Solventum (SOLV)
Makes wound-care, surgical, and dental products alongside healthcare workflow software.
$88.75
After hours−0.03 (−0.04%)
At close$88.79(−0.06%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,074 | 2,036 | 2,016 | 2,081 | 2,082 | 2,075 | 2,070 | 2,161 | 2,096 | 1,998 | 2,007 | 2,209 |
| Cost of revenue | 865 | 878 | 844 | 944 | 917 | 956 | 956 | 986 | 919 | 1,013 | 910 | 923 |
| Gross profit | 1,209 | 1,158 | 1,172 | 1,137 | 1,165 | 1,119 | 1,114 | 1,175 | 1,177 | 985 | 1,097 | 1,286 |
| 705 | 752 | 791 | 893 | 890 | 983 | 962 | 961 | 1,040 | −693 | 1,016 | 1,105 | |
| Research & development | 180 | 190 | 195 | 192 | 189 | 199 | 193 | 189 | 183 | 176 | 189 | 178 |
| 525 | 562 | 596 | 701 | 701 | 784 | 769 | 772 | 780 | 759 | 827 | 927 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 827 | 0 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 77 | −1,628 | 0 | 0 |
| Operating income | 504 | 406 | 381 | 244 | 275 | 136 | 152 | 214 | 137 | 1,678 | 81 | 181 |
| −4 | −15 | −52 | −148 | −108 | −123 | −114 | −111 | 1,377 | −1,620 | −65 | −73 | |
| Interest expense | 0 | 0 | 39 | 114 | 107 | 107 | 104 | 103 | 89 | 51 | 62 | 64 |
| Other non-operating income | 4 | 15 | 13 | 34 | 1 | 16 | 10 | 8 | −1,466 | 1,569 | 3 | 9 |
| Income before tax | 500 | 391 | 329 | 96 | 167 | 13 | 38 | 103 | 1,514 | 58 | 16 | 108 |
| Income tax expense | 40 | 119 | 92 | 7 | 45 | −17 | −99 | 13 | 248 | −5 | 3 | 15 |
| Net income from continuing operations | 460 | 272 | 237 | 89 | 122 | 30 | 137 | 90 | 1,266 | 63 | 13 | 93 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | −1 |
| Net income | 460 | 272 | 237 | 89 | 122 | 31 | 137 | 90 | 1,266 | 63 | 13 | 92 |
| EPS, basic | $2.66 | $1.57 | $1.37 | $0.51 | $0.70 | $0.18 | $0.79 | $0.52 | $7.26 | $0.36 | $0.07 | $0.53 |
| EPS, diluted | $2.66 | $1.57 | $1.37 | $0.51 | $0.70 | $0.18 | $0.78 | $0.51 | $7.22 | $0.37 | $0.07 | $0.53 |
| Weighted average shares, basic | 173 | 173 | 173 | 173 | 173 | 173 | 174 | 174 | 174 | 174 | 174 | 174 |
| Weighted average shares, diluted | 173 | 173 | 173 | 174 | 174 | 175 | 175 | 175 | 175 | 175 | 176 | 174 |
| EBITDA | 644 | 530 | 507 | 343 | 407 | 270 | 271 | 328 | 1,724 | 489 | 213 | 172 |
| Depreciation & amortization | 144 | 139 | 139 | 133 | 133 | 150 | 129 | 122 | 121 | 380 | 135 | 0 |
| EBIT | 500 | 391 | 368 | 210 | 274 | 120 | 142 | 206 | 1,603 | 109 | 78 | 172 |
