Solventum (SOLV) Free Cash Flow (2023 - 2026)
Solventum (SOLV) reported Free Cash Flow of -$273.0 million for Q1 2026, down 241.25% on a YoY basis from $193.3 million in Q1 2025, and down 953.12% quarter-over-quarter from $32.0 million in Q4 2025.
Solventum (SOLV) Free Cash Flow (2023 - 2026) Analysis & Trends
Solventum has reported Free Cash Flow for 4 years, with the latest figure at -$273.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 241.25% year-over-year to -$273.0 million; the trailing twelve-month figure through Mar 2026 stood at -$203.0 million (down 152.73% YoY), and the FY2025 full-year result was -$10.0 million, down 101.24% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$273.0 million, down from $32.0 million in the prior quarter.
- The five-year high for Free Cash Flow was $459.0 million in Q4 2023, with the low at -$273.0 million in Q1 2026.
- Historically, Free Cash Flow has averaged $165.2 million across 4 years, with a median of $92.0 million in 2024.
- Annual changes were most pronounced in 2024 — Free Cash Flow rose 0.68% — and 2026, when it tumbled 241.25%.
- Solventum's Free Cash Flow stood at $459.0 million in 2023, then plunged by 79.96% to $92.0 million in 2024, then sank by 65.22% to $32.0 million in 2025, then plunged by 953.12% to -$273.0 million in 2026.
- The last three Free Cash Flow figures came in at -$273.0 million (Q1 2026), $32.0 million (Q4 2025), and -$21.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 808.60 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 546.00 Mn |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 316.00 Mn |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 520.48 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 63.80 Mn |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | -273.00 Mn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 96.40 Mn |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 120.26 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 76.00 Mn |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 53.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -273.00 Mn |
| Mar 31, 2026 | -273.00 Mn |
| Dec 31, 2025 | 32.00 Mn |
| Dec 31, 2025 | 32.00 Mn |
| Sep 30, 2025 | -21.00 Mn |
| Sep 30, 2025 | -21.00 Mn |
| Jun 30, 2025 | 59.00 Mn |
| Jun 30, 2025 | 59.00 Mn |
| Mar 31, 2025 | -80.00 Mn |
| Mar 31, 2025 | -80.00 Mn |
| Dec 31, 2024 | 92.00 Mn |
| Dec 31, 2024 | 92.00 Mn |
| Sep 30, 2024 | 76.00 Mn |
| Sep 30, 2024 | 76.00 Mn |
| Jun 30, 2024 | 297.00 Mn |
| Jun 30, 2024 | 297.00 Mn |
| Mar 31, 2024 | 340.00 Mn |
| Mar 31, 2024 | 340.00 Mn |
| Dec 31, 2023 | 459.00 Mn |
| Dec 31, 2023 | 459.00 Mn |