Motorola Solutions (MSI) Operating Expenses (2009 - 2026)
Motorola Solutions (MSI) posted Operating Expenses of $691.0 million for Q2 2026, down 10.14% sequentially from $769.0 million in Q4 2025, and up 3.29% YoY from $669.0 million in Q2 2025.
Motorola Solutions (MSI) Operating Expenses (2009 - 2026) Analysis & Trends
Motorola Solutions has reported Operating Expenses for 18 years, with the latest figure at $691.0 million in Q2 2026.
- Quarterly Operating Expenses rose 3.29% year-over-year to $691.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $2.9 billion (up 5.06% YoY) and the FY2025 annual result came in at $2.8 billion, up 6.41% from the prior year.
- Operating Expenses slipped to $691.0 million in Q2 2026 per MSI's latest filing, from $769.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $769.0 million in Q4 2025 and troughed at $526.0 million in Q2 2022.
- A 5-year average of $638.4 million and a median of $641.0 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses grew 14.35% in 2024, then increased 3.29% in 2026.
- Over 5 years, Operating Expenses stood at $583.0 million in 2022, then climbed by 9.95% to $641.0 million in 2023, then rose by 14.35% to $733.0 million in 2024, then grew by 4.91% to $769.0 million in 2025, then slipped by 10.14% to $691.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $691.0 million, $769.0 million, and $722.0 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 6.12 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 9.93 Bn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 756.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 182.50 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | -1.02 Bn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 453.68 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 79.89 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | -1.95 Bn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 329.10 Mn |
| 10 | Zebra Technologies | 17.79 Bn | 17.63 Bn | 825.00 Mn | 504.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 756.00 Mn |
| Apr 4, 2026 | 691.00 Mn |
| Dec 31, 2025 | 769.00 Mn |
| Sep 27, 2025 | 722.00 Mn |
| Jun 28, 2025 | 681.00 Mn |
| Mar 29, 2025 | 669.00 Mn |
| Dec 31, 2024 | 733.00 Mn |
| Sep 28, 2024 | 673.00 Mn |
| Jun 29, 2024 | 650.00 Mn |
| Mar 30, 2024 | 615.00 Mn |
| Dec 31, 2023 | 641.00 Mn |
| Sep 30, 2023 | 595.00 Mn |
| Jul 1, 2023 | 605.00 Mn |
| Apr 1, 2023 | 578.00 Mn |
| Dec 31, 2022 | 583.00 Mn |
| Oct 1, 2022 | 575.00 Mn |
| Jul 2, 2022 | 547.00 Mn |
| Apr 2, 2022 | 526.00 Mn |
| Dec 31, 2021 | 557.00 Mn |
| Oct 2, 2021 | 534.00 Mn |