Motorola Solutions, Inc. income statement MSI

In Q3 of fiscal 2026, the quarter ended Oct 3, 2026, Motorola Solutions, Inc. reported revenue of $3.4 billion, up 12.2% from the same quarter a year earlier. Net income was $512.0 million, a profit margin of 15.2%. Operating income came to $777.0 million, an operating margin of 23.0%. Diluted earnings per share were $3.06.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Oct 3, 2026
Q3 FY2026
Oct 3, 2026
Q2 FY2026
Jul 4, 2026
Q1 FY2026
Apr 4, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 27, 2025
Q2 FY2025
Jun 28, 2025
Q1 FY2025
Mar 29, 2025
Q4 FY2024
Dec 31, 2024
Revenue
12,603
+11.4%
3,376
+12.2%
3,133
+13.3%
2,714
+7.4%
3,380
+12.3%
3,009
+7.8%
2,765
+5.2%
2,528
+5.8%
3,011
+5.7%
Cost of revenue
6,027
+9.6%
1,608
+10.5%
1,455
+7.6%
1,352
+10.1%
1,612
+10.3%
1,455
+7.2%
1,352
+4.9%
1,228
+2.6%
1,462
+4.9%
Gross profit
6,576
+13.1%
1,768
+13.8%
1,678
+18.8%
1,362
+4.8%
1,768
+14.1%
1,554
+8.4%
1,413
+5.5%
1,300
+9.1%
1,549
+6.5%
Research and development
1,058
+11.8%
276
+16.5%
260
+12.6%
252
+8.2%
270
+9.8%
237
+1.3%
231
+5.0%
233
+6.9%
246
+12.8%
Selling, general and administrative
1,938
+4.3%
504
+3.9%
496
+10.2%
439
+0.7%
499
+2.5%
485
+10.5%
450
+4.7%
436
+9.8%
487
+15.1%
Other operating income (expense)
-525
-240.9%
-211
-240.3%
-113
-182.5%
-146
-198.0%
-55
-2650.0%
-62
-26.5%
-40
+11.1%
-49
+15.5%
-2
+97.4%
Restructuring and impairment
57
-8.1%
12
-14.3%
15
+7.1%
15
-11.8%
15
-11.8%
14
+100.0%
14
+250.0%
17
+70.0%
17
-45.2%
Operating income
3,055
+6.9%
777
+0.9%
809
+16.9%
525
-9.8%
944
+16.0%
770
+8.3%
692
+7.5%
582
+12.1%
814
+10.3%
Interest income
30
-56.5%
9
-47.1%
6
-62.5%
7
-61.1%
7
-61.1%
17
+13.3%
16
-11.1%
18
+5.9%
18
+63.6%
Interest expense
425
+71.4%
107
+24.4%
103
+87.3%
104
+103.9%
110
+96.4%
86
+48.3%
55
51
56
Pretax income
2,720
-0.7%
678
-6.5%
742
+9.1%
441
-19.4%
860
+9.1%
725
+4.3%
680
+17.2%
547
+707.8%
788
+11.3%
Income tax
630
+1.9%
164
+1.9%
184
+11.5%
73
-36.5%
210
+19.3%
161
+22.0%
165
+22.2%
115
+321.2%
176
+58.6%
Net income
2,084
-1.5%
512
-8.9%
557
+8.6%
366
-14.9%
649
+6.2%
562
+0.0%
513
+15.8%
430
+1202.6%
611
+2.5%
Basic EPS
12.57
-0.9%
3.09
-8.3%
3.36
+9.1%
2.21
-14.3%
3.91
+6.9%
3.37
+0.3%
3.08
+16.2%
2.58
+1221.7%
3.66
+2.1%
Diluted EPS
12.42
-0.3%
3.06
-8.1%
3.33
+9.5%
2.18
-13.8%
3.85
+8.1%
3.33
+1.2%
3.04
+16.9%
2.53
+1200.0%
3.57
+2.8%
Weighted average shares, basic
166
-0.7%
166
-0.7%
166
-0.6%
166
-0.7%
166
-0.6%
167
-0.3%
167
-0.1%
167
+0.4%
167
+0.4%
Weighted average shares, diluted
168
-1.2%
167
-0.9%
167
-0.9%
168
-1.1%
168
-1.7%
169
-1.1%
169
-0.9%
170
+2.1%
171
-0.2%
Other measures
Depreciation and amortization
584
+58.7%
150
+30.4%
148
+72.1%
143
+76.5%
143
+66.3%
115
+36.9%
86
+3.6%
81
-2.4%
86
+1.2%
EBITDA
3,639
+12.8%
927
+4.7%
957
+23.0%
668
+0.8%
1,087
+20.8%
885
+11.3%
778
+7.0%
663
+10.1%
900
+9.4%
Interest coverage
7.19x
7.26x
7.85x
5.05x
8.58x
8.95x
12.58x
11.41x
14.54x
Margins
Gross margin
52.18%
52.37%
53.56%
50.18%
52.31%
51.65%
51.10%
51.42%
51.44%
Operating margin
24.24%
23.02%
25.82%
19.34%
27.93%
25.59%
25.03%
23.02%
27.03%
Pretax margin
21.58%
20.08%
23.68%
16.25%
25.44%
24.09%
24.59%
21.64%
26.17%
Profit margin
16.54%
15.17%
17.78%
13.49%
19.20%
18.68%
18.55%
17.01%
20.29%
EBITDA margin
28.87%
27.46%
30.55%
24.61%
32.16%
29.41%
28.14%
26.23%
29.89%
Effective tax rate
23.16%
24.19%
24.80%
16.55%
24.42%
22.21%
24.26%
21.02%
22.34%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Radio & Tv Broadcasting & Communications Equipment (SIC 3663)
Listed as
MSI (NYSE)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Chicago, IL
SEC filer status
Large accelerated filer
SEC CIK
68505
Former names
MOTOROLA INC (until Jan 3, 2011)

Other Radio & Tv Broadcasting & Communications Equipment companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.