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Motorola Solutions, Inc. MSI Products and Systems Integration — Goodwill

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Other financials

Income statement

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Revenue$3.1B+13.3%
Gross profit$1.7B+18.8%
Operating income$809.0M+16.9%
Net income$557.0M+8.6%
EPS (diluted)$3.33+9.5%

Balance sheet

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Cash & equivalents$710.0M-77.9%
Total debt$9.5B+13.7%
Total equity$2.7B+35.8%
Total assets$19.2B+17.2%

Cash flow

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Operating cash flow$469.0M+71.8%
CapEx-$55.0M-215%
Free cash flow$414.0M+84.0%

Valuation

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Market cap$72.73B-1.4%
Enterprise value$81.49B+3.3%
P/E34.1×-0.8×
P/S5.9×-0.7×

Profitability

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Gross margin52%+0.7pp
Operating margin24.9%-0.3pp
Net margin17.4%-1.6pp
FCF margin21.9%+0.4pp

Returns & leverage

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Return on equity92%-60.8pp
Debt / equity3.5×-0.7×
Current ratio1.1×-0.6×

Where this comes from

Reported directly by Motorola Solutions, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Motorola Solutions, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:57 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000068505-26-000021
Line itemProducts and Systems IntegrationSoftware and ServicesTotal
Balance as of January 1, 2026$4,229$2,571$6,800
Goodwill acquired7171
Purchase accounting adjustments9(2)7
Foreign currency(1)87
Balance as of April 4, 2026$4,237$2,648$6,885

Item 1. Financial Statements

FAQ

What is Motorola Solutions, Inc.'s products and systems integration — goodwill?
Motorola Solutions, Inc. (MSI) reported products and systems integration — goodwill of $4.24B in Q1 2026.
How has Motorola Solutions, Inc.'s products and systems integration — goodwill changed year-over-year?
Motorola Solutions, Inc.'s products and systems integration — goodwill increased by 169.2% year-over-year, from $1.57B to $4.24B.
What is the long-term trend for Motorola Solutions, Inc.'s products and systems integration — goodwill?
Over 4 years (2021 to 2025), Motorola Solutions, Inc.'s products and systems integration — goodwill has grown at a 26.9% compound annual growth rate (CAGR), from $4.49B to $11.63B.
What does products and systems integration — goodwill mean?
This represents the excess of the purchase price over the fair value of net identifiable assets acquired in business combinations allocated to the Product and Systems Integration segment. It reflects the value of synergies, brand reputation, and workforce expertise acquired through M&A. Investors monitor this to assess the segment's historical reliance on acquisitions for growth and potential future impairment risk.

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