Solventum (SOLV) Gross Margin (2023 - 2026)
Solventum (SOLV) posted Gross Margin of 54.66% for Q1 2026, up 6.34% on a QoQ basis from 51.4% in Q4 2025, and up 84.0% year-over-year from 29.71% in Q1 2025.
Solventum (SOLV) Gross Margin (2023 - 2026) Analysis & Trends
Solventum's Gross Margin history runs 4 years deep, the most recent figure standing at 54.66% for Q1 2026.
- Quarterly Gross Margin rose 84.0% year-over-year to 54.66% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 53.67% (down 92.0% YoY) and the FY2025 annual result came in at 53.47%, down 218.0% from the prior year.
- Gross Margin was 54.66% for Q1 2026 at Solventum, 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.
- A 4-year average of 55.39% and a median of 54.66% in 2026 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin jumped 160 bps — and 2025, when it plunged 432 bps.
- Solventum's Gross Margin stood at 56.88% in 2023, then declined by 5 bps to 53.93% in 2024, then decreased by 5 bps to 51.4% in 2025, then grew by 6 bps to 54.66% in 2026.
- Business Quant data shows SOLV's Gross Margin at 54.66% in Q1 2026, 51.4% in Q4 2025, and 54.15% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | 56.80% |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 67.78% |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | 45.69% |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | 25.04% |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | 62.25% |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 37.74% |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | 68.00% |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | 54.66% |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | 70.82% |
| 10 | Baxter International | 11.17 Bn | 9.12 Bn | 891.00 Mn | 32.99% |
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% |