Record orders, a $15.6 billion backlog and a tariff refund helped drive stronger quarterly results and a higher full-year forecast.
Motorola Solutions raised its full-year revenue and profit outlook after second-quarter results topped expectations on strong demand for public safety communications, record orders and a one-time tariff refund. Revenue for the quarter ended July 4 rose 13% to $3.13 billion, ahead of the $3 billion LSEG consensus, while adjusted earnings per share reached $4.41, including a $60 million, or $0.25 a share, benefit from tariff refunds. Products and Systems Integration sales increased 15% to $1.91 billion, Software and Services revenue rose 10% to $1.23 billion, operating cash flow climbed to $469 million from $272 million a year earlier, and backlog reached a record $15.6 billion, up 11% from a year earlier. The company now expects about $12.98 billion in 2026 revenue and adjusted earnings of $17.62 to $17.72 a share, above its prior forecast and Wall Street estimates, while forecasting third-quarter revenue growth of about 8% and adjusted earnings of $4.39 to $4.44 a share.