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

515.21 1.80 −0.35%
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) Operating margin

Alert me on Operating margin

Motorola Solutions, Inc.'s operating margin over the twelve months to 30 September 2026 was 24.2%, down 1.3 percentage points from fiscal 2025 (25.6%). Over the past ten years it has ranged from 17.1% (fiscal 2018) to 25.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Communication Equipment industry median of 2.43% and above the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 25.6% 0.73
FY2024 24.9% 1.86
FY2023 23.0% 4.76
FY2022 18.2% (2.17)
FY2021 20.4% 1.75
FY2020 18.7% (1.40)
FY2019 20.1% 2.96
FY2018 17.1% (3.04)
FY2017 20.1% 2.77
FY2016 17.4% (0.09)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 23.0% (2.80)
Jun 2026 25.8% 6.48
Mar 2026 19.3% (8.59)
Dec 2025 27.9% 2.34
43 more quarters

Against its own ten years

Low 17.1% High 25.6%
Ten-year median 20.1%
Current reading's percentile 79

Operating margin against peers

Company Operating margin
UI Ubiquiti Inc. compare 36.2%
CSCO Cisco Systems, Inc. compare 24.3%
MSI Motorola Solutions, Inc. 24.2%
LITE Lumentum Holdings Inc. compare 23.5%
ZBRA Zebra Technologies Corporation compare 14.9%
CIEN Ciena Corporation compare 12.3%
ERIC Ericsson compare 11.6%
HPE Hewlett Packard Enterprise Company compare 6.21%
NOK Nokia Corporation compare 3.86%
Communication Equipment industry median 2.43%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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