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MSI (Motorola Solutions, Inc.) Stock Financials & Earnings | Market Cap Arena
MSI
Motorola Solutions, Inc.
Mkt Cap
$77B
Technology
·
Communication Equipment
·
🇺🇸 United States
·
NYSE
Revenue (TTM)
$11.7B
Net Income (TTM)
$2.2B
EPS (TTM)
$12.76
Free Cash Flow (TTM)
$2.6B
Gross Margin
50.2%
Op. Margin
25.1%
Net Margin
18.4%
FCF Margin
22.0%
P/S Ratio (TTM)
6.6x
P/E Ratio (TTM)
35.8x
YoY Rev Growth
+8.0%
Employees
—
Earnings Reports
▶
Q4 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$2.2B
$1.0B
$399M
Q2 23
$2.4B
$1.2B
$518M
Q3 23
$2.6B
$1.3B
$639M
Q4 23
$2.8B
$1.5B
$738M
Q1 24
$2.4B
$1.2B
$519M
Q2 24
$2.6B
$1.3B
$644M
Q3 24
$2.8B
$1.4B
$711M
Q4 24
$3.0B
$1.5B
$814M
Q1 25
$2.5B
$1.3B
$582M
Q2 25
$2.8B
$1.4B
$692M
Q3 25
$3.0B
$1.5B
$782M
Q4 25
$3.4B
$1.6B
$879M
marketcaparena.com
Revenue Breakdown
MSI
Motorola Solutions, Inc.
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
8.2x
56.2x
Q2 23
8.0x
50.9x
Q3 23
7.8x
45.3x
Q4 23
7.7x
45.2x
Q1 24
7.6x
55.4x
Q2 24
7.4x
52.7x
Q3 24
7.2x
49.4x
Q4 24
7.1x
48.9x
Q1 25
7.0x
37.7x
Q2 25
7.0x
36.5x
Q3 25
6.8x
36.5x
Q4 25
6.6x
35.8x
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Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$8M
-$62M
Q2 23
$93M
$40M
Q3 23
$714M
$649M
Q4 23
$1.2B
$1.2B
Q1 24
$382M
$336M
Q2 24
$180M
$112M
Q3 24
$759M
$702M
Q4 24
$1.1B
$984M
Q1 25
$510M
$473M
Q2 25
$273M
$225M
Q3 25
$798M
$732M
Q4 25
$1.3B
$1.1B
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$54M
Q2 23
$53M
Q3 23
$65M
Q4 23
$81M
Q1 24
$46M
Q2 24
$68M
Q3 24
$57M
Q4 24
$86M
Q1 25
$37M
Q2 25
$48M
Q3 25
$66M
Q4 25
$114M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+14.7%
+7.2%
Q2 23
+12.3%
+5.8%
Q3 23
+7.7%
-4.2%
Q4 23
+5.2%
+4.7%
Q1 24
+10.0%
+5.5%
Q2 24
+9.4%
+5.3%
Q3 24
+9.2%
+8.5%
Q4 24
+5.7%
+4.1%
Q1 25
+5.8%
+4.1%
Q2 25
+5.2%
+4.5%
Q3 25
+7.8%
+7.1%
Q4 25
+12.3%
+13.8%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$55M
2.5%
Q2 23
$53M
2.2%
Q3 23
$52M
2.0%
Q4 23
$52M
1.8%
Q1 24
$56M
2.3%
Q2 24
$63M
2.4%
Q3 24
$61M
2.2%
Q4 24
$63M
2.1%
Q1 25
$66M
2.6%
Q2 25
$74M
2.7%
Q3 25
$73M
2.4%
Q4 25
$80M
2.4%
marketcaparena.com
OpEx Breakdown
R&D
G&A
SG&A
Quarter
R&D
G&A
SG&A
Q1 23
$210M
$368M
—
Q2 23
$215M
$390M
—
Q3 23
$215M
$380M
—
Q4 23
$218M
$423M
—
Q1 24
$218M
$397M
—
Q2 24
$220M
$430M
—
Q3 24
$234M
$439M
—
Q4 24
$246M
—
$487M
Q1 25
$233M
—
$436M
Q2 25
$231M
—
$450M
Q3 25
$237M
—
$483M
Q4 25
$270M
—
$499M
marketcaparena.com
Revenue Segments
Product
Service
Quarter
Product
Service
Q1 23
$1.2B
$947M
Q2 23
$1.3B
$1.1B
Q3 23
$1.5B
$1.1B
Q4 23
$1.8B
$1.1B
Q1 24
$1.4B
$984M
Q2 24
$1.6B
$1.1B
Q3 24
$1.7B
$1.1B
Q4 24
$1.8B
$1.2B
Q1 25
$1.4B
$1.1B
Q2 25
$1.5B
$1.2B
Q3 25
$1.8B
$1.3B
Q4 25
$2.0B
$1.3B
marketcaparena.com
Revenue by Geography
International
North America
United Kingdom
Quarter
International
North America
United Kingdom
Q1 23
$679M
$1.5B
—
Q2 23
$762M
$1.6B
—
Q3 23
$773M
$1.8B
—
Q4 23
$832M
$2.0B
—
Q1 24
$696M
$1.7B
—
Q2 24
$711M
$1.9B
—
Q3 24
$783M
$2.0B
—
Q4 24
$807M
$2.2B
—
Q1 25
$676M
$1.9B
—
Q2 25
$738M
$2.0B
—
Q3 25
$888M
$2.1B
—
Q4 25
$415M
$2.4B
$603M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$1.0B
$0
$1.0B
Q2 23
$710M
$0
$710M
Q3 23
$910M
$0
$910M
Q4 23
$1.7B
$0
$1.7B
Q1 24
$1.5B
$0
$1.5B
Q2 24
$1.4B
$0
$1.4B
Q3 24
$1.4B
$0
$1.4B
Q4 24
$2.1B
$0
$2.1B
Q1 25
$1.6B
$0
$1.6B
Q2 25
$3.2B
$0
$3.2B
Q3 25
$894M
$0
$894M
Q4 25
$1.2B
$0
$1.2B
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
173M
+0.4%
Q2 23
173M
+0.0%
Q3 23
172M
-0.5%
Q4 23
172M
-0.1%
Q1 24
166M
-3.0%
Q2 24
170M
+2.4%
Q3 24
171M
+0.4%
Q4 24
171M
-0.1%
Q1 25
170M
-0.6%
Q2 25
169M
-0.6%
Q3 25
169M
+0.1%
Q4 25
168M
-0.5%
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Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$1M
5K
FY 15
$1M
5K
FY 16
$1M
5K
FY 17
$1M
5K
FY 18
$1M
5K
FY 19
$1M
6K
FY 20
$412K
18K
FY 21
$437K
19K
FY 22
$456K
20K
FY 23
$475K
21K
FY 24
$515K
21K
FY 25
$508K
23K
marketcaparena.com