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Solventum SOLV Cost of product — Total Net Sales

Other product segments

Cost of software and rentals
$511M+3.7%

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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%
CapEx$83.0M-24.5%
Free cash flow-$273.0M-241%

Valuation

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Market cap$15.15B+20.6%
Enterprise value$20.54B+3.3%
P/E10.6×-22.5×
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:Revenues.

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, except per share data)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Net sales of product$1,698$1,668$3,211$3,265
Net sales of software and rentals5114931,005966
Total net sales2,2092,1614,2164,231
Cost of product8078651,6031,700
Cost of software and rentals116121231242
Gross profit1,2861,1752,3822,289
Selling, general and administrative expenses9277721,7541,541
Research and development expenses178189367381

Item 1. Financial Statements

FAQ

What is Solventum's cost of product — total net sales?
Solventum (SOLV) reported cost of product — total net sales of $1.7B in Q2 2026.
How has Solventum's cost of product — total net sales changed year-over-year?
Solventum's cost of product — total net sales increased by 1.8% year-over-year, from $1.67B to $1.7B.
What is the long-term trend for Solventum's cost of product — total net sales?
Over 3 years (2022 to 2025), Solventum's cost of product — total net sales has grown at a 0.3% compound annual growth rate (CAGR), from $6.3B to $6.35B.
What does cost of product — total net sales mean?
This metric represents the total revenue generated from the sale of goods within the specific product segment. It reflects the market demand and pricing power for the company's physical product offerings before the deduction of any direct costs. This figure is a primary indicator of the segment's scale and its contribution to the overall corporate top-line performance.

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