Motorola Solutions, Inc.
MSIFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
10,817
Cost of Revenue
5,305
Gross Profit
5,512
Gross Margin
51.0%
Operating Income
2,688
Operating Margin
24.8%
Net Income
1,577
Net Margin
14.6%
EPS (Basic)
$9.45
EPS (Diluted)
$9.23
EBITDA
2,603
EBITDA Margin
24.1%
2023
12/31/2023
Revenue
9,978
Cost of Revenue
5,008
Gross Profit
4,970
Gross Margin
49.8%
Operating Income
2,294
Operating Margin
23.0%
Net Income
1,709
Net Margin
17.1%
EPS (Basic)
$10.23
EPS (Diluted)
$9.93
EBITDA
2,751
EBITDA Margin
27.6%
2022
12/31/2022
Revenue
9,112
Cost of Revenue
4,883
Gross Profit
4,229
Gross Margin
46.4%
Operating Income
1,661
Operating Margin
18.2%
Net Income
1,363
Net Margin
15.0%
EPS (Basic)
$8.14
EPS (Diluted)
$7.93
EBITDA
2,195
EBITDA Margin
24.1%
2021
12/31/2021
Revenue
8,171
Cost of Revenue
4,131
Gross Profit
4,040
Gross Margin
49.4%
Operating Income
1,667
Operating Margin
20.4%
Net Income
1,245
Net Margin
15.2%
EPS (Basic)
$7.36
EPS (Diluted)
$7.17
EBITDA
2,205
EBITDA Margin
27.0%
2020
12/31/2020
Revenue
7,414
Cost of Revenue
3,806
Gross Profit
3,608
Gross Margin
48.7%
Operating Income
1,383
Operating Margin
18.7%
Net Income
949
Net Margin
12.8%
EPS (Basic)
$5.58
EPS (Diluted)
$5.45
EBITDA
1,816
EBITDA Margin
24.5%