Motorola Solutions (MSI) Revenue — Quarter Ended Jul 1, 2023
Revenue increased from both the preceding quarter and the same quarter one year earlier. The uptick reflects broad-based demand for the company's products and services.
Key takeaway
Quarter ended Jul 1, 2023 · FY2023 Q2
Revenue increased from both the preceding quarter and the same quarter one year earlier. The uptick reflects broad-based demand for the company's products and services.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.4B
Revenue reported for this quarter.
Quarter-over-quarter
+10.7%
Change from the immediately preceding quarter.
Year-over-year
+12.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 1, 2022 | $2.4B | +12.6% |
| Dec 31, 2022 | $2.7B | +16.7% |
| Apr 1, 2023 | $2.2B | +14.7% |
| Jul 1, 2023 | $2.4B | +12.3% |
Revenue performance
The reported revenue rose sequentially, marking a solid performance for the period.
Quarterly comparison
Compared with the immediately preceding quarter, revenue grew. Versus the same quarter one year ago, revenue also increased.
What to watch
Monitor the trajectory of operating cash flows given the recent impact of a one-time tax payment.