Research memoMotorola Solutions, Inc. (MSI) · NYSEMemo of October 16, 2026

Motorola Solutions earnings: date and guidance

Motorola Solutions' next results are expected on October 29, 2026. Watch whether earnings become cash after D-Fend.

October 29, 2026
Next results
3,133
Revenue, quarter to Jul 2026 (US$ millions)
3.33
EPS, diluted, quarter to Jul 2026
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Every number traced to Motorola Solutions's filings8 chapters · 16,896 words244 sources cited

What has Motorola Solutions guided for 2026?

Motorola promises another year of growth, higher profitability and strong cash generation. For 2026, management guides to revenue of $12,975 million and non-GAAP earnings per share of $17.62–$17.72.

Management expects growth across the company. Products and Systems Integration and Software and Services are each guided to grow 11%. Mission-critical networks are expected to grow 10–11%, video 11%, and command-center software 15%. Silvus, which supplies communications technology for connected military equipment and unmanned systems, is expected to contribute $850 million of revenue.

Revenue by quarter (US$ millions)2,790Sep 20243,010Dec 20242,528Mar 20252,765Jun 20253,009Sep 20253,380Dec 20252,714Apr 20263,133Jul 2026Revenue
Guidance in forceUS$ millions
Period guidedLowHighDate given
RevenueYear to Dec 202612,97512,975Aug 5, 2026
Non-GAAP EPSYear to Dec 202617.6217.72Aug 5, 2026
Free Cash FlowYear to Dec 20262,7252,725Aug 5, 2026
Products and SI growthYear to Dec 202611.0%11.0%Aug 5, 2026
Software and Services growthYear to Dec 202611.0%11.0%Aug 5, 2026
Operating margins expansion (basis points)Year to Dec 2026170170Aug 5, 2026

What this means. D-Fend's 185 million dollars is its standalone full-year sales target, not the amount expected to be added to the company's combined sales after the acquisition.

Has Motorola Solutions kept its past promise?

MSI forecast about 5.5% revenue growth in February 2025 and later delivered 8%. Acquisitions, particularly Silvus, contributed to that result, so shareholders should distinguish improvement in existing operations from revenue bought through deals.

What has Motorola Solutions' revenue and profit done recently?

The same pattern appeared in 2026. First-quarter reported growth was 7%, against organic growth of negative 1%. Second-quarter reported growth reached 13%, while organic growth was 5%. The established business recovered, but acquisitions supplied much of the acceleration.

The last eight quartersUS$ millions
Jul 2026Apr 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue3,1332,7143,3803,0092,7652,5283,0102,790
Gross margin53.6%50.2%52.3%51.6%51.1%51.4%51.4%51.4%
Operating income809525944770692582814711
Net income557366649562513430611562
EPS, diluted3.332.183.863.333.042.533.563.29

What this means. Operating income in July 2026 is higher because it includes a one-time 60 million dollar refund of import taxes, so it may not show the company's usual profit.

What should investors watch in Motorola Solutions' next results?

The next earnings checkpoint is October 29, 2026, according to public earnings calendars. Compare the third-quarter result with management’s 8% revenue-growth target. Then examine cash generation and borrowing after D-Fend. A revenue beat accompanied by heavier inventory and weaker cash would be less encouraging than a beat paid for by customers.

From the full memo · 1. The business

Motorola Solutions sells the systems that help public-safety agencies and businesses communicate, see trouble, coordinate a response and preserve what happened. Its business begins with equipment and implementation, then extends into software, services and upgrades—but the path from a contract to cash is longer than a sale.

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