Motorola Solutions beats first quarter 2026 estimates and raises guidance, driven by 18% growth in Software and Services.

Motorola Solutions reported first-quarter 2026 revenue of $2.71 billion, up 7% year-over-year, and non-GAAP EPS of $3.37, beating analyst estimates. The company raised its full-year 2026 guidance for both revenue and earnings, citing robust, broad-based demand.

Key Highlights

• The Software and Services segment reported strong sales growth of 18% year-over-year to $1.16 billion, significantly outpacing the 1% growth in the Products and Systems Integration segment.
• Ending backlog reached a first-quarter record of $15.7 billion, an increase of 11% or $1.6 billion from the prior year, signaling sustained customer demand.
• Full-year 2026 guidance was raised, with revenue now expected at approximately $12.8 billion and non-GAAP EPS projected between $16.87 and $16.99.