Solventum (SOLV) Gross Margin (2023 - 2026)
Solventum's (SOLV) quarterly Gross Margin came in at 54.66% in Q1 2026, up 84.0% YoY from 29.71% in Q1 2025, and up 6.34% on a QoQ basis from 51.4% in Q4 2025.
Solventum (SOLV) Gross Margin (2023 - 2026) Analysis & Trends
Solventum (SOLV) has 4 years of Gross Margin data on file, last reported at 54.66% in 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 climbed to 54.66% in Q1 2026, from 51.4% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 58.29% in Q3 2023 to a low of 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 sank 432 bps.
- Tracing SOLV's Gross Margin over 4 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | 67.78% |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 46.46% |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 59.33% |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 58.84% |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 28.82% |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 37.74% |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 58.22% |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | 68.00% |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 34.86% |
| 10 | Align Technology | 11.37 Bn | 10.27 Bn | 757.43 Mn | 71.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 58.22% |
| 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% |