Solventum (SOLV) Gross Margin (2023 - 2026)

Solventum (SOLV) reported Gross Margin of 54.66% for Q1 2026, up 84.0% on a YoY basis from 29.71% in Q1 2025, and up 6.34% quarter-over-quarter from 51.4% in Q4 2025.

Solventum (SOLV) Gross Margin (2023 - 2026) Analysis & Trends

Solventum has reported Gross Margin for 4 years, with the latest figure at 54.66% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 84.0% year-over-year to 54.66%; the trailing twelve-month figure through Mar 2026 stood at 53.67% (down 92.0% YoY), and the FY2025 full-year result was 53.47%, down 218.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 54.66%, up from 51.4% in the prior quarter.
  • The five-year high for Gross Margin was 58.29% in Q3 2023, with the low at 51.4% in Q4 2025.
  • Historically, Gross Margin has averaged 55.39% across 4 years, with a median of 54.66% in 2026.
  • Annual changes were most pronounced in 2024 — Gross Margin jumped 160 bps — and 2025, when it sank 432 bps.
  • Solventum's Gross Margin stood at 56.88% in 2023, then slipped by 5 bps to 53.93% in 2024, then fell by 5 bps to 51.4% in 2025, then advanced by 6 bps to 54.66% in 2026.
  • The last three Gross Margin figures came in at 54.66% (Q1 2026), 51.4% (Q4 2025), and 54.15% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 66.06%
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 45.69%
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 25.04%
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 62.25%
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 35.08%
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 54.66%
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn 68.00%
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 70.82%
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 32.99%
10 Aptargroup 7.72 Bn 7.52 Bn 351.91 Mn 35.80%

Historic Data

Download Data
DateValue
Mar 31, 2026 54.66%
Dec 31, 2025 51.40%
Sep 30, 2025 54.15%
Jun 30, 2025 54.37%
Mar 31, 2025 53.82%
Dec 31, 2024 53.93%
Sep 30, 2024 55.96%
Jun 30, 2024 54.64%
Mar 31, 2024 58.13%
Dec 31, 2023 56.88%
Sep 30, 2023 58.29%
Jun 30, 2023 57.27%
Mar 31, 2023 56.54%