Motorola Solutions Backlog Hits Record $15.6 Billion, 2026 Outlook Raised

Zacks Investment Research··US·Read original
3▲3 ▼0Impact / 5
Summary · why it matters

Motorola Solutions ended the second quarter of 2026 with a record backlog of $15.6 billion, up 11% year over year, and raised its full-year 2026 revenue outlook to approximately $12.975 billion from a previous projection of $12.8 billion. Within that total, Software and Services accounted for $11.8 billion of backlog, up $1.2 billion year over year on multiyear contracts across Mission Critical Networks, Video and Command Center, while Products & Systems Integration contributed $3.8 billion, up $329 million on strong demand for Mission Critical Networks and Video. Revenue rose 13% year over year to $3.13 billion, with double-digit growth in both operating segments, as strong LMR demand, accelerated quick-turn conversion and stronger-than-expected device shipments sped the conversion of orders into revenue. Keysight Technologies reported fiscal third-quarter orders up 56% year over year to $2.091 billion and revenue up 36% to $1.846 billion, while Cisco Systems closed fiscal 2026 with $9.3 billion in hyperscaler AI infrastructure orders, about 4.5 times fiscal 2025, and expects hyperscaler AI revenues of $7.5 billion in fiscal 2027. MSI shares trade at 24.48 forward earnings, below the industry average of 29.76, and carry a Zacks Rank #3 (Hold).

Impact on assets 3

Smart City / Autonomous Infrastructure▲ · 1 stocks
Motorola Solutions Inc
MSI
▲ PositiveDemandCapitalrelevance

Motorola Solutions posted record $15.6B backlog, 13% revenue growth, and raised its 2026 revenue outlook on strong LMR demand and device shipments.

Cybersecurity & Digital Trust▲ · 1 stocks
Cisco Systems Inc
CSCO
▲ PositiveDemandrelevance

Cisco closed fiscal 2026 with $9.3B in hyperscaler AI infrastructure orders, about 4.5x fiscal 2025, and expects $7.5B in hyperscaler AI revenues in fiscal 2027.

Artificial Intelligence▲ · 1 stocks
Keysight Technologies Inc
KEYS
▲ PositiveDemandrelevance

Keysight reported fiscal Q3 orders up 56% year over year to $2.091B and revenue up 36% to $1.846B.

© 2026 MarketIVNews