Companies / MSI

Motorola Solutions, Inc. (MSI) financials and KPIs

Motorola Solutions, Inc. reported revenue of $11.68B for fiscal 2025, up 8.0% from fiscal 2024. Net income was $2.16B and free cash flow was $2.57B.

Annual results

Fiscal year20212022202320242025
Revenue$8.17B$9.11B$9.98B$10.82B$11.68B
Operating income$1.67B$1.66B$2.29B$2.69B$2.99B
Net income$1.25B$1.37B$1.71B$1.58B$2.16B
Cash from operations$1.84B$1.82B$2.04B$2.39B$2.84B
Free cash flow$1.59B$1.57B$1.79B$2.13B$2.57B

Quarterly results

Fiscal quarterQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$2.79B$3.01B$2.53B$2.77B$3.01B$3.38B$2.71B$3.13B
Net income$563.00M$612.00M$432.00M$515.00M$564.00M$650.00M$368.00M$558.00M
Diluted EPS$3.29$3.56$2.53$3.04$3.33$3.86$2.18—

Operating KPIs

As Motorola Solutions, Inc. reports them, quarter by quarter.

Fiscal quarterQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Backlog$14.10B$14.70B$14.10B$14.10B$14.60B$15.70B$15.70B$15.60B

Sources

Figures come from Motorola Solutions, Inc.'s SEC filings, by fiscal year and fiscal quarter as the company defines them. A dash means we hold no figure for that period that passed our checks. Some fourth quarters are the full year less the first nine months. Free cash flow is cash from operations less capital expenditures. Data as of 31 October 2026. This is not investment advice.

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