Compare · Networking equipment
HPE vs Motorola Solutions
HPE vs Motorola Solutions: which one is bigger, grows faster and keeps more of each dollar of revenue?
HPE: 2.9× Motorola Solutions’ revenue
Method and sources
- Revenue growth (1 year): HPE 13.8% (FY2025), Motorola Solutions 8.0% (FY2025)
- Revenue growth (3-year CAGR): HPE 6.4% (FY2025), Motorola Solutions 8.6% (FY2025)
- Operating margin: HPE −1.3% (FY2025), Motorola Solutions 25.6% (FY2025)
- Net margin: HPE 0.2% (FY2025), Motorola Solutions 18.4% (FY2025)
- FCF margin: HPE 1.8% (FY2025), Motorola Solutions 22.0% (FY2025)
Latest fiscal year per company: HPE FY2025, Motorola Solutions FY2025. Fiscal years end on different dates, so years are not calendar-aligned.
Both report in USD. Amounts are as filed, not converted.
Why this pair: same peer group, revenue within 4x in the same currency. Peer groups are curated by hand from each company's business as described in its own 10-K/20-F (what it sells, not its SIC code). A company can sit in more than one group. Within a group, a pair is listed when both companies report in the same currency and the larger company's latest fiscal-year revenue is at most 4x the smaller one's; each company keeps its 4 nearest peers by revenue ratio. Companies reporting in different currencies are never size-matched (amounts are not converted); a short list of obvious same-industry pairs across currencies is added by hand, with the reason, as are two direct competitor pairs outside the size rule (AMD vs NVIDIA, Intel vs NVIDIA).
Derived = calculated by Hollsteen from reported SEC values; reported = as tagged in the filing. SEC filings only, no market data.
Side by side: all values with filing links
| Metric | HPE FY2025 | Motorola Solutions FY2025 |
|---|---|---|
| Revenue | $34.3B10-K · Dec 18, 2025 | $11.7B10-K · Feb 12, 2026 |
| Revenue growth (1 year) | 13.8% derived10-K · Dec 18, 2025 | 8.0% derived10-K · Feb 12, 2026 |
| Revenue growth (3-year CAGR) | 6.4% derived10-K · Dec 18, 2025 | 8.6% derived10-K · Feb 12, 2026 |
| Gross margin | n/a | 51.7% derived10-K · Feb 12, 2026 |
| Operating margin | −1.3% derived10-K · Dec 18, 2025 | 25.6% derived10-K · Feb 12, 2026 |
| Net margin | 0.2% derived10-K · Dec 18, 2025 | 18.4% derived10-K · Feb 12, 2026 |
| Free cash flow | $627M derived10-K · Dec 18, 2025 | $2.6B derived10-K · Feb 12, 2026 |
| FCF margin | 1.8% derived10-K · Dec 18, 2025 | 22.0% derived10-K · Feb 12, 2026 |
| R&D as % of revenue | 7.3% derived10-K · Dec 18, 2025 | 8.3% derived10-K · Feb 12, 2026 |
| Stock-based compensation as % of revenue | 1.9% derived10-K · Dec 18, 2025 | 2.5% derived10-K · Feb 12, 2026 |
Definitions: Revenue = Total revenue; Revenue growth (1 year) = Revenue FYt ÷ revenue FYt−1 − 1; Revenue growth (3-year CAGR) = (Revenue FYt ÷ revenue FYt−3)^(1/3) − 1; Gross margin = Gross profit ÷ revenue; Operating margin = Operating income ÷ revenue; Net margin = Net income ÷ revenue; Free cash flow = Operating cash flow − capital expenditures (one formula for all companies); FCF margin = Free cash flow ÷ revenue; R&D as % of revenue = Research and development expense ÷ revenue; Stock-based compensation as % of revenue = Stock-based compensation ÷ revenue.
More on each company
HPE
Motorola Solutions
More networking equipment comparisons: Arista vs Ciena · Arista vs F5 · Arista vs HPE · Arista vs Motorola Solutions · Ciena vs F5 · Ciena vs Motorola Solutions · Cisco vs Ericsson · Cisco vs HPE