MSI · Earnings call · 2026Q2T · Full report

Software Subscription Growth

Motorola Solutions, Inc. · 2026-08-05 · Importance 81 · Surprise 82 · In source text

APX NEXT software subscribers are expected to reach 300,000 by year-end 2026, up from approximately 200,000 at year-end 2025. Application pricing is approximately $300 per year and has increased modestly with new applications. The subscription business is expected to approach $100 million of annual recurring revenue by the end of 2026. Key applications include SmartConnect, Smart Programming and Location.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiveprobableThey expect 300,000 APX NEXT subscribers by year-end 2026, up from about 200,000 by end of 2025.
revenuepositiveprobableThey expect the APX NEXT app ecosystem to be almost a $100 million ARR business by year-end.
revenuepositivecommittedThey said many D-Series customers are signing up for new 5- and 10-year Software and Services wrappers around infrastructure purchases.