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
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%