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Solventum SOLV Work in process

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Other financials

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

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Market cap$13.06B-13.9%
Enterprise value$18.29B-19.4%
P/E9.1×-30.9×
P/S1.6×-0.2×

Profitability

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Gross margin53.7%-0.9pp
Operating margin25.5%+15.8pp
Net margin17.3%+12.8pp
FCF margin4.6%-13.9pp

Returns & leverage

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

Where this comes from

Reported directly by Solventum in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: Solventum’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Solventum's work in process?
Solventum (SOLV) reported work in process of $222M in Q1 2026.
How has Solventum's work in process changed year-over-year?
Solventum's work in process increased by 29.8% year-over-year, from $171M to $222M.
What is the long-term trend for Solventum's work in process?
Over 2 years (2023 to 2025), Solventum's work in process has grown at a 8.4% compound annual growth rate (CAGR), from $171M to $201M.
What does work in process mean?
The value of goods currently in the middle of the production process.
How do you interpret work in process?
An increase may signal production delays or scaling efforts, while a decrease suggests faster production cycles.
How does work in process compare across companies?
Highly dependent on the complexity of the manufacturing process and the specific product mix of the company.