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Screener / SEC EDGAR /CIK 0000068505 /10-K filed Feb 12, 2026, compared with Feb 14, 2025 /Numbers from the XBRL of the 10-Ks
Technology peers:
PANWANETMSIADINXPISTX
NYSE Technology · Communications Equipment

Motorola Solutions MSI

MSI quote by TradingView

Motorola Solutions is a global leader in mission-critical safety and security technologies for public safety, government, including defense, and enterprise customers. 10-K, Item 1

Employees
23,000
Headquarters
Chicago, IL
CEO
Gregory Q. Brown
Next results
around Feb 10, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $11.7B through the costs to a net profit of $2.2B · income statement of the 10-K

26% operating margin
Revenue to Gross profit: $6.0BRevenue to Cost of revenue: $5.6BGross profit to Operating profit: $3.0BGross profit to Operating expenses: $3.0BOperating profit to Net profit: $2.2BOperating profit to Tax & other: $834.0MOperating expenses to R&D: $970.0MOperating expenses to Sales, admin & other: $2.1B Revenue: $11.7B REVENUE $11.7B +8% Y/Y Gross profit: $6.0B · 52% margin GROSS PROFIT $6.0B 52% margin · +9% Y/Y Cost of revenue: $5.6B · 48% of revenue COST OF REVENUE $5.6B 48% of revenue Operating profit: $3.0B · 26% margin OPERATING PROFIT $3.0B 26% margin · +11% Y/Y Operating expenses: $3.0B · 26% of revenue OPERATING EXPENSES $3.0B 26% of revenue Net profit: $2.2B · 18% margin NET PROFIT $2.2B 18% margin · +37% Y/Y Tax & other: $834.0M · 7% of revenue TAX & OTHER $834.0M 7% of revenue R&D: $970.0M · 8% of revenue R&D $970.0M 8% of revenue Sales, admin & other: $2.1B · 18% of revenue SALES, ADMIN & OTHER $2.1B 18% of revenue
Gross profit $6.0B 52% margin · +9% Y/Y
Operating profit $3.0B 26% margin · +11% Y/Y
Net profit $2.2B 18% margin · +37% Y/Y
The full income statement, year by year

MSI among Technology peers

Six ratios from the latest 10-K. Each corner is the share of 74 peers the company is above, not a score.

Compare
Revenue growth: 8.0%, above 26% of 74 peers (their median 14.1%) REVENUE GROWTH 8.0% · above 26% Gross margin: 52.2%, above 39% of 67 peers (their median 58.0%) GROSS MARGIN 52.2% · above 39% Operating margin: 24.2%, above 51% of 70 peers (their median 22.2%) OPERATING MARGIN 24.2% · above 51% Net margin: 16.5%, above 45% of 74 peers (their median 19.2%) NET MARGIN 16.5% · above 45% FCF margin: 20.1%, above 41% of 70 peers (their median 23.7%) FCF MARGIN 20.1% · above 41% Return on capital: 17.4%, above 74% of 61 peers (their median 12.6%) RETURN ON CAPITAL 17.4% · above 74%
MSI Peer median Below the median

What changed

7 new risk paragraphs and 2 accounting facts worth reading about. 10-K filed Feb 12, 2026 against Feb 14, 2025.

Risk factors
7 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Inventory growing faster than revenue
Inventory +28.3% vs revenue +8.0% (+20.3 pts)
10-K · XBRL
Critical audit matters changed
New this year: Acquisition of Silvus - Valuation of Certain Customer Relationships and Certain Developed Technology (“As described in Note 15 to the consolidated financial statements, on August 6, 2025, the Company acquired Silvus for a purchase price of $4.4 billion, net of cash acquired, purchase price adjustments, and contingent earnout consideration. Of the acquired identifiable intangible assets, $820 million ”). Same as last year: Revenue Recognition - Estimated Costs to Complete for Certain System Contracts
10-K · XBRL
Accounting checks
9 other checks clear, 2 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

2facts worth reading about the other 9 checks found nothing to note

  • Inventory growing faster than revenue
    Inventory +28.3% vs revenue +8.0% (+20.3 pts)
  • Critical audit matters changed
    New this year: Acquisition of Silvus - Valuation of Certain Customer Relationships and Certain Developed Technology (“As described in Note 15 to the consolidated financial statements, on August 6, 2025, the Company acquired Silvus for a purchase price of $4.4 billion, net of cash acquired, purchase price adjustments, and contingent earnout consideration. Of the acquired identifiable intangible assets, $820 million ”). Same as last year: Revenue Recognition - Estimated Costs to Complete for Certain System Contracts
  • Receivables +12.7% vs revenue +8.0% (+4.7 pts)
8 more checks with nothing to note
  • Cash from operations $2.8B vs net income $2.2B (FY ending Dec 31, 2025)
  • Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

7 paragraphs in Risk Factors that were not in the 10-K filed Feb 14, 2025. Quoted as filed.

All 7 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
    Our business with U.S. government customers depends, in part, upon our customers’ continued expenditures on programs in areas we support such as law enforcement and national security. These expenditures have not remained constant over time, have been and in the future may be reduced in certain periods, and have been and in the future…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 14, 2025 10-K, ITEM 1A
    While the 2025 enactment of the One Big Beautiful Bill Act (“OBBBA”) introduced several taxpayer-favorable provisions, such as the restoration of immediate expensing for qualified domestic research and experimental expenditures, it has also added complexity to the U.S. tax code. For example, the interplay between new domestic incentives…

New risk paragraphs, against peers

Latest 10-K of each, Technology companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$9.1B$10.0B$10.8B$11.7B
Net income$1.4B$1.7B$1.6B$2.2B
Operating cash flow$1.8B$2.0B$2.4B$2.8B
Free cash flow$1.6B$1.8B$2.1B$2.6B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$11.7B ▲ 8.0% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Motorola Solutions, Chicago, IL · from the 10-K filed Feb 12, 2026

Motorola Solutions is a global leader in mission-critical safety and security technologies for public safety, government, including defense, and enterprise customers. Our business is focused on safety and security, driven by our commitment to help create safer communities, safer schools, safer hospitals, safer businesses, and ultimately, safer nations. Grounded in nearly 100 years of close customer and community collaboration, we design and advance technology for more than 100,000 customers in over 100 countries with the goal of making everywhere safer for all.

Headquarters
Chicago, IL
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Nov 4, 2026
Incorporated in
DE

Employees, at the top of the page: "As of December 31, 2025, we employed approximately 23,000 people globally, with 51% in the North America region and 49% in the International region" (10-K). Address and exchange: SEC's company file.

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Sources

The 10-K filed Feb 12, 2026 (open at SEC), compared with the 10-K filed Feb 14, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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