MSI Q3 2021 Earnings — Motorola Solutions, Inc. Revenue & Financial Results | Market Cap Arena

MSIMotorola Solutions, Inc.

$77B

Q3 2021 Earnings

Technology Communication Equipment

Income Statement

Revenue

$2.1B+12.8% YoY

Gross Profit

$1.0B49.6% margin

Operating Income

$451M21.4% margin

Net Income

$307M14.6% margin

EPS (Diluted)

$1.76

QoQ Revenue Growth

+6.9%

Cash Flow

Operating Cash Flow

$376M

Free Cash Flow

$315M

Stock-Based Comp.

$34M

Balance Sheet

Total Assets

$11.4B

Total Liabilities

$11.7B

Stockholders' Equity

-$263M

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$1.9B	+12.8%
Gross Profit	$1.0B	$909M	+15.0%
Operating Income	$451M	$352M	+28.1%
Net Income	$307M	$205M	+49.8%

Revenue Segments

Product

$1.2B58%

Service

$886M42%

Geographic Segments

North America

$1.4B69%

International

$658M31%