Friday 6 November 2026 Export SOLV’s income statement to Excel — free account

Solventum Corporation

SOLV Healthcare Medical Instruments & Supplies

Solventum Corporation’s revenue for fiscal 2025 (year ended December 2025) was $8.3 billion, up 0.86% from fiscal 2024.

Revenue: −7.01%
EPS: −101.0%
Free cash flow: +561.9%
Total debt: −90.1%

Quarter to September 2026, against a year earlier

86.56 2.79 −3.12%

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Market cap: $14.8B
P/E: 97.3×
Fwd P/E: 47.7×
Dividend yield: —
F-score: 5/9
Altman Z: 2.22
Beneish M: −2.07
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Solventum Corporation (SOLV) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
MedSurg	4,817	57.86%
Health Information Systems	1,360	16.34%
Dental Solutions	1,349	16.20%
Purification and Filtration Segment	497	5.97%
Other, not broken out	302	3.63%
Gross margin		53.47%
Operating margin		26.20%
Pre-tax margin		20.58%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022
Cost of product	6,349 76.26%	6,348 76.91%	6,296 76.81%	6,300 77.49%
Cost of software and rentals	1,976 23.74%	1,906 23.09%	1,901 23.19%	1,830 22.51%
Revenue	8,325	8,254	8,197	8,130

Gross profit by product or service $m, and margin

	FY2025	FY2024	FY2023	FY2022
Cost of product	‡	‡	‡	‡
Cost of software and rentals	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022
MedSurg	4,817 57.86%	4,637 56.18%	4,632 56.51%	4,585 56.40%
Health Information Systems	1,360 16.34%	1,306 15.82%	1,285 15.68%	1,227 15.09%
Dental Solutions	1,349 16.20%	1,295 15.69%	1,329 16.21%	1,327 16.32%
Purification and Filtration Segment	497 5.97%	709 8.59%	689 8.41%	991 12.19%
Other, not broken out	302 3.63%	307 3.72%	262 3.20%	—
Revenue	8,325	8,254	8,197	8,130

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022
MedSurg	‡	‡	‡	‡
Health Information Systems	‡	‡	‡	‡
Dental Solutions	‡	‡	‡	‡
Purification and Filtration Segment	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡
Operating income	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡

Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022
United States	4,668 56.07%	4,559 55.23%	4,471 54.54%	4,450 54.74%
International	3,657 43.93%	3,695 44.77%	3,726 45.46%	3,680 45.26%
Revenue	8,325	8,254	8,197	8,130

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.