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Motorola Solutions, Inc. MSI Services — 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 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
Research and development expenditures252233

Item 1. Financial Statements

FAQ

What is Motorola Solutions, Inc.'s services — costs of sales?
Motorola Solutions, Inc. (MSI) reported services — costs of sales of $723M in Q1 2026.
How has Motorola Solutions, Inc.'s services — costs of sales changed year-over-year?
Motorola Solutions, Inc.'s services — costs of sales increased by 10.4% year-over-year, from $655M to $723M.
What is the long-term trend for Motorola Solutions, Inc.'s services — costs of sales?
Over 4 years (2021 to 2025), Motorola Solutions, Inc.'s services — costs of sales has grown at a 9.0% compound annual growth rate (CAGR), from $2.04B to $2.87B.
What does services — costs of sales mean?
This metric captures the direct expenses incurred to deliver maintenance, support, and managed service offerings, including personnel costs, technical support resources, and software hosting expenses. It serves as a primary indicator of the operational efficiency and cost structure associated with maintaining the company's service-based revenue streams. Monitoring this helps assess the scalability of the service business as the installed base of equipment and software grows.

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