Motorola Solutions (MSI) Q2 FY26 earnings call

Earnings call· Jun 2026 (Q2 FY26)· Information Technology· Aug 5, 2026

Source: earnings call transcript

Motorola Solutions delivered an exceptional Q2 FY26, marked by record sales, earnings, and backlog, leading to a significant raise in full-year guidance. The company's robust performance was fueled by broad-based demand across its safety and security ecosystem, particularly in mission-critical networks and video solutions, alongside strong contributions from Silvus. Management expressed confidence in continued double-digit growth for both segments and all technologies in the second half, driven by strategic product releases and effective supply chain management despite rising memory costs.

You’re reading a preview. Opening the full call uses 1 concall credit.

MSI operating KPIs by quarter

MSI operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Dec 2024 Q4 FY24	Mar 2025 Q1 FY25	Jun 2025 Q2 FY25	Sep 2025 Q3 FY25	Dec 2025 Q4 FY25	Mar 2026 Q1 FY26	This call Jun 2026 Q2 FY26	Change vs prior quarter
Backlog	$14.7B Additionally, we generated Q4 record operating earnings in both segments and ended the year with record backlog of $14.7 billion, up $438 million, inclusive of $226 million of unfavorable currency rates. Source: earnings call transcript	$14.1B Ending backlog for Q1 was $14.1 billion, down $306 million or 2% versus last year, driven by strong LMR shipments and revenue recognition from the UK Home Office, partially offset by strong growth across all 3 technologies within software and services. Source: earnings call transcript	$14.1B Ending backlog for Q2 was $14.1 billion, up $150 million versus last year and up $19 million sequentially driven by strong demand, including record Q2 orders, which were up double digits in both of our segments. Source: earnings call transcript	$14.6B We also ended the quarter with our highest Q3 ending backlog ever of $14.6 billion, up $467 million versus last year, which included a record $11 billion of S&S backlog that is increasingly driven by our Command Center and video solutions. Source: earnings call transcript	$15.7B We also grew orders by 26% and ended the year with our highest ever backlog of $15.7 billion, up $1 billion year-over-year. Source: earnings call transcript	$15.7B Our record Q1 orders grew 38%, contributing to a record Q1 ending backlog position of $15.7 billion, up 11% versus a year ago. Source: earnings call transcript	$15.6B As a result, we achieved a record Q2 ending backlog of $15.6 billion, which is up 11% versus a year ago. Source: earnings call transcript	-0.6%
Backlog Software and Services	$10.6B We also finished the year with S&S backlog of $10.6 billion, up 14%, including record backlog in all three technologies, which is informing our guide for another strong year of growth in 2025. Source: earnings call transcript	—	$10.7B Second, investments in public safety and security continue to be a priority for our customers, highlighted by our record Q2 orders, up 27% versus last year, inclusive of 10% growth in products, we also ended the quarter with over $14.1 billion of backlog, including $10.7 billion of software and services backlog, which is our highest S&S backlog ever and up $1 billion versus last year. Source: earnings call transcript	$11B We also ended the quarter with our highest Q3 ending backlog ever of $14.6 billion, up $467 million versus last year, which included a record $11 billion of S&S backlog that is increasingly driven by our Command Center and video solutions. Source: earnings call transcript	—	—	—	+2.8%

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.