vs

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

Motorola Solutions is the larger business by last-quarter revenue ($3.4B vs $2.4B, roughly 1.4× Ralph Lauren Corporation). Motorola Solutions runs the higher net margin — 19.2% vs 15.0%, a 4.2% gap on every dollar of revenue. On growth, Motorola Solutions posted the faster year-over-year revenue change (12.3% vs 12.2%). Motorola Solutions produced more free cash flow last quarter ($1.1B vs $704.0M). Over the past eight quarters, Ralph Lauren Corporation's revenue compounded faster (23.9% CAGR vs 18.9%).

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.

Ralph Lauren is an American fashion designer, philanthropist, and billionaire businessman, best known for founding the brand Ralph Lauren, a global multibillion-dollar enterprise. He stepped down as CEO of the company in September 2015 but remains executive chairman and chief creative officer. As of May 2025, his net worth is estimated at US$11.9 billion.

MSI vs RL — Head-to-Head

Bigger by revenue
MSI
MSI
1.4× larger
MSI
$3.4B
$2.4B
RL
Growing faster (revenue YoY)
MSI
MSI
+0.0% gap
MSI
12.3%
12.2%
RL
Higher net margin
MSI
MSI
4.2% more per $
MSI
19.2%
15.0%
RL
More free cash flow
MSI
MSI
$438.0M more FCF
MSI
$1.1B
$704.0M
RL
Faster 2-yr revenue CAGR
RL
RL
Annualised
RL
23.9%
18.9%
MSI

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MSI
MSI
RL
RL
Revenue
$3.4B
$2.4B
Net Profit
$649.0M
$361.6M
Gross Margin
52.3%
69.9%
Operating Margin
27.9%
19.6%
Net Margin
19.2%
15.0%
Revenue YoY
12.3%
12.2%
Net Profit YoY
6.2%
21.6%
EPS (diluted)
$3.85
$5.82

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
RL
RL
Q4 25
$3.4B
$2.4B
Q3 25
$3.0B
$2.0B
Q2 25
$2.8B
$1.7B
Q1 25
$2.5B
$1.7B
Q4 24
$3.0B
$2.1B
Q3 24
$2.8B
$1.7B
Q2 24
$2.6B
$1.5B
Q1 24
$2.4B
$1.6B
Net Profit
MSI
MSI
RL
RL
Q4 25
$649.0M
$361.6M
Q3 25
$562.0M
$207.5M
Q2 25
$513.0M
$220.4M
Q1 25
$430.0M
$129.0M
Q4 24
$611.0M
$297.4M
Q3 24
$562.0M
$147.9M
Q2 24
$443.0M
$168.6M
Q1 24
$-39.0M
$90.7M
Gross Margin
MSI
MSI
RL
RL
Q4 25
52.3%
69.9%
Q3 25
51.6%
68.0%
Q2 25
51.1%
72.3%
Q1 25
51.4%
68.7%
Q4 24
51.4%
68.4%
Q3 24
51.4%
67.0%
Q2 24
51.0%
70.5%
Q1 24
49.9%
66.6%
Operating Margin
MSI
MSI
RL
RL
Q4 25
27.9%
19.6%
Q3 25
25.6%
12.2%
Q2 25
25.0%
15.9%
Q1 25
23.0%
9.1%
Q4 24
27.0%
18.2%
Q3 24
25.5%
10.4%
Q2 24
24.5%
13.8%
Q1 24
21.7%
6.9%
Net Margin
MSI
MSI
RL
RL
Q4 25
19.2%
15.0%
Q3 25
18.7%
10.3%
Q2 25
18.6%
12.8%
Q1 25
17.0%
7.6%
Q4 24
20.3%
13.9%
Q3 24
20.1%
8.6%
Q2 24
16.9%
11.1%
Q1 24
-1.6%
5.8%
EPS (diluted)
MSI
MSI
RL
RL
Q4 25
$3.85
$5.82
Q3 25
$3.33
$3.32
Q2 25
$3.04
$3.52
Q1 25
$2.53
$2.03
Q4 24
$3.57
$4.66
Q3 24
$3.29
$2.31
Q2 24
$2.60
$2.61
Q1 24
$-0.23
$1.37

Balance Sheet & Financial Strength

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

Metric
MSI
MSI
RL
RL
Cash + ST InvestmentsLiquidity on hand
$1.2B
$2.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.4B
$2.9B
Total Assets
$19.4B
$7.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSI
MSI
RL
RL
Q4 25
$1.2B
$2.3B
Q3 25
$894.0M
$1.6B
Q2 25
$3.2B
$2.3B
Q1 25
$1.6B
$2.1B
Q4 24
$2.1B
$2.1B
Q3 24
$1.4B
$1.7B
Q2 24
$1.4B
$1.8B
Q1 24
$1.5B
$1.8B
Stockholders' Equity
MSI
MSI
RL
RL
Q4 25
$2.4B
$2.9B
Q3 25
$2.3B
$2.6B
Q2 25
$2.0B
$2.5B
Q1 25
$1.6B
$2.6B
Q4 24
$1.7B
$2.5B
Q3 24
$1.3B
$2.4B
Q2 24
$802.0M
$2.4B
Q1 24
$521.0M
$2.5B
Total Assets
MSI
MSI
RL
RL
Q4 25
$19.4B
$7.8B
Q3 25
$18.8B
$7.3B
Q2 25
$16.4B
$7.8B
Q1 25
$14.4B
$7.0B
Q4 24
$14.6B
$7.1B
Q3 24
$13.9B
$6.8B
Q2 24
$13.3B
$6.6B
Q1 24
$13.3B
$6.6B

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
RL
RL
Operating Cash FlowLast quarter
$1.3B
$779.6M
Free Cash FlowOCF − Capex
$1.1B
$704.0M
FCF MarginFCF / Revenue
33.8%
29.3%
Capex IntensityCapex / Revenue
3.4%
3.1%
Cash ConversionOCF / Net Profit
1.94×
2.16×
TTM Free Cash FlowTrailing 4 quarters
$2.6B
$694.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSI
MSI
RL
RL
Q4 25
$1.3B
$779.6M
Q3 25
$798.0M
$53.2M
Q2 25
$273.0M
$176.1M
Q1 25
$510.0M
$122.2M
Q4 24
$1.1B
$738.4M
Q3 24
$759.0M
$97.2M
Q2 24
$180.0M
$277.3M
Q1 24
$382.0M
Free Cash Flow
MSI
MSI
RL
RL
Q4 25
$1.1B
$704.0M
Q3 25
$732.0M
$-40.6M
Q2 25
$225.0M
$-11.2M
Q1 25
$473.0M
$42.3M
Q4 24
$984.0M
$677.2M
Q3 24
$702.0M
$55.5M
Q2 24
$112.0M
$243.9M
Q1 24
$336.0M
FCF Margin
MSI
MSI
RL
RL
Q4 25
33.8%
29.3%
Q3 25
24.3%
-2.0%
Q2 25
8.1%
-0.7%
Q1 25
18.7%
2.5%
Q4 24
32.7%
31.6%
Q3 24
25.2%
3.2%
Q2 24
4.3%
16.1%
Q1 24
14.1%
Capex Intensity
MSI
MSI
RL
RL
Q4 25
3.4%
3.1%
Q3 25
2.2%
4.7%
Q2 25
1.7%
10.9%
Q1 25
1.5%
4.7%
Q4 24
2.9%
2.9%
Q3 24
2.0%
2.4%
Q2 24
2.6%
2.2%
Q1 24
1.9%
Cash Conversion
MSI
MSI
RL
RL
Q4 25
1.94×
2.16×
Q3 25
1.42×
0.26×
Q2 25
0.53×
0.80×
Q1 25
1.19×
0.95×
Q4 24
1.75×
2.48×
Q3 24
1.35×
0.66×
Q2 24
0.41×
1.64×
Q1 24

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%

RL
RL

Segment breakdown not available.

Related Comparisons