MSI financials
Motorola Solutions, Inc. · end-of-day data as of Oct 16, 2026
Motorola Solutions, Inc.
$463.15+11.1%
Buy · 14 analystsPT $524.19 +13.2%
MSI reported revenue of $3.13B for the quarter ended Jul 4, 2026 (Q2 FY2026), up 13.3% from a year earlier. It posted diluted EPS of $3.33, free cash flow of $414M and a net margin of 17.8%.
Valuation
- P/E36.5x
- P/E vs own+7.8%
- P/E vs sector+9.2%
- FCF yield+3.5%
- Market cap$76.64B
Quarterly results
Q2 FY2026: Revenue +13.3% year over year, free cash flow 13.2% of revenue, operating margin 25.8%.
RevenueFree cash flow
| Q2 FY2026 | Jul 4, 2026 | $3.13B | 3.33 | $414M | 53.6% | 25.8% | 17.8% |
| Q1 FY2026 | Apr 4, 2026 | $2.71B | 2.18 | $389M | 47.4% | 21.9% | 13.5% |
| Q4 FY2025 | Dec 31, 2025 | $3.38B | 3.86 | $1.14B | 48.7% | 26.0% | 19.2% |
| Q3 FY2025 | Sep 27, 2025 | $3.01B | 3.33 | $732M | 49.9% | 26.0% | 18.7% |
| Q2 FY2025 | Jun 28, 2025 | $2.77B | 3.04 | $225M | 51.1% | 25.0% | 18.6% |
| Q1 FY2025 | Mar 29, 2025 | $2.53B | 2.53 | $473M | 51.4% | 23.0% | 17.0% |
| Q4 FY2024 | Dec 31, 2024 | $3.01B | 3.56 | $984M | 51.4% | 27.0% | 20.3% |
| Q3 FY2024 | Sep 28, 2024 | $2.79B | 3.29 | $702M | 51.4% | 25.5% | 20.1% |
| Q2 FY2024 | Jun 29, 2024 | $2.63B | 2.60 | $112M | 51.0% | 24.5% | 16.9% |
| Q1 FY2024 | Mar 30, 2024 | $2.39B | -0.23 | $336M | 49.9% | 21.7% | -1.6% |
| Q4 FY2023 | Dec 31, 2023 | $2.85B | 3.47 | $1.16B | 51.1% | 25.9% | 20.9% |
| Q3 FY2023 | Sep 30, 2023 | $2.56B | 2.70 | $649M | 50.1% | 25.0% | 18.2% |