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Aviat Networks vs Motorola Solutions: revenue, profit, margins and growth compared

Aviat Networks brought in $439.7M of revenue in fiscal 2026, Motorola Solutions $11.7B in fiscal 2025. Revenue changed by +1.2% at Aviat Networks and +8.0% at Motorola Solutions on the year before, so Motorola Solutions grew faster. Aviat Networks kept 0.6% of its revenue as net profit, Motorola Solutions 18.4%. Free cash flow was $6.1M at Aviat Networks and $2.6B at Motorola Solutions.

Side by side, latest fiscal year

AVNWMSI
Fiscal year endedFY2026 (July 3, 2026)FY2025 (December 31, 2025)
Revenue$439.7M$11.7B
Revenue growth+1.2%+8.0%
Net income$2.5M$2.2B
Net margin0.6%18.4%
Free cash flow$6.1M$2.6B
Free cash flow margin1.4%22.0%
Earnings per share (diluted)$0.19$12.75
Cash$72.8M$1.2B
Debt$97M$8.4B
Price to earnings105.735.8
Market value$260M$75.6B
Dividend yieldn/a0.98%
Rank by revenue in sector#327 of 530 · Technology#53 of 530 · Technology

Over the years

Revenue
AVNW FY2019: $243.9MAVNW FY2020: $238.6MAVNW FY2021: $274.9MAVNW FY2022: $303MAVNW FY2023: $344.4MAVNW FY2024: $408.1MAVNW FY2025: $434.6MAVNW FY2026: $439.7MMSI FY2018: $7.3BMSI FY2019: $7.9BMSI FY2020: $7.4BMSI FY2021: $8.2BMSI FY2022: $9.1BMSI FY2023: $10BMSI FY2024: $10.8BMSI FY2025: $11.7BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AVNW $439.7MMSI $11.7B
Net income
AVNW FY2019: $9.7MAVNW FY2020: $257KAVNW FY2021: $110.1MAVNW FY2022: $21.2MAVNW FY2023: $10.2MAVNW FY2024: $10.8MAVNW FY2025: $1.3MAVNW FY2026: $2.5MMSI FY2018: $966MMSI FY2019: $868MMSI FY2020: $949MMSI FY2021: $1.2BMSI FY2022: $1.4BMSI FY2023: $1.7BMSI FY2024: $1.6BMSI FY2025: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AVNW $2.5MMSI $2.2B
Net margin
AVNW FY2019: 4.0%AVNW FY2020: 0.1%AVNW FY2021: 40.1%AVNW FY2022: 7.0%AVNW FY2023: 3.0%AVNW FY2024: 2.6%AVNW FY2025: 0.3%AVNW FY2026: 0.6%MSI FY2018: 13.2%MSI FY2019: 11.0%MSI FY2020: 12.8%MSI FY2021: 15.2%MSI FY2022: 15.0%MSI FY2023: 17.1%MSI FY2024: 14.6%MSI FY2025: 18.4%FY18FY19FY20FY21FY22FY23FY24FY25FY26
AVNW 0.6%MSI 18.4%
Revenue growth
AVNW FY2020: -2.1%AVNW FY2021: +15.2%AVNW FY2022: +10.2%AVNW FY2023: +13.7%AVNW FY2024: +18.5%AVNW FY2025: +6.5%AVNW FY2026: +1.2%MSI FY2019: +7.4%MSI FY2020: -6.0%MSI FY2021: +10.2%MSI FY2022: +11.5%MSI FY2023: +9.5%MSI FY2024: +8.4%MSI FY2025: +8.0%FY19FY20FY21FY22FY23FY24FY25FY26
AVNW +1.2%MSI +8.0%
Free cash flow
AVNW FY2019: -$2.3MAVNW FY2020: $12.9MAVNW FY2021: $14.5MAVNW FY2022: $997KAVNW FY2023: -$7MAVNW FY2024: $27.9MAVNW FY2025: -$7.2MAVNW FY2026: $6.1MMSI FY2018: $878MMSI FY2019: $1.6BMSI FY2020: $1.4BMSI FY2021: $1.6BMSI FY2022: $1.6BMSI FY2023: $1.8BMSI FY2024: $2.1BMSI FY2025: $2.6BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AVNW $6.1MMSI $2.6B

Fiscal years as each company reports them; the two may end in different months.

Questions about Aviat Networks and Motorola Solutions

Which is bigger by revenue, Aviat Networks or Motorola Solutions?

Motorola Solutions is bigger by revenue: $11.7B in fiscal 2025, against $439.7M for Aviat Networks in fiscal 2026.

Which keeps more of its revenue as profit, Aviat Networks or Motorola Solutions?

Aviat Networks had a net margin of 0.6% in fiscal 2026; Motorola Solutions had 18.4% in fiscal 2025.

Which grew revenue faster, Aviat Networks or Motorola Solutions?

In their latest fiscal years revenue changed by +1.2% at Aviat Networks and +8.0% at Motorola Solutions.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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