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Motorola Solutions cash flow statement

In fiscal 2025, Motorola Solutions's operations generated $2.84bn of cash; it spent $265m on capital projects, leaving free cash flow of $2.57bn. It returned $728m in dividends and $1.15bn through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Motorola Solutions: cash flow statement, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJul 2026
Cash from operations627803848674555−6371,0211,1651,3461,0751,8231,6131,8371,8232,0442,3912,8372,974
Depreciation and amortisation388353366151158173150295343360394409438440356336425388
Stock-based pay1371441681461209478686673118129129172212243293357
Capital spending136192186170169181175271227197248217243256253257265297
Free cash flow491611662504386−8188468941,1198781,5751,3961,5941,5671,7912,1342,5722,677
Free cash flow after stock pay354467494358266−9127688261,0538051,4571,2671,4651,3951,5791,8912,2792,320
Dividends paid11408270292318277280307337379436482530589654728766
Share buybacks001,1102,4381,6942,5463,1778424831323156125288368042441,1541,060
Shares issued116179192133165878493821681141081021561047546—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Motorola Solutions's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Motorola Solutions.