Motorola Solutions
Connects mission-critical networks, video security, access control, and command-center software.
Something off on this page? Send us feedback.
Profile
Sells mission-critical networks, video security and access control, and command-center software to public-safety, defense, and enterprise customers. Devices, systems integration, subscriptions, and long-term support generate revenue, with North America providing most sales.
Builds Mission Critical Networks, Video Security and Access Control systems, and Command Center software for public-safety, defense, and enterprise customers. The network portfolio spans two-way radios, broadband and MANET equipment, while video offerings cover fixed, body-worn and in-vehicle cameras, access control, and analytics. D-Fend adds counter-drone detection and mitigation.
Operates through Products and Systems Integration and Software and Services. Revenue comes from devices and infrastructure, installation and integration, cloud and on-premises software, subscriptions, maintenance, cybersecurity, and managed networks. Long system lives support recurring upgrades and services. Most sales come from North America, with operations and customers worldwide.
Links radio, video, access-control, and dispatch data into integrated safety workflows. Demand depends heavily on government procurement and multi-year contracts; delivery also relies on regulated spectrum, outsourced manufacturing, and some single-source components.
Company facts
Key statistics
Year to date +27.5% · Average volume (30d) 921.9K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 26, 2026 | Evercore ISI | Reiterate | Outperform | $525 | $550 |
| Aug 7, 2026 | Truist Financial | Target | $525 | $545 | |
| Aug 6, 2026 | Morgan Stanley | Reiterate | Overweight | $470 | $476 |
| Aug 6, 2026 | UBS | Reiterate | Buy | $520 | |
| Aug 6, 2026 | Barclays | Reiterate | Overweight | $506 | $529 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026Q2 FY26 | $3.85 | $4.41 | +14.5% | $3.00B | $3.13B | +4.4% | +8.20% |
| May 7, 2026Q1 FY26 | $3.24 | $3.37 | +4.0% | $2.70B | $2.71B | +0.6% | −11.36% |
| Feb 11, 2026Q4 FY25 | $4.35 | $4.59 | +5.5% | $3.34B | $3.38B | +1.1% | +7.67% |
| Oct 30, 2025Q3 FY25 | $3.85 | $4.06 | +5.5% | $2.99B | $3.01B | +0.7% | −5.85% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.53B | $2.77B | $3.01B | $3.38B | $2.71B | $3.13B | |
| Gross profit | $1.30B | $1.41B | $1.50B | $1.65B | $1.29B | $1.68B | |
| Operating income | $582.0M | $692.0M | $782.0M | $879.0M | $595.0M | $809.0M | |
| Net income | $430.0M | $513.0M | $562.0M | $649.0M | $366.0M | $557.0M | |
| Diluted EPS | $2.53 | $3.04 | $3.33 | $3.86 | $2.18 | $3.33 | |
| Gross margin | 51.4% | 51.1% | 49.9% | 48.7% | 47.4% | 53.6% | |
| Operating margin | 23.0% | 25.0% | 26.0% | 26.0% | 21.9% | 25.8% |
Fiscal years (4-quarter sums)FY21 $8.17B · FY22 $9.11B · FY23 $9.98B · FY24 $10.82B · FY25 $11.68B
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jul 4, 2026Cash & short-term investments $710.0M · Total debt $9.62B · Total assets $19.24B · Shareholders' equity $2.67B
Dividends
Raised for 14 straight years — most recently to $1.21 from $1.09 in Dec 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 17, 2026 | Jun 17 | Jul 15 | $1.21 | |
| Mar 20, 2026 | Mar 20 | Apr 15 | $1.21 | |
| Dec 15, 2025 | Dec 15 | Jan 15 | $1.21 | raised from $1.09 |
| Sep 15, 2025 | Sep 15 | Oct 15 | $1.09 | |
| Jun 13, 2025 | Jun 13 | Jul 15 | $1.09 | |
| Mar 14, 2025 | Mar 14 | Apr 15 | $1.09 | |
| Dec 13, 2024 | Dec 13 | Jan 15 | $1.09 | raised from $0.98 |
| Sep 13, 2024 | Sep 13 | Oct 15 | $0.98 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 166.00M · Float 165.24M · 99.5% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 15.90M | 9.58% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 10.84M | 6.53% | 13F | Aug 13, 2026 |
| Vanguard Portfolio Management LLC | 9.71M | 5.85% | 13F | Aug 13, 2026 |
| State Street Corp | 7.85M | 4.73% | 13F | Aug 7, 2026 |
| Geode Capital Management, LLC | 4.14M | 2.49% | 13F | Aug 12, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 21, 2026 | Kathryn A. Moore | officer: SVP, HUMAN RESOURCES | −1,004 | $476.96 |
| Aug 12, 2026 | Ayanna Howard | director | −685 | $469.52 |
| Aug 7, 2026 | Katherine A. Maher | officer: CVP and CAO | −1,754 | $469.77 |
| Mar 4, 2026 | Gregory Q. Brown | director, officer: Chairman and CEO | −28,435 | $477.95 |
| Feb 27, 2026 | Cynthia Yazdi | officer: SVP, COS to the Chairman & CEO | −7,260 | $479.30 |
Peers
- L3Harris Technologies
Dominant rival in mission-critical radios, MANET, and defense comms.
- Axon Enterprise
Head-to-head in police video, evidence cloud, and command-center AI.
- Tyler Technologies
Largest US public-sector SaaS vendor; contests CAD, RMS, and NG911.
- Honeywell Technologies
Video security, access control, and integrated building safety rival.
- Johnson Controls
Global building security rival in access control, cameras, and VMS.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Motorola Solutions | $461.92 | −4.94% | $80.67B | 38.3 | 26.8 | 6.6 | +13.3% |
| L3Harris Technologies | $262.82 | +0.01% | $48.94B | 26.5 | 21.3 | 2.1 | +8.4% |
| Axon Enterprise | $601.00 | −0.05% | $48.42B | 249.0 | 67.0 | 15.0 | +35.3% |
| Tyler Technologies | $379.74 | +0.48% | $15.48B | 50.1 | 26.4 | 6.4 | −6.1% |
| Honeywell Technologies | $217.85 | +0.18% | $68.91B | 8.4 | 23.7 | 1.9 | −49.9% |
| Johnson Controls | $139.59 | +0.01% | $84.56B | 24.3 | 24.2 | 3.4 | +9.3% |
| Median | 26.5 | 24.2 | 3.4 | +8.4% |