Motorola Solutions, Inc. (MSI) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MSI Revenue Growth
Revenue Breakdown (FY 2025)
MSI's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MSI Revenue Analysis (2014–2025)
As of May 8, 2026, Motorola Solutions, Inc. (MSI) generated trailing twelve-month (TTM) revenue of $11.87 billion, reflecting solid growth of +7.4% year-over-year. The most recent quarter (Q1 2026) recorded $2.71 billion in revenue, down 19.7% sequentially.
Looking at the longer-term picture, MSI's 5-year compound annual growth rate (CAGR) stands at +9.5%, indicating steady revenue expansion. The company achieved its highest annual revenue of $11.68 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows MSI's business is primarily driven by Product (58%), and Service (42%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including AXON (+34.0% YoY), DGII (+13.5% YoY), and JCI (+5.1% YoY), MSI has underperformed the peer group in terms of revenue growth. Compare MSI vs AXON →
MSI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MSICurrent | $11.9B | +7.4% | +9.5% | 25.1% | |
 AXON | $2.8B | +34.0% | +32.5% | -2.2% | |
 DGII | $430M | +13.5% | +9.0% | 13.1% | |
 JCI | $23.6B | +5.1% | +1.1% | 12.0% | |
 SAIC | $7.3B | -2.9% | +0.6% | 7.1% | |
 TRMB | $3.6B | +3.2% | +2.6% | 16.9% |
MSI Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $11.68B | +8.0% | $5.86B | 50.2% | $2.94B | 25.1% |
| 2024 | $10.82B | +8.4% | $5.51B | 51.0% | $2.69B | 24.8% |
| 2023 | $9.98B | +9.5% | $4.97B | 49.8% | $2.29B | 23.0% |
| 2022 | $9.11B | +11.5% | $4.23B | 46.4% | $1.66B | 18.2% |
| 2021 | $8.17B | +10.2% | $4.04B | 49.4% | $1.67B | 20.4% |
| 2020 | $7.41B | -6.0% | $3.61B | 48.7% | $1.38B | 18.7% |
| 2019 | $7.89B | +7.4% | $3.93B | 49.8% | $1.58B | 20.0% |
| 2018 | $7.34B | +15.1% | $3.48B | 47.4% | $1.25B | 17.1% |
| 2017 | $6.38B | +5.7% | $3.02B | 47.4% | $1.28B | 20.1% |
| 2016 | $6.04B | +6.0% | $2.87B | 47.5% | $1.05B | 17.4% |
Full MSI Stock Analysis
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Start ComparisonMSI — Frequently Asked Questions
Quick answers to the most common questions about buying MSI stock.
Is MSI's revenue growth accelerating or slowing?
MSI maintains +7.4% revenue growth, in line with its 5-year CAGR of +9.5%. TTM revenue stands at $11.9B. Growth rate remains consistent with historical average.
What is MSI's long-term revenue growth rate?
Motorola Solutions, Inc.'s 5-year revenue CAGR of +9.5% reflects the sustained expansion pattern. Current YoY growth of +7.4% is near this long-term average.
How is MSI's revenue distributed by segment?
MSI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.