Solventum (SOLV) Research & Development (2023 - 2026)
Solventum's Research & Development came in at $178 million for Q2 2026, down 5.8% from $189 million a year earlier and down 5.8% from the prior quarter.
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Analysis
Solventum (SOLV) Research & Development (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Solventum reported Research & Development of $725 million, down 5.8% year-over-year; for FY2025, it was $739 million, down 4.6% from FY2024.
- Research & Development carries a three-year compound annual growth rate of -1.2% (FY2022 to FY2025).
- Going back by year, Research & Development was $775 million in FY2024 (+2.2%), $758 million in FY2023 (-1.2%) and $767 million in FY2022.
- The five-year range for quarterly Research & Development is $175 million (Q4 2025) to $199 million (Q4 2024).
- Year-over-year, Research & Development has declined for six consecutive quarters, with an average decline of 2.0% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q3 2024 (growth of 5.0%), and the weakest in Q4 2025 (a decline of 12.1%).
- Business Quant data shows SOLV's Research & Development at $189 million (Q1 2026), $175 million (Q4 2025) and $183 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 278.90 Mn |
| 10 | Solventum | 15.23 Bn | 11.75 Bn | 1.29 Bn | 178.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 178.00 Mn |
| Mar 31, 2026 | 189.00 Mn |
| Dec 31, 2025 | 175.00 Mn |
| Sep 30, 2025 | 183.00 Mn |
| Jun 30, 2025 | 189.00 Mn |
| Mar 31, 2025 | 193.00 Mn |
| Dec 31, 2024 | 199.00 Mn |
| Sep 30, 2024 | 189.00 Mn |
| Jun 30, 2024 | 192.00 Mn |
| Mar 31, 2024 | 195.00 Mn |
| Dec 31, 2023 | 190.00 Mn |
| Sep 30, 2023 | 180.00 Mn |
| Jun 30, 2023 | 193.00 Mn |
| Mar 31, 2023 | 195.00 Mn |
API Access
Solventum Research & Development 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=research-and-development&ticker=SOLV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=SOLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();