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
Download Data
Historic 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 |