MOTOROLA SOLUTIONS, INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 9,162 | 79.2 |
| Stockholders' equity | 2,410 | 20.8 |
| Total capitalization | 11,572 | 100.0 |
165,493,788 shares outstanding at 31 July 2026 (cover page of the 10-Q filed 5 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, noncurrent | 8,413 |
| Current maturities | 0 |
| Short-term borrowings / commercial paper | 749 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 600,000,000 |
| Common shares issued | 167,400,000 |
| Par or stated value per share ($) | 0.01 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 7/31/26 | 165,493,788 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 4.48 | 35.1 |
| 2024 | 4.03 | 43.7 |
| 2023 | 3.62 | 36.5 |
| 2022 | 3.25 | 41.0 |
| 2021 | 2.92 | 40.7 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware. Formerly known as MOTOROLA INC (to 3 January 2011).
BUSINESS: Classified by the SEC under Standard Industrial Classification 3663, Radio & Tv Broadcasting & Communications Equipment. Large accelerated filer. Principal executive office: 500 W. Monroe St., Chicago, IL 60661. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 11,682 | 10,817 | 9,978 |
| Cost of revenues | 5,647 | 5,305 | 5,008 |
| Gross profit | 6,035 | 5,512 | 4,970 |
| Research and development | 970 | 917 | 858 |
| Selling, general and administrative | 1,870 | 1,752 | 1,561 |
| Depreciation and amortization | 425 | 336 | 356 |
| Operating income | 2,988 | 2,688 | 2,294 |
| Interest expense | 360 | 295 | 249 |
| Income before income taxes | 2,812 | 1,972 | 2,146 |
| Income taxes | 652 | 390 | 432 |
| Net income | 2,154 | 1,577 | 1,709 |
| Earned per share, diluted ($) | 12.75 | 9.23 | 9.93 |
| Dividends per share ($) | 4.48 | 4.03 | 3.62 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 1,165 | 2,102 |
| Receivables, net | 2,200 | 1,952 |
| Inventories | 983 | 766 |
| Total current assets | 6,300 | 6,479 |
| Property, plant and equipment, net | 1,165 | 1,022 |
| Goodwill | 6,800 | 3,526 |
| Total assets | 19,389 | 14,595 |
| Total current liabilities | 6,078 | 5,055 |
| Long-term debt | 8,413 | 5,675 |
| Stockholders' equity | 2,410 | 1,703 |
| Total liabilities and equity | 19,389 | 14,595 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 11,682 | 2,988 | 2,154 | 18.4 | 12.75 | 4.48 | 2,837 | 265 | 2,572 | 19,389 | 16,962d | 9,162 | 2,410 | 89.4 | 3.80 |
| 12/31/24 | 10,817 | 2,688 | 1,577 | 14.6 | 9.23 | 4.03 | 2,391 | 257 | 2,134 | 14,595 | 12,876d | 5,997 | 1,703 | 92.6 | 3.52 |
| 12/31/23 | 9,978 | 2,294 | 1,709 | 17.1 | 9.93 | 3.62 | 2,044 | 253 | 1,791 | 13,336 | 12,597d | 6,018 | 724 | 236.0 | 8.31 |
| 12/31/22 | 9,112 | 1,661 | 1,363 | 15.0 | 7.93 | 3.25 | 1,823 | 256 | 1,567 | 12,814 | 12,683d | 6,014 | 116 | 1175.0 | 51.84 |
| 12/31/21 | 8,171 | 1,667 | 1,245 | 15.2 | 7.17 | 2.92 | 1,837 | 243 | 1,594 | 12,189 | 12,212d | 5,693 | (40) | -3112.5 | -142.32 |
| 12/31/20 | 7,414 | 1,383 | 949 | 12.8 | 5.45 | 2.63 | 1,613 | 217 | 1,396 | 10,876 | 11,417d | 5,175 | (558) | -170.1 | -9.27 |
| 12/31/19 | 7,887 | 1,581 | 868 | 11.0 | 4.95 | 2.35 | 1,823 | 248 | 1,575 | 10,642 | 11,325d | 5,129 | (700) | -124.0 | -7.33 |
| 12/31/18 | 7,343 | 1,255 | 966 | 13.2 | 5.62 | 2.13 | 1,075 | 197 | 878 | 9,409 | 10,685d | 5,320 | (1,293) | -74.7 | -4.11 |
| 12/31/17 | 6,380 | 1,284 | (155) | -2.4 | (0.95) | 1.93 | 1,346 | 227 | 1,119 | 8,208 | 9,935d | 4,471 | (1,742) | 8.9 | -2.57 |
| 12/31/16 | 6,038 | 1,048 | 560 | 9.3 | 3.24 | 1.70 | 1,165 | 271 | 894 | 8,463 | 9,415d | 4,396 | (964) | -58.1 | -4.56 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
Motorola Solutions, Inc.
CIK 68505 · EIN 36-1115800
PRINCIPAL OFFICE:
500 W. Monroe St., Chicago, IL 60661
Tel.: 8475765000
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
3663 · Radio & Tv Broadcasting & Communications Equipment
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 12 February 2026
FORMER NAMES:
MOTOROLA INC
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/12/26) · 10-K FY2024 (filed 2/14/25) · 10-K FY2023 (filed 2/15/24) · 10-K FY2022 (filed 2/16/23) · 10-K FY2021 (filed 2/16/22) · 10-K FY2020 (filed 2/12/21) · 10-K FY2019 (filed 2/14/20) · 10-K FY2018 (filed 2/15/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.