Motorola Solutions stock gains as Q3 backlog and 2026 outlook strengthen

Motorola Solutions reported stronger third-quarter demand on Wednesday, November 4, after the US market close, and raised its full-year 2026 outlook. The update, covered by ad-hoc-news.de, adds a stronger operating backdrop to the recent reporting sequence.

Backlog broadens demand visibility

Third-quarter sales rose 12 percent year over year to 3.376 billion US dollars. Products and Systems Integration revenue increased 12 percent to 2.118 billion US dollars, while Software and Services revenue gained 13 percent to 1.258 billion US dollars.

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 and Software and Services backlog rose 13 percent, giving investors a larger contracted base to monitor into 2027.

Higher guidance meets execution risks

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 the GAAP operating margin fell to 23.0 percent from 25.6 percent, primarily because of a higher contingent Silvus earnout provision.

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 the operating cash-flow target increased to 3.050 billion US dollars. Fourth-quarter guidance calls for revenue growth of approximately 13 percent and non-GAAP earnings per share of 5.47 to 5.52 US dollars.

Stock trades above prior Xetra close

Motorola Solutions stock traded at 477.35 euros on Lang & Schwarz at 16:29 CET on Wednesday, November 11, 1.46 percent above the Xetra close of 470.50 euros on Tuesday, November 10. The Xetra closing price is shown by Yahoo Finance.

The broader US equity market is represented by the S&P 500.

Further results, outlook updates and analysis are available on the More news and analyses on Motorola Solutions stock page.