Motorola Solutions, Inc.
Motorola Solutions, Inc. Q2 FY26 Results — Earnings Call Analysis
Q2 FY26 earnings call: what management guided on revenue, margins and order book.
What the Q2 FY26 call signalled
3 of 4 strong
The short version
- Raised full-year revenue guidance to approximately $12.8 billion, up from $12.7 billion previously. - Q1 earnings per share (EPS) exceeded guidance with non-GAAP EPS up 6% year-over-year.
From Motorola Solutions, Inc.'s Q2 FY26 earnings-call transcript · updated 29 May 2026.
Revenue & Sales Performance
- Raised full-year revenue guidance to approximately $12.8 billion, up from $12.7 billion previously.
- Expect Q2 sales growth of about 8.5%.
- Products and SI segment growth now expected between 8% and 9%, up from 7% to 8%.
- Mission Critical Networks segment growth also raised to 8% to 9% from prior 7% to 8%.
- Silvus revenue guidance increased to $750 million for 2026, up $75 million from prior.
- Strong backlog of $15.7 billion, up 11% year-over-year, supports future revenue.
- Continued robust demand, evidenced by fourth consecutive quarter of double-digit orders growth.
- Organic growth expected particularly strong in mission-critical networks and LMR in the back half of the year.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Motorola Solutions, Inc. said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Capital expenditures (CapEx) in Q1 were $62 million.
- The company plans approximately 10% of operating cash flow for CapEx, with about $3 billion in expected operating cash flow for the full year.
- Strategic investments include continued R&D in product portfolio areas such as Command Center, video, fixed, mobile, hybrid cloud, Silvus, and LMR D-Series infrastructure refresh—the first in over a dozen years.
- Investments in Silvus include technology refresh and capacity expansion to support strong growth internationally.
- The company is making additional investments in go-to-market and R&D to capture increased demand, especially in Silvus and mission-critical networks.
2 more points management made on capital expenditure plans
Fundraising & Capital Structure
See what Motorola Solutions, Inc. said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Ending backlog for Q1 was $15.7 billion, up $1.6 billion (11%) versus last year, driven by record Q1 orders.
- Q1 marked the fourth consecutive quarter of double-digit orders growth in both segments.
- Software and Services backlog increased $1.3 billion compared to last year, fueled by strong demand for multiyear contracts.
- Products and SI backlog increased $255 million year-over-year due to strong demand in video and Mission Critical Networks.
- Sequentially, backlog declined slightly by $60 million primarily from revenue recognition for the U.K. Home Office but was partially offset by strong demand in Video and Command Center.
- Orders remain strong with double-digit growth in product orders, including LMR and Silvus, sustained over four consecutive quarters.
2 more points management made on order book & pipeline
Continue your research
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Frequently Asked Questions
What were Motorola Solutions, Inc. Q2 FY26 results?
- Raised full-year revenue guidance to approximately $12.8 billion, up from $12.7 billion previously. - Q1 earnings per share (EPS) exceeded guidance with non-GAAP EPS up 6% year-over-year.
What is Motorola Solutions, Inc. share price analysis?
Motorola Solutions, Inc. currently shows a below-average growth signal. The stock trades at a P/E of 33.1 with a market cap of $68,314. Investors should review the full earnings analysis for detailed insights.
Is Motorola Solutions, Inc. planning capital expenditure?
- Capital expenditures (CapEx) in Q1 were $62 million.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.