Solventum (SOLV) Cost of Revenue (2023 - 2026)
Solventum's (SOLV) quarterly Cost of Revenue came in at $11.0 million in Q1 2026, down 82.54% YoY from $63.0 million in Q1 2025, and down 99.67% on a QoQ basis from $3.4 billion in Q4 2025.
Solventum (SOLV) Cost of Revenue (2023 - 2026) Analysis & Trends
Solventum (SOLV) has 4 years of Cost of Revenue data on file, last reported at $11.0 million in Q1 2026.
- Quarterly Cost of Revenue fell 82.54% year-over-year to $11.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.7 billion (up 1424.79% YoY) and the FY2025 annual result came in at $3.4 billion, up 852.94% from the prior year.
- Cost of Revenue retreated to $11.0 million in Q1 2026, from $3.4 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $3.4 billion in Q4 2025 to a low of -$7.0 million in Q4 2024.
- A 4-year average of $408.8 million and a median of $103.0 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2024 — Cost of Revenue sank 107.87% — and 2025, when it surged 48014.29%.
- Tracing SOLV's Cost of Revenue over 4 years: stood at $89.0 million in 2023, then slumped by 107.87% to -$7.0 million in 2024, then surged by 48014.29% to $3.4 billion in 2025, then tumbled by 99.67% to $11.0 million in 2026.
- The last three Cost of Revenue figures came in at $11.0 million (Q1 2026), $3.4 billion (Q4 2025), and $167.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 931.90 Mn |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 2.67 Bn |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | 1.13 Bn |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 602.43 Mn |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 5.47 Bn |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 543.10 Mn |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | 807.00 Mn |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | 346.10 Mn |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 1.93 Bn |
| 10 | Align Technology | 11.61 Bn | 10.51 Bn | 757.43 Mn | 298.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 807.00 Mn |
| Jun 30, 2026 | 807.00 Mn |
| Mar 31, 2026 | 11.00 Mn |
| Mar 31, 2026 | 11.00 Mn |
| Dec 31, 2025 | 3.35 Bn |
| Dec 31, 2025 | 3.35 Bn |
| Sep 30, 2025 | 167.00 Mn |
| Sep 30, 2025 | 167.00 Mn |
| Jun 30, 2025 | 158.00 Mn |
| Jun 30, 2025 | 158.00 Mn |
| Mar 31, 2025 | 63.00 Mn |
| Mar 31, 2025 | 63.00 Mn |
| Dec 31, 2024 | -7.00 Mn |
| Dec 31, 2024 | -7.00 Mn |
| Sep 30, 2024 | 171.00 Mn |
| Sep 30, 2024 | 171.00 Mn |
| Jun 30, 2024 | 15.00 Mn |
| Jun 30, 2024 | 15.00 Mn |
| Mar 31, 2024 | 15.00 Mn |
| Mar 31, 2024 | 15.00 Mn |