Pricing Log in Create free account
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) Operating margin

Alert me on Operating margin

Motorola Solutions, Inc.'s operating margin over the twelve months to 30 June 2026 was 24.9%, down 0.7 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 2.39% and above the Technology sector median of 0.00%.

Operating margin, annual

Embed this chart

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)
Jun 2026 25.8% 6.48
Mar 2026 19.3% (8.59)
Dec 2025 27.9% 2.34
Sep 2025 25.6% 0.56
42 more quarters

Against its own ten years

Low 17.1% High 25.6%
Ten-year median 20.1%
Current reading's percentile 90

Operating margin against peers

Company Operating margin
UI Ubiquiti Inc. compare 36.2%
MSI Motorola Solutions, Inc. 24.9%
LITE Lumentum Holdings Inc. compare 17.4%
ZBRA Zebra Technologies Corporation compare 14.7%
ERIC Ericsson compare 14.5%
CIEN Ciena Corporation compare 12.3%
HPE Hewlett Packard Enterprise Company compare 6.21%
NOK Nokia Corporation compare 4.14%
ASTS AST SpaceMobile, Inc. compare −519.5%
Communication Equipment industry median 2.39%
Technology sector median 0.00%
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 →

More on MSI