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

Royal Caribbean Group is the larger business by last-quarter revenue ($4.3B vs $3.4B, roughly 1.3× Motorola Solutions). Motorola Solutions runs the higher net margin — 19.2% vs 17.9%, a 1.3% gap on every dollar of revenue. On growth, Royal Caribbean Group posted the faster year-over-year revenue change (13.2% vs 12.3%). Over the past eight quarters, Motorola Solutions's revenue compounded faster (18.9% CAGR vs 1.8%).

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.

Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is a cruise holding company headquartered in Miami, Florida, United States and incorporated in Liberia. It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of September 2025, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. It also holds a 50% stake in TUI Cruises, which operates Mein Schiff and Hapag-Lloyd ...

MSI vs RCL — Head-to-Head

Bigger by revenue
RCL
RCL
1.3× larger
RCL
$4.3B
$3.4B
MSI
Growing faster (revenue YoY)
RCL
RCL
+0.9% gap
RCL
13.2%
12.3%
MSI
Higher net margin
MSI
MSI
1.3% more per $
MSI
19.2%
17.9%
RCL
Faster 2-yr revenue CAGR
MSI
MSI
Annualised
MSI
18.9%
1.8%
RCL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MSI
MSI
RCL
RCL
Revenue
$3.4B
$4.3B
Net Profit
$649.0M
$762.0M
Gross Margin
52.3%
Operating Margin
27.9%
21.9%
Net Margin
19.2%
17.9%
Revenue YoY
12.3%
13.2%
Net Profit YoY
6.2%
36.3%
EPS (diluted)
$3.85
$2.76

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
RCL
RCL
Q1 26
$4.3B
Q4 25
$3.4B
$4.3B
Q3 25
$3.0B
$5.1B
Q2 25
$2.8B
$4.5B
Q1 25
$2.5B
$4.0B
Q4 24
$3.0B
$3.8B
Q3 24
$2.8B
$4.9B
Q2 24
$2.6B
$4.1B
Net Profit
MSI
MSI
RCL
RCL
Q1 26
$762.0M
Q4 25
$649.0M
$753.0M
Q3 25
$562.0M
$1.6B
Q2 25
$513.0M
$1.2B
Q1 25
$430.0M
$730.0M
Q4 24
$611.0M
$552.0M
Q3 24
$562.0M
$1.1B
Q2 24
$443.0M
$854.0M
Gross Margin
MSI
MSI
RCL
RCL
Q1 26
Q4 25
52.3%
47.4%
Q3 25
51.6%
51.8%
Q2 25
51.1%
49.7%
Q1 25
51.4%
48.0%
Q4 24
51.4%
45.4%
Q3 24
51.4%
51.1%
Q2 24
51.0%
47.6%
Operating Margin
MSI
MSI
RCL
RCL
Q1 26
21.9%
Q4 25
27.9%
21.9%
Q3 25
25.6%
33.1%
Q2 25
25.0%
29.3%
Q1 25
23.0%
23.6%
Q4 24
27.0%
16.6%
Q3 24
25.5%
33.4%
Q2 24
24.5%
26.7%
Net Margin
MSI
MSI
RCL
RCL
Q1 26
17.9%
Q4 25
19.2%
17.7%
Q3 25
18.7%
30.6%
Q2 25
18.6%
26.7%
Q1 25
17.0%
18.3%
Q4 24
20.3%
14.7%
Q3 24
20.1%
22.7%
Q2 24
16.9%
20.8%
EPS (diluted)
MSI
MSI
RCL
RCL
Q1 26
$2.76
Q4 25
$3.85
$2.76
Q3 25
$3.33
$5.74
Q2 25
$3.04
$4.41
Q1 25
$2.53
$2.70
Q4 24
$3.57
$2.27
Q3 24
$3.29
$4.21
Q2 24
$2.60
$3.11

Balance Sheet & Financial Strength

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

Metric
MSI
MSI
RCL
RCL
Cash + ST InvestmentsLiquidity on hand
$1.2B
$825.0M
Total DebtLower is stronger
$21.3B
Stockholders' EquityBook value
$2.4B
$10.2B
Total Assets
$19.4B
$41.6B
Debt / EquityLower = less leverage
2.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSI
MSI
RCL
RCL
Q1 26
$825.0M
Q4 25
$1.2B
$825.0M
Q3 25
$894.0M
$432.0M
Q2 25
$3.2B
$735.0M
Q1 25
$1.6B
$386.0M
Q4 24
$2.1B
$388.0M
Q3 24
$1.4B
$418.0M
Q2 24
$1.4B
$391.0M
Total Debt
MSI
MSI
RCL
RCL
Q1 26
$21.3B
Q4 25
$18.2B
Q3 25
$17.2B
Q2 25
$17.6B
Q1 25
$18.0B
Q4 24
$18.5B
Q3 24
$19.0B
Q2 24
$19.8B
Stockholders' Equity
MSI
MSI
RCL
RCL
Q1 26
$10.2B
Q4 25
$2.4B
$10.0B
Q3 25
$2.3B
$10.1B
Q2 25
$2.0B
$9.2B
Q1 25
$1.6B
$8.0B
Q4 24
$1.7B
$7.6B
Q3 24
$1.3B
$7.0B
Q2 24
$802.0M
$6.0B
Total Assets
MSI
MSI
RCL
RCL
Q1 26
$41.6B
Q4 25
$19.4B
$41.6B
Q3 25
$18.8B
$40.1B
Q2 25
$16.4B
$38.5B
Q1 25
$14.4B
$37.5B
Q4 24
$14.6B
$37.1B
Q3 24
$13.9B
$37.1B
Q2 24
$13.3B
$37.0B
Debt / Equity
MSI
MSI
RCL
RCL
Q1 26
2.08×
Q4 25
1.81×
Q3 25
1.70×
Q2 25
1.92×
Q1 25
2.26×
Q4 24
2.44×
Q3 24
2.69×
Q2 24
3.29×

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
RCL
RCL
Operating Cash FlowLast quarter
$1.3B
$6.5B
Free Cash FlowOCF − Capex
$1.1B
FCF MarginFCF / Revenue
33.8%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
1.94×
8.48×
TTM Free Cash FlowTrailing 4 quarters
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSI
MSI
RCL
RCL
Q1 26
$6.5B
Q4 25
$1.3B
$1.6B
Q3 25
$798.0M
$1.5B
Q2 25
$273.0M
$1.7B
Q1 25
$510.0M
$1.6B
Q4 24
$1.1B
$1.5B
Q3 24
$759.0M
$897.0M
Q2 24
$180.0M
$1.6B
Free Cash Flow
MSI
MSI
RCL
RCL
Q1 26
Q4 25
$1.1B
$116.0M
Q3 25
$732.0M
$-989.0M
Q2 25
$225.0M
$910.0M
Q1 25
$473.0M
$1.2B
Q4 24
$984.0M
$915.0M
Q3 24
$702.0M
$563.0M
Q2 24
$112.0M
$-567.0M
FCF Margin
MSI
MSI
RCL
RCL
Q1 26
Q4 25
33.8%
2.7%
Q3 25
24.3%
-19.2%
Q2 25
8.1%
20.1%
Q1 25
18.7%
30.0%
Q4 24
32.7%
24.3%
Q3 24
25.2%
11.5%
Q2 24
4.3%
-13.8%
Capex Intensity
MSI
MSI
RCL
RCL
Q1 26
Q4 25
3.4%
35.4%
Q3 25
2.2%
47.8%
Q2 25
1.7%
18.4%
Q1 25
1.5%
10.7%
Q4 24
2.9%
14.7%
Q3 24
2.0%
6.8%
Q2 24
2.6%
52.1%
Cash Conversion
MSI
MSI
RCL
RCL
Q1 26
8.48×
Q4 25
1.94×
2.16×
Q3 25
1.42×
0.93×
Q2 25
0.53×
1.44×
Q1 25
1.19×
2.23×
Q4 24
1.75×
2.66×
Q3 24
1.35×
0.81×
Q2 24
0.41×
1.84×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

RCL
RCL

Segment breakdown not available.

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