vs

Side-by-side financial comparison of EQT Corporation (EQT) and Motorola Solutions (MSI). Click either name above to swap in a different company.

Motorola Solutions is the larger business by last-quarter revenue ($3.4B vs $3.4B, roughly 1.0× EQT Corporation). EQT Corporation runs the higher net margin — 44.0% vs 19.2%, a 24.8% gap on every dollar of revenue. On growth, EQT Corporation posted the faster year-over-year revenue change (94.2% vs 12.3%). EQT Corporation produced more free cash flow last quarter ($1.9B vs $1.1B). Over the past eight quarters, EQT Corporation's revenue compounded faster (94.9% CAGR vs 18.9%).

EQT Corporation is a leading independent natural gas exploration and production company headquartered in Pittsburgh, Pennsylvania, U.S. It mainly operates in the Appalachian Basin, producing natural gas, natural gas liquids and crude oil to supply energy for residential, commercial, industrial and power generation needs across North American markets.

Motorola Solutions, Inc., is an American technology company that provides safety and security products and services. Headquartered in Chicago, Illinois, the company provides critical communications, video security, and command center technologies, used by public safety agencies and enterprises. It was formed in 2011 by the division of Motorola, Inc.

EQT vs MSI — Head-to-Head

Bigger by revenue
MSI
MSI
1.0× larger
MSI
$3.4B
$3.4B
EQT
Growing faster (revenue YoY)
EQT
EQT
+81.9% gap
EQT
94.2%
12.3%
MSI
Higher net margin
EQT
EQT
24.8% more per $
EQT
44.0%
19.2%
MSI
More free cash flow
EQT
EQT
$803.0M more FCF
EQT
$1.9B
$1.1B
MSI
Faster 2-yr revenue CAGR
EQT
EQT
Annualised
EQT
94.9%
18.9%
MSI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EQT
EQT
MSI
MSI
Revenue
$3.4B
$3.4B
Net Profit
$1.5B
$649.0M
Gross Margin
52.3%
Operating Margin
60.3%
27.9%
Net Margin
44.0%
19.2%
Revenue YoY
94.2%
12.3%
Net Profit YoY
514.5%
6.2%
EPS (diluted)
$2.36
$3.85

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EQT
EQT
MSI
MSI
Q1 26
$3.4B
Q4 25
$2.4B
$3.4B
Q3 25
$2.0B
$3.0B
Q2 25
$2.6B
$2.8B
Q1 25
$1.7B
$2.5B
Q4 24
$1.6B
$3.0B
Q3 24
$1.3B
$2.8B
Q2 24
$889.5M
$2.6B
Net Profit
EQT
EQT
MSI
MSI
Q1 26
$1.5B
Q4 25
$677.1M
$649.0M
Q3 25
$335.9M
$562.0M
Q2 25
$784.1M
$513.0M
Q1 25
$242.1M
$430.0M
Q4 24
$418.4M
$611.0M
Q3 24
$-300.8M
$562.0M
Q2 24
$9.5M
$443.0M
Gross Margin
EQT
EQT
MSI
MSI
Q1 26
Q4 25
83.8%
52.3%
Q3 25
80.7%
51.6%
Q2 25
84.8%
51.1%
Q1 25
78.3%
51.4%
Q4 24
76.2%
51.4%
Q3 24
65.7%
51.4%
Q2 24
38.9%
51.0%
Operating Margin
EQT
EQT
MSI
MSI
Q1 26
60.3%
Q4 25
42.5%
27.9%
Q3 25
30.8%
25.6%
Q2 25
44.3%
25.0%
Q1 25
28.5%
23.0%
Q4 24
48.1%
27.0%
Q3 24
-22.0%
25.5%
Q2 24
0.3%
24.5%
Net Margin
EQT
EQT
MSI
MSI
Q1 26
44.0%
Q4 25
28.4%
19.2%
Q3 25
17.1%
18.7%
Q2 25
30.7%
18.6%
Q1 25
13.9%
17.0%
Q4 24
25.8%
20.3%
Q3 24
-23.4%
20.1%
Q2 24
1.1%
16.9%
EPS (diluted)
EQT
EQT
MSI
MSI
Q1 26
$2.36
Q4 25
$1.08
$3.85
Q3 25
$0.53
$3.33
Q2 25
$1.30
$3.04
Q1 25
$0.40
$2.53
Q4 24
$0.74
$3.57
Q3 24
$-0.54
$3.29
Q2 24
$0.02
$2.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EQT
EQT
MSI
MSI
Cash + ST InvestmentsLiquidity on hand
$326.6M
$1.2B
Total DebtLower is stronger
$507.5M
Stockholders' EquityBook value
$28.8B
$2.4B
Total Assets
$41.7B
$19.4B
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQT
EQT
MSI
MSI
Q1 26
$326.6M
Q4 25
$110.8M
$1.2B
Q3 25
$235.7M
$894.0M
Q2 25
$555.5M
$3.2B
Q1 25
$281.8M
$1.6B
Q4 24
$202.1M
$2.1B
Q3 24
$89.0M
$1.4B
Q2 24
$30.0M
$1.4B
Total Debt
EQT
EQT
MSI
MSI
Q1 26
$507.5M
Q4 25
$7.8B
Q3 25
$8.2B
Q2 25
$8.3B
Q1 25
$8.4B
Q4 24
$9.3B
Q3 24
$13.8B
Q2 24
$5.0B
Stockholders' Equity
EQT
EQT
MSI
MSI
Q1 26
$28.8B
Q4 25
$23.8B
$2.4B
Q3 25
$23.2B
$2.3B
Q2 25
$21.4B
$2.0B
Q1 25
$20.7B
$1.6B
Q4 24
$20.6B
$1.7B
Q3 24
$20.3B
$1.3B
Q2 24
$15.1B
$802.0M
Total Assets
EQT
EQT
MSI
MSI
Q1 26
$41.7B
Q4 25
$41.8B
$19.4B
Q3 25
$41.2B
$18.8B
Q2 25
$39.7B
$16.4B
Q1 25
$39.7B
$14.4B
Q4 24
$39.8B
$14.6B
Q3 24
$39.9B
$13.9B
Q2 24
$24.7B
$13.3B
Debt / Equity
EQT
EQT
MSI
MSI
Q1 26
0.02×
Q4 25
0.33×
Q3 25
0.35×
Q2 25
0.39×
Q1 25
0.41×
Q4 24
0.45×
Q3 24
0.68×
Q2 24
0.33×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EQT
EQT
MSI
MSI
Operating Cash FlowLast quarter
$3.1B
$1.3B
Free Cash FlowOCF − Capex
$1.9B
$1.1B
FCF MarginFCF / Revenue
57.6%
33.8%
Capex IntensityCapex / Revenue
18.0%
3.4%
Cash ConversionOCF / Net Profit
2.05×
1.94×
TTM Free Cash FlowTrailing 4 quarters
$3.5B
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQT
EQT
MSI
MSI
Q1 26
$3.1B
Q4 25
$1.1B
$1.3B
Q3 25
$1.0B
$798.0M
Q2 25
$1.2B
$273.0M
Q1 25
$1.7B
$510.0M
Q4 24
$756.3M
$1.1B
Q3 24
$593.0M
$759.0M
Q2 24
$322.0M
$180.0M
Free Cash Flow
EQT
EQT
MSI
MSI
Q1 26
$1.9B
Q4 25
$512.7M
$1.1B
Q3 25
$391.3M
$732.0M
Q2 25
$692.1M
$225.0M
Q1 25
$1.2B
$473.0M
Q4 24
$164.7M
$984.0M
Q3 24
$23.5M
$702.0M
Q2 24
$-236.1M
$112.0M
FCF Margin
EQT
EQT
MSI
MSI
Q1 26
57.6%
Q4 25
21.5%
33.8%
Q3 25
20.0%
24.3%
Q2 25
27.1%
8.1%
Q1 25
71.4%
18.7%
Q4 24
10.1%
32.7%
Q3 24
1.8%
25.2%
Q2 24
-26.5%
4.3%
Capex Intensity
EQT
EQT
MSI
MSI
Q1 26
18.0%
Q4 25
25.7%
3.4%
Q3 25
32.0%
2.2%
Q2 25
21.5%
1.7%
Q1 25
28.7%
1.5%
Q4 24
36.4%
2.9%
Q3 24
44.4%
2.0%
Q2 24
62.7%
2.6%
Cash Conversion
EQT
EQT
MSI
MSI
Q1 26
2.05×
Q4 25
1.66×
1.94×
Q3 25
3.03×
1.42×
Q2 25
1.58×
0.53×
Q1 25
7.19×
1.19×
Q4 24
1.81×
1.75×
Q3 24
1.35×
Q2 24
33.84×
0.41×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EQT
EQT

Segment breakdown not available.

MSI
MSI

Product And Systems Integration Segment$1.5B45%
Services And Software Segment$833.0M25%
Sales Channel Through Intermediary$772.0M23%
Command Center Software$258.0M8%

Related Comparisons