MSI
Motorola Solutions, Inc.
$420.54
-3.67 (-0.87%)
At close · Jul 8
Market Cap
$69.81B
Shares
165,995,582
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$11.68B
+8%
FY2025
Net Income
$2.15B
+36.6%
FY2025
Gross Margin
51.66%
+0.7pp
FY2025
Operating Margin
25.58%
+0.7pp
FY2025
Diluted EPS
$12.75
+38.1%
FY2025
Operating Cash Flow
$2.84B
+18.7%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $12.7B | $11.87B | $11.68B | $10.82B | $9.98B | $9.11B | $8.17B | $7.41B | $7.89B | $7.34B | $6.38B | $6.04B | $5.7B | $5.88B | $6.23B | $6.27B | $5.74B | $7.62B | $6.95B | $8.14B | $36.62B | |
| — | $5.77B | $5.65B | $5.31B | $5.01B | $4.88B | $4.13B | $3.81B | $3.96B | $3.86B | $3.36B | $3.17B | $2.98B | $3.05B | $3.12B | $3.08B | $2.81B | $3.81B | $3.47B | $4.05B | $26.67B | |
| — | $6.1B | $6.04B | $5.51B | $4.97B | $4.23B | $4.04B | $3.61B | $3.93B | $3.48B | $3.02B | $2.87B | $2.72B | $2.83B | $3.11B | $3.19B | $2.93B | $3.81B | $3.48B | $4.09B | $9.95B | |
| — | — | 51.66% | 50.96% | 49.81% | 46.41% | 49.44% | 48.66% | 49.84% | 47.39% | 47.4% | 47.52% | 47.74% | 48.14% | 49.93% | 50.95% | 51.01% | 50.05% | 50.05% | 50.23% | 27.17% | |
| — | $989M | $970M | $917M | $858M | $779M | $734M | $686M | $687M | $637M | $568M | $553M | $620M | $681M | $761M | $790M | $778M | $1.04B | $993M | $1.11B | $4.43B | |
| — | $1.87B | $1.87B | $1.75B | $1.56B | $1.45B | $1.35B | $1.29B | $1.4B | $1.25B | $1.03B | $1.04B | $1.02B | $1.18B | $1.33B | $1.47B | $1.42B | $1.87B | $1.66B | $1.85B | $5.09B | |
| — | $287M | $234M | $152M | $177M | $257M | $236M | $215M | $208M | $188M | $151M | $113M | $8M | $4M | $1M | $1M | $5M | $203M | $218M | $227M | — | |
| — | — | $425M | $336M | $356M | $440M | $438M | $409M | $394M | $360M | $343M | $295M | $150M | $173M | $158M | $151M | $133M | $353M | $388M | $403M | $903M | |
| — | — | $0 | $0 | $24M | $0 | $0 | — | — | $138M | $51M | $125M | $84M | $100M | $149M | $54M | $60M | $89M | — | — | — | |
| — | $2.93B | $2.99B | $2.69B | $2.29B | $1.66B | $1.67B | $1.38B | $1.58B | $1.26B | $1.28B | $1.05B | $994M | -$1.01B | $947M | $920M | $598M | $751M | $567M | -$679M | -$553M | |
| — | — | 25.58% | 24.85% | 22.99% | 18.23% | 20.4% | 18.65% | 20.05% | 17.09% | 20.13% | 17.36% | 17.45% | -17.11% | 15.21% | 14.68% | 10.42% | 9.86% | 8.16% | -8.34% | -1.51% | |
| — | — | $3.41B | $3.02B | $2.65B | $2.1B | $2.11B | $1.79B | $1.98B | $1.62B | $1.63B | $1.34B | $1.14B | -$833M | $1.11B | $1.07B | $731M | $1.1B | $955M | -$276M | $350M | |
| — | $402M | $360M | $295M | $249M | $240M | $215M | $233M | $237M | $240M | $215M | $225M | $186M | $147M | $132M | $108M | $132M | $217M | $207M | $210M | — | |
| — | -$225M | -$176M | -$716M | -$148M | -$146M | -$115M | -$209M | -$580M | -$153M | -$208M | -$204M | -$77M | -$155M | -$67M | -$39M | -$117M | -$87M | $66M | -$318M | $177M | |
| — | $2.71B | $2.81B | $1.97B | $2.15B | $1.52B | $1.55B | $1.17B | $1B | $1.1B | $1.08B | $844M | $917M | -$1.16B | $880M | $881M | $481M | $664M | $633M | -$997M | -$376M | |
| — | $610M | $652M | $390M | $432M | $148M | $302M | $221M | $130M | $133M | $1.23B | $282M | $274M | -$465M | -$59M | $211M | -$95M | $403M | $188M | $2.48B | -$285M | |
| — | $2.09B | $2.15B | $1.58B | $1.71B | $1.36B | $1.25B | $949M | $868M | $966M | -$155M | $560M | $610M | $1.3B | $1.1B | $881M | $1.16B | $633M | -$51M | -$4.24B | -$49M | |
| — | — | 18.44% | 14.58% | 17.13% | 14.96% | 15.24% | 12.8% | 11.01% | 13.16% | -2.43% | 9.27% | 10.71% | 22.09% | 17.65% | 14.05% | 20.18% | 8.31% | -0.73% | -52.14% | -0.13% | |
| — | $6M | $6M | $5M | $5M | $4M | $5M | $4M | $3M | $3M | $4M | $2M | $3M | $1M | $6M | $0 | -$6M | $17M | $23M | $4M | $14M | |
| — | $2.17B | $2.27B | $1.58B | $1.7B | $1.21B | $1.31B | $943M | $1.19B | $763M | -$400M | $109M | $599M | $1.73B | $2.11B | $457M | $504M | $697M | — | — | — | |
| USD/shares | — | — | $12.93 | $9.45 | $10.23 | $8.14 | $7.36 | $5.58 | $5.21 | $5.95 | -$0.95 | $3.30 | $3.06 | $5.29 | $4.13 | $3.02 | $3.47 | $1.90 | -$0.16 | -$13.11 | -$0.02 |
| USD/shares | $16.70 – $16.85* | — | $12.75 | $9.23 | $9.93 | $7.93 | $7.17 | $5.45 | $4.95 | $5.62 | -$0.95 | $3.24 | $3.02 | $5.29 | $4.06 | $2.96 | $3.41 | $1.87 | -$0.15 | -$13.11 | -$0.02 |
| shares | — | — | 166.6M | 166.8M | 167M | 167.5M | 169.2M | 170M | 166.6M | 162.4M | 162.9M | 169.6M | 199.6M | 245.6M | 266M | 292.1M | 333.8M | 333.3M | 327.9M | 323.6M | 2.31B |
| shares | — | — | 169M | 170.8M | 172.1M | 171.9M | 173.6M | 174.1M | 175.6M | 172M | 162.9M | 173.1M | 201.8M | 245.6M | 270.5M | 297.4M | 339.7M | 338.1M | 329.9M | 323.6M | 2.31B |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $20.09B in buybacks, $6.59B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Communication Equipment median 7.31×
EV/EBIT
—
Communication Equipment median 50.49×
P/E (TTM)
33.91×
Communication Equipment median 33.92×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Product and Systems Integration Segment | $7,253,000,000 | $6,883,000,000 | $6,242,000,000 | $5,728,000,000 | $5,033,000,000 | $4,634,000,000 | $5,329,000,000 | $5,100,000,000 |
| Services and Software Segment | $4,429,000,000 | $3,934,000,000 | $3,736,000,000 | $3,384,000,000 | $3,138,000,000 | $2,780,000,000 | $2,558,000,000 | $2,243,000,000 |
By Geography (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| United States | $7,929,000,000 | $7,432,000,000 | $6,559,000,000 | $6,008,000,000 | $5,236,000,000 | $4,770,000,000 | $5,006,000,000 | $4,361,000,000 |
| Other Nations | $2,717,000,000 | $2,425,000,000 | $2,277,000,000 | $1,949,000,000 | $1,762,000,000 | $1,650,000,000 | $1,919,000,000 | $2,041,000,000 |
| United Kingdom | $603,000,000 | $572,000,000 | $769,000,000 | $789,000,000 | $849,000,000 | $740,000,000 | $692,000,000 | $638,000,000 |
| Canada | $433,000,000 | $388,000,000 | $373,000,000 | $366,000,000 | $324,000,000 | $254,000,000 | $270,000,000 | $303,000,000 |
By Product & Service (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Mission Critical Networks | $8,647,000,000 | $8,100,000,000 | $7,526,000,000 | — | — | — | — | — |
| Video Security and Access Control | $2,120,000,000 | $1,920,000,000 | $1,726,000,000 | $1,523,000,000 | $1,226,000,000 | $927,000,000 | $709,000,000 | — |
| Command Center Software | $915,000,000 | $797,000,000 | $726,000,000 | $602,000,000 | $537,000,000 | $487,000,000 | $457,000,000 | $363,000,000 |
| LMR | — | $8,100,000,000 | $7,526,000,000 | $6,987,000,000 | $6,408,000,000 | $6,000,000,000 | $6,721,000,000 | $6,598,000,000 |
| Video Security And Analytics | — | — | — | — | — | $927,000,000 | $709,000,000 | $382,000,000 |
| Product | — | $6,454,000,000 | $5,814,000,000 | — | — | $4,087,000,000 | $4,746,000,000 | — |
| Service | — | $4,363,000,000 | $4,164,000,000 | — | — | $3,327,000,000 | $3,141,000,000 | — |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Product and Systems Integration Segment | $1,761,000,000 | $1,676,000,000 | $1,244,000,000 | $913,000,000 | $760,000,000 | $656,000,000 | $994,000,000 | $854,000,000 |
| Services and Software Segment | $1,227,000,000 | $1,012,000,000 | $1,050,000,000 | $748,000,000 | $907,000,000 | $727,000,000 | $587,000,000 | $401,000,000 |
Operating Margin by Segment (%)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Product and Systems Integration Segment | 24.3% | 24.3% | 19.9% | 15.9% | 15.1% | 14.2% | 18.7% | 16.7% |
| Services and Software Segment | 27.7% | 25.7% | 28.1% | 22.1% | 28.9% | 26.2% | 22.9% | 17.9% |