Motorola Solutions stock: Q3 demand lifts 2026 outlook again
Published on 11/09/2026 at 16:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWhat the quarter changes
- Motorola Solutions raised its full-year 2026 revenue, adjusted earnings and operating cash-flow outlook.
- Record orders lifted the backlog, while acquisition costs and supply pressures affected GAAP profitability.
- Fourth-quarter guidance points to continued double-digit revenue growth and a defined earnings range.
Motorola Solutions reported stronger third-quarter demand on Wednesday, November 4, after the US market close, and raised its full-year outlook. The company's release, carried by Business Wire, showed double-digit growth in both operating segments and record orders.
Motorola Solutions generated third-quarter sales of 3.376 billion US dollars, up 12 percent from the year-earlier quarter. Products and Systems Integration revenue rose 12 percent to 2.118 billion US dollars, while Software and Services revenue increased 13 percent to 1.258 billion US dollars.
Backlog strengthens demand visibility
Ending backlog reached a record 16.6 billion US dollars, 14 percent above the year-earlier level. Products and Systems Integration backlog increased 18 percent, while Software and Services backlog rose 13 percent, giving investors a larger contracted base to monitor as the company moves into 2027.
Adjusted operating earnings rose 19 percent to 1.096 billion US dollars, and non-GAAP earnings per share increased 16 percent to 4.69 US dollars. GAAP earnings per share declined to 3.06 US dollars from 3.33 US dollars, while GAAP operating margin fell to 23.0 percent from 25.6 percent, primarily because of a higher contingent Silvus earnout provision. The release said non-GAAP figures exclude highlighted items, share-based compensation and intangible-asset amortization.
Guidance moves higher again
Management raised full-year 2026 revenue guidance to 13.050 billion US dollars from 12.975 billion US dollars. The non-GAAP earnings outlook moved to 17.94 to 17.99 US dollars per share from 17.62 to 17.72 US dollars, and operating cash-flow expectations increased to 3.050 billion US dollars.
For the fourth quarter, Motorola Solutions expects revenue growth of approximately 13 percent and non-GAAP earnings per share of 5.47 to 5.52 US dollars. The outlook remains exposed to higher memory costs, tariffs and supply-chain volatility, while acquisition integration remains an execution issue for investors.
Stock context for investors
Motorola Solutions stock traded at 465.35 euros on Lang & Schwarz at 16:04 CET on Monday, November 9, 2026.
Motorola Solutions at a glance
- Company: Motorola Solutions, Inc.
- ISIN: US6200763075
- Stock quote: 465.35 euros on Lang & Schwarz at 16:04 CET on November 9, 2026
- Q3 sales: 3.376 billion US dollars
- Q3 backlog: 16.6 billion US dollars
The broader US equity market is represented by the S&P 500.
Further results, outlook updates and analysis are available on the Motorola Solutions stock news and analysis page.
