Filing Flows › Motorola Solutions (MSI) › Q3 2026
Motorola Solutions (MSI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Motorola Solutions (MSI) reported revenue of $3.4B for the third quarter 2026 (Q3 2026), +12% from a year earlier and +8% from the quarter before. Operating margin was 23.0%, net earnings $514M (15.2% of revenue).
Motorola Solutions, Q3 2026: revenue $3.4B (+12% year over year), operating margin 23.0%, net earnings $514M, operating cash flow $662M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4B | +8% | +12% |
| Gross profit | $1.8B | +5% | +14% |
| Operating profit | $777M | -4% | +0.9% |
| Net earnings | $514M | -8% | -9% |
| Operating cash flow | $662M | +41% | -17% |
| Free cash flow | $589M | — | -20% |
What changed
Revenue was $3.4B in Q3 2026, up 12% year over year and up 8% from the previous quarter. Mission Critical Networks (MCN) was the largest line at 74% of revenue. Mission Critical Networks (MCN) added $0.27B year over year (up 12%), 74% of the total change.
Gross margin was 52.4%, up 0.7 points from Q3 2025. Operating profit was $0.78B, a 23.0% margin (down 2.6 points year over year). Of the extra revenue versus Q3 2025, 2% reached operating profit, below the 26% margin then. Operating expenses grew 26% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+240%). Net earnings were $0.51B, down 9% year over year. The effective tax rate was 24.2%.
Operating cash flow was $0.66B (down 17% year over year), 129% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.10B of share-based compensation. Working capital and other items used $0.10B. After capital expenditures ($0.07B), free cash flow as the company reports it was $0.59B.
Questions
What was Motorola Solutions' revenue in the third quarter 2026?
Motorola Solutions (MSI) reported revenue of $3.4B for the third quarter 2026 (Q3 2026), +12% from a year earlier and +8% from the quarter before.
Was Motorola Solutions profitable in the third quarter 2026?
Operating profit was $777M (23.0% of revenue) and net earnings $514M.
Source: Motorola Solutions 10-Q on SEC EDGAR.