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Other financials

Income statement

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Revenue$2.2B+2.2%
Gross profit$1.3B+9.4%
Operating income$181.0M-15.4%
Net income$92.0M+2.2%
EPS (diluted)$0.53+3.9%

Balance sheet

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Cash & equivalents$403.0M-18.1%
Total debt$5.8B-25.9%
Total equity$4.8B+31.7%
Total assets$14.2B-5.5%

Cash flow

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Operating cash flow$227.0M+34.3%
Free cash flow-$273.0M-241%

Valuation

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Market cap$15.23B+20.6%
Enterprise value$20.62B+3.3%
P/E10.6×-22.6×
P/S1.8×+0.3×

Profitability

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Gross margin54.7%+0.2pp
Operating margin25%+15.7pp
Net margin17.3%+12.7pp
FCF margin4.6%-13.9pp

Returns & leverage

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Return on equity34%+22.3pp
Debt / equity1.2×-0.9×
Current ratio-0.2×

Where this comes from

Reported directly by Solventum in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Solventum’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001964738-26-000047
(Millions)Six months ended June 30, 2026Six months ended June 30, 2025
All other operating activities — net68(100)
Net cash provided by operating activities38198
Cash Flows from Investing Activities
Purchases of property, plant and equipment(167)(219)
Other — net3(5)
Net cash used in investing activities(164)(224)
Cash Flows from Financing Activities
Repayment of debt(200)

Item 1. Financial Statements

FAQ

What is Solventum's capex?
Solventum (SOLV) reported capex of $83M in Q2 2026.
How has Solventum's capex changed year-over-year?
Solventum's capex decreased by 24.5% year-over-year, from $110M to $83M.
What is the long-term trend for Solventum's capex?
Over 3 years (2022 to 2025), Solventum's capex has grown at a 14.7% compound annual growth rate (CAGR), from $251M to $379M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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