MSI Q3 2020 Earnings — Motorola Solutions, Inc. Revenue & Financial Results | Market Cap Arena

MSIMotorola Solutions, Inc.

$77B

Q3 2020 Earnings

Technology Communication Equipment

Income Statement

Revenue

$1.9B-6.3% YoY

Gross Profit

$909M48.7% margin

Operating Income

$352M18.8% margin

Net Income

$205M11.0% margin

EPS (Diluted)

$1.18

QoQ Revenue Growth

+15.5%

Cash Flow

Operating Cash Flow

$392M

Free Cash Flow

$343M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$10.4B

Total Liabilities

$11.1B

Stockholders' Equity

-$756M

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$2.0B	-6.3%
Gross Profit	$909M	$1.0B	-9.7%
Operating Income	$352M	$413M	-14.8%
Net Income	$205M	$267M	-23.2%

Revenue Segments

Product

$1.0B56%

Service

$824M44%