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Motorola Solutions, Inc. MSI Products — Costs of sales

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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$77.38B+0.8%
Enterprise value$86.14B+5.2%
P/E36.3×0.0×
P/S6.3×-0.6×

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:CostOfGoodsAndServicesSold.

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
(In millions, except per share amounts)Three Months Ended / April 4, 2026Three Months Ended / March 29, 2025
Net sales from products$1,481$1,448
Net sales from services1,2331,080
Net sales2,7142,528
Costs of products sales629573
Costs of services sales723655
Costs of sales1,3521,228
Gross margin1,3621,300
Selling, general and administrative expenses439436

Item 1. Financial Statements

FAQ

What is Motorola Solutions, Inc.'s products — costs of sales?
Motorola Solutions, Inc. (MSI) reported products — costs of sales of $629M in Q1 2026.
How has Motorola Solutions, Inc.'s products — costs of sales changed year-over-year?
Motorola Solutions, Inc.'s products — costs of sales increased by 9.8% year-over-year, from $573M to $629M.
What is the long-term trend for Motorola Solutions, Inc.'s products — costs of sales?
Over 4 years (2021 to 2025), Motorola Solutions, Inc.'s products — costs of sales has grown at a 7.3% compound annual growth rate (CAGR), from $2.1B to $2.78B.
What does products — costs of sales mean?
This metric captures the direct costs associated with manufacturing and delivering the company's physical product offerings, including raw materials, labor, and overhead directly tied to production. It serves as a primary indicator of manufacturing efficiency and supply chain cost management. Monitoring this helps assess the impact of inflationary pressures or production scaling on the company's gross margins.

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