into one integrated safety and security system so that data and information pass between people and systems rather than sitting in silos. A school illustrates it: when a teacher presses a panic button, the technology can notify local law enforcement, trigger a lockdown, share live video with first responders and send mass notifications.

How it is organised

There are two segments, Products and Systems Integration and Software and Services, and sales are reported across three technologies. Mission Critical Networks covers infrastructure, mobile ad-hoc network technology, two-way radio and broadband devices, software and AI capabilities, plus installation, integration and managed and support services. Video covers fixed, body-worn and in-vehicle cameras, access control, sensors, infrastructure, video management and monitoring, software and analytics. Command Center covers software that unifies voice and data from public safety agencies, enterprises and the community to speed up workflows and decisions. The Mission Critical Networks name replaced Land Mobile Radio Communications after the August 2025 acquisition of Silvus Technologies, combining the legacy radio portfolio with the new business, without reclassifying earlier figures.

Products and Systems Integration

The segment was 62% of consolidated net sales in 2025. Its radio technology spans Project 25, Terrestrial Trunked Radio and Digital Mobile Radio along with other professional and commercial radio, and long term evolution devices in low-band and mid-band frequencies for public safety, government and enterprise users. Mobile ad-hoc network technology with high and very high frequency communications supports defence, government and disaster relief customers needing point-to-point voice and data in remote or contested places without fixed infrastructure. Extending two-way radios with broadband data adds application services such as GPS location for lone workers, job dispatch for work orders and over-the-air programming. Revenue here comes from selling devices and from building communications systems, including installing and integrating the infrastructure inside a customer's operations.

Software and Services

The segment was 38% of consolidated net sales in 2025, and Mission Critical Networks was 58% of that. Support services cover repair and replacement, technical support, preventative maintenance, system monitoring, software updates and cybersecurity, and managed services run from partial to full operation of systems owned by the customer or by the company. Because customer systems often last many years or even decades, they generate demand for software upgrades and for monitoring, maintenance and security work. Upgrades take in site controllers, comparators, routers, switches, servers, dispatch consoles, logging equipment, network management terminals and security devices such as firewalls, done on site or remotely.

Customers and buying

Customers are government and defence agencies, state and local public safety agencies and enterprises such as schools, hospitals, businesses and stadiums, a base the company describes as fragmented and widespread. Selling runs through an in-house sales force focused on the largest accounts and through channel partners, meaning independent dealers, distributors and software vendors with their own sales organisations. The largest customer is the United States government, across multiple contracts with its branches and agencies, at approximately 8% of consolidated net sales in 2025, and those contracts can be cancelled at the customer's convenience. Payment terms generally run 30 to 45 days in North America and up to 90 days elsewhere, with some contracts invoiced against implementation milestones such as delivery, installation and system acceptance that take six months to two years.

Acquisitions, supply and people

Recent purchases include Silvus Technologies in mobile ad-hoc network technology in August 2025, RapidDeploy in cloud-native 911 software and Theatro in voice-powered workflow software earlier in 2025, Blue Eye in remote video monitoring in November 2025, and 3tc Software, Noggin and a vehicle location business in 2024. Inventory is carried to meet delivery and warranty requirements, including lifetime-buy stock where a supplier's product life is shorter than the company's, and certain materials and components, including memory, come from single-source vendors. At 31 December 2025 the company employed approximately 23,000 people, 51% in North America and 49% internationally, with approximately 40% in research and development and engineering.

From Motorola Solutions' annual report on Form 10-K for the year ended 31 December 2025. The filing

Compare with another name What $10,000 in Motorola Solutions became

Latest results

Latest quarterQ3 FY2026ended 3 October 2026 · 10-Q filed 4 November 2026
Revenue
$3.4 billion
+12.2% on the year · +7.8% on the quarter
Q4 FY2024Q3 FY2026
Net income
$512 million
-8.9% on the year · -8.1% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$3.06
-8.1% on the year · -8.1% on the quarter
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

Read the Q3 FY2026 results →the 10-Q on EDGAR ↗
Last full yearFY2025ended 31 December 2025 · 10-K filed 12 February 2026
Revenue
$11.7 billion
+8.0% on the year
FY2018FY2025
Net income
$2.2 billion
+36.6% on the year
FY2018FY2025
Diluted EPS
$12.75
+38.1% on the year
FY2018FY2025

this yearthe year beforeHover a bar for its figure.

The years before, in wordsMotorola Solutions (MSI) reported revenue of $11.7 billion for fiscal 2025, the year ended 31 December 2025, up 8.0% on the year before. Net income was $2.2 billion and diluted earnings per share $12.75. Revenue was $10.8 billion in fiscal 2024, $10.0 billion in fiscal 2023, $9.1 billion in fiscal 2022 and $8.2 billion in fiscal 2021. Net income in the same years was $1.6 billion, $1.7 billion, $1.4 billion and $1.2 billion. Over the twelve months to 3 October 2026, Motorola Solutions reported revenue of $12.6 billion and net income of $2.1 billion. Revenue grew 9.5% a year, compounded, over the five years to fiscal 2025. Motorola Solutions declared $4.84 a share in dividends over the last four quarters and had 166 million shares outstanding at the latest filed count. At 3 October 2026 it carried $10.1 billion of debt and $774 million of cash. At the close of 6 November 2026 the market cap of Motorola Solutions was $85.2 billion, 41.4 times its earnings over the last twelve months.
Read the FY2025 results →the 10-K on EDGAR ↗

Ratios

From the filings

ROE67.9%
ROCE23.2%
Operating margin24.2%
Net margin16.5%
FCF margin20.1%
Interest cover6.7x
Debt to equity3.29x
Cash conversion1.36x
Share count, last 12 months-0.7%
Sales CAGR, 3 years8.6%
Profit CAGR, 3 years16.5%
EPS, TTM$12.43

At the close of 6 November 2026

Price$514.55
Market cap$85.2 billion
Stock P/E41.4x
Price to book27.8x
EV / EBITDA26.0x
Dividend yield0.9%
Market cap / sales6.8x
52-week high$516.59
52-week low$363.83
Price, 1 year32.2%
Price CAGR, 3 years19.0%
Price CAGR, 5 years15.8%

29 ready-made ratios, from FCF yield to net debt to EBITDA, wait on the Formulas page, each with what it tells you. Browse and add them →

Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of Motorola Solutions, Inc.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
MSIgreeksoup.ai
Daily prices to 6 November 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

Quarterly results

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue2,3201,8922,1402,3732,7072,1712,4032,5562,8482,3892,6282,7903,0102,5282,7653,0093,3802,7143,1333,376
Cost of revenue1,1371,0351,1501,3421,3561,1251,2141,2761,3931,1971,2891,3571,4621,2281,3521,4551,6121,3521,4551,608
Gross profit1,1838579901,0311,3511,0461,1891,2801,4551,1921,3391,4331,5481,3001,4131,5541,7681,3621,6781,768
Gross margin51%45%46%43%50%48%49%50%51%50%51%51%51%51%51%52%52%50%54%52%
R&D190188191197203210215215218218220234245233231237269252260276
SG&A368338356378378368390380423397430439486436450485499439496504
Operating income548239358373691399518639738519644711814582692770944525809777
Operating margin24%13%17%16%26%18%22%25%26%22%25%25%27%23%25%26%28%19%26%23%
Interest expense55.058.059.062.061.063.063.060.063.061.087.073.074.069.071.0103117111109116
Pre-tax income518219300333663358487592709-90.0580695787547680725860441742678
Tax rate22%-22%24%16%11%22%23%21%16%n/a23%19%22%21%24%22%25%17%25%24%
Net income401267228279589278371464596-39.0443562611430513562649366557512
Net margin17%14%11%12%22%13%15%18%21%-2%17%20%20%17%19%19%19%13%18%15%
Diluted EPS$2.31$1.54$1.33$1.63$3.43$1.61$2.15$2.70$3.47-$0.23$2.60$3.29$3.56$2.53$3.04$3.33$3.86$2.18$3.33$3.06
Operating cash flow70315210.03881,273-8.093.07141,2453821807591,0705102737981,256451469662
Capital expenditure68.054.059.070.073.054.053.065.081.046.068.057.086.037.048.066.011462.055.073.0
Free cash flow63598.0-49.03181,200-62.040.06491,1643361127029844732257321,142389414589
Buybacks13149316294.087.014022430613439.071.031.010332521812149011833194.0
Dividends paid120134132132132148148147146163163164164182182182182201201200
Shares outstanding169m168m167m168m168m168m167m166m166m167m167m167m167m167m167m167m166m166m166m166m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss)

FY2007 †FY2008 †FY2009 †FY2010 †FY2011 †FY2012 †FY2013 †FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue36,6228,1406,9477,6175,7386,2696,2275,8815,6956,0386,3807,3437,8877,4148,1719,1129,97810,81711,68212,603
Cost of revenue26,6704,0513,4703,8052,8113,0753,1183,0502,9763,1693,3563,8633,9563,8064,1314,8835,0085,3055,6476,027
Gross profit9,9524,0893,4773,8122,9273,1943,1092,8312,7192,8693,0243,4803,9313,6084,0404,2294,9705,5126,0356,576
Gross margin27.2%50.2%50.1%50.0%51.0%50.9%49.9%48.1%47.7%47.5%47.4%47.4%49.8%48.7%49.4%46.4%49.8%51.0%51.7%52.2%
Research and development4,4291,1069931,0377787907616816205535686376876867347798589179701,057
Selling, general and administrative5,0921,8451,6621,8741,4221,4721,3301,1841,0211,0441,0251,2541,4031,2931,3531,4501,5611,7521,8701,938
Operating income-553-679567751598920947-1,0069941,0481,2821,2551,5811,3831,6671,6612,2942,6882,9883,055
Operating margin-1.5%-8.3%8.2%9.9%10.4%14.7%15.2%-17.1%17.5%17.4%20.1%17.1%20.0%18.7%20.4%18.2%23.0%24.8%25.6%24.2%
Interest expensen/a210207217132108132147186225215240237233215240249295360453
Pre-tax income-376-997633664481881880-1,1619178441,0761,1021,0011,1741,5521,5152,1461,9722,8122,721
Income tax-2852,481188403-95.0211-59.0-4652742821,227133130221302148432390652632
Effective tax raten/an/a29.7%60.7%-19.8%24.0%-6.7%n/a29.9%33.4%114.0%12.1%13.0%18.8%19.5%9.8%20.1%19.8%23.2%23.2%
Net income-49.0-4,244-51.06331,1588811,0991,299610560-1559668689491,2451,3631,7091,5772,1542,084
Net margin-0.1%-52.1%-0.7%8.3%20.2%14.1%17.6%22.1%10.7%9.3%-2.4%13.2%11.0%12.8%15.2%15.0%17.1%14.6%18.4%16.5%
Diluted EPS-$0.14-$13.09-$0.14$1.87$3.41$2.96$4.06$5.29$3.02$3.24-$0.95$5.62$4.95$5.45$7.17$7.93$9.93$9.23$12.75$12.43
Filing10-K8-K10-K10-K8-K8-K8-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment FY2009 to FY2025, 1 year left out

FY2009FY2010FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025Share
of the parts, latest year
Products and Systems Integrationn/an/an/an/an/an/a4,3944,5135,1005,3294,6345,0335,7286,2426,8837,30062.4%
Software and Servicesn/an/an/an/an/an/a1,6441,8672,2432,5582,7803,1383,3843,7363,9344,40037.6%
Enterprisen/a2,568n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Enterprise Mobility Solutions2,151n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Government4,7965,049n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Productsn/an/a4,2364,1093,8073,676n/an/an/an/an/an/an/an/an/an/an/a
Servicesn/an/a2,0332,1182,0742,019n/an/an/an/an/an/an/an/an/an/an/a
Products and Systems Integration FY2016 to FY2025Software and Services FY2016 to FY2025Products FY2012 to FY2015Services FY2012 to FY2015Government FY2009 to FY2010Enterprise FY2010Enterprise Mobility Solutions FY2009
7.6FY20106.2FY20135.7FY20156.4FY20177.9FY20198.2FY202110.0FY202311.7FY2025

$ billion; hover a block for its figure and share; a part named with years is one the company split its revenue into only then

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Profit by segment FY2009 to FY2025, 2 years left out

The operating profit each segment reports. Costs Motorola Solutions does not charge to a segment are left out, so the segments can add up to more than the company's own operating profit.

FY2009FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025Margin
FY2025
Products and Systems Integrationn/an/an/an/an/a7629698549946567609131,2441,6761,76124.1%
Software and Servicesn/an/an/an/an/a2863154015877279077481,0501,0121,22727.9%
Enterprise Mobility Solutions33n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Government534n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Productsn/a656639-667704n/an/an/an/an/an/an/an/an/an/an/a
Servicesn/a264308-339290n/an/an/an/an/an/an/an/an/an/an/a
Products and Systems Integration FY2016 to FY2025Government FY2009Products FY2012 to FY2015Software and Services FY2016 to FY2025Enterprise Mobility Solutions FY2009Services FY2012 to FY2015
567FY2009947FY2013994FY20151,284FY20171,581FY20191,667FY20212,294FY20232,988FY2025

$ million; the figure over a bar is all the segments together; a year a segment lost money, it hangs below the line. Hover a block for its profit, sales and margin.

FY2025Share of salesShare of profit
Products and Systems Integration62%59%
Software and Services38%41%

Each column adds to 100%. A segment with a bigger share of the profit than of the sales makes more on each dollar it sells.

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where every segment with sales that year has an operating profit figure. A margin is a segment's operating profit over its own sales.

Revenue by product or service FY2016 to FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025Share
of the parts, latest year
Mission Critical Networks (MCN)n/an/an/an/an/an/an/a7,5268,1008,64774.0%
Videon/an/an/a7099271,2261,5231,7261,9202,12018.1%
Command Centern/an/a3634574875376027267979157.8%
LMR Communicationsn/an/a6,5986,7216,0006,4086,987n/an/an/an/a
Product3,6493,772n/an/an/an/an/an/an/an/an/a
Service2,3892,608n/an/an/an/an/an/an/an/an/a
Video Security and Analyticsn/an/a382n/an/an/an/an/an/an/an/a
Mission Critical Networks (MCN) FY2023 to FY2025Video FY2019 to FY2025Command Center FY2018 to FY2025LMR Communications FY2018 to FY2022Video Security and Analytics FY2018Product FY2016 to FY2017Service FY2016 to FY2017
6.4FY20177.9FY20198.2FY202110.0FY202311.7FY2025

$ billion; hover a block for its figure and share; a part named with years is one the company split its revenue into only then

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region FY2009 to FY2025, 4 years left out

FY2009FY2010FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025Share
of the parts, latest year
United States3,9384,1573,4733,5663,7254,3615,0064,7705,2366,0086,5597,4327,92967.9%
Other1,9202,2612,1261,7221,8462,0411,9191,6501,7621,9492,2772,4252,71723.3%
United Kingdom513568965285586386927408497897695726035.2%
Canadan/an/an/a2222513032702543243663733884333.7%
China241307n/an/an/an/an/an/an/an/an/an/an/an/a
Israel240225n/an/an/an/an/an/an/an/an/an/an/an/a
Japan9599n/an/an/an/an/an/an/an/an/an/an/an/a
United StatesOtherUnited KingdomCanada FY2016 to FY2025China FY2009 to FY2010Israel FY2009 to FY2010Japan FY2009 to FY2010
6.9FY20095.7FY20156.4FY20177.9FY20198.2FY202110.0FY202311.7FY2025

$ billion; hover a block for its figure and share; a part named with years is one the company split its revenue into only then

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow

FY2007 †FY2008 †FY2009 †FY2010 †FY2011 †FY2012 †FY2013 †FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow785884627803366674555-6371,0211,1651,3461,0751,8231,6131,8371,8232,0442,3912,8372,838
Capital expenditure527257136192165170169181175271227197248217243256253257265304
Free cash flow258627491611201504386-8188468941,1198781,5751,3961,5941,5671,7912,1342,5722,534
Free cash flow margin0.7%7.7%7.1%8.0%3.5%8.0%6.2%-13.9%14.9%14.8%17.5%12.0%20.0%18.8%19.5%17.2%17.9%19.7%22.0%20.1%
Cash from investing2,3791,044-5315232,4759702,0343,208-528-1,002-448-1,266-934-437-742-1,387-414-507-5,164-1,960
Cash from financing-3,301-1,393-277-40.0-5,100-2,077-842-1,763-2,398-1,042-722220-1,144-966-429-906-1,295-1,4481,309-965
Depreciation and amortisation903403388353133151158173150295343360394409438440356336425584
Share-based compensation31513113714413414612094.078.068.066.073.0118129129172212243293387
Buybacks3,035-1380.00.01,1102,4381,6942,5463,1778424831323156125288368042441,1541,033
Dividends paid4684531140.072.0270292318277280307337379436482530589654728784
Dividend per share$1.40$1.40$0.35$0.00$0.22$0.96$1.14$1.30$1.43$1.70$1.93$2.13$2.35$2.63$2.92$3.25$3.62$4.03$4.48n/a
Diluted shares, weighted330m324m328m338m340m297m270m246m202m173m163m172m176m174m174m172m172m171m169m167m
Shares outstanding at period endn/a325m330m336m319m276m254m220m174m165m161m164m170m169m169m168m166m167m166m166m
Filing10-K8-K10-K10-K8-K8-K8-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet

FY2007 †FY2008 †FY2009 †FY2010 †FY2011 †FY2012 †FY2013 †FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equityn/a9,5079,77510,8855,2143,2653,6592,735-106-964-1,742-1,293-700-558-40.01167241,7032,4103,069
Non-controlling interestn/a88.010810260.025.030.031.010.012.015.017.017.017.017.015.015.016.017.017.0
Short-term borrowingsn/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a0.0n/an/a
Debtn/a4,0923,7892,7001,5351,8632,4613,4004,3494,3964,4715,3205,1295,1755,6936,0146,0185,9979,16210,111
Operating lease liabilitiesn/an/an/an/an/an/an/an/an/an/an/an/a497402313419407427471409
Finance lease liabilitiesn/an/an/an/an/an/an/an/an/an/an/an/a16.05.00.0n/an/an/an/an/a
Other liabilitiesn/a14,18211,93111,8907,1207,5265,7014,2574,0935,0195,4645,3655,6835,8356,2066,2506,1726,4527,3297,535
Total liabilities and equityn/a27,86925,60325,57713,92912,67911,85110,4238,3468,4638,2089,40910,64210,87612,18912,81413,33614,59519,38921,141
Owned
Fixed assetsn/a2,4421,0129228967306105494877898568959921,0221,0429279641,0221,165n/a
Goodwill2,9161,4401,4291,4293623613613834207289381,5142,0672,2192,5653,3123,4013,5266,8007,666
Intangible assetsn/an/a45324648.04.06.023.049.08218611,2301,3271,2341,1051,3421,2551,2493,1043,502
Investmentsn/a742400181168226234562669284247169159158209147143135187292
Cash and equivalents2,7523,0642,8694,2081,8811,4683,2253,9541,9809671,2051,2571,0011,2541,8741,3251,7052,1021,165774
Receivablesn/a3,4931,3531,5471,8661,3581,3691,4091,3621,4101,5231,2931,4121,3901,3861,5181,7101,9522,2002,441
Inventoryn/a2,6594095215123393473452962733273564475087881,0558277669831,511
Other assetsn/a14,02917,67816,5238,1968,1935,6993,1983,0833,1912,2512,6953,2373,0913,2203,1883,3313,8433,7854,955
Total assetsn/a27,86925,60325,57713,92912,67911,85110,4238,3468,4638,2089,40910,64210,87612,18912,81413,33614,59519,38921,141
Filing10-K8-K10-K10-K8-K8-K8-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded7.4%9.5%8.6%11.4%
Profit growth, compounded13.4%17.8%16.5%-1.5%
Return on equity, averagen/a398.3%139.3%89.4%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Motorola Solutions' revenue in fiscal 2025?

Motorola Solutions (MSI) reported revenue of $11.7 billion for fiscal 2025, the year ended 31 December 2025, up 8.0% on the year before.

How much did Motorola Solutions earn in fiscal 2025?

Net income was $2.2 billion for fiscal 2025, and diluted earnings per share $12.75.

What is Motorola Solutions' P/E ratio?

At the close of 6 November 2026, Motorola Solutions traded at 41.4 times its earnings over the twelve months to 3 October 2026.

What is Motorola Solutions' market cap?

The market cap of Motorola Solutions was $85.2 billion at the close of 6 November 2026.

Does Motorola Solutions pay a dividend?

Yes. Motorola Solutions declared $4.84 a share in dividends over the four quarters to 3 October 2026.

Peers: Electronic Equipment

CompanyMarket capP/EROEOp. marginSales growth
TTM		Debt to equityDiv. yield
Qualcomm Inc. QCOM$177.6 billion13.0544.8%20.1%-2.6%0.502.2%
Motorola Solutions, Inc. MSI$85.2 billion41.4067.9%24.2%11.4%3.290.9%
Nokia Corporation NOK *$42.7 billion57.113.1%4.4%3.5%0.162.0%
Ubiquiti Inc. UI$35.9 billion33.4763.7%36.9%29.4%0.000.6%
Telefonaktiebolaget LM Ericsson ERIC *$34.6 billion11.8526.0%16.3%-4.5%0.302.8%
Planet Labs PBC PL$4.6 billionn/a-63.8%-27.2%44.1%0.79n/a
Ondas Inc. ONDS$2.8 billionn/a10.6%-140.4%979.3%0.00n/a
Harmonic Inc. HLIT$1.0 billionn/an/an/an/a0.09n/a
BlackSky Technology Inc. BKSY$876 millionn/a-14.0%-22.8%29.9%0.96n/a
Unusual Machines, Inc. UMAC$594 millionn/a-9.0%-76.1%425.2%0.00n/a
BK Technologies Corp. BKTI$251 million19.5726.2%17.9%15.7%0.00n/a
Aviat Networks, Inc. AVNW$226 million93.110.9%4.4%1.2%0.36n/a
All 130 in Electronic Equipment
CompanyMarket capP/EROEOp. marginSales growth
TTM		Debt to equityDiv. yield
NVIDIA Corp. NVDA$4.50 trillion23.6084.2%65.2%83.4%0.150.1%
Taiwan Semiconductor Manufacturing Company Limited TSM *$1.95 trillion37.3631.7%50.8%31.6%0.190.8%
Broadcom Inc. AVGO$1.40 trillion37.4738.4%48.0%48.7%0.610.9%
Micron Technology Inc. MU$780.6 billion9.3061.4%74.6%256.3%0.040.1%
Advanced Micro Devices Inc. AMD$734.2 billion97.3211.1%17.7%41.9%0.10n/a
Intel Corp. INTC$299.0 billionn/a-10.5%2.9%12.1%0.44n/a
Applied Materials Inc. AMAT$264.0 billion28.6836.2%29.6%7.8%0.260.6%
Texas Instruments Inc. TXN$252.9 billion35.9037.1%40.8%20.3%0.712.1%
Arm Holdings plc ARM *$185.7 billion205.3410.9%18.3%22.8%0.00n/a
Amphenol Corp. APH$184.2 billion32.4334.6%27.7%57.6%1.040.7%
Qualcomm Inc. QCOM$177.6 billion13.0544.8%20.1%-2.6%0.502.2%
Analog Devices Inc. ADI$175.9 billion43.0712.3%35.5%33.6%0.271.2%
Marvell Technology, Inc. MRVL$123.7 billion46.5614.2%16.5%30.6%0.270.2%
Motorola Solutions, Inc. MSI$85.2 billion41.4067.9%24.2%11.4%3.290.9%
Northrop Grumman Corp. NOC$74.6 billion16.5924.2%10.6%6.5%0.811.8%
Vertiv Holdings Co. VRT$70.4 billion34.1738.1%20.1%35.3%0.530.1%
ASE Technology Holding Co., Ltd. ASX *$70.3 billion58.8911.7%8.0%8.4%0.741.1%
NXP Semiconductors N.V. NXPI$62.6 billion19.5126.7%33.0%14.6%0.911.6%
Monolithic Power Systems, Inc. MPWR$58.0 billion65.6023.9%29.5%40.5%0.000.6%
Garmin Ltd. GRMN$55.1 billion27.4221.1%28.8%13.6%0.001.4%
Lumentum Holdings Inc. LITE$48.7 billionn/a-143.9%23.5%103.2%0.31n/a
L3Harris Technologies, Inc. LHX$48.4 billion24.2610.1%10.7%7.3%0.541.9%
Nokia Corporation NOK *$42.7 billion57.113.1%4.4%3.5%0.162.0%
STMicroelectronics N.V. STM *$37.1 billion231.690.9%1.5%-11.1%0.120.9%
Ubiquiti Inc. UI$35.9 billion33.4763.7%36.9%29.4%0.000.6%
United Microelectronics Corporation UMC *$34.9 billion27.6111.0%18.5%2.3%0.17n/a
Telefonaktiebolaget LM Ericsson ERIC *$34.6 billion11.8526.0%16.3%-4.5%0.302.8%
Ciena Corp. CIEN$34.5 billion54.2521.4%12.3%32.6%1.06n/a
Astera Labs, Inc. ALAB$33.3 billion75.8523.1%25.5%115.2%0.00n/a
Microchip Technology Inc. MCHP$31.8 billion44.2012.6%20.9%33.0%0.833.1%
Teledyne Technologies Inc. TDY$28.6 billion28.279.2%20.0%8.6%0.18n/a
Celestica Inc. CLS$26.1 billion19.5520.0%8.3%61.6%0.13n/a
Flex Ltd. FLEX$25.8 billion25.1817.9%5.1%17.5%0.90n/a
Jabil Inc. JBL$25.0 billion24.4364.6%4.7%20.6%2.090.1%
ON Semiconductor Corp. ON$24.7 billion36.879.1%12.3%2.9%0.60n/a
Qnity Electronics, Inc. Q$24.4 billion43.967.4%n/an/a0.530.1%
Hubbell Inc. HUBB$22.7 billion25.1822.1%20.1%16.0%1.251.3%
Credo Technology Group Holding Ltd. CRDO$22.6 billion42.7719.7%31.7%165.1%0.00n/a
First Solar, Inc. FSLR$21.6 billion11.6417.1%37.7%-0.7%0.01n/a
Cerebras Systems Inc. CBRS$21.3 billionn/an/an/an/a0.10n/a
Macom Technology Solutions Holdings, Inc. MTSI$16.1 billion67.7915.6%18.1%28.4%0.22n/a
Nextpower Inc. NXT$15.8 billion26.4323.2%19.0%13.7%0.00n/a
Lattice Semiconductor Corp. LSCC$14.9 billion328.113.2%9.1%63.4%0.61n/a
Sitime Corp. SITM$12.6 billion443.470.8%0.9%142.6%0.38n/a
Skyworks Solutions, Inc. SWKS$12.4 billion42.585.1%7.6%0.1%0.093.5%
Fabrinet FN$11.7 billion24.6719.1%10.0%43.0%0.03n/a
Semtech Corp. SMTC$9.6 billion68.4420.6%8.0%17.8%0.66n/a
Leonardo Drs, Inc. DRS$9.1 billion25.0512.6%10.8%8.9%0.061.1%
Amkor Technology, Inc. AMKR$8.1 billion13.2312.9%9.5%15.7%0.521.0%
Rambus Inc. RMBS$8.0 billion30.6718.8%36.3%17.3%0.00n/a
Advanced Energy Industries Inc. AEIS$7.9 billion28.3118.2%16.0%31.7%0.800.2%
Silicon Laboratories Inc. SLAB$7.4 billionn/a-3.6%-5.1%21.7%0.00n/a
Sanmina Corp. SANM$7.2 billion24.0911.2%4.2%58.6%0.79n/a
TTM Technologies Inc. TTMI$7.0 billion26.5013.1%11.1%37.6%0.80n/a
Viavi Solutions Inc. VIAV$7.0 billion118.625.1%10.6%47.4%0.49n/a
Formfactor Inc. FORM$6.4 billion37.0414.7%18.3%29.1%0.01n/a
Esco Technologies Inc. ESE$6.0 billion18.9819.5%14.2%24.0%0.050.1%
Cirrus Logic, Inc. CRUS$5.7 billion14.3518.9%22.5%5.1%0.00n/a
Impinj Inc. PI$5.3 billionn/a-3.1%-0.7%7.7%0.62n/a
Allegro Microsystems, Inc. ALGM$5.2 billion187.673.1%7.5%27.9%0.28n/a
Plexus Corp. PLXS$5.1 billionn/an/an/an/a0.18n/a
Synaptics Inc. SYNA$4.6 billionn/a-53.2%-4.7%8.1%0.91n/a
Planet Labs PBC PL$4.6 billionn/a-63.8%-27.2%44.1%0.79n/a
Applied Optoelectronics, Inc. AAOI$4.5 billionn/a-1.5%-6.8%77.2%0.10n/a
Maxlinear, Inc. MXL$4.5 billionn/a-5.5%-0.9%56.0%0.31n/a
Mercury Systems Inc. MRCY$4.4 billionn/a-2.0%0.0%7.9%0.29n/a
Universal Display Corp. OLED$4.0 billion17.9013.8%34.6%-1.9%n/a2.2%
Enphase Energy, Inc. ENPH$3.8 billion42.497.3%4.2%-19.9%0.46n/a
Vishay Intertechnology Inc. VSH$3.7 billion37.563.2%5.2%17.6%0.251.7%
Diodes Inc. DIOD$3.5 billion31.145.9%7.3%24.2%0.21n/a
Kulicke & Soffa Industries Inc. KLIC$3.3 billion29.4912.7%13.2%44.4%0.001.3%
OSI Systems Inc. OSIS$3.1 billion21.0620.3%12.2%2.9%1.28n/a
Ondas Inc. ONDS$2.8 billionn/a10.6%-140.4%979.3%0.00n/a
IPG Photonics Corp. IPGP$2.8 billion69.601.9%1.9%14.8%0.00n/a
Ambarella Inc. AMBA$2.6 billionn/a-9.1%-14.9%20.0%0.00n/a
AXT Inc. AXTI$2.6 billion1,944.500.5%3.1%45.8%0.09n/a
Penguin Solutions, Inc. PENG$2.5 billion16.0734.7%9.6%26.5%1.51n/a
Intuitive Machines, Inc. LUNR$2.4 billionn/an/a-27.5%116.5%n/an/a
Power Integrations Inc. POWI$2.3 billion51.016.4%8.4%2.3%0.002.1%
Nlight, Inc. LASR$2.2 billionn/a-2.9%-6.0%39.6%0.00n/a
Benchmark Electronics Inc. BHE$2.2 billion38.945.0%3.5%12.9%0.141.1%
Ultra Clean Holdings, Inc. UCTT$1.9 billion72.113.7%4.3%15.8%0.87n/a
Vicor Corp. VICR$1.7 billion38.5519.9%24.9%27.0%0.00n/a
Solaredge Technologies, Inc. SEDG$1.7 billionn/a-54.0%-9.2%29.3%0.79n/a
Shoals Technologies Group, Inc. SHLS$1.7 billion43.835.9%11.2%49.2%0.26n/a
CTS Corp. CTS$1.7 billion22.8912.6%17.0%7.4%0.090.3%
Photronics Inc. PLAB$1.6 billion9.6412.9%22.5%1.2%0.00n/a
Navitas Semiconductor Corp. NVTS$1.6 billionn/a-42.9%-323.5%-28.6%0.00n/a
Nextnav Inc. NN$1.4 billionn/a-33.4%-1,900.4%-36.5%0.00n/a
Wolfspeed, Inc. WOLF$1.3 billionn/a-69.6%-80.3%-18.0%2.09n/a
Ichor Holdings, Ltd. ICHR$1.2 billion620.000.4%1.7%15.2%0.13n/a
Napco Security Technologies, Inc. NSSC$1.1 billion24.6022.1%22.7%8.7%0.002.0%
Harmonic Inc. HLIT$1.0 billionn/an/an/an/a0.09n/a
Ambiq Micro, Inc. AMBQ$930 millionn/a-9.1%-43.3%n/a0.00n/a
Array Technologies, Inc. ARRY$901 millionn/an/a-5.1%1.2%n/an/a
Arteris, Inc. AIP$884 millionn/a-63.3%-46.2%41.0%n/an/a
BlackSky Technology Inc. BKSY$876 millionn/a-14.0%-22.8%29.9%0.96n/a
Varex Imaging Corp. VREX$778 million35.484.5%8.3%5.3%0.70n/a
Alpha & Omega Semiconductor Ltd. AOSL$712 millionn/a-5.8%-7.1%-3.2%0.000.0%
T1 Energy Inc. TE$662 millionn/a-190.1%-22.4%427.0%2.730.0%
Unusual Machines, Inc. UMAC$594 millionn/a-9.0%-76.1%425.2%0.00n/a
Kopin Corp. KOPN$547 million75.7511.5%-22.9%-7.1%0.00n/a
Vishay Precision Group, Inc. VPG$541 millionn/a-1.0%1.1%11.6%0.05n/a
Lightpath Technologies Inc. LPTH$494 millionn/a-13.7%-27.4%92.8%0.00n/a
Kimball Electronics, Inc. KE$462 million22.933.5%4.4%-1.5%0.40n/a
indie Semiconductor, Inc. INDI$436 millionn/a-52.5%-59.3%13.9%1.50n/a
Clearfield, Inc. CLFD$389 millionn/a-2.9%-0.2%-1.4%0.00n/a
Methode Electronics Inc. MEI$384 millionn/a-5.5%0.4%1.4%0.471.9%
NVE Corp. NVEC$368 million20.5730.8%61.6%24.1%0.005.3%
Adtran Holdings, Inc. ADTN$329 millionn/a-20.9%0.0%10.1%2.32n/a
Everspin Technologies Inc. MRAM$284 millionn/a-3.6%-15.5%20.9%0.010.0%
Turtle Beach Corp. TBCH$273 millionn/a-0.6%3.2%-13.0%0.93n/a
Nano Dimension Ltd. NNDM$262 millionn/a-34.4%-117.3%n/a0.04n/a
M-tron Industries, Inc. MPTI$261 million22.078.0%18.5%11.8%0.00n/a
BK Technologies Corp. BKTI$251 million19.5726.2%17.9%15.7%0.00n/a
Aviat Networks, Inc. AVNW$226 million93.110.9%4.4%1.2%0.36n/a
Vuzix Corp. VUZI$160 millionn/a-145.3%-521.9%6.8%0.00n/a
Quicklogic Corp. QUIK$147 millionn/an/an/an/a0.24n/a
Espey MFG & Electronics Corp. ESP$141 million12.0218.5%25.1%4.9%0.002.1%
Aeluma, Inc. ALMU$135 millionn/a-16.1%-228.3%-4.4%0.00n/a
Atomera Inc. ATOM$117 millionn/a-69.6%-10,969.4%476.3%0.00n/a
GSI Technology Inc. GSIT$116 millionn/a-22.8%-100.8%2.9%0.00n/a
GCT Semiconductor Holding, Inc. GCTS$106 millionn/an/a-852.0%-32.8%n/an/a
Magnachip Semiconductor Corp. MX$91 millionn/a-12.3%-24.2%-12.8%0.19n/a
R F Industries Ltd. RFIL$72 million30.146.3%4.6%13.0%0.15n/a
Kulr Technology Group, Inc. KULR$68 millionn/a-140.9%-270.6%24.6%0.28n/a
Inseego Corp. INSG$64 millionn/an/a-10.4%-3.6%n/an/a
AmpliTech Group, Inc. AMPG$59 millionn/a-17.1%-34.7%24.2%0.00n/a
Tigo Energy, Inc. TYGO$57 million4.3527.3%-3.7%15.3%0.05n/a
LGL Group Inc. LGL$43 millionn/a-0.5%-21.8%9.3%0.00n/a
12 companies share its SEC industry code (Radio & Tv Broadcasting & Communications Equipment); the rest are the names nearest in size in its wider industry, Electronic Equipment, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

The public record on MSI

Dividends$4.84 a share over the four quarters to 3 October 2026, a 0.94% yield
Filings19 in twelve months: 9 current reports (8-K), about 4 results of operations; 2 other events; 2 officer or director change; 1 shareholder vote
Planned insider sales19 Form 144 notices in twelve months, $204.4 million; latest 6 November 2026
Options tapeput/call 0.24 by open interest at the 6 November 2026 close; the straddle prices a 4.0% move to 20 November 2026
13F holders1,476 funds reported a position for the quarter to 30 June 2026; largest BlackRock, Inc.
Insider trading80 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest3.3 million shares short, 4.15 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Filings

FilingPeriodFiledWhere
10-Q3 October 20264 November 2026EDGAR
10-Q4 July 20265 August 2026EDGAR
10-Q4 April 20267 May 2026EDGAR
10-K31 December 202512 February 2026EDGAR
10-Q27 September 202530 October 2025EDGAR
10-Q28 June 20257 August 2025EDGAR
10-Q29 March 20251 May 2025EDGAR
10-K31 December 202414 February 2025EDGAR
10-Q28 September 20247 November 2024EDGAR
10-Q29 June 20241 August 2024EDGAR

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