Motorola Solutions MSI
NYSE MSI
$467.96 -4.29 (-0.91%)
At close: Sep 4, 2026 · 4:00 PM EDT

Motorola Solutions (MSI) Operating Expenses (2009 - 2026)

Motorola Solutions' (MSI) quarterly Operating Expenses came in at $756.0 million in Q3 2026, up 11.01% year-over-year from $681.0 million in Q3 2025, and up 9.41% quarter-over-quarter from $691.0 million in Q2 2026.

Analysis

Motorola Solutions (MSI) Operating Expenses (2009 - 2026) Analysis & Trends

Motorola Solutions has disclosed Operating Expenses across 18 years of filings, most recently posting $756.0 million for Q3 2026.

  • In Q3 2026, Operating Expenses rose 11.01% year-over-year to $756.0 million; the TTM figure through Jul 2026 stood at $2.9 billion (up 6.6% YoY), while the FY2025 annual figure was $2.8 billion, up 6.41% from the prior year.
  • Operating Expenses came in at $756.0 million for Q3 2026 at Motorola Solutions, up from $691.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $769.0 million in Q4 2025 to a low of $526.0 million in Q2 2022.
  • Average Operating Expenses over 5 years is $644.9 million, with a median of $645.5 million recorded in 2023.
  • Year-over-year, Operating Expenses climbed 14.35% in 2024 and grew 3.29% in 2026.
  • Over 5 years, Operating Expenses stood at $583.0 million in 2022, then gained by 9.95% to $641.0 million in 2023, then grew by 14.35% to $733.0 million in 2024, then advanced by 4.91% to $769.0 million in 2025, then declined by 1.69% to $756.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $756.0 million in Q3 2026, $691.0 million in Q2 2026, and $769.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Lockheed Martin 121.20 Bn 117.41 Bn 2.45 Bn -
2 General Dynamics 97.24 Bn 92.90 Bn 6.76 Bn 12.63 Bn
3 Motorola Solutions 77.45 Bn 76.75 Bn 1.68 Bn 756.00 Mn
4 Northrop Grumman 73.15 Bn 70.84 Bn 3.72 Bn 9.78 Bn
5 L3Harris Technologies 47.76 Bn 47.20 Bn 1.50 Bn 848.00 Mn
6 Elbit Systems 32.66 Bn 31.70 Bn 579.01 Mn 360.21 Mn
7 Teledyne Technologies 28.32 Bn 27.98 Bn 738.10 Mn 1.33 Bn
8 Curtiss Wright 20.93 Bn 20.46 Bn 364.09 Mn 139.39 Mn
9 Leidos Holdings 16.70 Bn 16.01 Bn 817.00 Mn 310.00 Mn
10 Caci International 13.78 Bn 13.58 Bn 913.55 Mn 2.44 Bn
Historic Data

Historic Data

Download Data
DateValue
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