How does Solventum (SOLV) make money?

Solventum (SOLV) generates revenue primarily from Product, which accounted for 71.1% of total revenue in TTM through Q1 2026. The company reported $8.26B in revenue and converted 17.3% of it into net profit, equivalent to roughly $1.43B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Solventum (SOLV)?

Solventum (SOLV) reported a gross profit margin of 53.7% in TTM through Q1 2026, equivalent to $4.43B in gross profit on $8.26B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Solventum (SOLV)?

Solventum (SOLV) reported an operating profit margin of 25.5% in TTM through Q1 2026, equivalent to $2.11B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Solventum (SOLV)?

Solventum (SOLV) reported a net profit margin of 17.3% in TTM through Q1 2026, equivalent to $1.43B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Solventum (SOLV) profitable?

Yes. Solventum (SOLV) reported $1.43B in net income for TTM through Q1 2026, with a net profit margin of 17.3%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Solventum (SOLV) invest in research and development?

Solventum (SOLV) invested $737M in research and development during TTM through Q1 2026, roughly 8.9% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does Solventum (SOLV) spend on capital expenditures?

Solventum (SOLV) spent $354M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 4.3% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Solventum (SOLV) generate?

Solventum (SOLV) generated -$203M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of -2.5%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Solventum (SOLV)?

Solventum (SOLV) had an effective tax rate of 15.3% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Solventum (SOLV)?

Solventum (SOLV) reports revenue across 4 reportable product segments, led by Product at 71.1% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How Solventum Makes Money: 2026 Visual Revenue Map

Solventum (SOLV) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 5, 2026).

Solventum discloses geographic revenue only in annual filings. to view the full breakdown.

Solventum (SOLV) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Solventum (SOLV), TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Product	$5.88B	71.1%
MedSurg Segment	$1.53B	18.5%
Dental Solutions Segment	$438M	5.3%
Health Information Systems Segment	$423M	5.1%
Total	$8.26B	100%

Product$5.88B
MedSurg Segment$1.53B
Dental Solutions Segment$438M
Health Information Systems Segment$423M
Total$8.26B

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Solventum (SOLV) reports revenue across 4 reportable product segments; the largest segment was Product at 71.1%, followed by MedSurg Segment (18.5%) and Dental Solutions Segment (5.3%).

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