Solventum (SOLV) Cost of Revenue (2023 - 2026)
Solventum (SOLV) reported Cost of Revenue of $64.0 million for Q1 2026, down 58.71% on a YoY basis from $155.0 million in Q1 2025, and up 126.67% quarter-over-quarter from -$240.0 million in Q4 2025.
Solventum (SOLV) Cost of Revenue (2023 - 2026) Analysis & Trends
Solventum has reported Cost of Revenue for 4 years, with the latest figure at $64.0 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 58.71% year-over-year to $64.0 million; the trailing twelve-month figure through Mar 2026 stood at -$54.0 million (down 119.08% YoY), and the FY2025 full-year result was $241.0 million, up 551.35% from the prior year.
- Cost of Revenue for Q1 2026 stood at $64.0 million, up from -$240.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $752.0 million in Q1 2023, with the low at -$240.0 million in Q4 2025.
- Historically, Cost of Revenue has averaged $99.1 million across 4 years, with a median of $64.0 million in 2025.
- The largest YoY upside for Cost of Revenue was 505.0% in 2024 against a maximum downside of 284.27% in 2024.
- Solventum's Cost of Revenue stood at $89.0 million in 2023, then tumbled by 284.27% to -$164.0 million in 2024, then sank by 46.34% to -$240.0 million in 2025, then surged by 126.67% to $64.0 million in 2026.
- The last three Cost of Revenue figures came in at $64.0 million (Q1 2026), -$240.0 million (Q4 2025), and $64.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 940.30 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 2.56 Bn |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 5.51 Bn |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 540.43 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 548.50 Mn |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 64.00 Mn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 346.10 Mn |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 303.50 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 1.81 Bn |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 630.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 64.00 Mn |
| Mar 31, 2026 | 64.00 Mn |
| Dec 31, 2025 | -240.00 Mn |
| Dec 31, 2025 | -240.00 Mn |
| Sep 30, 2025 | 64.00 Mn |
| Sep 30, 2025 | 64.00 Mn |
| Jun 30, 2025 | 58.00 Mn |
| Jun 30, 2025 | 58.00 Mn |
| Mar 31, 2025 | 155.00 Mn |
| Mar 31, 2025 | 155.00 Mn |
| Dec 31, 2024 | -164.00 Mn |
| Dec 31, 2024 | -164.00 Mn |
| Sep 30, 2024 | 171.00 Mn |
| Sep 30, 2024 | 171.00 Mn |
| Jun 30, 2024 | 121.00 Mn |
| Jun 30, 2024 | 121.00 Mn |
| Dec 31, 2023 | 89.00 Mn |
| Dec 31, 2023 | 89.00 Mn |
| Jun 30, 2023 | 20.00 Mn |
| Jun 30, 2023 | 20.00 Mn |