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Solventum SOLV Cost of software and rentals — Cost of Sales

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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:CostOfGoodsAndServicesSold.

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 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
Operating income181214262367

Item 1. Financial Statements

FAQ

What is Solventum's cost of software and rentals — cost of sales?
Solventum (SOLV) reported cost of software and rentals — cost of sales of $116M in Q2 2026.
How has Solventum's cost of software and rentals — cost of sales changed year-over-year?
Solventum's cost of software and rentals — cost of sales decreased by 4.1% year-over-year, from $121M to $116M.
What is the long-term trend for Solventum's cost of software and rentals — cost of sales?
Over 3 years (2022 to 2025), Solventum's cost of software and rentals — cost of sales has grown at a -0.7% compound annual growth rate (CAGR), from $482M to $472M.
What does cost of software and rentals — cost of sales mean?
This metric captures the direct costs associated with delivering software solutions and maintaining rental equipment, including hosting fees, software support, and hardware depreciation. It serves as a measure of the operational efficiency and cost structure required to support the company's digital and leasing business model. Tracking this helps identify trends in service delivery expenses relative to the segment's revenue.

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