Motorola Solutions (MSI) Earnings: Q3 2026 Results

The quarter ended October 3, 2026 and Motorola Solutions published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Motorola Solutions reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Motorola Solutions uses a 52/53-week fiscal calendar for its first three quarters. Q3 2026 ended October 3, 2026 and Q3 2025 ended September 27, 2025.
• Acquisitions added $211 million of revenue in the quarter. Motorola Solutions bought Silvus on August 6, 2025, partway through the year-ago quarter, and D-Fend on August 20, 2026.
• GAAP results include an $87 million charge to raise the fair value of the contingent Silvus earnout; non-GAAP EPS excludes it.

Source: Motorola Solutions Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended October 3, 2026. Figures as reported; checked against the release on November 10, 2026.

How Motorola Solutions splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Motorola Solutions's Products and Systems Integration revenue was $2.1 billion in Q3 2026, up 12% from $1.9 billion in Q3 2025, 63% of total revenue.
• Motorola Solutions's Software and Services revenue was $1.3 billion in Q3 2026, up 13% from $1.1 billion in Q3 2025, 37% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Motorola Solutions said:

“Fourth quarter 2026 - The company expects revenue growth of approximately 13% compared to the fourth quarter of 2025 and non-GAAP EPS between $5.47 and $5.52 per share.”

“Full-year 2026 - The company now expects revenue of approximately $13.050 billion, up from its prior guidance of $12.975 billion and non-GAAP EPS between $17.94 and $17.99 per share, up from its prior guidance of between $17.62 and $17.72 per share.”

“In addition, the company is increasing its operating cash flow expectations to $3.050 billion for the full year.”

Source: Motorola Solutions Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the MSI forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and diluted EPS attributable to Motorola Solutions, each as first reported in that quarter's release.

We do not hold a confirmed date for Motorola Solutions's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

Motorola Solutions reports two segments. In Q3 2026 Products and Systems Integration had sales of $2,118 million, up 12%, and Software and Services $1,258 million, up 13%, for total sales of $3,376 million against $3,009 million. Acquisitions contributed $211 million of the growth and foreign currency $11 million. (Motorola Solutions Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

Motorola Solutions also splits sales into three technologies. Mission Critical Networks, which combines the legacy Land Mobile Radio portfolio with Silvus, brought in $2,511 million, against $2,241 million. Video, which covers video security and access control, was $594 million against $534 million, and Command Center software was $271 million against $234 million. (Motorola Solutions Form 10-Q, Q3 2026, Nov 4, 2026; Motorola Solutions Form 10-K, 2025, Feb 12, 2026)

By region, North America sales were $2,329 million and International $1,047 million, up from $2,121 million and $888 million. Direct sales to customers were $2,514 million and indirect sales through channel partners $862 million. (Motorola Solutions Form 10-Q, Q3 2026, Nov 4, 2026)

Government buyers dominate. Motorola Solutions' 10-K names the U.S. government as its largest customer, at about 8% of 2025 net sales, and says no single customer exceeded 10%. Large Q3 orders included $140 million from the Federal Bureau of Prisons for P25 systems and devices and a $139 million ten-year P25 services, mobile video and Command Center order from the State of Louisiana. (Motorola Solutions Form 10-K, 2025, Feb 12, 2026; Motorola Solutions Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

Ending backlog was a record $16.6 billion, up $2.1 billion or 14% from a year earlier. Products and Systems Integration backlog rose $635 million, or 18%, and Software and Services backlog rose $1.4 billion, or 13%. (Motorola Solutions Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

Motorola Solutions' GAAP diluted EPS fell 8% to $3.06 in Q3 2026 while non-GAAP EPS rose 16% to $4.69. The gap of about $1.63 a share after tax comes from share-based compensation ($0.62 before tax), intangible amortization ($0.58) and an $87 million charge, or $0.52 a share, to raise the fair value of the contingent Silvus earnout, partly offset by a $0.08 gain from the Hytera litigation. (Motorola Solutions Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026; Motorola Solutions Form 10-Q, Q3 2026, Nov 4, 2026)

GAAP operating margin was 23.0%, down from 25.6%, which Motorola Solutions attributed mainly to the Silvus earnout charge. Non-GAAP operating margin rose 200 basis points to 32.5% on higher sales and operating leverage, partly offset by higher supply chain costs. The GAAP tax rate was 24.2% against 22.2%. (Motorola Solutions Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

Diluted shares were 167.4 million against 169.0 million. In the quarter Motorola Solutions repurchased $94 million of stock at an average price of $457.07, paid $200 million of dividends and announced a $2 billion increase to its repurchase authorization. It also closed the $1.3 billion D-Fend counter-drone acquisition, funded mainly with $950 million of new senior notes. (Motorola Solutions Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Motorola Solutions raised its full-year 2026 outlook again: revenue of about $13.050 billion, up from $12.975 billion, and non-GAAP EPS of $17.94 to $17.99, up from $17.62 to $17.72. It also raised its operating cash flow expectation to $3.050 billion. (Motorola Solutions Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

For Q4 2026 it expects revenue growth of about 13% from Q4 2025 and non-GAAP EPS of $5.47 to $5.52, assuming about 168 million diluted shares and a non-GAAP tax rate of about 22.5%. The release flags higher memory costs driven by AI demand and says inventory levels are expected to remain elevated. (Motorola Solutions Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Motorola Solutions, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Motorola Solutions's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning MSI is on is MSI a buy or a sell?, what analysts expect next is on the MSI forecast, and what the company does is on the Motorola Solutions (MSI) stock page.

Every number on this page can be traced to a document Motorola Solutions published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.