How did Motorola Solutions' revenue and expenses trend in Q4 2024?

Motorola Solutions Inc. (MSI) demonstrated robust financial performance in Q4 2024, with notable growth in revenue and specific segments showing strong performance. However, certain expenses also reflected increased investments and operational adjustments.

1. Revenue Trend:
   • MSI reported an overall revenue of $3.01 billion for Q4 2024, marking a year-over-year growth of 6%.
   • The Land Mobile Radio Mission Critical Communication segment contributed significantly, with $8.1 billion and $5.85 billion in revenue, respectively.
   • The Video Security and Access Control segment showed strong revenue at $1.92 billion and $1.37 billion.
   • The Command Center Software segment contributed $797 million and $581 million.

2. Expense Analysis:
   • Gross Margin stood at 50.96% for Q4 2024, indicating efficient cost management and a strong profitability margin.
   • Research and Development (R&D) expenses were $246 million, reflecting ongoing investments in innovation.
   • Selling, General, and Administrative (SG&A) expenses totaled $526 million, which may include increased employee incentives and operational costs.
   • No data was available for Sales and Marketing Expenses for Q4 2024.

3. Comparative Insights:
   • In Q3 2024, MSI reported a 9% revenue increase and a 17% increase in gross margin, highlighting consistent improvement in profitability.
   • The company's operating cash flow reached a record $759 million in Q3 2024, up $45 million from the previous year.
   • MSI raised its full-year revenue growth guidance to 8.25% and increased its non-GAAP EPS forecast to between $13.63 and $13.68 per share.

In conclusion, MSI's Q4 2024 financials show a clear upward trajectory in revenue, with significant contributions from key business segments. While expenses are increasing due to investments and operational adjustments, the company's gross margin remains robust, and cash flow is at record levels. These factors collectively point to a company that is growing confidently and managing its finances effectively.