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

514.56 2.45 −0.47%
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) Net margin

Alert me on Net margin

Motorola Solutions, Inc.'s net margin over the twelve months to 30 September 2026 was 16.5%, down 1.9 percentage points from fiscal 2025 (18.4%). Over the past ten years it has ranged from −2.43% (fiscal 2017) to 18.4% (fiscal 2025) — the current reading is the highest in ten years. That is above the Communication Equipment industry median of −0.64% and above the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 18.4% 3.86
FY2024 14.6% (2.55)
FY2023 17.1% 2.17
FY2022 15.0% (0.28)
FY2021 15.2% 2.44
FY2020 12.8% 1.79
FY2019 11.0% (2.15)
FY2018 13.2% 15.59
FY2017 −2.43% (11.70)
FY2016 9.27% (1.44)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 15.2% (2.61)
Jun 2026 17.8% 4.29
Mar 2026 13.5% (5.71)
Dec 2025 19.2% 0.52
43 more quarters

Against its own ten years

Low −2.43% High 18.4%
Ten-year median 13.2%
Current reading's percentile 81

Net margin against peers

Company Net margin
UI Ubiquiti Inc. compare 29.3%
CSCO Cisco Systems, Inc. compare 21.0%
MSI Motorola Solutions, Inc. 16.5%
CIEN Ciena Corporation compare 10.9%
ZBRA Zebra Technologies Corporation compare 9.80%
ERIC Ericsson compare 8.18%
HPE Hewlett Packard Enterprise Company compare 6.39%
NOK Nokia Corporation compare 3.70%
LITE Lumentum Holdings Inc. compare −175.8%
Communication Equipment industry median −0.64%
Technology sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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