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Side-by-side financial comparison of MATTEL INC (MAT) 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 $862.2M, roughly 3.9× MATTEL INC). Motorola Solutions runs the higher net margin — 19.2% vs 7.1%, a 12.1% gap on every dollar of revenue. On growth, Motorola Solutions posted the faster year-over-year revenue change (12.3% vs 4.3%). Motorola Solutions produced more free cash flow last quarter ($1.1B vs $-88.1M). Over the past eight quarters, Motorola Solutions's revenue compounded faster (18.9% CAGR vs -10.6%).

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

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.

MAT vs MSI — Head-to-Head

Bigger by revenue
MSI
MSI
3.9× larger
MSI
$3.4B
$862.2M
MAT
Growing faster (revenue YoY)
MSI
MSI
+8.0% gap
MSI
12.3%
4.3%
MAT
Higher net margin
MSI
MSI
12.1% more per $
MSI
19.2%
7.1%
MAT
More free cash flow
MSI
MSI
$1.2B more FCF
MSI
$1.1B
$-88.1M
MAT
Faster 2-yr revenue CAGR
MSI
MSI
Annualised
MSI
18.9%
-10.6%
MAT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MAT
MAT
MSI
MSI
Revenue
$862.2M
$3.4B
Net Profit
$61.0M
$649.0M
Gross Margin
44.9%
52.3%
Operating Margin
27.9%
Net Margin
7.1%
19.2%
Revenue YoY
4.3%
12.3%
Net Profit YoY
251.4%
6.2%
EPS (diluted)
$0.20
$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
MAT
MAT
MSI
MSI
Q1 26
$862.2M
Q4 25
$1.8B
$3.4B
Q3 25
$1.7B
$3.0B
Q2 25
$1.0B
$2.8B
Q1 25
$826.6M
$2.5B
Q4 24
$1.6B
$3.0B
Q3 24
$1.8B
$2.8B
Q2 24
$1.1B
$2.6B
Net Profit
MAT
MAT
MSI
MSI
Q1 26
$61.0M
Q4 25
$106.2M
$649.0M
Q3 25
$278.4M
$562.0M
Q2 25
$53.4M
$513.0M
Q1 25
$-40.3M
$430.0M
Q4 24
$140.9M
$611.0M
Q3 24
$372.4M
$562.0M
Q2 24
$56.9M
$443.0M
Gross Margin
MAT
MAT
MSI
MSI
Q1 26
44.9%
Q4 25
45.9%
52.3%
Q3 25
50.0%
51.6%
Q2 25
50.9%
51.1%
Q1 25
49.4%
51.4%
Q4 24
50.7%
51.4%
Q3 24
53.1%
51.4%
Q2 24
49.2%
51.0%
Operating Margin
MAT
MAT
MSI
MSI
Q1 26
Q4 25
8.0%
27.9%
Q3 25
21.9%
25.6%
Q2 25
7.7%
25.0%
Q1 25
-6.4%
23.0%
Q4 24
9.6%
27.0%
Q3 24
26.5%
25.5%
Q2 24
7.7%
24.5%
Net Margin
MAT
MAT
MSI
MSI
Q1 26
7.1%
Q4 25
6.0%
19.2%
Q3 25
16.0%
18.7%
Q2 25
5.2%
18.6%
Q1 25
-4.9%
17.0%
Q4 24
8.6%
20.3%
Q3 24
20.2%
20.1%
Q2 24
5.3%
16.9%
EPS (diluted)
MAT
MAT
MSI
MSI
Q1 26
$0.20
Q4 25
$0.32
$3.85
Q3 25
$0.88
$3.33
Q2 25
$0.16
$3.04
Q1 25
$-0.12
$2.53
Q4 24
$0.40
$3.57
Q3 24
$1.09
$3.29
Q2 24
$0.17
$2.60

Balance Sheet & Financial Strength

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

Metric
MAT
MAT
MSI
MSI
Cash + ST InvestmentsLiquidity on hand
$866.0M
$1.2B
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$2.1B
$2.4B
Total Assets
$6.3B
$19.4B
Debt / EquityLower = less leverage
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAT
MAT
MSI
MSI
Q1 26
$866.0M
Q4 25
$1.2B
$1.2B
Q3 25
$691.9M
$894.0M
Q2 25
$870.5M
$3.2B
Q1 25
$1.2B
$1.6B
Q4 24
$1.4B
$2.1B
Q3 24
$723.5M
$1.4B
Q2 24
$722.4M
$1.4B
Total Debt
MAT
MAT
MSI
MSI
Q1 26
$2.3B
Q4 25
$2.3B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
MAT
MAT
MSI
MSI
Q1 26
$2.1B
Q4 25
$2.2B
$2.4B
Q3 25
$2.3B
$2.3B
Q2 25
$2.2B
$2.0B
Q1 25
$2.1B
$1.6B
Q4 24
$2.3B
$1.7B
Q3 24
$2.3B
$1.3B
Q2 24
$2.0B
$802.0M
Total Assets
MAT
MAT
MSI
MSI
Q1 26
$6.3B
Q4 25
$6.6B
$19.4B
Q3 25
$6.6B
$18.8B
Q2 25
$6.2B
$16.4B
Q1 25
$6.2B
$14.4B
Q4 24
$6.5B
$14.6B
Q3 24
$6.5B
$13.9B
Q2 24
$5.9B
$13.3B
Debt / Equity
MAT
MAT
MSI
MSI
Q1 26
1.11×
Q4 25
1.04×
Q3 25
1.03×
Q2 25
1.08×
Q1 25
1.10×
Q4 24
1.03×
Q3 24
1.01×
Q2 24
1.18×

Cash Flow & Capital Efficiency

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

Metric
MAT
MAT
MSI
MSI
Operating Cash FlowLast quarter
$1.3B
Free Cash FlowOCF − Capex
$-88.1M
$1.1B
FCF MarginFCF / Revenue
-10.2%
33.8%
Capex IntensityCapex / Revenue
7.6%
3.4%
Cash ConversionOCF / Net Profit
1.94×
TTM Free Cash FlowTrailing 4 quarters
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAT
MAT
MSI
MSI
Q1 26
Q4 25
$796.6M
$1.3B
Q3 25
$72.0M
$798.0M
Q2 25
$-300.1M
$273.0M
Q1 25
$24.8M
$510.0M
Q4 24
$862.1M
$1.1B
Q3 24
$155.8M
$759.0M
Q2 24
$-252.9M
$180.0M
Free Cash Flow
MAT
MAT
MSI
MSI
Q1 26
$-88.1M
Q4 25
$1.1B
Q3 25
$732.0M
Q2 25
$225.0M
Q1 25
$473.0M
Q4 24
$984.0M
Q3 24
$702.0M
Q2 24
$112.0M
FCF Margin
MAT
MAT
MSI
MSI
Q1 26
-10.2%
Q4 25
33.8%
Q3 25
24.3%
Q2 25
8.1%
Q1 25
18.7%
Q4 24
32.7%
Q3 24
25.2%
Q2 24
4.3%
Capex Intensity
MAT
MAT
MSI
MSI
Q1 26
7.6%
Q4 25
3.4%
Q3 25
2.2%
Q2 25
1.7%
Q1 25
1.5%
Q4 24
2.9%
Q3 24
2.0%
Q2 24
2.6%
Cash Conversion
MAT
MAT
MSI
MSI
Q1 26
Q4 25
7.50×
1.94×
Q3 25
0.26×
1.42×
Q2 25
-5.62×
0.53×
Q1 25
1.19×
Q4 24
6.12×
1.75×
Q3 24
0.42×
1.35×
Q2 24
-4.45×
0.41×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAT
MAT

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%

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