Motorola Solutions Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $11.68B | $10.82B | $9.98B | $9.11B | $8.17B | $7.41B | $7.89B |
| Cost of Revenue | — | $5.65B | $5.31B | $5.01B | $4.88B | $4.13B | $3.81B | $3.96B |
| Gross Profit | — | $6.04B | $5.51B | $4.97B | $4.23B | $4.04B | $3.61B | $3.93B |
| Gross Margin | — | 51.7% | 51.0% | 49.8% | 46.4% | 49.4% | 48.7% | 49.8% |
| Operating Expenses | ||||||||
| Research & Development | — | $970.0M | $917.0M | $858.0M | $779.0M | $734.0M | $686.0M | $687.0M |
| SG&A Expense | — | $1.87B | $1.75B | $1.56B | $1.45B | $1.35B | $1.29B | $1.40B |
| Operating Income | — | $2.99B | $2.69B | $2.29B | $1.66B | $1.67B | $1.38B | $1.58B |
| Operating Margin | — | 25.6% | 24.8% | 23.0% | 18.2% | 20.4% | 18.7% | 20.0% |
| Interest Expense | — | $360.0M | $295.0M | $249.0M | $240.0M | $215.0M | $233.0M | $237.0M |
| Pretax Income | — | $2.81B | $1.97B | $2.15B | $1.52B | $1.55B | $1.17B | $1.00B |
| Income Tax Expense | — | $652.0M | $390.0M | $432.0M | $148.0M | $302.0M | $221.0M | $130.0M |
| Net Income | — | $2.15B | $1.58B | $1.71B | $1.36B | $1.25B | $949.0M | $868.0M |
| Net Margin | — | 18.4% | 14.6% | 17.1% | 15.0% | 15.2% | 12.8% | 11.0% |
| EPS (Basic) | — | $12.93 | $9.45 | $10.23 | $8.14 | $7.36 | $5.58 | $5.21 |
| EPS (Diluted) | — | $12.75 | $9.23 | $9.93 | $7.93 | $7.17 | $5.45 | $4.95 |
| Shares Outstanding (Basic) | 165.7M | 166.6M | 166.8M | 167.0M | 167.5M | 169.2M | 170.0M | 166.6M |
| Shares Outstanding (Diluted) | 165.7M | 169.0M | 170.8M | 172.1M | 171.9M | 173.6M | 174.1M | 175.6M |
| Dividends Per Share | — | $4.48 | $4.03 | $3.62 | $3.25 | $2.92 | $2.63 | $2.35 |