Solventum (SOLV) Operating Expenses (2023 - 2026)
Solventum (SOLV) posted Operating Expenses of $1.11 billion for Q2 2026, up 14.0% from $969 million a year earlier and up 4.9% from the prior quarter.
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Analysis
Solventum (SOLV) Operating Expenses (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Solventum was $4.06 billion, down 14.4% year-over-year; for FY2025, it was $3.87 billion, up 7.0% from FY2024.
- Annual Operating Expenses has increased for three consecutive years, with a three-year compound annual growth rate of 8.9% (FY2022 to FY2025).
- In prior years, Solventum's Operating Expenses was $3.62 billion in FY2024 (+18.4%), $3.06 billion in FY2023 (+1.8%) and $3 billion in FY2022.
- The Q2 2026 figure stands as the highest quarterly Operating Expenses since Q3 2024.
- On a year-over-year basis, Operating Expenses increased in four of the last eight quarters, with an average decline of 10.1%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2024, with growth of 21.7%; the weakest was Q2 2025, with a decline of 47.3%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $1.05 billion (Q1 2026), $934 million (Q4 2025) and $963 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 9.91 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 10.90 Bn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 2.48 Bn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 988.50 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 4.06 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 2.84 Bn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 2.67 Bn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 4.32 Bn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 840.10 Mn |
| 10 | Solventum | 15.23 Bn | 11.75 Bn | 1.29 Bn | 1.11 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.11 Bn |
| Mar 31, 2026 | 1.05 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 |
API Access
Solventum Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SOLV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SOLV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SOLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();