Motorola Solutions (MSI) Free Cash Flow (2009 - 2026)
Motorola Solutions (MSI) posted Free Cash Flow of $389.0 million for Q2 2026, down 65.94% sequentially from $1.1 billion in Q4 2025, and down 17.76% YoY from $473.0 million in Q2 2025.
Motorola Solutions (MSI) Free Cash Flow (2009 - 2026) Analysis & Trends
Motorola Solutions has reported Free Cash Flow for 18 years, with the latest figure at $389.0 million in Q2 2026.
- Quarterly Free Cash Flow fell 17.76% year-over-year to $389.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $2.5 billion (up 9.56% YoY) and the FY2025 annual result came in at $2.6 billion, up 20.52% from the prior year.
- Free Cash Flow eased to $389.0 million in Q2 2026 per MSI's latest filing, from $1.1 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $1.2 billion in Q4 2022 and troughed at -$62.0 million in Q2 2023.
- A 5-year average of $497.2 million and a median of $389.0 million in 2026 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow slumped 163.27% in 2023, then surged 641.94% in 2024.
- Over 5 years, Free Cash Flow stood at $1.2 billion in 2022, then slipped by 3.0% to $1.2 billion in 2023, then dropped by 15.46% to $984.0 million in 2024, then increased by 16.06% to $1.1 billion in 2025, then sank by 65.94% to $389.0 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $389.0 million, $1.1 billion, and $732.0 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 3.34 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 827.00 Mn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 414.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 79.10 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 218.65 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 162.23 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 676.12 Mn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -694.77 Mn |
| 10 | Zebra Technologies | 17.79 Bn | 17.63 Bn | 825.00 Mn | 198.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 414.00 Mn |
| Jul 4, 2026 | 414.00 Mn |
| Apr 4, 2026 | 389.00 Mn |
| Apr 4, 2026 | 389.00 Mn |
| Dec 31, 2025 | 1.14 Bn |
| Dec 31, 2025 | 1.14 Bn |
| Sep 27, 2025 | 732.00 Mn |
| Sep 27, 2025 | 732.00 Mn |
| Jun 28, 2025 | 225.00 Mn |
| Jun 28, 2025 | 225.00 Mn |
| Mar 29, 2025 | 473.00 Mn |
| Mar 29, 2025 | 473.00 Mn |
| Dec 31, 2024 | 984.00 Mn |
| Dec 31, 2024 | 984.00 Mn |
| Sep 28, 2024 | 702.00 Mn |
| Sep 28, 2024 | 702.00 Mn |
| Jun 29, 2024 | 112.00 Mn |
| Jun 29, 2024 | 112.00 Mn |
| Mar 30, 2024 | 336.00 Mn |
| Mar 30, 2024 | 336.00 Mn |