MSI · Earnings call · 2026Q2T · Full report
Backlog and Demand
Motorola Solutions, Inc. · 2026-08-05 · Importance 66 · Surprise 40 · No source text
Motorola Solutions reported record Q2 orders across all three technologies, supporting ending backlog of $15.6 billion, up 11% year over year. Management cited strong demand for public safety LMR, Video, Command Center and multiyear Software and Services contracts. Products and SI backlog increased $329 million year over year, while Software and Services backlog increased $1.2 billion, led by demand across all three technologies. Management expects double-digit order growth in the second half and views stronger revenue conversion, rather than backlog alone, as the primary growth driver.
Key facts
- Ending backlog for Q2 was $15.6 billion, up $1.5 billion or 11% versus last year.
- They cited customer multi-year contract examples: Minnesota Department of Transportation for 5 years, Maryland for a 10-year renewal, and customers in Australia signing on for 10 years.
- They stated the second half remains planned as strong and they expect double-digit orders growth in the second half.
- In Products and SI, backlog increased $329 million versus last year; sequentially backlog decreased $99 million driven by strong MCN shipments.
- In Software and Services, backlog increased $1.2 billion compared to last year; sequentially backlog increased $28 million.
- Sequentially, total backlog declined $71 million, primarily driven by revenue recognition for the U.K. Home Office.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | +23.9% | Ending backlog for Q2 was $15.6 billion, up $1.5 billion or 11% versus last year. |
| revenue | positive | committed | — | They cited customer multi-year contract examples: Minnesota Department of Transportation for 5 years, Maryland for a 10-year renewal, and… |
| revenue | positive | probable | — | They stated the second half remains planned as strong and they expect double-digit orders growth in the second half. |
| assets | positive | realized | — | In Products and SI, backlog increased $329 million versus last year; sequentially backlog decreased $99 million driven by strong MCN… |
| assets | negative | realized | — | In Products and SI, backlog increased $329 million versus last year; sequentially backlog decreased $99 million driven by strong MCN… |
| assets | positive | realized | — | In Software and Services, backlog increased $1.2 billion compared to last year; sequentially backlog increased $28 million. |
| assets | positive | realized | — | In Software and Services, backlog increased $1.2 billion compared to last year; sequentially backlog increased $28 million. |