Motorola Solutions (MSI): financials, SEC filings and peers
Motorola Solutions (MSI) is a communications equipment company in the Information Technology sector of the S&P 500, headquartered in Chicago, Illinois.
It was founded in 1928 and joined the S&P 500 on March 4, 1957.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Radio & Tv Broadcasting & Communications Equipment”.
Motorola Solutions at a glance
- Revenue (12 months)
- $12.2B
- Revenue growth
- +10.3%
- Operating margin
- 24.9%
- Net income (12 months)
- $2.1B
- Free cash flow (12 months)
- $2.7B
- Cash
- $710M
- Debt
- $9.0B
- Diluted EPS (12 months)
- $12.70
Twelve months to July 4, 2026, from the 10-Q filed August 5, 2026.
Latest twelve months
Over the twelve months to July 4, 2026, Motorola Solutions reported revenue of $12.2 billion, up 10.3% from a year earlier.
Its operating margin was 24.9%: for every $100 of sales, about $25 was left as operating profit.
Net income was $2.1 billion (17.4% of revenue), 0.9% higher than a year earlier.
Operating cash flow was $3.0 billion and capital spending $297 million, leaving free cash flow of $2.7 billion (21.9% of revenue).
At the end of the period it held $710 million in cash and $9.0 billion in debt, a net debt position of $8.3 billion.
Five-year trend
- Revenue went from $7.4 billion in fiscal 2020 to $11.7 billion in fiscal 2025, about 9.5% a year.
- Revenue has grown for 5 fiscal years in a row.
- Operating margin widened from 18.7% to 25.6% over the same years.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $8.2B | $9.1B | $10.0B | $10.8B | $11.7B |
| Revenue growth | 10.2% | 11.5% | 9.5% | 8.4% | 8.0% |
| Operating margin | 20.4% | 18.2% | 23.0% | 24.8% | 25.6% |
| Net income | $1.2B | $1.4B | $1.7B | $1.6B | $2.2B |
| Free cash flow | $1.6B | $1.6B | $1.8B | $2.1B | $2.6B |
| Diluted EPS | $7.17 | $7.93 | $9.93 | $9.23 | $12.75 |
Fiscal years as reported in Motorola Solutions’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed September 9, 2026 — Other event
- 8-K filed August 17, 2026 — Other event
- 10-Q filed August 5, 2026 — quarterly report
- 8-K filed August 5, 2026 — Earnings results
- 8-K filed May 20, 2026 — Shareholder vote results
- 10-Q filed May 7, 2026 — quarterly report
- 8-K filed May 7, 2026 — Earnings results
- 8-K filed March 12, 2026 — Executive or director change
Companies like Motorola Solutions
Other S&P 500 companies in Communications Equipment:
- ANETArista NetworksSanta Clara, California
- CIENCienaHanover, Maryland
- CSCOCiscoSan Jose, California
- FFIVF5, Inc.Seattle, Washington
- LITELumentumSan Jose, California
More from Information Technology
Questions about Motorola Solutions
Is Motorola Solutions's revenue growing?
Yes. Revenue for the twelve months to July 4, 2026 was $12.2 billion, up 10.3% from a year earlier, according to its SEC filings.
Is Motorola Solutions profitable?
Yes. It earned $2.1 billion in net income over the twelve months to July 4, 2026, a net margin of 17.4%.
Does Motorola Solutions have more cash or more debt?
At July 4, 2026 it had $710 million in cash and $9.0 billion in debt, so more debt than cash.
When did Motorola Solutions last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on August 5, 2026.
Which companies are similar to Motorola Solutions?
In the S&P 500, Motorola Solutions is grouped in Communications Equipment within the Information Technology sector. Arista Networks (ANET), Ciena (CIEN), Cisco (CSCO), F5, Inc. (FFIV), Lumentum (LITE) are in the same group.
Understand the numbers
Source: Motorola Solutions’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.