Motorola Solutions, Inc.
Business
Motorola Solutions is a global leader in mission-critical safety and security technologies serving public safety, government including defense, and enterprise customers across more than 100 countries. The company provides an integrated ecosystem of Mission Critical Networks (LMR, MANET, broadband devices), Video Security and Access Control (cameras, access control, analytics), and Command Center (911, dispatch, workflow software). The business operates through two reportable segments: Products and Systems Integration, which generates hardware, infrastructure and devices; and Software and Services, which delivers support services, managed services, video software, and command center solutions.
Summary from 10-K filed 2026-02-12
Financials
Consolidated Statement of Income
| Concept | Trend | 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
| Concept | Trend | 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
| Concept | Trend | 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
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Motorola Solutions, Inc.'s CIK number?
Motorola Solutions, Inc.'s SEC CIK number is 0000068505 (68505). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Motorola Solutions, Inc.'s SEC filings?
All of Motorola Solutions, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Motorola Solutions, Inc. last report earnings?
Motorola Solutions, Inc. (MSI) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000068505-26-000018). This is Motorola Solutions, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Motorola Solutions, Inc.'s most recent earnings 8-K?
Motorola Solutions, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0000068505-26-000018. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Motorola Solutions, Inc.'s latest earnings 8-K →
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