Solventum (SOLV) Gross Margin (2023 - 2026)
Solventum posted quarterly Gross Margin of 54.66% for Q1 2026, up 84.0% year-on-year from 29.71% in Q1 2025, and up 6.34% on a QoQ basis from 51.4% in Q4 2025.
Solventum (SOLV) has 4 years of Gross Margin data on file, last reported 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.
- Across five years, Gross Margin topped out at 58.29% in Q3 2023 and bottomed at 51.4% in Q4 2025.
- The 4-year median for Gross Margin is 54.66% (2026), against an average of 55.39%.
- The widest annual swing landed in 2024, when Gross Margin jumped 160 bps; it then tumbled 432 bps in 2025.
- A 4-year view of Gross Margin shows it stood at 56.88% in 2023, then dropped by 5 bps to 53.93% in 2024, then retreated by 5 bps to 51.4% in 2025, then climbed 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 | 156.17 Bn | 151.78 Bn | 1.83 Bn | 66.06% |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 45.69% |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 62.25% |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 35.08% |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 54.66% |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 67.88% |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 70.82% |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 32.99% |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 35.80% |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 55.74% |
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% |