Q1 25 EPS
$3.18
BEAT +5.66%
Est. $3.01
Q1 25 Revenue
$2.53B
BEAT +0.42%
Est. $2.52B
vs S&P Since Q1 25
-33.7%
TRAILING MARKET
MSI -1.5% vs S&P +32.2%
Market Reaction
Did MSI Beat Earnings? Q1 2025 Results
Motorola Solutions kicked off 2025 with a record first quarter, posting non-GAAP EPS of $3.18, a 5.66% beat against the $3.01 consensus, as revenue climbed 5.8% year-over-year to $2.53 billion, edging past the $2.52 billion Wall Street expected. The … Read more Motorola Solutions kicked off 2025 with a record first quarter, posting non-GAAP EPS of $3.18, a 5.66% beat against the $3.01 consensus, as revenue climbed 5.8% year-over-year to $2.53 billion, edging past the $2.52 billion Wall Street expected. The headline driver was a powerful combination of North American Land Mobile Radio shipments and accelerating Software and Services momentum, with the latter segment growing 9% to $982 million as Video Security, LMR services, and Command Center all contributed. Non-GAAP operating margin expanded 160 basis points to 28.3%, reflecting favorable product mix and lower direct material costs, while operating cash flow hit a Q1 record of $510 million. Management kept its full-year guidance intact, targeting approximately 5.5% revenue growth and non-GAAP EPS of $14.64 to $14.74, even as the company acknowledged tariff-related cost pressures it expects to largely offset. For Q2, Motorola guided roughly 4% revenue growth and non-GAAP EPS of $3.32 to $3.37, signaling continued confidence in its public safety technology franchise.
Key Takeaways
- • Growth in North America demand for safety and security solutions
- • Strong Land Mobile Radio Communications shipments driving Products and Systems Integration segment
- • Video Security and Access Control, LMR services, and Command Center growth driving Software and Services segment
- • Favorable mix and lower direct material costs expanding operating margins
- • Higher earnings and working capital improvements boosting operating cash flow
MSI YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
MSI Revenue by Segment
With YoY comparisons, source: SEC Filings
“Q1 was an excellent start to the year, with record first-quarter sales, operating earnings and cash flow. Our customers are continuing to prioritize investments in safety and security, which is driving our continued expectations for strong revenue, earnings and cash flow growth for the year.”
— Greg Brown, Q1 2025 Earnings Press Release
MSI Earnings Trends
MSI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
MSI EPS Trend
Earnings per share: estimate vs actual
MSI Revenue Trend
Quarterly revenue: estimate vs actual
MSI Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $3.25 | $3.37 | +3.83% | $2.71B | +0.52% |
| Q4 25 BEAT FY | $4.35 | $4.59 | +5.44% | $3.38B | +1.05% |
| FY Full Year | $15.16 | $15.38 | +1.48% | $11.68B | +0.32% |
| Q3 25 BEAT | $3.85 | $4.06 | +5.45% | $3.01B | +0.68% |
| Q2 25 BEAT | $3.36 | $3.57 | +6.21% | $2.77B | +1.18% |
| Q1 25 BEAT | $3.01 | $3.18 | +5.66% | $2.53B | +0.42% |