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Saturday 17 October 2026 Export MSI’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 13.3%, EPS grew 9.09%, free cash flow grew 84.0% and total debt rose 16.8%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three.

463.15 6.76 +1.48%
Market cap
$75.5B
P/E
36.1×
Fwd P/E
30.9×
Dividend yield
1.05%
F-score
6/9
Altman Z
3.57
Beneish M
−2.44
Dividend safety
85/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Motorola Solutions, Inc. (MSI) Net margin

Alert me on Net margin

Motorola Solutions, Inc.'s net margin over the twelve months to 30 June 2026 was 17.4%, down 1.0 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 −0.80% 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)
Jun 2026 17.8% 4.29
Mar 2026 13.5% (5.71)
Dec 2025 19.2% 0.52
Sep 2025 18.7% 0.13
42 more quarters

Against its own ten years

Low −2.43% High 18.4%
Ten-year median 13.2%
Current reading's percentile 88

Net margin against peers

Company Net margin
UI Ubiquiti Inc. compare 29.3%
MSI Motorola Solutions, Inc. 17.4%
CIEN Ciena Corporation compare 10.9%
ERIC Ericsson compare 10.6%
ZBRA Zebra Technologies Corporation compare 9.22%
HPE Hewlett Packard Enterprise Company compare 6.39%
NOK Nokia Corporation compare 3.39%
LITE Lumentum Holdings Inc. compare −230.1%
ASTS AST SpaceMobile, Inc. compare −536.7%
Communication Equipment industry median −0.80%
Technology sector median 0.00%
Market median 0.45%

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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