MSI Q3 2024 Earnings — Motorola Solutions, Inc. Revenue & Financial Results | Market Cap Arena

MSIMotorola Solutions, Inc.

$77B

Q3 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$2.8B+9.2% YoY

Gross Profit

$1.4B51.4% margin

Operating Income

$711M25.5% margin

Net Income

$562M20.1% margin

EPS (Diluted)

$3.29

QoQ Revenue Growth

+6.2%

Cash Flow

Operating Cash Flow

$759M

Free Cash Flow

$702M

Stock-Based Comp.

$61M

Balance Sheet

Total Assets

$13.9B

Total Liabilities

$12.5B

Stockholders' Equity

$1.3B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$2.6B	+9.2%
Gross Profit	$1.4B	$1.3B	+12.0%
Operating Income	$711M	$639M	+11.3%
Net Income	$562M	$464M	+21.1%

Revenue Segments

Product

$1.7B60%

Service

$1.1B40%

Geographic Segments

North America

$2.0B72%

International

$783M28%