Invesaro

Stocks Comparison

Harmonic vs Motorola Solutions: revenue, profit, margins and growth compared

Harmonic brought in $360.5M of revenue in fiscal 2025, Motorola Solutions $11.7B in fiscal 2025. Revenue changed by -26.2% at Harmonic and +8.0% at Motorola Solutions on the year before, so Motorola Solutions grew faster. Harmonic kept -12.0% of its revenue as net profit, Motorola Solutions 18.4%. Free cash flow was $96.9M at Harmonic and $2.6B at Motorola Solutions.

Side by side, latest fiscal year

HLITMSI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$360.5M$11.7B
Revenue growth-26.2%+8.0%
Net income-$43.3M$2.2B
Net margin-12.0%18.4%
Free cash flow$96.9M$2.6B
Free cash flow margin26.9%22.0%
Earnings per share (diluted)-$0.38$12.75
Cash$124.1M$1.2B
Debt$112.1M$8.4B
Price to earningsn/a35.8
Market value$1.2B$75.6B
Dividend yieldn/a0.98%
Rank by revenue in sector#341 of 530 · Technology#53 of 530 · Technology

Over the years

Revenue
HLIT FY2018: $403.6MHLIT FY2019: $402.9MHLIT FY2020: $378.8MHLIT FY2021: $507.1MHLIT FY2022: $625MHLIT FY2023: $388.5MHLIT FY2024: $488.2MHLIT FY2025: $360.5MMSI FY2018: $7.3BMSI FY2019: $7.9BMSI FY2020: $7.4BMSI FY2021: $8.2BMSI FY2022: $9.1BMSI FY2023: $10BMSI FY2024: $10.8BMSI FY2025: $11.7BFY18FY19FY20FY21FY22FY23FY24FY25
HLIT $360.5MMSI $11.7B
Net income
HLIT FY2018: -$21MHLIT FY2019: -$5.9MHLIT FY2020: -$29.3MHLIT FY2021: $13.3MHLIT FY2022: $28.2MHLIT FY2023: $84MHLIT FY2024: $39.2MHLIT FY2025: -$43.3MMSI FY2018: $966MMSI FY2019: $868MMSI FY2020: $949MMSI FY2021: $1.2BMSI FY2022: $1.4BMSI FY2023: $1.7BMSI FY2024: $1.6BMSI FY2025: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25
HLIT -$43.3MMSI $2.2B
Net margin
HLIT FY2018: -5.2%HLIT FY2019: -1.5%HLIT FY2020: -7.7%HLIT FY2021: 2.6%HLIT FY2022: 4.5%HLIT FY2023: 21.6%HLIT FY2024: 8.0%HLIT FY2025: -12.0%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%FY18FY19FY20FY21FY22FY23FY24FY25
HLIT -12.0%MSI 18.4%
Revenue growth
HLIT FY2019: -0.2%HLIT FY2020: -6.0%HLIT FY2021: +33.9%HLIT FY2022: +23.2%HLIT FY2023: -37.8%HLIT FY2024: +25.7%HLIT FY2025: -26.2%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%FY19FY20FY21FY22FY23FY24FY25
HLIT -26.2%MSI +8.0%
Free cash flow
HLIT FY2018: $5.2MHLIT FY2019: $21MHLIT FY2020: $7MHLIT FY2021: $28MHLIT FY2022: -$3.8MHLIT FY2023: -$1.4MHLIT FY2024: $52.7MHLIT FY2025: $96.9MMSI FY2018: $878MMSI FY2019: $1.6BMSI FY2020: $1.4BMSI FY2021: $1.6BMSI FY2022: $1.6BMSI FY2023: $1.8BMSI FY2024: $2.1BMSI FY2025: $2.6BFY18FY19FY20FY21FY22FY23FY24FY25
HLIT $96.9MMSI $2.6B

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

Questions about Harmonic and Motorola Solutions

Which is bigger by revenue, Harmonic or Motorola Solutions?

Motorola Solutions is bigger by revenue: $11.7B in fiscal 2025, against $360.5M for Harmonic in fiscal 2025.

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

Harmonic had a net margin of -12.0% in fiscal 2025; Motorola Solutions had 18.4% in fiscal 2025.

Which grew revenue faster, Harmonic or Motorola Solutions?

In their latest fiscal years revenue changed by -26.2% at Harmonic 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.

More comparisons

Compare more companies