Motorola Solutions, Inc.

MSI Technology Communication Equipment

Motorola Solutions, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.7 billion, up 8.00% from fiscal 2024.

Revenue
+12.2%
EPS
−8.31%
Free cash flow
−9.56%
Total debt
+0.24%

Quarter to September 2026, against a year earlier

513.12 3.89 −0.75%
Market cap
$85.6B
P/E
41.3×
Fwd P/E
35.6×
Dividend yield
0.93%
F-score
6/9
Altman Z
3.57
Beneish M
−2.44
Dividend safety
85/100

Motorola Solutions, Inc. (MSI) Gross margin

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Motorola Solutions, Inc.'s gross margin over the twelve months to 30 September 2026 was 52.2%, up 0.5 percentage points from fiscal 2025 (51.7%). Over the past ten years it has ranged from 46.4% (fiscal 2022) to 51.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Communication Equipment industry median of 39.3% and above the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 51.7% 0.70
FY2024 51.0% 1.15
FY2023 49.8% 3.40
FY2022 46.4% (3.03)
FY2021 49.4% 0.78
FY2020 48.7% (1.18)
FY2019 49.8% 2.45
FY2018 47.4% (0.01)
FY2017 47.4% (0.12)
FY2016 47.5% (0.22)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 52.4% (1.19)
Jun 2026 53.6% 3.38
Mar 2026 50.2% (2.13)
Dec 2025 52.3% 0.66
43 more quarters

Against its own ten years

Low 46.4% High 51.7%
Ten-year median 48.7%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
CSCO Cisco Systems, Inc. compare 64.5%
MSI Motorola Solutions, Inc. 52.2%
ZBRA Zebra Technologies Corporation compare 48.9%
ERIC Ericsson compare 46.9%
UI Ubiquiti Inc. compare 46.2%
LITE Lumentum Holdings Inc. compare 45.9%
CIEN Ciena Corporation compare 44.1%
NOK Nokia Corporation compare 44.0%
HPE Hewlett Packard Enterprise Company compare 36.7%
Communication Equipment industry median 39.3%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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