Motorola Solutions, Inc. (MSI) Form 8-K — Aug 5, 2026

$MSIForm 8-KItems 2.02, 9.01Filed Aug 5, 2026, 4:12 PM ET0000068505-26-000027Original filing

Motorola Solutions reported record second-quarter 2026 results on August 5, with sales of $3.1 billion up 13% year over year, GAAP EPS of $3.33 up 10%, and non-GAAP EPS of $4.41 up 24%. The company ended the quarter with record Q2 backlog of $15.6 billion, up 11%, driven by record orders across land mobile radio, video and command center. Management again raised full-year 2026 guidance, now expecting revenue of approximately $12.975 billion (from $12.8 billion) and non-GAAP EPS of $17.62-$17.72 (from $16.87-$16.99). Operating cash flow rose $197 million to $469 million, and free cash flow nearly doubled to $414 million.

Key figures

Eps: $3.33 GAAP diluted; $4.41 non-GAAP diluted
Revenue: $3,133 million
Guidance: FY2026 revenue ~$12.975 billion (raised from $12.8 billion); FY2026 non-GAAP EPS $17.62-$17.72 (raised from $16.87-$16.99); Q3 2026 revenue growth ~8%, non-GAAP EPS $4.39-$4.44
Net Income: $557 million attributable to Motorola Solutions
Total Debt: $8,417 million long-term debt plus $615 million short-term borrowings
Revenue Yoy: 13%
Total Assets: $19,242 million
Cash Position: $710 million
Deal Value Usd: $1.5 billion (D-Fend Solutions acquisition)
Shares Outstanding: 167.2 million diluted weighted average (Q2 2026)
Capex: $55 million
Gaap Eps Yoy: +10% ($3.33 vs $3.04)
Inventories: $1,333 million, up from $983 million at December 31, 2025
Free Cash Flow: $414 million vs $224 million year-ago quarter
Dividends Paid: $201 million
Non Gaa PEps Yoy: +24% ($4.41 vs $3.57)
Share Buybacks: $326 million at average price of $413.53 per share
Record Q2 Backlog: $15.6 billion, up 11% ($1.5 billion) year over year
Hytera Paid To Date: $232 million paid against award, including $60 million in H1 2026
Operating Cash Flow: $469 million, up $197 million year over year
Ieepa Refund Benefit: $60 million pre-tax ($0.25 per share, ~190 bps margin benefit) from IEEPA tariff refunds
Net Interest Expense: $103 million vs $55 million year-ago quarter
Gaap Operating Margin: 25.8% vs 25.0% year-ago quarter
Organic Revenue Growth: 5% (Q2), excluding $243 million from acquisitions
Non Gaa POperating Margin: 32.9%, up 330 bps year over year

Price after filing

1 day: 0.0%7 days: +6.1%30 days: +6.6%

Close on the filing date to close N calendar days later (from $442.85). Historical, not a forecast.

AI analysis

Red flags6 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

Upgrade to Pro · $49/mo billed annually

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.