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Solventum SOLV MedSurg — Cost of Sales

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Dental Solutions
$124M+9.7%
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$82M-9.9%

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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:CostOfRevenue.

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
Total net sales$2,209$2,161$4,216$4,231
Three months ended June 30,Six months ended June 30,
Cost of Sales (Millions)2026202520262025
MedSurg$595$603$1,217$1,151
Dental Solutions124113243231
Health Information Systems8291162179
Three months ended June 30,Six months ended June 30,
Operating Expenses (Millions)*2026202520262025

Item 1. Financial Statements

FAQ

What is Solventum's medsurg — cost of sales?
Solventum (SOLV) reported medsurg — cost of sales of $595M in Q2 2026.
How has Solventum's medsurg — cost of sales changed year-over-year?
Solventum's medsurg — cost of sales decreased by 1.3% year-over-year, from $603M to $595M.
What is the long-term trend for Solventum's medsurg — cost of sales?
Over 3 years (2022 to 2025), Solventum's medsurg — cost of sales has grown at a 4.9% compound annual growth rate (CAGR), from $2.09B to $2.41B.
What does medsurg — cost of sales mean?
Includes the direct costs associated with manufacturing and delivering the products sold by the MedSurg segment, such as raw materials, direct labor, and manufacturing overhead. It is a key measure of the segment's production efficiency and supply chain management.

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