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Solventum SOLV Net sales of software and rentals — Total Net Sales

Discontinued — last reported Q3 '24

Other product segments

Cost of software and rentals
$493M+4.2%

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SSNTSoftware products and services — Net Sales
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SSNTSoftware Revenue — Total revenue, net

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:Revenues.

The official record: Solventum’s 10-Q, filed November 8, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Solventum's net sales of software and rentals — total net sales?
Solventum (SOLV) reported net sales of software and rentals — total net sales of $474M in Q3 2024.
How has Solventum's net sales of software and rentals — total net sales changed year-over-year?
Solventum's net sales of software and rentals — total net sales decreased by 1.5% year-over-year, from $481M to $474M.
What does net sales of software and rentals — total net sales mean?
Total revenue earned from software subscriptions and equipment rentals.
How do you interpret net sales of software and rentals — total net sales?
An increase suggests successful adoption of digital health platforms and recurring revenue models, while a decrease may indicate market saturation or competitive pressure in software services.
How does net sales of software and rentals — total net sales compare across companies?
Comparable to SaaS revenue or recurring service revenue reported by other health-tech and medical device companies.