Solventum Corp.

SOLV ·Healthcare, Medical Devices, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021
Revenue $8.33B $8.25B $8.20B $8.28B $8.28B
MedSurgical $4.64B $4.59B $4.62B
Dental Solutions $1.27B $1.33B $1.39B
Health Information Systems $1.28B $1.28B $1.22B
Purification and Filtration $1.01B $1.08B $1.06B
Cost of Revenue
Gross Profit $4.45B $4.59B $4.69B $4.70B
Gross Margin 53.5% 55.6% 57.2% 56.7%
Operating Expenses
Research & Development $739.0M $775.0M $758.0M $767.0M
SG&A Expense $3.08B $2.78B $2.30B $2.24B
Operating Income $2.18B $1.04B $1.69B $1.69B
Operating Margin 26.2% 12.6% 20.6% 20.5%
Interest Expense
Pretax Income $1.71B $605.0M $1.67B $1.69B
Income Tax Expense $157.0M $127.0M $321.0M $349.0M
Net Income $1.56B $479.0M $1.35B $1.34B
Net Margin 18.7% 5.8% 16.4% 16.2%
EPS (Basic) $8.94 $2.77 $7.79 $7.78
EPS (Diluted) $8.88 $2.76 $7.79 $7.78
Shares Outstanding (Basic) 174.1M 173.2M 172.7M 172.7M
Shares Outstanding (Diluted) 175.3M 173.7M 172.7M 172.7M
Dividends Per Share