Motorola Solutions, Inc.

For the period ended Dec 31, 2025. Filed Feb 12, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 12, 2026

MSI$527.97+2.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

	Years ended December 31
(In millions, except per share amounts)	2025	2024	2023
Net sales from products	$6,770	$6,454	$5,814
Net sales from services	4,912	4,363	4,164
Net sales	11,682	10,817	9,978
Costs of products sales	2,776	2,674	2,591
Costs of services sales	2,871	2,631	2,417
Costs of sales	5,647	5,305	5,008
Gross margin	6,035	5,512	4,970
Selling, general and administrative expenses	1,870	1,752	1,561
Research and development expenditures	970	917	858
Other charges	207	155	257
Operating earnings	2,988	2,688	2,294
Other income (expense):
Interest expense, net	(302)	(227)	(216)
Other, net	126	(489)	68
Total other expense	(176)	(716)	(148)
Net earnings before income taxes	2,812	1,972	2,146
Income tax expense	652	390	432
Net earnings	2,160	1,582	1,714
Less: Earnings attributable to noncontrolling interests	6	5	5
Net earnings attributable to Motorola Solutions, Inc.	$2,154	$1,577	$1,709
Earnings per common share:
Basic	$12.93	$9.45	$10.23
Diluted	12.75	9.23	9.93
Weighted average common shares outstanding:
Basic	166.6	166.8	167.0
Diluted	169.0	170.8	172.1
Dividends declared per share	$4.48	$4.03	$3.62

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