Motorola Solutions, Inc.

MSI · Large cap · 0 articles

Financial highlights

Metric	FY 12/31/25	FY 12/31/24	FY 12/31/23	FY 12/31/22	FY 12/31/21
Income Statement
Revenue	$11.7B	$10.8B	$10.0B	$9.1B	$8.2B
Cost of revenue	$5.6B	$5.3B	$5.0B	$4.9B	$4.1B
Gross profit	$6.0B	$5.5B	$5.0B	$4.2B	$4.0B
Selling, general & administrative	$1.9B	$1.8B	$1.6B	$1.4B	$1.4B
Research and development	$970.0M	$917.0M	$858.0M	$779.0M	$734.0M
Operating income	$3.0B	$2.7B	$2.3B	$1.7B	$1.7B
Interest expense	$360.0M	$295.0M	$249.0M	$240.0M	$215.0M
Pretax income	$2.8B	$2.0B	$2.1B	$1.5B	$1.6B
Income tax expense	$652.0M	$390.0M	$432.0M	$148.0M	$302.0M
Net income	$2.2B	$1.6B	$1.7B	$1.4B	$1.2B
Balance Sheet
Cash and equivalents	$1.2B	$2.1B	$1.7B	$1.3B	$1.9B
Current assets	$6.3B	$6.5B	$5.7B	$5.3B	$5.4B
Total assets	$19.4B	$14.6B	$13.3B	$12.8B	$12.2B
Current liabilities	$6.1B	$5.1B	$5.7B	$4.6B	$4.1B
Total debt	$9.2B	$6.0B	$6.0B	$6.0B	$5.7B
Stockholders' equity	$2.4B	$1.7B	$724.0M	$116.0M	-$40.0M
Cash Flow Statement
Cash from operations	$2.8B	$2.4B	$2.0B	$1.8B	$1.8B
Depreciation and amortization	$425.0M	$336.0M	$356.0M	$440.0M	$438.0M
Stock-based compensation	$293.0M	$243.0M	$212.0M	$172.0M	$129.0M
Capital expenditure	$265.0M	$257.0M	$253.0M	$256.0M	$243.0M
Free cash flow	$2.6B	$2.1B	$1.8B	$1.6B	$1.6B
Dividends paid	$728.0M	$654.0M	$589.0M	$530.0M	$482.0M
Share repurchases	$1.2B	$244.0M	$804.0M	$836.0M	$528.0M
Impairments	$0	$2.0M	$3.0M	$147.0M	$0

Shares outstanding 166.0M · Free float 11.6%

Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.