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| Date | Value |
|---|---|
| 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% |