MSI
Motorola Solutions, Inc.363.83
-1.01-0.28%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Silvus guide up $75M; federal accelerates
Q&A revealed Silvus firing on all cylinders, with 2026 revenue raised to $675 million—$75 million above prior expectations—driven by Ukraine, unmanned systems, and international wins like UK/Germany. Federal traction sharpened via FedRAMP nods for SVX (15,000 shipped, robust funnel) and APEX Next, widening the TAM beyond state/local. Management affirmed 100bps operating margin expansion despite $60 million tariffs and pinned Command Center for another 15% growth via Assist Suites. Backlog ends strong at $3.8 billion in products, set to rise YoY on double-digit orders. Analysts flagged seasonality and memory; team dismissed headwinds, stressing durable demand. Investors watch Silvus ramp and AI adoption.
Key Stats
Market Cap
60.62BP/E (TTM)
29.25Basic EPS (TTM)
12.44Dividend Yield
0.01%Recent Filings
8-K
Peter Leav joins MSI board
Motorola Solutions expanded its board from eight to nine members, appointing Peter A. Leav as director and Compensation and Leadership Committee member effective March 12, 2026. Leav, senior advisor at TPG with CEO stints at McAfee, BMC Software, and Polycom, brings software and cybersecurity expertise. He gets standard non-employee pay: $20,416.67 monthly in deferred stock units. Board bolsters tech growth focus.
10-K
FY2025 results
Motorola Solutions posted FY2025 net sales of $11.7B, up 8% y/y, with Products and Systems Integration at $7.3B (+5%) and Software and Services at $4.4B (+13%), fueled by MCN growth across segments and Video/Command Center acceleration. Q4 momentum shone through $157M Hytera litigation gains and Silvus acquisition integration, lifting operating earnings to $3.0B (25.6% margin) despite higher amortization and incentives; diluted EPS hit $12.75 on 169M shares. Backlog swelled to $15.7B, up $1B y/y, with $4.8B due in 2026. Returned $1.9B to shareholders via $728M dividends (up 11% to $1.21/share) and $1.2B buybacks. Debt climbed to $9.2B post-Silvus financing, yet cash flow topped $2.8B. Supply chain tariffs threaten quarterly costs.
8-K
Record revenue, EPS, backlog.
Motorola Solutions crushed 2025 with record $11.7B sales (up 8%), $15.38 non-GAAP EPS (up 11%), $2.8B operating cash flow (up 19%), and $15.7B backlog (up $1B). Q4 sales hit $3.4B (up 12%) on strong software/services growth; shares repurchased aggressively. Backlog signals robust demand. Guides $12.7B revenue, $16.70-$16.85 non-GAAP EPS for 2026.
8-K
Lashier joins MSI board
Motorola Solutions expanded its board from seven to eight members, appointing Dr. Mark E. Lashier—Chairman and CEO of Phillips 66—effective November 18, 2025. Lashier joins the Governance and Nominating Committee, bringing 30+ years in energy leadership. New voice on the board. He'll receive standard non-employee director pay, including $20,416.67 monthly deferred stock units.
10-Q
Q3 FY2025 results
Motorola Solutions posted Q3 net sales of $3.0B, up 8% y/y, with gross margin steady at 51.6% and operating earnings climbing 8% to $770M (derived). Diluted EPS held flat at $3.33 amid minor anti-dilution from 0.1M options. Acquisitions fueled growth—Silvus closed August 2025 for $4.4B cash, recognizing $3.0B goodwill and $1.8B finite-lived intangibles (8-12 years)—while a $74M Hytera litigation gain offset $55M Silvus transaction fees. Cash dipped to $894M after $4.8B deals, offset by $2.7B debt raises; debt hit $9.3B including $1.5B term loans (5.25-5.30%). Free cash flow not disclosed in the 10-Q. Litigation drags on.
IPO
Employees
Sector
Industry
AVNW
Aviat Networks, Inc.
21.06+0.04
COMM
CommScope Holding Company, Inc.
18.35-0.68
CSCO
Cisco Systems, Inc.
77.55-0.70
ERIC
Ericsson
9.62+0.06
EXTR
Extreme Networks, Inc.
16.79-0.13
MSA
MSA Safety Incorporated
159.27-1.07
MTSI
MACOM Technology Solutions Hold
175.69+0.40
SONM
Sonim Technologies, Inc.
5.16-0.34
VIAV
Viavi Solutions Inc.
17.28-0.60
ZBRA
Zebra Technologies Corporation
261.17-4.12