Solventum (SOLV) Cost of Revenue (2023 - 2026)

Solventum posted quarterly Cost of Revenue of $64.0 million for Q1 2026, down 58.71% year-on-year from $155.0 million in Q1 2025, and up 126.67% on a QoQ basis from -$240.0 million in Q4 2025.

Solventum (SOLV) has 4 years of Cost of Revenue data on file, last reported 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.
  • Across five years, Cost of Revenue topped out at $752.0 million in Q1 2023 and bottomed at -$240.0 million in Q4 2025.
  • The 4-year median for Cost of Revenue is $64.0 million (2025), against an average of $99.1 million.
  • Peak annual rise in Cost of Revenue reached 505.0% in 2024, while the deepest fall reached 284.27% in 2024.
  • A 4-year view of Cost of Revenue shows it stood at $89.0 million in 2023, then slumped by 284.27% to -$164.0 million in 2024, then plunged by 46.34% to -$240.0 million in 2025, then soared 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 156.17 Bn 151.78 Bn 1.83 Bn 940.30 Mn
2 Becton Dickinson 41.51 Bn 40.49 Bn 2.15 Bn 2.56 Bn
3 Resmed 30.43 Bn 28.77 Bn 890.98 Mn 540.43 Mn
4 West Pharmaceutical Services 22.78 Bn 22.26 Bn 296.40 Mn 548.50 Mn
5 Solventum 13.39 Bn 13.39 Bn 1.10 Bn 64.00 Mn
6 Cooper Companies 12.33 Bn 12.20 Bn 695.20 Mn 328.90 Mn
7 Align Technology 11.65 Bn 10.59 Bn 736.59 Mn 303.50 Mn
8 Baxter International 9.81 Bn 7.77 Bn 891.00 Mn 1.81 Bn
9 Aptargroup 7.39 Bn 7.19 Bn 351.91 Mn 630.96 Mn
10 Repligen 6.39 Bn 5.41 Bn 108.28 Mn 85.97 Mn

Historic Data

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DateValue
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
Mar 31, 2023 752.00 Mn
Mar 31, 2023 752.00 Mn