MSI Q2 2024 Earnings — Motorola Solutions, Inc. Revenue & Financial Results | Market Cap Arena

MSIMotorola Solutions, Inc.

$77B

Q2 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$2.6B+9.4% YoY

Gross Profit

$1.3B51.0% margin

Operating Income

$644M24.5% margin

Net Income

$443M16.9% margin

EPS (Diluted)

$2.60

QoQ Revenue Growth

+10.0%

Cash Flow

Operating Cash Flow

$180M

Free Cash Flow

$112M

Stock-Based Comp.

$63M

Balance Sheet

Total Assets

$13.3B

Total Liabilities

$12.5B

Stockholders' Equity

$802M

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.4B	+9.4%
Gross Profit	$1.3B	$1.2B	+12.6%
Operating Income	$644M	$518M	+24.3%
Net Income	$443M	$371M	+19.4%

Revenue Segments

Product

$1.6B59%

Service

$1.1B41%

Geographic Segments

North America

$1.9B73%

International

$711M27%