Motorola Solutions (MSI) financials
Motorola Solutions revenue and earnings by year
Motorola Solutions's revenue was $11.7 billion in the fiscal year to December 31, 2025, up 8.0% from the year before. Net income was $2.15 billion, 18.4% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 7.6% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.7 | 10.8 | 10.0 | 9.1 | 8.2 | 7.4 | 7.9 | 7.3 | 6.4 | 6.0 |
| Revenue growth | 8.0% | 8.4% | 9.5% | 11.5% | 10.2% | -6.0% | 7.4% | 15.1% | 5.7% | — |
| Gross profit | 6.0 | 5.5 | 5.0 | 4.2 | 4.0 | 3.6 | 3.9 | 3.5 | 3.0 | 2.9 |
| Gross margin | 51.7% | 51.0% | 49.8% | 46.4% | 49.4% | 48.7% | 49.8% | 47.4% | 47.4% | 47.5% |
| Operating income | 3.0 | 2.7 | 2.3 | 1.7 | 1.7 | 1.4 | 1.6 | 1.3 | 1.3 | 1.0 |
| Operating margin | 25.6% | 24.8% | 23.0% | 18.2% | 20.4% | 18.7% | 20.0% | 17.1% | 20.1% | 17.4% |
| Net income | 2.2 | 1.6 | 1.7 | 1.4 | 1.2 | 0.9 | 0.9 | 1.0 | -0.2 | 0.6 |
| Net margin | 18.4% | 14.6% | 17.1% | 15.0% | 15.2% | 12.8% | 11.0% | 13.2% | -2.4% | 9.3% |
| Diluted EPS | $12.75 | $9.23 | $9.93 | $7.93 | $7.17 | $5.45 | $4.94 | $5.61 | -$1.08 | $3.27 |
| Free cash flow | 2.6 | 2.1 | 1.8 | 1.6 | 1.6 | 1.5 | 1.6 | 0.9 | 1.1 | 1.0 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open MSI in Markets.
How Motorola Solutions makes money
Revenue by segment in the quarter to July 4, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Product & Systems Integration | $1.91B | 60.9% |
| Services & Software | $1.23B | 39.1% |
See also: MSI valuation and P/E history · MSI returns
No forecast, no recommendation. This page describes Motorola Solutions from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.