Motorola Solutions Reports Strong Q3 2026 Results with Record Backlog and Raised Guidance
Motorola Solutions (MSI) delivered a robust third-quarter performance for 2026, reporting revenue of $3.4 billion, a 12% increase year-over-year. The company saw significant growth across all technology segments in both North American and international markets. Key drivers included double-digit growth in Mission Critical Networks and Video, alongside a strong Software and Services segment which reached $1.3 billion. Financial health remains strong with an all-time record backlog of $16.6 billion and orders growing over 20% year-over-year. Consequently, management raised its full-year revenue guidance to $13.050 billion and increased non-GAAP EPS expectations. Despite these successes, the company faces potential headwinds in 2027 due to projected increases in memory costs, which could double compared to current levels.
Tickers: $MSI
Topics: Backlog Increase EPS Beat Guidance Raise Revenue Growth
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Part of the story Fintech Sector Reports Strong Q3 2026 Results and Raised Annual Guidance (26 articles)