Motorola Solutions, Inc. (MSI) SEC Filings & Earnings Calls
EquiReason read 13 Motorola Solutions, Inc. SEC filings in the last 12 months. Latest: 8-K on 2026-09-09 — Motorola Solutions Board authorized an additional $2.0B share repurchase, bringing total program to $20B with no expiration. Through July 4, 2026, company had repurchased ~$17.4B. .
Source: SEC EDGAR filings · figures as of 2026-07-04 · read by EquiReason
- Market cap
- 79.7B
- P/E TTM
- 37.9
- Dividend yield
- 1.0%
- 52-week
- —
- Next earnings
- 4 Nov, in 11 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
9 Sep 20268-K · 8.01Motorola Solutions Board authorized an additional $2.0B share repurchase, bringing total program to $20B with no expiration. Through July 4, 2026, company had repurchased ~$17.4B. Strong signal of capital return commitment.open
Figures in the filing · each found in the filing text
| Share Repurchase Authorization Increase · Sep 9, 2026 | $2.00B | |
| Total Share Repurchase Program · Sep 9, 2026 | $20.00B | |
| Cumulative Repurchases Through Jul 4, 2026 · Through Jul 4, 2 | $17.40B |
17 Aug 20268-K · 8.01Motorola Solutions closed public offering of $950M in senior notes (4.850% due 2029, 5.650% due 2036) for general corporate purposes.open
Figures in the filing · each found in the filing text
| 4.850% senior notes due 2029 · 2026 | $350M | |
| 5.650% senior notes due 2036 · 2026 | $600M |
Risks flagged
Increased debt load may pressure credit metrics.
“Issuance of $950M in senior notes.”
5 Aug 202610-QMotorola Solutions reported strong Q2 2026 results with revenue +13% YoY, gross margin expansion, and operating cash flow growth, driven by acquisitions and favorable mix.earningsopen
Figures in the filing · each found in the filing text
| Net earnings attributable to Motorola Solutions, Inc. · Q2-2026 | $557M | +9% y/y |
| Operating cash flow · H1-2026 | $920M | +18% y/y |
| Gross margin percentage · Q2-2026 | 53.6% | |
| Products and Systems Integration net sales · Products and Systems Integration · Q2-2026 | $1.91B | +15% y/y |
| Software and Services net sales · Software and Services · Q2-2026 | $1.23B | +10% y/y |
| Operating earnings · Q2-2026 | $809M | +17% y/y |
| Earnings per diluted common share · Q2-2026 | $3.33 | +10% y/y |
Risks flagged
Memory cost inflation
“we are experiencing higher costs for memory in our products which is a result of substantial demand in the market driven by AI” · word for word
Acquisition integration and amortization
“Other charges increased $73 million in the second quarter of 2026 compared to the second quarter of 2025. The increase was primarily driven by: $95 million of intangible amortization expense” · word for word
Interest expense increase
“Interest expense, net increased $48 million in the second quarter of 2026 compared to the second quarter of 2025 was primarily driven by higher outstanding debt.”
5 Aug 20268-K · 2.02Sales $3.13B (+13% y/y); Non-GAAP EPS $4.41 (+24% y/y); Operating cash flow $469M (+72% y/y); Guidance: Revenue guidance raised to ~$12.975B from $12.8B; non-GAAP EPS raised to $17.62-$17.72 from $16.87-$16.99earningsopen
Figures in the filing · each found in the filing text
| Sales · Q2-2026 | $3.13B | +13% y/y |
| Non-GAAP EPS · Q2-2026 | $4.41 | +24% y/y |
| Operating cash flow · Q2-2026 | $469M | +72% y/y |
| Free cash flow · Q2-2026 | $414M | +85% y/y |
| Backlog · Q2-2026 | $15.60B | +11% y/y |
| Products and Systems Integration segment sales · Products and Systems Integration · Q2-2026 | $1.91B | +15% y/y |
| Software and Services segment sales · Software and Services · Q2-2026 | $1.23B | +10% y/y |
Guidance
Revenue guidance raised to ~$12.975B from $12.8B; non-GAAP EPS raised to $17.62-$17.72 from $16.87-$16.99
Raised full-year guidance after record Q2 revenue, earnings, and backlog; strong demand momentum.
Risks flagged
Dependence on public safety and government spending; potential trade policy impacts
“The global trade landscape continues to shift rapidly, including evolv... (excerpt truncated)” · word for word
7 May 20268-K · 2.02Motorola Solutions Q1 2026: sales $2.7B (+7%), record Q1 backlog $15.7B (+11%), non-GAAP EPS $3.37 (+6%). Raises full-year revenue guidance to ~$12.8B and EPS to $16.87-16.99. Strong demand across segments.earningsopen
Figures in the filing · each found in the filing text
| Non-GAAP EPS · Q1-2026 | $3.37 | +6% y/y |
| GAAP EPS · Q1-2026 | $2.18 | -14% y/y |
| Backlog · Q1-2026 | $15.70B | +11% y/y |
| Operating Cash Flow · Q1-2026 | $451M | -12% y/y |
| Free Cash Flow · Q1-2026 | $389M | -18% y/y |
Guidance
FY26 revenue raised to ~$12.8B from ~$12.7B; FY26 non-GAAP EPS raised to $16.87-16.99 from $16.70-16.85; Q2 2026 revenue growth ~8.5%, non-GAAP EPS $3.82-3.88
Company raises full-year revenue and earnings guidance driven by record Q1 orders and backlog
Risks flagged
Supply chain cost pressures from tariffs and memory costs
“The company is experiencing higher costs for memory in its products which is a result of substantial demand in the market driven by AI... increased costs on materials and components” · word for word
GAAP operating margin decline due to contingent earnout and intangible amortization
“GAAP operating margin was 19.3% of sales, down from 23.0% in the year-ago quarter primarily driven by an increase to the contingent Silvus earnout” · word for word
Free cash flow decline due to inventory investments and higher interest/tax payments
“Free cash flow was $389 million, compared to $473 million in the year-ago quarter” · word for word
7 May 202610-QNet Earnings attributable to Motorola Solutions, Inc. $366M (-15% y/y); Diluted EPS $2.18 (-14% y/y); Gross Margin % 50.2open
Figures in the filing · each found in the filing text
| Net Earnings attributable to Motorola Solutions, Inc. · Q1-2026 | $366M | -15% y/y |
| Diluted EPS · Q1-2026 | $2.18 | -14% y/y |
| Gross Margin % · Q1-2026 | 50.2% | |
| Operating Earnings · Q1-2026 | $525M | -10% y/y |
| Operating Cash Flow · Q1-2026 | $451M | -12% y/y |
| Software and Services Net Sales · Software and Services · Q1-2026 | $1.16B | +18% y/y |
| Products and Systems Integration Net Sales · Products and Systems Integration · Q1-2026 | $1.56B | +1% y/y |
| Mission Critical Networks (MCN) Net Sales · Mission Critical Networks · Q1-2026 | $1.97B | +4% y/y |
| Video Net Sales · Video · Q1-2026 | $510M | +16% y/y |
| Command Center Net Sales · Command Center · Q1-2026 | $236M | +27% y/y |
Risks flagged
Memory cost inflation from AI demand
“We are experiencing higher costs for memory in our products which is a result of substantial demand in the market driven by AI.” · word for word
Tariff and trade policy uncertainty
“We continue to work with our global supply base to mitigate our exposure to the risks from global reciprocal (and sectoral) tariffs, rising memory costs, and import/export regulations.” · word for word
Integration and amortization costs from acquisitions
“Other charges increased $97 million in the first quarter of 2026 compared to the first quarter of 2025. The increase was primarily driven by: a $75 million contingent earnout charge related to the Silvus acquisition.” · word for word
2 Apr 2026DEF 14AProxy statement detailing executive compensation, governance, and shareholder proposals for the 2026 annual meeting.open
Figures in the filing · each found in the filing text
| Revenue · FY2025 | $11.70B | +8% y/y |
| Non-GAAP Operating Margin · FY2025 | 30.3% | |
| Operating Cash Flow · FY2025 | $2.80B | +19% y/y |
| Backlog · FY2025 | $15.70B | |
| R&D Spending · FY2025 | $970M | |
| Free Cash Flow · FY2025 | $2.57B | |
| Non-GAAP Operating Earnings · FY2025 | $3.54B | |
| Net Income · FY2025 | $2.15B | |
| Share Repurchases · FY2025 | $1.20B | |
| Dividends · FY2025 | $728M |
Risks flagged
Tariff-related margin impact
“Navigated a complex global trade environment, successfully mitigating tariff-related margin impacts.” · word for word
Shareholder dissent on compensation
“Although our 2025 SOP result is lower than in prior years, our average SOP result for 2022-2024 is 93%.” · word for word
12 Feb 202610-KBacklog $15.74B (+7% y/y); Backlog - Products and Systems Integration $3.81B; Backlog - Software and Services $11.93B; Guidance: Approximately $4.8 billion of backlog is expected to be recognized as revenue during 2026.open
Figures in the filing · each found in the filing text
| Backlog · FY2025 | $15.74B | +7% y/y |
| Backlog - Products and Systems Integration · Products and Systems Integration · FY2025 | $3.81B | |
| Backlog - Software and Services · Software and Services · FY2025 | $11.93B | |
| R&D Expenditure · FY2025 | $970M | +6% y/y |
| Employees · FY2025 | 23,000 | |
| Net Sales - Products and Systems Integration · Products and Systems Integration · FY2025 | $7.30B | |
| Net Sales - Software and Services · Software and Services · FY2025 | $4.40B | |
| Patents granted · FY2025 | 295 | |
| Total patents owned · FY2025 | 6,630 |
Guidance
Approximately $4.8 billion of backlog is expected to be recognized as revenue during 2026.
Backlog growth and acquisition activity indicate positive demand outlook; no explicit margin or capex guidance.
Risks flagged
Technology evolution risk
“The markets for certain products and services of ours are characterized by evolving technologies, industry standards and customer preferences.” · word for word
AI regulation risk
“The U.S. federal government and many state and local governments have adopted or are considering laws or regulations governing the use of AI and biometrics” · word for word
Supply chain disruption risk
“We currently procure certain materials and components, inclusive of memory, from single-source vendors. A material disruption from a single-source vendor may have a material adverse impact on our results of operations.” · word for word
11 Feb 20268-K · 2.02Non-GAAP EPS $4.59 (+14% y/y); Ending backlog $15.70B; Operating cash flow $1.30Bearningsopen
Figures in the filing · each found in the filing text
| Non-GAAP EPS · Q4-2025 | $4.59 | +14% y/y |
| Ending backlog · Q4-2025 | $15.70B | |
| Operating cash flow · Q4-2025 | $1.30B | |
| Free cash flow · Q4-2025 | $1.10B |
Risks flagged
Higher tariffs partially offset margin expansion; geopolitical uncertainty remains.
“partially offset by higher tariffs.” · word for word
30 Oct 202510-QMotorola Solutions reported Q3 2025 net sales of $3.0B, up 8% YoY, with operating earnings up 8%.earningsopen
Figures in the filing · each found in the filing text
| Net sales · Q3-2025 | $3.01B | +8% y/y |
| Net earnings attributable to Motorola Solutions, Inc. · Q3-2025 | $562M | 0% y/y |
Risks flagged
U.S. government shutdown
“A prolonged shutdown may impact our ability to ship and fulfill contracts for certain federal government customers, which may negatively impact our results of operations.” · word for word
Tariff cost pressure
“As a result of the dynamic tariff environment, we have experienced increased costs on materials and components” · word for word
Integration risk from acquisitions
“the $4.4 billion in cash used in the acquisition of Silvus.” · word for word
30 Oct 20258-K · 2.02Sales $3.01B (+8% y/y); GAAP EPS $3.33 (+1% y/y); Non-GAAP EPS $4.06 (+9% y/y); Guidance: Non-GAAP EPS raised to $15.09-$15.15 from $14.88-$14.98earningsopen
Figures in the filing · each found in the filing text
| Sales · Q3-2025 | $3.01B | +8% y/y |
| GAAP EPS · Q3-2025 | $3.33 | +1% y/y |
| Non-GAAP EPS · Q3-2025 | $4.06 | +9% y/y |
| Operating cash flow · Q3-2025 | $799M | +5% y/y |
| Free cash flow · Q3-2025 | $733M | +4% y/y |
| Backlog · Q3-2025 | $14.60B | +3% y/y |
| Products and Systems Integration segment sales · Products and Systems Integration · Q3-2025 | $1.90B | +6% y/y |
| Software and Services segment sales · Software and Services · Q3-2025 | $1.11B | +11% y/y |
| Non-GAAP operating margin · Q3-2025 | 30.5% |
Guidance
Non-GAAP EPS raised to $15.09-$15.15 from $14.88-$14.98
Raised full-year non-GAAP EPS guidance; maintained revenue guidance; Q4 revenue growth expected ~11%.
Risks flagged
Higher tariffs partially offset operating leverage gains.
“The increase in non-GAAP operating margin was driven by higher sales and improved operating leverage, partially offset by higher tariffs.” · word for word
Government contract awards
federal awards · contract value, often multi-year| Date | Agency | Value | What for |
|---|---|---|---|
| 2026-09-30 | Federal Prison System / Bureau of Prison | $7M | BODY-WORN CAMERAS AND DEMS SOFTWARE |
| 2026-09-25 | U.S. Customs and Border Protection | $5M | P00004: MODIFICATION TO EXERCISE OPTION YEAR THREE (3) |
| 2026-09-24 | U.S. Customs and Border Protection | $26M | LAND MOBILE RADIO INFRASTRUCTURE SERVICES |
| 2026-09-15 | Federal Prison System / Bureau of Prison | $140M | TASK ORDER FOR AN ENTERPRISE RADIO SYSTEM PROJECT IN ACCORDANCE WITH THE DHS TACCOM II MAC. |
| 2026-09-02 | U.S. Secret Service | $18M | THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OPTION PERIOD 2. |
| 2026-07-08 | U.S. Immigration and Customs Enforcement | $5M | THE PURPOSE OF THIS MODIFICATION TO FUND OPTION YEAR 3 AND MAINTAIN THE ICE TACTICAL COMMUNICATION INFRASTRUCTURE WHICH DELIVERS MISSION-CRITICAL, LIFESAVING, SECURE VOICE AND DATA |
| 2026-06-17 | Federal Bureau of Investigation | $7M | OTD20220230 REU GENERAL INFRASTRUCTURE EXERCISE OY 1 OF CONTRACT WITH MOTOROLA SOLUTIONS, INC. FOR LIFE CYCLE SUSTAINMENT SERVICES FOR THE FBI/DOJ MOTOROLA M3 RNI SYSTEM. THESE |
| 2026-04-08 | Defense Information Systems Agency | $8M | CNIC ENTERPRISE LAND MOBILE RADIO SUSTAINMENT SUPPORT |
| 2026-03-26 | Department of the Air Force | $7M | DEPARTMENT OF THE AIR FORCE ENTERPRISE LAND MOBILE RADIO (ELMR) LIFECYCLE MANAGEMENT AND SUSTAINMENT SERVICES |
| 2025-11-24 | Department of the Air Force | $7M | REQUIREMENTS DEPARTMENT OF THE AIR FORCE ENTERPRISE LAND MOBILE RADIO (ELMR) LIFECYCLE MANAGEMENT AND SUSTAINMENT SERVICES |
Motorola Solutions, Inc. — questions
- What did Motorola Solutions, Inc. file recently?
- 13 SEC filings in the last 12 months. Latest: 8-K on 2026-09-09 — Motorola Solutions Board authorized an additional $2.0B share repurchase, bringing total program to $20B with no expiration. Through July 4, 2026, company had repurchased ~$17.4B. Strong signal of capital return commitment.
Every figure on this page comes from Motorola Solutions, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.