Motorola Solutions (MSI) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Motorola Solutions Revenue Highlights


Latest Revenue (Y)

$9.98B

Latest Revenue (Q)

$2.63B

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Motorola Solutions Revenue by Period


Motorola Solutions Revenue by Year

DateRevenueChange
2023-12-31$9.98B9.50%
2022-12-31$9.11B11.52%
2021-12-31$8.17B10.21%
2020-12-31$7.41B-6.00%
2019-12-31$7.89B7.41%
2018-12-31$7.34B15.09%
2017-12-31$6.38B5.66%
2016-12-31$6.04B6.02%
2015-12-31$5.70B-3.16%
2014-12-31$5.88B-32.37%
2013-12-31$8.70B-0.02%
2012-12-31$8.70B6.03%
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$42.88B16.38%
2005-12-31$36.84B17.62%
2004-12-31$31.32B15.76%
2003-12-31$27.06B1.42%
2002-12-31$26.68B-11.08%
2001-12-31$30.00B-20.16%
2000-12-31$37.58B21.50%
1999-12-31$30.93B5.21%
1998-12-31$29.40B-1.33%
1997-12-31$29.79B6.51%
1996-12-31$27.97B3.46%
1995-12-31$27.04B21.54%
1994-12-31$22.25B31.14%
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

DateRevenueChange
2024-06-29$2.63B10.00%
2024-03-30$2.39B-16.12%
2023-12-31$2.85B11.42%
2023-09-30$2.56B6.37%
2023-07-01$2.40B10.69%
2023-04-01$2.17B-19.80%
2022-12-31$2.71B14.08%
2022-10-01$2.37B10.89%
2022-07-02$2.14B13.11%
2022-04-02$1.89B-18.45%
2021-12-31$2.32B10.11%
2021-10-02$2.11B6.90%
2021-07-03$1.97B11.17%
2021-04-03$1.77B-22.00%
2020-12-31$2.27B21.68%
2020-09-26$1.87B15.45%
2020-06-27$1.62B-2.24%
2020-03-28$1.66B-30.35%
2019-12-31$2.38B19.16%
2019-09-28$1.99B7.20%
2019-06-29$1.86B12.25%
2019-03-30$1.66B-26.49%
2018-12-31$2.25B21.05%
2018-09-29$1.86B5.80%
2018-06-30$1.76B19.89%
2018-03-31$1.47B-24.99%
2017-12-31$1.96B18.97%
2017-09-30$1.65B9.89%
2017-07-01$1.50B16.86%
2017-04-01$1.28B-31.97%
2016-12-31$1.88B22.91%
2016-10-01$1.53B7.13%
2016-07-02$1.43B19.87%
2016-04-02$1.19B-29.07%
2015-12-31$1.68B18.28%
2015-10-03$1.42B3.95%
2015-07-04$1.37B11.86%
2015-04-04$1.22B-32.91%
2014-12-31$1.82B26.95%
2014-09-27$1.44B3.09%
2014-06-28$1.39B13.44%
2014-03-29$1.23B-50.96%
2013-12-31$2.50B65.06%
2013-09-28$1.52B1.34%
2013-06-29$1.50B7.23%
2013-03-30$1.40B-42.81%
2012-12-31$2.44B13.38%
2012-09-29$2.15B0.23%
2012-06-30$2.15B9.82%
2012-03-31$1.96B-12.44%
2011-12-31$2.23B7.15%
2011-10-01$2.08B5.09%
2011-07-02$1.98B8.18%
2011-04-02$1.83B-67.61%
2010-12-31$5.66B207.44%
2010-10-02$1.84B-0.43%
2010-07-03$1.85B6.32%
2010-04-03$1.74B-69.60%
2009-12-31$5.72B31.99%
2009-10-03$4.34B18.66%
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$8.08B8.51%
2008-03-29$7.45B-

Motorola Solutions generated $2.63B in revenue during Q2 2024, up 10.00% compared to the previous quarter, and up 121.05% compared to the same period a year ago.

Motorola Solutions Revenue Breakdown


Motorola Solutions Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceJun 24Mar 24Dec 23Sep 23Jul 23Apr 23Dec 22Oct 22Jul 22Apr 22Dec 21Oct 21Jul 21Apr 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Product And Systems Integration Segment$1.56B$4.60B------------------
Services And Software Segment$1.06B$5.00B------------------
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$798.00M
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$1.20B

Motorola Solutions's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Product And Systems Integration Segment (59.47%), and Services And Software Segment (40.53%).

Motorola Solutions Revenue Breakdown by Country

Annual Revenue by Country

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

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

CountryJun 24Mar 24Sep 23Oct 21Sep 18Jun 18Mar 18
North America$1.92B$1.69B$1.78B$1.45B---
International$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 Jun 24: North America (72.95%), and International (27.05%).

Motorola Solutions Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CSCOCisco Systems$53.80B$12.70B
HPEHewlett Packard Enterprise Company$29.14B$7.71B
NOKNokia Oyj$22.26B$4.67B
MSIMotorola Solutions$9.98B$2.63B
JNPRJuniper Networks$5.56B$1.19B
CIENCiena$4.39B$942.31M
UIUbiquiti$1.93B$493.00M
LITELumentum$1.36B$366.50M
EXTRExtreme Networks$1.12B$211.04M
NTGRNETGEAR$740.84M$143.90M
PIImpinj$307.54M$102.50M

MSI Revenue FAQ


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.

Motorola Solutions'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). The company'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). MSI's quarterly revenue for Q4 2023 was $2.85B, a 11.42% increase from the previous quarter (Q3 2023), and a 5.21% increase year-over-year (Q4 2022).

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%.

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.

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.