Motorola Solutions, Inc. New (MSI) Financials

Key financial figures for Motorola Solutions, Inc. New (Q2 2026).

Motorola Solutions posted record Q2 sales of $3.1 billion (+13% YoY), non-GAAP EPS of $4.41 (+24% YoY) and a record Q2 ending backlog of $15.6 billion (+11% YoY), and again raised full-year 2026 guidance. Q2 2026 sales of $3,133M, up 13% YoY: Products and Systems Integration sales up 15% to $1,908M, Software and Services sales up 10% to $1,225M GAAP EPS of $3.33 (+10% YoY); non-GAAP EPS of $4.41 (+24% YoY), non-GAAP operating margin of 32.9% (+330bps YoY) vs GAAP operating margin of 25.8% Record Q2 ending backlog of $15.6 billion, up 11% (+$1.5B) YoY, driven by record Q2 orders; Software and Services backlog up 11%, Products and Systems Integration backlog up 10% Operating cash flow of $469M (+$197M YoY); free cash flow of $414M, up from $224M a year ago Entered a definitive agreement to acquir. On the outlook: FY2026 revenue of approximately $12.975 billion (raised from $12.8 billion) and non-GAAP EPS of $17.62 to $17.72 (raised from $16.87 to $16.99); Q3 2026 revenue growth of approximately 8% YoY and non-GAAP EPS of $4.39 to $4.44. Figures are for Q2 2026, as Motorola Solutions, Inc. reported them.

Revenue
$3.1B
Net Income
$558M
EPS
$3.36
Total Assets
$19.2B
Operating Cash Flow
$469M

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q2 FY2026$3.1B$557M$3.3325.82%$414M
Q1 FY2026$2.7B$366M$2.1821.92%$389M
Q4 FY2025$3.4B$649M$3.8626.01%$1.1B
Q3 FY2025$3.0B$562M$3.3325.99%$732M
Q2 FY2025$2.8B$513M$3.0425.03%$225M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2025$11.7B$2.2B$12.7625.12%$2.6B
FY2024$10.8B$1.6B$9.2324.85%$2.1B
FY2023$10.0B$1.7B$9.9322.99%$1.8B

Frequently asked questions

What was Motorola Solutions, Inc.'s revenue last quarter?

Motorola Solutions, Inc. reported revenue of $3.13 billion for Q2 FY2026, up 13.3% from the same period a year earlier.

Is Motorola Solutions, Inc. profitable?

Yes. Motorola Solutions, Inc. reported net income of $557.0 million for Q2 FY2026, a net margin of 17.78% on revenue.

How has Motorola Solutions, Inc.'s margin trended?

Operating margin was 25.82% in Q2 FY2026, compared with 25.03% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.

How much free cash flow did Motorola Solutions, Inc. generate?

Motorola Solutions, Inc. generated free cash flow of $414.0 million in Q2 FY2026, after capital expenditure.

Full income statement, balance sheet and cash flow for Motorola Solutions, Inc. New on SentiSense, with up to forty quarters and twenty fiscal years of history.