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

Motorola Solutions is the larger business by last-quarter revenue ($2.7B vs $1.6B, roughly 1.7× Primo Brands Corp). Motorola Solutions runs the higher net margin — 13.5% vs 1.7%, a 11.8% gap on every dollar of revenue. On growth, Motorola Solutions posted the faster year-over-year revenue change (7.4% vs 0.8%). Over the past eight quarters, Primo Brands Corp's revenue compounded faster (19.7% CAGR vs 1.6%).

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.

Primo Brands Corporation is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe and Israel.

MSI vs PRMB — Head-to-Head

Bigger by revenue
MSI
MSI
1.7× larger
MSI
$2.7B
$1.6B
PRMB
Growing faster (revenue YoY)
MSI
MSI
+6.6% gap
MSI
7.4%
0.8%
PRMB
Higher net margin
MSI
MSI
11.8% more per $
MSI
13.5%
1.7%
PRMB
Faster 2-yr revenue CAGR
PRMB
PRMB
Annualised
PRMB
19.7%
1.6%
MSI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MSI
MSI
PRMB
PRMB
Revenue
$2.7B
$1.6B
Net Profit
$366.0M
$27.3M
Gross Margin
28.6%
Operating Margin
19.3%
8.5%
Net Margin
13.5%
1.7%
Revenue YoY
7.4%
0.8%
Net Profit YoY
-14.9%
-4.9%
EPS (diluted)
$2.18
$0.07

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
MSI
MSI
PRMB
PRMB
Q1 26
$2.7B
$1.6B
Q4 25
$3.4B
$1.6B
Q3 25
$3.0B
$1.8B
Q2 25
$2.8B
$1.7B
Q1 25
$2.5B
$1.6B
Q4 24
$3.0B
Q3 24
$2.8B
$0
Q2 24
$2.6B
$1.3B
Net Profit
MSI
MSI
PRMB
PRMB
Q1 26
$366.0M
$27.3M
Q4 25
$649.0M
$-13.0M
Q3 25
$562.0M
$16.8M
Q2 25
$513.0M
$27.6M
Q1 25
$430.0M
$28.7M
Q4 24
$611.0M
Q3 24
$562.0M
$-2.0K
Q2 24
$443.0M
$54.5M
Gross Margin
MSI
MSI
PRMB
PRMB
Q1 26
28.6%
Q4 25
52.3%
27.7%
Q3 25
51.6%
29.9%
Q2 25
51.1%
31.3%
Q1 25
51.4%
32.3%
Q4 24
51.4%
Q3 24
51.4%
Q2 24
51.0%
32.7%
Operating Margin
MSI
MSI
PRMB
PRMB
Q1 26
19.3%
8.5%
Q4 25
27.9%
1.2%
Q3 25
25.6%
8.3%
Q2 25
25.0%
6.5%
Q1 25
23.0%
9.5%
Q4 24
27.0%
Q3 24
25.5%
Q2 24
24.5%
12.1%
Net Margin
MSI
MSI
PRMB
PRMB
Q1 26
13.5%
1.7%
Q4 25
19.2%
-0.8%
Q3 25
18.7%
1.0%
Q2 25
18.6%
1.6%
Q1 25
17.0%
1.8%
Q4 24
20.3%
Q3 24
20.1%
Q2 24
16.9%
4.1%
EPS (diluted)
MSI
MSI
PRMB
PRMB
Q1 26
$2.18
$0.07
Q4 25
$3.85
$-0.03
Q3 25
$3.33
$0.04
Q2 25
$3.04
$0.07
Q1 25
$2.53
$0.08
Q4 24
$3.57
Q3 24
$3.29
$-20.00
Q2 24
$2.60
$0.25

Balance Sheet & Financial Strength

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

Metric
MSI
MSI
PRMB
PRMB
Cash + ST InvestmentsLiquidity on hand
$886.0M
Total DebtLower is stronger
$9.0B
$5.2B
Stockholders' EquityBook value
$3.0B
Total Assets
$19.1B
$10.6B
Debt / EquityLower = less leverage
1.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSI
MSI
PRMB
PRMB
Q1 26
$886.0M
Q4 25
$1.2B
$376.7M
Q3 25
$894.0M
Q2 25
$3.2B
Q1 25
$1.6B
Q4 24
$2.1B
Q3 24
$1.4B
Q2 24
$1.4B
Total Debt
MSI
MSI
PRMB
PRMB
Q1 26
$9.0B
$5.2B
Q4 25
$5.2B
Q3 25
$5.1B
Q2 25
$5.1B
Q1 25
$5.0B
Q4 24
Q3 24
Q2 24
Stockholders' Equity
MSI
MSI
PRMB
PRMB
Q1 26
$3.0B
Q4 25
$2.4B
$3.0B
Q3 25
$2.3B
$3.2B
Q2 25
$2.0B
$3.2B
Q1 25
$1.6B
$3.3B
Q4 24
$1.7B
Q3 24
$1.3B
$-2.0K
Q2 24
$802.0M
$-296.8M
Total Assets
MSI
MSI
PRMB
PRMB
Q1 26
$19.1B
$10.6B
Q4 25
$19.4B
$10.6B
Q3 25
$18.8B
$11.0B
Q2 25
$16.4B
$11.0B
Q1 25
$14.4B
$11.0B
Q4 24
$14.6B
Q3 24
$13.9B
$0
Q2 24
$13.3B
Debt / Equity
MSI
MSI
PRMB
PRMB
Q1 26
1.74×
Q4 25
1.72×
Q3 25
1.61×
Q2 25
1.57×
Q1 25
1.51×
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
MSI
MSI
PRMB
PRMB
Operating Cash FlowLast quarter
$451.0M
$103.8M
Free Cash FlowOCF − Capex
$389.0M
FCF MarginFCF / Revenue
14.3%
Capex IntensityCapex / Revenue
2.3%
2.9%
Cash ConversionOCF / Net Profit
1.23×
3.80×
TTM Free Cash FlowTrailing 4 quarters
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSI
MSI
PRMB
PRMB
Q1 26
$451.0M
$103.8M
Q4 25
$1.3B
$203.1M
Q3 25
$798.0M
$283.4M
Q2 25
$273.0M
$155.0M
Q1 25
$510.0M
$38.8M
Q4 24
$1.1B
Q3 24
$759.0M
$0
Q2 24
$180.0M
$102.5M
Free Cash Flow
MSI
MSI
PRMB
PRMB
Q1 26
$389.0M
Q4 25
$1.1B
$57.3M
Q3 25
$732.0M
$167.7M
Q2 25
$225.0M
$101.1M
Q1 25
$473.0M
$-23.2M
Q4 24
$984.0M
Q3 24
$702.0M
Q2 24
$112.0M
$61.4M
FCF Margin
MSI
MSI
PRMB
PRMB
Q1 26
14.3%
Q4 25
33.8%
3.7%
Q3 25
24.3%
9.5%
Q2 25
8.1%
5.8%
Q1 25
18.7%
-1.4%
Q4 24
32.7%
Q3 24
25.2%
Q2 24
4.3%
4.7%
Capex Intensity
MSI
MSI
PRMB
PRMB
Q1 26
2.3%
2.9%
Q4 25
3.4%
9.4%
Q3 25
2.2%
6.6%
Q2 25
1.7%
3.1%
Q1 25
1.5%
3.8%
Q4 24
2.9%
Q3 24
2.0%
Q2 24
2.6%
3.1%
Cash Conversion
MSI
MSI
PRMB
PRMB
Q1 26
1.23×
3.80×
Q4 25
1.94×
Q3 25
1.42×
16.87×
Q2 25
0.53×
5.62×
Q1 25
1.19×
1.35×
Q4 24
1.75×
Q3 24
1.35×
Q2 24
0.41×
1.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MSI
MSI

Segment breakdown not available.

PRMB
PRMB

Regional spring water$801.2M49%
Purified water$511.2M31%
Other$208.2M13%
Premium water$105.5M6%

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