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Solventum

SOLV

Solventum is a leading global healthcare company that develops, manufactures, and commercializes a broad portfolio of medical solutions.

Market cap
$13.15B+0.2%
Revenue$8.3B-0.5%
Net income$1.4B+278%
Free cash flow-$282.0M-124%
EPS (diluted)$8.15+276%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 3 weeks)
Revenue estimate$2.2B
EPS estimate$1.91

Financials

Q1 2026

Income statement

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Revenue$2.0B-3.0%
Gross profit$1.1B-1.5%
Operating income$81.0M-46.7%
Net income$13.0M-90.5%
EPS (diluted)$0.07-91.0%

Balance sheet

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Cash & equivalents$561.0M+5.1%
Total debt$5.8B-26.8%
Total equity$5.0B+52.3%
Total assets$14.1B-3.0%

Cash flow

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Operating cash flow-$189.0M-752%
CapEx$84.0M-22.9%
Free cash flow-$273.0M-241%

Valuation & ratios

Valuation

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Market cap$13.15B+0.2%
Enterprise value$18.39B-10.4%
P/E9.2×-25.5×
P/S1.6×0.0×

Profitability

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Gross margin53.7%-0.9pp
Operating margin25.5%+15.8pp
Net margin17.3%+12.8pp

Returns & leverage

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Return on equity34.8%+24.1pp
Debt / equity1.2×-1.3×
Current ratio1.1×-0.1×

Segments

By segment

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MedSurg$1.2B+6.7%
Dental Solutions$354.0M+7.9%
Health Information Systems$342.0M+4.0%
Purification and Filtration Segment--100%

By product

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Cost of software and rentals$493.0M+4.2%

Competitors

Profile

Solventum is a leading global healthcare company that develops, manufactures, and commercializes a broad portfolio of medical solutions. The company leverages material science, data science, and digital capabilities to improve standards of care across prevention, diagnosis, treatment, and recovery. Its value proposition centers on solving complex clinical challenges through innovation and manufacturing expertise.

Competitive position

Solventum is a leading global player with a 70-year history of innovation and a significant presence in over 90 countries. It maintains a strong competitive position through deep material science expertise and a broad portfolio of well-known brands.

GeographiesUnited States, Germany, China, Ireland, Mexico, Poland, Canada
Customer segmentsHospitals, Clinics, Dental Practices, Healthcare Payers
Business modelManufacturing, B2B, Subscription SaaS, Direct-to-customer
SuppliersChemical material suppliers, Electronic component manufacturers, Contract sterilizers, Raw material providers (oil and natural gas derivatives)
CustomersHospitals, Physicians, Dental professionals, Government healthcare programs (Medicare/Medicaid), Private health insurers
Listed2024
Employees22.0K
CEOBryan C. Hanson
Website3m.com
FilingsSEC EDGAR

Questions, answered.

What is Solventum's market cap?
Solventum (SOLV) has a market capitalization of $13.2B and trades on NYSE.
What is Solventum's revenue and profitability?
Solventum generated $8.3B in trailing twelve-month revenue with net income of $1.4B, representing a net margin of 17.3%. Gross margin stands at 53.7%, with free cash flow of -$282.0M. These figures are based on the Q1 2026 filing.
Who are Solventum's competitors?
Solventum's key competitors include Envista, Align Technology, Dentsply Sirona, and others. These companies compete in similar markets and product categories.
Who does Solventum partner with?
Solventum's notable partners include 3M Company, Microsoft.
What subsidiaries does Solventum have?
Solventum's subsidiaries include Acera Surgical.
Where is Solventum headquartered?
Solventum is headquartered in United States of America and employs approximately 22,000 people. It has been publicly traded since 2024.