MSI · 8-K · 20260805PR000027

Operating Cash Flow Trends

Motorola Solutions, Inc. · 2026-08-05 · Importance 69 · Surprise 64

Q2 operating cash flow increased to $469 million from $272 million, a $197 million year-over-year improvement. Free cash flow increased to $414 million from $224 million after $55 million of capital expenditures. Higher earnings, net of non-cash charges, and lower tax payments drove the cash-flow improvement, partly offset by higher inventory investments. Inventory increased to $1.333 billion at July 4, 2026 from $983 million at December 31, 2025.