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Solventum SOLV Health Information Systems — Operating Expenses

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MedSurg
$423M+4.7%
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$141M+9.3%

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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:OperatingExpenses.

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
Net Sales (Millions)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Operating Expenses (Millions)*2026202520262025
MedSurg$423$404$874$808
Dental Solutions141129289260
Health Information Systems126128258260
* Operating expenses are comprised of selling, general and administrative expenses and research and development expenses as shown on the condensed consolidated statements of income.
Three months ended June 30,Six months ended June 30,
Operating Performance (Millions)2026202520262025
MedSurg$355$210$516$416

Item 1. Financial Statements

FAQ

What is Solventum's health information systems — operating expenses?
Solventum (SOLV) reported health information systems — operating expenses of $126M in Q2 2026.
How has Solventum's health information systems — operating expenses changed year-over-year?
Solventum's health information systems — operating expenses decreased by 1.6% year-over-year, from $128M to $126M.
What is the long-term trend for Solventum's health information systems — operating expenses?
Over 3 years (2022 to 2025), Solventum's health information systems — operating expenses has grown at a 1.0% compound annual growth rate (CAGR), from $507M to $523M.
What does health information systems — operating expenses mean?
The indirect costs required to operate the Health Information Systems segment, including research and development, selling, general, and administrative expenses. These costs support the ongoing business operations beyond the direct cost of production.

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