Motorola Solutions, Inc. (MSI) Financial Statements
Industry: Radio & Tv Broadcasting & Communications Equipment
In fiscal 2025, Motorola Solutions reported revenue of $11.68B, up 8.0% from $10.82B the year before. Net income was $2.15B (a 18.4% net margin), or $12.75 per diluted share. Gross margin was 51.7% and operating margin was 25.6%. Operating activities generated $2.84B of cash, leaving $2.57B of free cash flow. At fiscal year end, Motorola Solutions held $19.39B in total assets against $16.98B in total liabilities, including $1.17B of cash and equivalents.
Open the full interactive Motorola Solutions financials → Quarterly statements, key ratios, valuation history and price charts.
Motorola Solutions Key Stats
| Share Price | $449.01 |
|---|---|
| Market Cap | $75.07B |
| P/E Ratio | 35.2 |
| Revenue YoY Growth | +8.0% |
| 52-Week Range | $360.52 – $489.97 |
| Shares Outstanding | 165.8 million (basic, 2026 Q2) |
Motorola Solutions Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $7.41B | $8.17B | $9.11B | $9.98B | $10.82B | $11.68B |
| Cost of Goods Sold | $3.81B | $4.13B | $4.88B | $5.01B | $5.30B | $5.65B |
| Gross Profit | $3.61B | $4.04B | $4.23B | $4.97B | $5.51B | $6.04B |
| Operating Income | $1.38B | $1.67B | $1.66B | $2.29B | $2.69B | $2.99B |
| Pre-Tax Income | $1.17B | $1.55B | $1.51B | $2.15B | $1.97B | $2.81B |
| Income Tax | $221.0M | $302.0M | $148.0M | $432.0M | $390.0M | $652.0M |
| Net Income | $949.0M | $1.25B | $1.36B | $1.71B | $1.58B | $2.15B |
| Diluted EPS | $5.45 | $7.17 | $7.93 | $9.93 | $9.23 | $12.75 |
Motorola Solutions Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $3.01B | $3.38B | $2.71B | $3.13B |
| Net Income | $562.0M | $649.0M | $366.0M | $557.0M |
| Diluted EPS | $3.33 | $3.84 | $2.18 | $3.33 |
Motorola Solutions Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.25B | $1.87B | $1.32B | $1.71B | $2.10B | $1.17B |
| Current Assets | $4.33B | $5.41B | $5.25B | $5.72B | $6.48B | $6.30B |
| Total Assets | $10.88B | $12.19B | $12.81B | $13.34B | $14.60B | $19.39B |
| Current Liabilities | $3.49B | $4.06B | $4.56B | $5.74B | $5.05B | $6.08B |
| Total Long-Term Debt | $5.17B | $5.69B | $6.01B | $6.02B | $6.00B | $8.41B |
| Total Liabilities | $11.43B | $12.23B | $12.70B | $12.61B | $12.89B | $16.98B |
| Shareholders' Equity | -$558.0M | -$40.0M | $116.0M | $724.0M | $1.70B | $2.41B |
Motorola Solutions Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.61B | $1.84B | $1.82B | $2.04B | $2.39B | $2.84B |
| Cash From Investing | -$437.0M | -$742.0M | -$1.39B | -$414.0M | -$507.0M | -$5.16B |
| Cash From Financing | -$966.0M | -$429.0M | -$906.0M | -$1.29B | -$1.45B | $1.31B |
| Free Cash Flow | $1.40B | $1.59B | $1.57B | $1.79B | $2.13B | $2.57B |
Figures from Motorola Solutions' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Motorola Solutions financials page for every line item.
Motorola Solutions Company Profile
| Ticker | MSI |
|---|---|
| Exchange | NYSE |
| Industry | Radio & Tv Broadcasting & Communications Equipment |
| Headquarters | Chicago, Illinois |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000068505 |
Frequently Asked Questions
What was Motorola Solutions' revenue in fiscal 2025?
Motorola Solutions (MSI) reported revenue of $11.68B for fiscal 2025.
What is Motorola Solutions' annual revenue history?
Motorola Solutions' annual revenue by fiscal year: 2020: $7.41B; 2021: $8.17B; 2022: $9.11B; 2023: $9.98B; 2024: $10.82B; 2025: $11.68B.
What was Motorola Solutions' net income in fiscal 2025?
Motorola Solutions reported net income of $2.15B for fiscal 2025.
What was Motorola Solutions' earnings per share (EPS) in fiscal 2025?
Motorola Solutions' diluted EPS was $12.75 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Motorola Solutions generate in fiscal 2025?
Motorola Solutions generated $2.57B of free cash flow in fiscal 2025.
What was Motorola Solutions' revenue last quarter?
In its most recent reported quarter (2026 Q2), Motorola Solutions reported revenue of $3.13B.
How much debt does Motorola Solutions have?
Motorola Solutions reported $8.41B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Motorola Solutions are outstanding?
Motorola Solutions reported a weighted average of 165.8 million basic shares outstanding in 2026 Q2.
What is Motorola Solutions' market cap?
Based on its latest closing price, Motorola Solutions (MSI) has a market capitalization of about $75.07B.
When does Motorola Solutions' fiscal year end?
Motorola Solutions' fiscal year end, as registered with the SEC, is December 31.
Where is Motorola Solutions headquartered?
Motorola Solutions lists its business address in Chicago, Illinois in its SEC filings.
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