MSI · XBRL financial data

Motorola Solutions financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (MSI's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 30, 2024	Q2 FY24Jun 29, 2024	Q3 FY24Sep 28, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 29, 2025	Q2 FY25Jun 28, 2025	Q3 FY25Sep 27, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Apr 4, 2026	Q2 FY26Jul 4, 2026
Revenue from contracts with customers	2,556	2,849*	2,389	2,628	2,790	3,011*	2,528	2,765	3,009	3,380*	2,714	3,133
Cost of goods and services sold	1,276	1,394*	1,197	1,289	1,357	1,462*	1,228	1,352	1,455	1,612*	1,352	1,455
Gross profit	1,280	1,455*	1,192	1,339	1,433	1,549*	1,300	1,413	1,554	1,768*	1,362	1,678
Research and development	215	218*	218	220	234	246*	233	231	237	270*	252	260
Selling, general and administrative	380	423*	397	430	439	487*	436	450	485	499*	439	496
Other operating income (expense)	(46)	(76)*	(58)	(45)	(49)	(2)*	(49)	(40)	(62)	(55)*	(146)	(113)
Operating income (loss)	639	738*	519	644	711	814*	582	692	770	944*	525	809
Interest expense	60	63*	61	87	73	74*	69	71	103	117*	111	109
Other income (expense)	7	22*	(565)	5	42	30*	16	43	41	26*	20	36
Income tax expense (benefit)	127	111*	(52)	135	132	176*	115	165	161	210*	73	184
Net income (loss)	464	596*	(39)	443	562	611*	430	513	562	649*	366	557
Earnings per share, basic USD per share	2.78	3.58*	(0.23)	2.65	3.36	3.66*	2.58	3.08	3.37	3.91*	2.21	3.36
Earnings per share, diluted USD per share	2.70	3.48*	(0.23)	2.60	3.29	3.48*	2.53	3.04	3.33	3.85*	2.18	3.33
Weighted average shares, basic millions of shares	167	166*	166	167	167	167*	167	167	167	166*	166	166
Weighted average shares, diluted millions of shares	172	172*	166	170	171	175*	170	169	169	168*	168	167

Balance sheet

CSV

Fiscal quarters (MSI's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 30, 2024	Q2 FY24Jun 29, 2024	Q3 FY24Sep 28, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 29, 2025	Q2 FY25Jun 28, 2025	Q3 FY25Sep 27, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Apr 4, 2026	Q2 FY26Jul 4, 2026
Cash and cash equivalents	910	1,705	1,512	1,381	1,404	2,102	1,564	3,206	894	1,165	886	710
Accounts receivable	1,667	1,710	1,592	1,762	1,848	1,952	1,770	1,852	2,018	2,200	2,046	2,160
Inventory	959	827	840	803	816	766	833	861	943	983	1,181	1,333
Total current assets	5,032	5,725	5,521	5,571	5,808	6,479	5,899	7,714	5,811	6,300	5,951	6,132
Property and equipment, net	—	964	—	—	—	1,022	—	—	—	1,165	—	—
Right-of-use asset	453	495	534	527	551	529	521	590	577	581	609	571
Goodwill	3,278	3,401	3,410	3,400	3,523	3,526	3,841	3,840	6,776	6,800	6,885	6,883
Total assets	12,436	13,336	13,326	13,345	13,889	14,595	14,433	16,412	18,799	19,389	19,080	19,242
Accounts payable	722	881	822	861	872	1,018	845	913	940	1,134	928	957
Accrued liabilities	1,355	1,504	1,601	1,366	1,529	1,643	1,772	1,465	1,717	1,930	1,785	1,666
Current portion of long-term debt	—	1,313	313	565	322	322	—	70	0	0	—	—
Total current liabilities	5,288	5,736	4,626	4,644	4,665	5,055	4,922	4,464	5,659	6,078	5,559	5,579
Long-term debt	4,704	4,705	5,994	5,743	5,674	5,675	5,677	7,661	8,411	8,413	8,415	8,417
Lease liability, non-current	368	407	447	421	444	427	412	472	469	471	494	442
Retained earnings	1,326	1,640	1,399	1,607	1,974	2,300	2,223	2,335	2,594	2,549	2,596	2,627
Total stockholders' equity	362	724	521	802	1,326	1,703	1,641	1,968	2,327	2,410	2,544	2,672
Total liabilities and equity	12,436	13,336	13,326	13,345	13,889	14,595	14,433	16,412	18,799	19,389	19,080	19,242
Common shares outstanding (cover page) millions of shares	166	166	167	167	167	167	167	167	167	166	166	165

Cash flows

CSV

Fiscal quarters (MSI's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 30, 2024	Q2 FY24Jun 29, 2024	Q3 FY24Sep 28, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 29, 2025	Q2 FY25Jun 28, 2025	Q3 FY25Sep 27, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Apr 4, 2026	Q2 FY26Jul 4, 2026
Net income (loss)	464	596*	(39)	443	562	611*	430	513	562	649*	366	557
Stock-based compensation	52*	52*	56	63*	61*	63*	66	74*	73*	80*	100	104*
Depreciation and amortization	86*	85*	83	83*	84*	86*	81	86*	115*	143*	143	148*
Net cash from operating activities	714*	1,245*	382	180*	759*	1,070*	510	273*	798*	1,256*	451	469*
Net cash from investing activities	(61)*	(242)*	(47)	(71)*	(282)*	(107)*	(477)	(60)*	(4,435)*	(192)*	(183)	(151)*
Proceeds from issuing common stock	40*	28*	(5)	6*	18*	56*	(90)	53*	—	year only	(6)	(3)*
Share repurchases	306	134*	39	71*	31*	103*	325	218*	121*	490*	118	331*
Dividends paid	147	146*	163	163	164	164*	182	182	182	182*	201	201
Repayments of long-term debt	0*	0*	1,593	0*	313*	0*	0	252*	70*	0*	—	—
Net cash from financing activities	(414)*	(252)*	(512)	(231)*	(491)*	(214)*	(597)	1,375*	1,333*	(802)*	(525)	(474)*
Net change in cash	200*	795*	(193)	(131)*	23*	698*	(538)	1,642*	(2,312)*	271*	(279)	(176)*

Compare with peers

SIC 3663 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3663 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Motorola Solutions	710	3,133	469*	165.5M	Q2 FY26 10-QJul 4, 2026
Qualcomm	4,533	9,947	991*	1.1B	Q3 FY26 10-QJun 28, 2026
Fabrinet	392	1,474	21	35.7M	Q1 FY27 10-QSep 25, 2026
Lumentum Holdings	1,272	1,263	268	90.7M	Q1 FY27 10-QSep 26, 2026

Not investment advice. Not affiliated with the U.S. SEC.