Solventum (SOLV) Operating Expenses (2023 - 2026)
Solventum posted quarterly Operating Expenses of $1.0 billion for Q1 2026, up 3.67% year-on-year from $980.0 million in Q1 2025, and up 8.78% on a QoQ basis from $934.0 million in Q4 2025.
Solventum (SOLV) has 4 years of Operating Expenses data on file, last reported at $1.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 3.67% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $3.9 billion (down 30.77% YoY), and the FY2025 full-year result was $3.8 billion, up 6.27% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.0 billion, up from $934.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $1.8 billion in Q2 2024 and bottomed at $808.0 million in Q4 2023.
- The 4-year median for Operating Expenses is $1.0 billion (2026), against an average of $1.3 billion.
- The widest annual swing landed in 2024, when Operating Expenses climbed 21.66%; it then plunged 47.25% in 2025.
- A 4-year view of Operating Expenses shows it stood at $808.0 million in 2023, then advanced by 21.66% to $983.0 million in 2024, then slipped by 4.98% to $934.0 million in 2025, then increased by 8.78% to $1.0 billion in 2026.
- The last three Operating Expenses figures came in at $1.0 billion (Q1 2026), $934.0 million (Q4 2025), and $963.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 975.20 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 4.62 Bn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 391.17 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 115.30 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 1.02 Bn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 434.50 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 594.63 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 867.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 875.37 Mn |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 178.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.02 Bn |
| Dec 31, 2025 | 934.00 Mn |
| Sep 30, 2025 | 963.00 Mn |
| Jun 30, 2025 | 969.00 Mn |
| Mar 31, 2025 | 980.00 Mn |
| Dec 31, 2024 | 983.00 Mn |
| Sep 30, 2024 | 1.81 Bn |
| Jun 30, 2024 | 1.84 Bn |
| Mar 31, 2024 | 1.64 Bn |
| Dec 31, 2023 | 808.00 Mn |
| Sep 30, 2023 | 1.57 Bn |
| Jun 30, 2023 | 1.66 Bn |
| Mar 31, 2023 | 1.65 Bn |