Quarterly ResultMay 7, 2026, 05:02 PM
Motorola Solutions Q1 Net Sales $2.71B, EPS $2.18; Multiple Acquisitions
AI Summary
Motorola Solutions reported Q1 2026 net sales of $2.71 billion, an increase from $2.53 billion in Q1 2025. However, net earnings attributable to Motorola Solutions, Inc. decreased to $366 million, or $2.18 diluted EPS, compared to $430 million, or $2.53 diluted EPS, in the prior year. The company continued its strategic expansion with the definitive agreement to acquire Bell Mobility's land mobile radio networks services business for C$675 million and completed several acquisitions, including Hyper and Exacom, enhancing its Software and Services segment. The quarter also saw a $75 million charge for contingent earnout adjustment and a $40 million gain from Hytera litigation.
Key Highlights
- Agreed to acquire Bell Mobility's land mobile radio networks services business for C$675 million.
- Q1 2026 net sales increased to $2.71 billion from $2.53 billion in Q1 2025.
- Q1 2026 net earnings attributable to MSI decreased to $366 million from $430 million YoY.
- Diluted EPS for Q1 2026 was $2.18, down from $2.53 in Q1 2025.
- Software and Services segment net sales grew to $1.16 billion from $982 million YoY.
- International net sales increased to $857 million from $676 million YoY.
- Repurchased $118 million of common stock and paid $201 million in dividends.
- Recorded a $75 million charge for Silvus contingent earnout and a $40 million gain from Hytera litigation.