MSI · Earnings call · 2026Q2T · Full report
Operating Cash Flow Trends
Motorola Solutions, Inc. · 2026-08-05 · Importance 63 · Surprise 64 · In source text
Second-quarter operating cash flow was $469 million, up $197 million year over year. Free cash flow was $414 million, an increase of $190 million from the prior-year quarter. Higher earnings drove the cash-flow improvement, partially offset by increased inventory investment. Management said the company generated just under $500 million of operating cash flow and maintained flexibility for capital deployment.
Key facts
- Q2 operating cash flow was $469 million, up $197 million year-over-year.
- Q2 free cash flow was $414 million, up $190 million year-over-year.
- Greg said Q2 drove just under $500 million in operating cash flow.
- Motorola generated just under $500 million of operating cash flow in Q2.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | — | Q2 operating cash flow was $469 million, up $197 million year-over-year. |
| cash | positive | realized | — | Q2 free cash flow was $414 million, up $190 million year-over-year. |
| cash | positive | realized | — | Motorola generated just under $500 million of operating cash flow in Q2. |