Motorola Solutions (MSI) Revenue & Revenue Breakdown

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Motorola Solutions Revenue Highlights

Latest Revenue (Y)

$9.98B

Latest Revenue (Q)

$2.79B

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Motorola Solutions Revenue by Period

Motorola Solutions Revenue by Year

Date	Revenue	Change
2023-12-31	$9.98B	9.50%
2022-12-31	$9.11B	11.52%
2021-12-31	$8.17B	10.21%
2020-12-31	$7.41B	-6.00%
2019-12-31	$7.89B	7.41%
2018-12-31	$7.34B	15.09%
2017-12-31	$6.38B	5.66%
2016-12-31	$6.04B	6.02%
2015-12-31	$5.70B	-3.16%
2014-12-31	$5.88B	-32.37%
2013-12-31	$8.70B	-0.02%
2012-12-31	$8.70B	6.03%
2011-12-31	$8.20B	-57.46%
2010-12-31	$19.28B	-12.53%
2009-12-31	$22.04B	-26.88%
2008-12-31	$30.15B	-17.68%
2007-12-31	$36.62B	-14.59%
2006-12-31	$42.88B	16.38%
2005-12-31	$36.84B	17.62%
2004-12-31	$31.32B	15.76%
2003-12-31	$27.06B	1.42%
2002-12-31	$26.68B	-11.08%
2001-12-31	$30.00B	-20.16%
2000-12-31	$37.58B	21.50%
1999-12-31	$30.93B	5.21%
1998-12-31	$29.40B	-1.33%
1997-12-31	$29.79B	6.51%
1996-12-31	$27.97B	3.46%
1995-12-31	$27.04B	21.54%
1994-12-31	$22.25B	31.14%
1993-12-31	$16.96B	-

Motorola Solutions generated $9.98B in revenue during NA 2023, up 9.50% compared to the previous quarter, and up 135.88% compared to the same period a year ago.

Motorola Solutions Revenue by Quarter

Date	Revenue	Change
2024-09-28	$2.79B	6.16%
2024-06-29	$2.63B	10.00%
2024-03-30	$2.39B	-16.12%
2023-12-31	$2.85B	11.42%
2023-09-30	$2.56B	6.37%
2023-07-01	$2.40B	10.69%
2023-04-01	$2.17B	-19.80%
2022-12-31	$2.71B	14.08%
2022-10-01	$2.37B	10.89%
2022-07-02	$2.14B	13.11%
2022-04-02	$1.89B	-18.45%
2021-12-31	$2.32B	10.11%
2021-10-02	$2.11B	6.90%
2021-07-03	$1.97B	11.17%
2021-04-03	$1.77B	-22.00%
2020-12-31	$2.27B	21.68%
2020-09-26	$1.87B	15.45%
2020-06-27	$1.62B	-2.24%
2020-03-28	$1.66B	-30.35%
2019-12-31	$2.38B	19.16%
2019-09-28	$1.99B	7.20%
2019-06-29	$1.86B	12.25%
2019-03-30	$1.66B	-26.49%
2018-12-31	$2.25B	21.05%
2018-09-29	$1.86B	5.80%
2018-06-30	$1.76B	19.89%
2018-03-31	$1.47B	-24.99%
2017-12-31	$1.96B	18.97%
2017-09-30	$1.65B	9.89%
2017-07-01	$1.50B	16.86%
2017-04-01	$1.28B	-31.97%
2016-12-31	$1.88B	22.91%
2016-10-01	$1.53B	7.13%
2016-07-02	$1.43B	19.87%
2016-04-02	$1.19B	-29.07%
2015-12-31	$1.68B	18.28%
2015-10-03	$1.42B	3.95%
2015-07-04	$1.37B	11.86%
2015-04-04	$1.22B	-32.91%
2014-12-31	$1.82B	26.95%
2014-09-27	$1.44B	3.09%
2014-06-28	$1.39B	13.44%
2014-03-29	$1.23B	-50.96%
2013-12-31	$2.50B	65.06%
2013-09-28	$1.52B	1.34%
2013-06-29	$1.50B	7.23%
2013-03-30	$1.40B	-42.81%
2012-12-31	$2.44B	13.38%
2012-09-29	$2.15B	0.23%
2012-06-30	$2.15B	9.82%
2012-03-31	$1.96B	-12.44%
2011-12-31	$2.23B	7.15%
2011-10-01	$2.08B	5.09%
2011-07-02	$1.98B	8.18%
2011-04-02	$1.83B	-67.61%
2010-12-31	$5.66B	207.44%
2010-10-02	$1.84B	-0.43%
2010-07-03	$1.85B	6.32%
2010-04-03	$1.74B	-69.60%
2009-12-31	$5.72B	31.99%
2009-10-03	$4.34B	18.66%
2009-07-04	$3.65B	-31.97%
2009-04-04	$5.37B	-24.73%
2008-12-31	$7.14B	-4.60%
2008-09-27	$7.48B	-7.45%
2008-06-28	$8.08B	8.51%
2008-03-29	$7.45B	-

Motorola Solutions generated $2.79B in revenue during Q3 2024, up 6.16% compared to the previous quarter, and up 116.10% compared to the same period a year ago.

Motorola Solutions Revenue Breakdown

Motorola Solutions Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Product	$5.81B	$5.37B	$4.61B	$4.09B	$4.75B
Service	$4.16B	$3.74B	$3.56B	$3.33B	-

Motorola Solutions's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (58.27%), and Service (41.73%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jul 23	Apr 23	Dec 22	Oct 22	Jul 22	Apr 22	Dec 21	Oct 21	Jul 21	Apr 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Product And Systems Integration Segment	$4.20B	$1.56B	$4.60B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services And Software Segment	$4.90B	$1.06B	$5.00B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	-	-	-	$1.75B	$1.49B	$1.35B	$1.22B	$1.67B	$1.44B	$1.21B	$1.05B	$1.36B	$1.22B	$1.09B	$926.00M	$1.28B	$1.04B	$877.00M	$884.00M	$1.49B
Service	-	-	-	$1.10B	$1.07B	$1.05B	$947.00M	$1.04B	$934.00M	$928.00M	$846.00M	$964.00M	$886.00M	$877.00M	$847.00M	$993.00M	$824.00M	$741.00M	$771.00M	$890.00M

Motorola Solutions's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Services And Software Segment (53.85%), and Product And Systems Integration Segment (46.15%).

Motorola Solutions Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
CANADA	$373.00M	$366.00M	$324.00M	$254.00M	$270.00M
UNITED STATES	$6.56B	$6.01B	$5.24B	$4.77B	$5.01B

Motorola Solutions's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (94.62%), and CANADA (5.38%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Sep 23	Oct 21	Sep 18	Jun 18	Mar 18
North America	$2.01B	$1.92B	$1.69B	$1.78B	$1.45B	-	-	-
International	$783.00M	$711.00M	$696.00M	$773.00M	$658.00M	-	-	-
EMEA	-	-	-	-	-	$189.00M	$194.00M	$220.00M
Asia Pacific	-	-	-	-	-	$42.00M	$46.00M	$51.00M
Americas	-	-	-	-	-	$343.00M	$331.00M	$396.00M

Motorola Solutions's latest quarterly revenue breakdown by geography, as of Sep 24: North America (71.94%), and International (28.06%).

Motorola Solutions Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CSCO	Cisco Systems	$53.80B	$13.84B
HPE	Hewlett Packard Enterprise Company	$29.14B	$7.71B
NOK	Nokia Oyj	$22.26B	$4.67B
MSI	Motorola Solutions	$9.98B	$2.79B
JNPR	Juniper Networks	$5.56B	$1.33B
CIEN	Ciena	$4.39B	$942.31M
UI	Ubiquiti	$1.93B	$550.34M
LITE	Lumentum	$1.36B	$336.90M
EXTR	Extreme Networks	$1.12B	$269.20M
NTGR	NETGEAR	$740.84M	$182.65M
PI	Impinj	$307.54M	$95.20M

MSI Revenue FAQ

What is Motorola Solutions’s yearly revenue?

Motorola Solutions's yearly revenue for 2023 was $9.98B, representing an increase of 9.50% compared to 2022. The company's yearly revenue for 2022 was $9.11B, representing an increase of 11.52% compared to 2021. MSI's yearly revenue for 2021 was $8.17B, representing an increase of 10.21% compared to 2020.

What is Motorola Solutions’s quarterly revenue?

Motorola Solutions's quarterly revenue for Q3 2024 was $2.79B, a 6.16% increase from the previous quarter (Q2 2024), and a 9.15% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $2.63B, a 10.00% increase from the previous quarter (Q1 2024), and a 9.36% increase year-over-year (Q2 2023). MSI's quarterly revenue for Q1 2024 was $2.39B, a -16.12% decrease from the previous quarter (Q4 2023), and a 10.04% increase year-over-year (Q1 2023).

What is Motorola Solutions’s revenue growth rate?

Motorola Solutions's revenue growth rate for the last 3 years (2021-2023) was 22.11%, and for the last 5 years (2019-2023) was 26.51%.

What are Motorola Solutions’s revenue streams?

Motorola Solutions's revenue streams in c 23 are Product, and Service. Product generated $5.81B in revenue, accounting 58.27% of the company's total revenue, up 8.31% year-over-year. Service generated $4.16B in revenue, accounting 41.73% of the company's total revenue, up 11.22% year-over-year.

What is Motorola Solutions’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Motorola Solutions was Product. This segment made a revenue of $5.81B, representing 58.27% of the company's total revenue.