Motorola Solutions, Inc.

Listed Company

MSICIK 0000068505NYSELarge AcceleratedRadio & Tv Broadcasting & Communications EquipmentDelawareFY ends Dec 31

Period

FY 2025

Revenue

$11.68B

Net Income

$2.15B

Total Assets

$19.39B

Equity

$2.41B

Shares Out

165.66M

Op. Cash Flow

$2.84B

Business

Motorola Solutions, Inc. provides safety and security technology to public safety agencies and enterprise customers, aiming to protect people, property and places. It offers Land Mobile Radio communications, video security and access control, and Command Center software, along with on‑premises, cloud and hybrid software solutions, cybersecurity subscriptions, managed services and systems integration. The company organizes operations into Products and Systems Integration and Software and Services segments covering devices, infrastructure, analytics and support. It serves government and commercial customers worldwide through direct sales and a global channel partner network.

Summary from filing dated 2025-02-14

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net sales	11,682	10,817	9,978	9,112	8,171
Costs of sales	5,647	5,305	5,008	4,883	4,131
Gross margin	6,035	5,512	4,970	4,229	4,040
Selling, general and administrative expenses	1,870	1,752	1,561	1,450	1,353
Research and development expenditures	970	917	858	779	734
Other charges	207	155	257	339	286
Operating earnings	2,988	2,688	2,294	1,661	1,667
Interest expense, net	−302	−227	−216	−226	—
Other, net	126	−489	68	77	92
Total other expense	−176	−716	−148	−146	−115
Net earnings before income taxes	2,812	1,972	2,146	1,515	1,552
Income tax expense	652	390	432	148	302
Net earnings	2,160	1,582	1,714	1,367	1,250
Less: Earnings attributable to noncontrolling interests	6	5	5	4	5
Net earnings attributable to Motorola Solutions, Inc.	2,154	1,577	1,709	1,363	1,245
Basic (USD per share)	12.93	9.45	10.23	8.14	7.36
Diluted (USD per share)	12.75	9.23	9.93	7.93	7.17
Basic (in shares)	167	167	167	168	169
Diluted (in shares)	169	171	172	172	174
Dividends declared per share (USD per share)	4.48	4.03	3.62	3.25	2.92

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	1,165	2,102	1,705	1,325	1,874
Accounts receivable, net	2,200	1,952	1,710	1,518	1,386
Contract assets	1,574	1,230	1,102	974	1,105
Inventories, net	983	766	827	1,055	788
Other current assets	378	429	357	383	259
Total current assets	6,300	6,479	5,725	5,255	5,412
Property, plant and equipment, net	1,165	1,022	964	927	1,042
Operating lease assets	581	529	495	485	382
Investments	187	135	143	147	209
Deferred income taxes	761	1,280	1,062	1,036	916
Goodwill	6,800	3,526	3,401	3,312	2,565
Intangible assets, net	3,104	1,249	1,255	1,342	1,105
Other assets	491	375	274	310	558
Total assets	19,389	14,595	13,336	12,814	12,189
Current portion of long-term debt	0	322	—	1	5
Short-term borrowings	749	0	—	—	—
Accounts payable	1,134	1,018	881	1,062	851
Contract liabilities	2,265	2,072	2,037	1,859	1,650
Accrued liabilities	1,930	1,643	1,504	1,638	1,557
Total current liabilities	6,078	5,055	5,736	4,560	4,063
Long-term debt	8,413	5,675	4,705	6,013	5,688
Operating lease liabilities	471	427	407	419	313
Other liabilities	2,000	1,719	1,741	1,691	2,148
Preferred stock, $100 par value: 0.5 shares authorized; none issued and outstanding	0	0	0	0	0
Common stock, $0.01 par value; Authorized shares: 600.0; Issued shares: 12/31/23168.5; 12/31/22169.6; Outstanding shares: 12/31/23167.5; 12/31/22168.7	2	2	2	2	2
Additional paid-in capital	2,279	1,940	1,622	1,306	987
Retained earnings	2,549	2,300	1,640	1,343	1,350
Accumulated other comprehensive loss	−2,420	−2,539	−2,540	−2,535	−2,379
Total Motorola Solutions, Inc. stockholders equity	2,410	1,703	724	116	−40
Noncontrolling interests	17	16	15	15	17
Total stockholders equity	2,427	1,719	739	131	−23
Total liabilities and stockholders equity	19,389	14,595	13,336	12,814	12,189

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	425	336	356	440	438
Non-cash other charges	3	16	14	23	3
Exit of video manufacturing operations	0	0	24	0	0
Share-based compensation expenses	293	243	212	172	129
Loss from the extinguishment of Silver Lake Convertible Debt	0	585	0	6	18
Accounts receivable	−173	−246	−180	−112	3
Inventories	−145	62	200	−242	−284
Other current assets and contract assets	−221	−213	−82	−1	−205
Accounts payable, accrued liabilities, and contract liabilities	280	302	−144	451	578
Other assets and liabilities	121	−61	−38	−91	−126
Deferred income taxes	94	−215	−32	−334	34
Net cash provided by operating activities	2,837	2,391	2,044	1,823	1,837
Acquisitions and investments, net	−4,916	−290	−180	−1,177	−521
Proceeds from sales of investments	17	40	19	46	16
Capital expenditures	−265	−257	−253	−256	−243
Net cash used for investing activities	−5,164	−507	−414	−1,387	−742
Net proceeds from issuance of debt	2,733	1,288	0	595	844
Net proceeds from short-term borrowings	923	0	0	—	—
Repayment of debt	−322	−1,906	−1	−285	−353
Repayment of short-term borrowings	−179	0	0	—	—
Revolving credit facility renewal fees	−5	0	0	—	—
Issuances of common stock, net of tax	46	75	104	156	102
Purchases of common stock	−1,154	−247	−804	−836	—
Payment of dividends	−728	−654	−589	−530	−482
Payment of dividends to noncontrolling interest	−5	−4	−5	−6	−5
Net cash provided by (used for) financing activities	1,309	−1,448	−1,295	−906	−429
Effect of exchange rate changes on cash and cash equivalents	81	−39	45	−79	−46
Net increase (decrease) in cash and cash equivalents	−937	397	380	−549	620
Interest paid	285	253	234	226	207
Income and withholding taxes, net of refunds	569	627	587	307	257

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro