How Does Motorola Solutions Make its Money?
Motorola Solutions is the global leader in mission-critical communications and public safety technology. The company provides land mobile radio (LMR) systems, body-worn cameras, in-car video systems, command center software, and cloud-based analytics for police departments, fire services, EMS, and government agencies worldwide. After splitting from Motorola Mobility (now part of Google/Lenovo) in 2011, the company has transformed from a hardware-centric radio maker into a software and services-driven public safety technology platform. Recurring software and services revenue now makes up a significant and growing share of total revenue.
Motorola Solutions (MSI) Business Model
Motorola Solutions operates in the technology sector. Below is a summary of Motorola Solutions’ revenue streams, how the company generates income, and the key financial metrics from its most recent annual report. This breakdown uses data from Motorola Solutions’ 2024 fiscal year filings with the SEC.
Motorola Solutions Competitors
Motorola Solutions’s key competitors and comparable public companies in the technology sector include Palantir, CrowdStrike, and Cisco. Each of these companies competes for market share, investor attention, and revenue in overlapping segments. See how Motorola Solutions stacks up by comparing their revenue breakdown, margins, and growth metrics.
Motorola Solutions Competitors
Motorola Solutions’s key competitors and comparable public companies in the technology sector include Palantir, CrowdStrike, and Cisco. Each of these companies competes for market share, investor attention, and revenue in overlapping segments. See how Motorola Solutions stacks up by comparing their revenue breakdown, margins, and growth metrics.
Motorola Solutions Competitors
Motorola Solutions’s key competitors and comparable public companies in the technology sector include Palantir, CrowdStrike, and Cisco. Each of these companies competes for market share, investor attention, and revenue in overlapping segments. See how Motorola Solutions stacks up by comparing their revenue breakdown, margins, and growth metrics.
Motorola Solutions Competitors
Motorola Solutions’s key competitors and comparable public companies in the technology sector include Palantir, CrowdStrike, and Cisco. Each of these companies competes for market share, investor attention, and revenue in overlapping segments. See how Motorola Solutions stacks up by comparing their revenue breakdown, margins, and growth metrics.
Motorola Solutions Competitors
Motorola Solutions’s key competitors and comparable public companies in the technology sector include Palantir, CrowdStrike, and Cisco. Each of these companies competes for market share, investor attention, and revenue in overlapping segments. See how Motorola Solutions stacks up by comparing their revenue breakdown, margins, and growth metrics.
Revenue Breakdown
| Segment | 2024 | 2023 | YoY Growth |
|---|---|---|---|
| Products & Systems Integration (Radios, Infrastructure) | $7,400 | $6,800 | +8.8% |
| Software & Services (Command Center, Video, Analytics) | $3,800 | $3,400 | +11.8% |
| Total Revenue | $10,800 | $9,800 | +10.2% |
Products & Systems Integration (Radios, Infrastructure) — 69% of Revenue
Software & Services (Command Center, Video, Analytics) — 35% of Revenue
Income Statement Overview
| Metric | 2024 | 2023 |
|---|---|---|
| Total Revenue | $10,800 | $9,800 |
| Cost of Revenue | $4,900 | $4,500 |
| Gross Profit | $5,900 | $5,300 |
| Operating Expenses | $2,700 | $2,500 |
| Operating Income | $3,200 | $2,800 |
| Net Income | $2,100 | $1,800 |
All values in millions USD unless otherwise stated.
Key Financial Metrics
- Gross Margin: 54.6%
- Operating Margin: 29.6%
- Revenue Growth: 10.2%
Is Motorola Solutions Profitable?
Yes, Motorola Solutions is profitable. The company reported net income of $2,100 on total revenue of $10,800. With an operating margin of 29.6%, Motorola Solutions demonstrates solid profitability for the technology sector. The gross margin of 54.6% reflects Motorola Solutions’ pricing power and cost structure.
What to Watch
- Video security and analytics ARR growth from body cameras and fixed cameras
- Command center software adoption and 911 modernization spending
- Backlog conversion as public safety agencies upgrade aging radio infrastructure
- International expansion in UK, Australia, and other allied nations
Motorola Solutions (MSI) Financial Summary
Motorola Solutions (MSI) is a technology company that generated $10,800 in total revenue in fiscal year 2024. Revenue grew 10.2% year-over-year. The company earned $2,100 in net income, making it profitable. For a deeper look at Motorola Solutions’ revenue breakdown, business segments, and financial performance, review the detailed analysis above.