10-KPeriod: FY2025

Motorola Solutions, Inc. Annual Report, Year Ended Dec 31, 2025

Filed February 12, 2026For Securities:MSI

Summary

Motorola Solutions, Inc. (MSI) reported a strong financial year for 2025, demonstrating significant growth and strategic expansion. The company achieved net sales of $11.7 billion, an increase of 8% year-over-year, driven by robust performance across both its Products and Systems Integration segment (up 5%) and Software and Services segment (up 13%). This growth was fueled by strategic acquisitions, most notably the significant investment in Silvus Technologies for $4.4 billion, enhancing its Mission Critical Networks (MCN) capabilities, and a series of other acquisitions aimed at bolstering its Video Security and Command Center offerings. Profitability also saw a substantial increase, with operating earnings rising 11% to $3.0 billion and net earnings attributable to Motorola Solutions, Inc. growing to $2.2 billion, or $12.75 per diluted share. The company's focus on an integrated ecosystem of safety and security technologies, leveraging AI-powered capabilities, continues to resonate with its public safety, government, and enterprise customers. MSI also returned significant capital to shareholders, with $1.9 billion distributed through dividends and share repurchases, alongside an 11% increase in its quarterly dividend. The company ended the year with a strong backlog of $15.7 billion, indicating positive momentum for future revenue.

Financial Highlights

55 data points
Beta

Revenue

$11.68B

51.7% Gross Margin

Net Income

$2.15B

18.4% Net Margin

EPS (Diluted)

$12.75

Total Assets

$19.39B

Cash & Equivalents

$1.17B

Free Cash Flow

$2.84B

Financial Statements
Beta
Revenue$11.68B
Cost of Revenue$5.65B
Gross Profit$6.04B
R&D Expenses$970.00M
SG&A Expenses$1.87B
Operating Income$2.99B
Interest Expense$360.00M
Net Income$2.15B
EPS (Basic)$12.93
EPS (Diluted)$12.75
Shares Outstanding (Basic)166.60M
Shares Outstanding (Diluted)169.00M

Key Highlights

  • 1Net sales increased by 8% to $11.7 billion in 2025, driven by growth in both segments.
  • 2Operating earnings grew by 11% to $3.0 billion, reflecting improved profitability.
  • 3Net earnings attributable to Motorola Solutions, Inc. increased to $2.2 billion, or $12.75 per diluted share.
  • 4The company completed the significant acquisition of Silvus Technologies for $4.4 billion, strengthening its Mission Critical Networks (MCN) capabilities.
  • 5Total backlog reached $15.7 billion, up $1.0 billion from the previous year, signaling strong future demand.
  • 6Motorola Solutions returned $1.9 billion to shareholders through dividends ($728 million) and share repurchases ($1.2 billion).
  • 7The quarterly dividend was increased by 11% to $1.21 per share.

Frequently Asked Questions

Revenue growth was primarily driven by an 8% overall increase, with the Software and Services segment showing particularly strong growth at 13%, while the Products and Systems Integration segment grew by 5%. This growth was supported by contributions from recent acquisitions, including Silvus Technologies, and organic growth across its Mission Critical Networks (MCN), Video Security, and Command Center technologies.

The acquisition of Silvus Technologies for $4.4 billion in August 2025 significantly enhanced Motorola Solutions' Mission Critical Networks (MCN) capabilities, particularly in mobile ad-hoc network (MANET) technology. This strategic move is expected to drive future growth by expanding the company's portfolio and strengthening its position in defense and public safety markets.

The company anticipates continued growth across its integrated ecosystem of MCN, Video, and Command Center technologies. It expects customers will increasingly adopt these integrated solutions to modernize operations and bridge data silos. Investments in intelligent network footprints, advancements in video analytics, and the expansion of cloud-based command center solutions are key growth drivers.

Motorola Solutions demonstrated a commitment to shareholder returns by distributing approximately $1.9 billion in capital through dividends ($728 million) and share repurchases ($1.2 billion). Additionally, the company increased its quarterly dividend by 11% to $1.21 per share, signaling confidence in its financial performance and future cash generation.