Solventum (SOLV) Operating Expenses (2023 - 2026)
Solventum (SOLV) posted Operating Expenses of $1.0 billion for Q1 2026, up 8.78% on a QoQ basis from $934.0 million in Q4 2025, and up 3.67% year-over-year from $980.0 million in Q1 2025.
Solventum (SOLV) Operating Expenses (2023 - 2026) Analysis & Trends
Solventum's Operating Expenses history runs 4 years deep, the most recent figure standing at $1.0 billion for Q1 2026.
- Quarterly Operating Expenses rose 3.67% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.9 billion (down 30.77% YoY) and the FY2025 annual result came in at $3.8 billion, up 6.27% from the prior year.
- Operating Expenses was $1.0 billion for Q1 2026 at Solventum, 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.
- A 4-year average of $1.3 billion and a median of $1.0 billion in 2026 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses rose 21.66% — and 2025, when it sank 47.25%.
- Solventum's Operating Expenses stood at $808.0 million in 2023, then climbed by 21.66% to $983.0 million in 2024, then dropped by 4.98% to $934.0 million in 2025, then rose by 8.78% to $1.0 billion in 2026.
- Business Quant data shows SOLV's Operating Expenses at $1.0 billion in Q1 2026, $934.0 million in Q4 2025, and $963.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 33,163,703.85 Bn | 33,163,702.19 Bn | 1.53 Bn | -1.13 Bn |
| 2 | Intuitive Surgical | 119.67 Bn | 114.45 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Becton Dickinson | 43.92 Bn | 43.11 Bn | 2.15 Bn | 4.62 Bn |
| 4 | Medline | 31.71 Bn | 29.47 Bn | 1.84 Bn | 1.42 Bn |
| 5 | Resmed | 28.46 Bn | 26.80 Bn | 890.98 Mn | 391.17 Mn |
| 6 | West Pharmaceutical Services | 23.80 Bn | 23.28 Bn | 296.40 Mn | 115.30 Mn |
| 7 | Cooper Companies | 13.77 Bn | 13.63 Bn | 735.40 Mn | 718.70 Mn |
| 8 | Solventum | 13.63 Bn | 13.06 Bn | 1.10 Bn | 1.02 Bn |
| 9 | Align Technology | 11.94 Bn | 10.88 Bn | 736.59 Mn | 594.63 Mn |
| 10 | Baxter International | 11.56 Bn | 9.54 Bn | 891.00 Mn | 867.00 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 |