# MOTOROLA SOLUTIONS, INC. (MSI) FY2024 Q3 P&L / Income Statement - Company: MOTOROLA SOLUTIONS, INC. (MSI) - Period: 2024-06-30 to 2024-09-28 - Filing: Q3 FY2024 10-Q, filed 2024-11-07, accession number 0000068505-24-000034 - Page: https://plicit.ai/financials/msi/fy2024-q3-income-statement - Chart image: https://plicit.ai/charts/msi-fy2024-q3-income-statement-sankey.png ## Chart details: Revenue by Product and Service (3 categories) Income statement for 2024-06-30 through 2024-09-28. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,790,000,000 US dollars - **Costs of sales**: 1,357,000,000 US dollars - **Gross margin**: 1,433,000,000 US dollars - **Operating costs, including other operating expenses (calculated)**: 722,000,000 US dollars - **Operating earnings**: 711,000,000 US dollars - **Total other expense**: negative 16,000,000 US dollars - **Net earnings before income taxes**: 695,000,000 US dollars - **Income tax expense**: 132,000,000 US dollars - **Net earnings**: 563,000,000 US dollars - **LMR Communications**: 2,088,000,000 US dollars - **Video**: 500,000,000 US dollars - **Command Center**: 202,000,000 US dollars - **Selling, general and administrative expenses**: 439,000,000 US dollars - **Research and development expenditures**: 234,000,000 US dollars - **Other charges**: 49,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to MOTOROLA SOLUTIONS, INC.: $562.00 M; to noncontrolling interests: $1.00 M. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/msi/fy2024-q3-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/msi-fy2024-q3-revenue-by-business-segment-sankey.png Income statement for 2024-06-30 through 2024-09-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,790,000,000 US dollars - **Costs of sales**: 1,357,000,000 US dollars - **Gross margin**: 1,433,000,000 US dollars - **Operating costs, including other operating expenses (calculated)**: 722,000,000 US dollars - **Operating earnings**: 711,000,000 US dollars - **Total other expense**: negative 16,000,000 US dollars - **Net earnings before income taxes**: 695,000,000 US dollars - **Income tax expense**: 132,000,000 US dollars - **Net earnings**: 563,000,000 US dollars - **Products and Systems Integration**: 1,784,000,000 US dollars - **Software and Services**: 1,006,000,000 US dollars - **Selling, general and administrative expenses**: 439,000,000 US dollars - **Research and development expenditures**: 234,000,000 US dollars - **Other charges**: 49,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to MOTOROLA SOLUTIONS, INC.: $562.00 M; to noncontrolling interests: $1.00 M. ## Chart details: Revenue by Business Segment by Geography - Page: https://plicit.ai/financials/msi/fy2024-q3-income-statement/revenue-by-business-segment-by-geography - Chart image: https://plicit.ai/charts/msi-fy2024-q3-revenue-by-business-segment-by-geography-sankey.png Income statement for 2024-06-30 through 2024-09-28. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,790,000,000 US dollars - **Costs of sales**: 1,357,000,000 US dollars - **Gross margin**: 1,433,000,000 US dollars - **Operating costs, including other operating expenses (calculated)**: 722,000,000 US dollars - **Operating earnings**: 711,000,000 US dollars - **Total other expense**: negative 16,000,000 US dollars - **Net earnings before income taxes**: 695,000,000 US dollars - **Income tax expense**: 132,000,000 US dollars - **Net earnings**: 563,000,000 US dollars - **Products and Systems Integration - International**: 480,000,000 US dollars - **Products and Systems Integration - North America**: 1,304,000,000 US dollars - **Software and Services - International**: 303,000,000 US dollars - **Software and Services - North America**: 703,000,000 US dollars - **Selling, general and administrative expenses**: 439,000,000 US dollars - **Research and development expenditures**: 234,000,000 US dollars - **Other charges**: 49,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to MOTOROLA SOLUTIONS, INC.: $562.00 M; to noncontrolling interests: $1.00 M. ## Chart details: Revenue by Sales Channel - Page: https://plicit.ai/financials/msi/fy2024-q3-income-statement/revenue-by-sales-channel - Chart image: https://plicit.ai/charts/msi-fy2024-q3-revenue-by-sales-channel-sankey.png Income statement for 2024-06-30 through 2024-09-28. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,790,000,000 US dollars - **Costs of sales**: 1,357,000,000 US dollars - **Gross margin**: 1,433,000,000 US dollars - **Operating costs, including other operating expenses (calculated)**: 722,000,000 US dollars - **Operating earnings**: 711,000,000 US dollars - **Total other expense**: negative 16,000,000 US dollars - **Net earnings before income taxes**: 695,000,000 US dollars - **Income tax expense**: 132,000,000 US dollars - **Net earnings**: 563,000,000 US dollars - **Direct**: 2,025,000,000 US dollars - **Indirect**: 765,000,000 US dollars - **Selling, general and administrative expenses**: 439,000,000 US dollars - **Research and development expenditures**: 234,000,000 US dollars - **Other charges**: 49,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to MOTOROLA SOLUTIONS, INC.: $562.00 M; to noncontrolling interests: $1.00 M. ## Chart details: Revenue by Product and Service (2 categories) - Page: https://plicit.ai/financials/msi/fy2024-q3-income-statement/revenue-by-product-and-service-2-categories - Chart image: https://plicit.ai/charts/msi-fy2024-q3-revenue-by-product-and-service-2-categories-sankey.png Income statement for 2024-06-30 through 2024-09-28. View: Product and service (2 categories). Revenue and costs use their disclosed categories. - **Net sales**: 2,790,000,000 US dollars - **Costs of sales**: 1,357,000,000 US dollars - **Gross margin**: 1,433,000,000 US dollars - **Operating costs, including other operating expenses (calculated)**: 722,000,000 US dollars - **Operating earnings**: 711,000,000 US dollars - **Total other expense**: negative 16,000,000 US dollars - **Net earnings before income taxes**: 695,000,000 US dollars - **Income tax expense**: 132,000,000 US dollars - **Net earnings**: 563,000,000 US dollars - **Products revenue**: 1,670,000,000 US dollars - **Services revenue**: 1,120,000,000 US dollars - **Products cost of revenue**: 688,000,000 US dollars - **Services cost of revenue**: 669,000,000 US dollars - **Selling, general and administrative expenses**: 439,000,000 US dollars - **Research and development expenditures**: 234,000,000 US dollars - **Other charges**: 49,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to MOTOROLA SOLUTIONS, INC.: $562.00 M; to noncontrolling interests: $1.00 M. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/msi/fy2024-q3-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/msi-fy2024-q3-revenue-by-geography-sankey.png Income statement for 2024-06-30 through 2024-09-28. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,790,000,000 US dollars - **Costs of sales**: 1,357,000,000 US dollars - **Gross margin**: 1,433,000,000 US dollars - **Operating costs, including other operating expenses (calculated)**: 722,000,000 US dollars - **Operating earnings**: 711,000,000 US dollars - **Total other expense**: negative 16,000,000 US dollars - **Net earnings before income taxes**: 695,000,000 US dollars - **Income tax expense**: 132,000,000 US dollars - **Net earnings**: 563,000,000 US dollars - **North America**: 2,007,000,000 US dollars - **International**: 783,000,000 US dollars - **Selling, general and administrative expenses**: 439,000,000 US dollars - **Research and development expenditures**: 234,000,000 US dollars - **Other charges**: 49,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to MOTOROLA SOLUTIONS, INC.: $562.00 M; to noncontrolling interests: $1.00 M. ## Chart details: Revenue by Business Segment by Product and Service - Page: https://plicit.ai/financials/msi/fy2024-q3-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/msi-fy2024-q3-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-06-30 through 2024-09-28. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,790,000,000 US dollars - **Costs of sales**: 1,357,000,000 US dollars - **Gross margin**: 1,433,000,000 US dollars - **Operating costs, including other operating expenses (calculated)**: 722,000,000 US dollars - **Operating earnings**: 711,000,000 US dollars - **Total other expense**: negative 16,000,000 US dollars - **Net earnings before income taxes**: 695,000,000 US dollars - **Income tax expense**: 132,000,000 US dollars - **Net earnings**: 563,000,000 US dollars - **Products and Systems Integration - Command Center**: 0 US dollars - **Products and Systems Integration - LMR Communications**: 1,492,000,000 US dollars - **Products and Systems Integration - Video**: 292,000,000 US dollars - **Software and Services - Command Center**: 202,000,000 US dollars - **Software and Services - LMR Communications**: 596,000,000 US dollars - **Software and Services - Video**: 208,000,000 US dollars - **Selling, general and administrative expenses**: 439,000,000 US dollars - **Research and development expenditures**: 234,000,000 US dollars - **Other charges**: 49,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to MOTOROLA SOLUTIONS, INC.: $562.00 M; to noncontrolling interests: $1.00 M. ## Chart details: Revenue by Business Segment by Sales Channel - Page: https://plicit.ai/financials/msi/fy2024-q3-income-statement/revenue-by-business-segment-by-sales-channel - Chart image: https://plicit.ai/charts/msi-fy2024-q3-revenue-by-business-segment-by-sales-channel-sankey.png Income statement for 2024-06-30 through 2024-09-28. View: Segments by Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales**: 2,790,000,000 US dollars - **Costs of sales**: 1,357,000,000 US dollars - **Gross margin**: 1,433,000,000 US dollars - **Operating costs, including other operating expenses (calculated)**: 722,000,000 US dollars - **Operating earnings**: 711,000,000 US dollars - **Total other expense**: negative 16,000,000 US dollars - **Net earnings before income taxes**: 695,000,000 US dollars - **Income tax expense**: 132,000,000 US dollars - **Net earnings**: 563,000,000 US dollars - **Products and Systems Integration - Direct**: 1,108,000,000 US dollars - **Products and Systems Integration - Indirect**: 676,000,000 US dollars - **Software and Services - Direct**: 917,000,000 US dollars - **Software and Services - Indirect**: 89,000,000 US dollars - **Selling, general and administrative expenses**: 439,000,000 US dollars - **Research and development expenditures**: 234,000,000 US dollars - **Other charges**: 49,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Of which attributable to MOTOROLA SOLUTIONS, INC.: $562.00 M; to noncontrolling interests: $1.00 M.