Motorola Solutions, Inc. (MSI) Financial Statements
Motorola Solutions financial statements at a glance
Motorola Solutions reported revenue of $11.68 billion for fiscal year 2025 (ended December 31, 2025), up 8.0% from fiscal year 2024. Net income was $2.15 billion, a net margin of 18.4%.
At the end of fiscal year 2025 it had total assets of $19.39 billion, total liabilities of $16.98 billion and shareholders' equity of $2.41 billion, with total debt of $9.16 billion.
Its operations brought in $2.84 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Motorola Solutions, Inc.
Income Statement
Annual • USD
Motorola Solutions key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $11.7B | $10.8B | $10.0B | $9.1B | $8.2B |
| Gross profit | $6.0B | $5.5B | $5.0B | $4.2B | $4.0B |
| Operating income | $3.0B | $2.1B | $2.3B | $1.7B | $1.7B |
| Net income | $2.2B | $1.6B | $1.7B | $1.4B | $1.2B |
| Diluted EPS | – | – | – | – | $7.17 |
| Total assets | $19.4B | $14.6B | $13.3B | $12.8B | $12.2B |
| Total liabilities | $17.0B | $12.9B | $12.6B | $12.7B | $12.2B |
| Shareholders' equity | $2.4B | $1.7B | $724.0M | $116.0M | -$40.0M |
| Cash | – | – | – | – | $1.9B |
| Total debt | $9.2B | $6.0B | $6.0B | $6.0B | $6.1B |
| Operating cash flow | $2.8B | $2.4B | $2.0B | $1.8B | $1.8B |
| Capital spending | – | – | – | – | $243.0M |
| Free cash flow | – | – | – | – | $1.6B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Motorola Solutions's revenue in fiscal year 2025?
$11.68 billion, up 8.0% from $10.82 billion in fiscal year 2024.
How much profit does Motorola Solutions make?
Motorola Solutions reported net income of $2.15 billion for fiscal year 2025 (18.4% of revenue); operating income was $2.98 billion.
How much cash and debt does Motorola Solutions have?
At the end of fiscal year 2025: total debt of $9.16 billion.
