Solventum (SOLV) Operating Expenses (2023 - 2026)
Solventum's (SOLV) quarterly Operating Expenses came in at $1.0 billion in Q1 2026, up 3.67% YoY from $980.0 million in Q1 2025, and up 8.78% on a QoQ basis from $934.0 million in Q4 2025.
Solventum (SOLV) Operating Expenses (2023 - 2026) Analysis & Trends
Solventum (SOLV) has 4 years of Operating Expenses data on file, last reported at $1.0 billion in 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 improved to $1.0 billion in Q1 2026, from $934.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.8 billion in Q2 2024 to a low of $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 climbed 21.66% — and 2025, when it slumped 47.25%.
- Tracing SOLV's Operating Expenses over 4 years: stood at $808.0 million in 2023, then gained by 21.66% to $983.0 million in 2024, then decreased by 4.98% to $934.0 million in 2025, then grew 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | 988.50 Mn |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 4.32 Bn |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 1.63 Bn |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 412.51 Mn |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 1.82 Bn |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 137.30 Mn |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 1.11 Bn |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | 718.70 Mn |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 864.00 Mn |
| 10 | Align Technology | 11.37 Bn | 10.27 Bn | 757.43 Mn | 603.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.11 Bn |
| 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 |