Motorola Solutions (MSI) is trading up at $463.46 (+0.99%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Information Technology sector.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $6.04B | $6.38B | $7.34B | $7.89B | $7.41B | $8.17B | $9.11B | $9.98B | $10.8B | $11.7B |
| Growth (year over year) | +6.0% | +5.7% | +15.1% | +7.4% | −6.0% | +10.2% | +11.5% | +9.5% | +8.4% | +8.0% |
| Gross profit | $2.87B | $3.02B | $3.48B | $3.93B | $3.61B | $4.04B | $4.23B | $4.97B | $5.51B | $6.04B |
| Gross margin | 47.5% | 47.4% | 47.4% | 49.8% | 48.7% | 49.4% | 46.4% | 49.8% | 51.0% | 51.7% |
| Operating income | $1.05B | $1.28B | $1.25B | $1.58B | $1.38B | $1.67B | $1.66B | $2.29B | $2.69B | $2.99B |
| Operating margin | 17.4% | 20.1% | 17.1% | 20.0% | 18.7% | 20.4% | 18.2% | 23.0% | 24.8% | 25.6% |
| Net income | $560.0M | −$155.0M | $966.0M | $868.0M | $949.0M | $1.25B | $1.36B | $1.71B | $1.58B | $2.15B |
| Net margin | 9.3% | −2.4% | 13.2% | 11.0% | 12.8% | 15.2% | 15.0% | 17.1% | 14.6% | 18.4% |
| EPS (diluted) | $3.24 | −$0.95 | $5.62 | $4.95 | $5.45 | $7.17 | $7.93 | $9.93 | $9.23 | $12.75 |
| Balance sheet | ||||||||||
| Cash and equivalents | $967.0M | $1.21B | $1.26B | $1.00B | $1.25B | $1.87B | $1.32B | $1.71B | $2.10B | $1.17B |
| Total assets | $8.46B | $8.21B | $9.41B | $10.6B | $10.9B | $12.2B | $12.8B | $13.3B | $14.6B | $19.4B |
| Total liabilities | $9.41B | $9.94B | $10.7B | $11.3B | $11.4B | $12.2B | $12.7B | $12.6B | $12.9B | $17.0B |
| Long-term debt | $4.39B | $4.42B | $5.29B | $5.11B | $5.16B | $5.69B | $6.01B | $4.71B | $5.67B | $8.41B |
| Shareholders' equity | −$964.0M | −$1.74B | −$1.29B | −$700.0M | −$558.0M | −$40.0M | $116.0M | $724.0M | $1.70B | $2.41B |
| Cash flow | ||||||||||
| Operating cash flow | $1.17B | $1.35B | $1.07B | $1.82B | $1.61B | $1.84B | $1.82B | $2.04B | $2.39B | $2.84B |
| Capital expenditure | $271.0M | $227.0M | $197.0M | $248.0M | $217.0M | $243.0M | $256.0M | $253.0M | $257.0M | $265.0M |
| Free cash flow | $894.0M | $1.12B | $878.0M | $1.57B | $1.40B | $1.59B | $1.57B | $1.79B | $2.13B | $2.57B |
| Dividends paid | $280.0M | $307.0M | $337.0M | $379.0M | $436.0M | $482.0M | $530.0M | $589.0M | $654.0M | $728.0M |
| Share buybacks | $842.0M | $483.0M | $132.0M | $315.0M | $612.0M | $528.0M | $836.0M | $804.0M | $244.0M | $1.15B |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Apr 2026 | Q2 FY26Jul 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $2.79B | $3.01B | $2.53B | $2.77B | $3.01B | $3.38B | $2.71B | $3.13B |
| Growth (year over year) | +9.2% | +5.7% | +5.8% | +5.2% | +7.8% | +12.3% | +7.4% | +13.3% |
| Gross profit | $1.43B | $1.55B | $1.30B | $1.41B | $1.55B | $1.77B | $1.36B | $1.68B |
| Gross margin | 51.4% | 51.4% | 51.4% | 51.1% | 51.6% | 52.3% | 50.2% | 53.6% |
| Operating income | $711.0M | $814.0M | $582.0M | $692.0M | $770.0M | $944.0M | $525.0M | $809.0M |
| Operating margin | 25.5% | 27.0% | 23.0% | 25.0% | 25.6% | 27.9% | 19.3% | 25.8% |
| Net income | $562.0M | $611.0M | $430.0M | $513.0M | $562.0M | $649.0M | $366.0M | $557.0M |
| Net margin | 20.1% | 20.3% | 17.0% | 18.6% | 18.7% | 19.2% | 13.5% | 17.8% |
| EPS (diluted) | $3.29 | $3.57 | $2.53 | $3.04 | $3.33 | $3.85 | $2.18 | $3.33 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.40B | $2.10B | $1.56B | $3.21B | $894.0M | $1.17B | $886.0M | $710.0M |
| Total assets | $13.9B | $14.6B | $14.4B | $16.4B | $18.8B | $19.4B | $19.1B | $19.2B |
| Total liabilities | $12.5B | $12.9B | $12.8B | $14.4B | $16.5B | $17.0B | $16.5B | $16.6B |
| Long-term debt | $5.67B | $5.67B | $5.68B | $7.66B | $8.41B | $8.41B | $8.41B | $8.42B |
| Shareholders' equity | $1.33B | $1.70B | $1.64B | $1.97B | $2.33B | $2.41B | $2.54B | $2.67B |
| Cash flow | ||||||||
| Operating cash flow | $759.0M | $1.07B | $510.0M | $273.0M | $798.0M | $1.26B | $451.0M | $469.0M |
| Capital expenditure | $57.0M | $86.0M | $37.0M | $48.0M | $66.0M | $114.0M | $62.0M | $55.0M |
| Free cash flow | $702.0M | $984.0M | $473.0M | $225.0M | $732.0M | $1.14B | $389.0M | $414.0M |
| Dividends paid | $164.0M | $164.0M | $182.0M | $182.0M | $182.0M | $182.0M | $201.0M | $201.0M |
| Share buybacks | $31.0M | $103.0M | $325.0M | $218.0M | $121.0M | $490.0M | $118.0M | $331.0M |
From Motorola Solutions's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Motorola Solutions's latest reported figures next to the median of the other 75 S&P 500 Information Technology companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.
| Measure | Motorola Solutions | Information Technology (75 other S&P 500 companies) | S&P 500 (502 other companies) |
|---|---|---|---|
| Revenue growth, latest fiscal year | +8.0% | +13.8% | +7.0% |
| Net margin, latest fiscal year | 18.4% | 16.5% | 12.9% |
| Dividend per share, latest fiscal year | $4.48 | $1.82 | $2.40 |
| Share price change, 1 year | +3.4% | +15.0% | +6.9% |
Motorola Solutions: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 21, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, Motorola Solutions included, are the last regular-session prices of October 20, 2026; the 1-year change compares that price with each company's last close on or before October 21, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 75/496, net margin 75/496, dividend per share 35/349, 1-year price change 67/488; the reasons below can overlap. 14 are left out of the price figure because our archive holds no comparable close for them; dividend medians are among the 35 sector and 349 S&P 500 companies reporting a per-share dividend. The S&P 500 price figure is the middle company's change, not the index's return.
Motorola Solutions, Inc., is an American technology company that provides safety and security products and services. Headquartered in Chicago, Illinois, the company provides critical communications, video security, and command center technologies, used by public safety agencies and enterprises. It was formed in 2011 by the division of Motorola, Inc., and is its legal successor; the former company's mobile phone division was spun off as Motorola Mobility, now part of Chinese technology company Lenovo.
Source: Wikipedia — Motorola Solutions
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