Motorola Solutions Q3 revenue beats estimates, outlook raised
MSI•Motorola Solutions' third-quarter revenue rose 12% to $3.38 billion, beating the $3.26 billion estimate, while adjusted EPS of $4.69 topped the $4.42 estimate. The company raised its 2026 revenue and earnings outlook and added $2 billion to its share buyback.
1. Quarterly results
Third-quarter revenue rose 12% to $3.38 billion, above the $3.26 billion analyst estimate. Adjusted EPS was $4.69, compared with the $4.42 estimate; net income was $512 million.
2. Raised outlook
Motorola Solutions raised its 2026 revenue outlook to $13.05 billion from $12.975 billion and its non-GAAP EPS guidance to $17.94-$17.99 from $17.62-$17.72. It expects fourth-quarter revenue growth of about 13% and non-GAAP EPS of $5.47-$5.52, and added $2 billion to its share buyback.
3. Demand and costs
Revenue grew 12% in Products and Systems Integration and 13% in Software and Services. The company said exceptionally strong demand for safety and security solutions led to record third-quarter orders and record ending backlog; higher supply chain and memory costs affected margins.
