Solventum (SOLV) Research & Development (2023 - 2026)
Solventum (SOLV) posted Research & Development of $189.0 million for Q1 2026, up 8.0% on a QoQ basis from $175.0 million in Q4 2025, and down 2.07% year-over-year from $193.0 million in Q1 2025.
Solventum (SOLV) Research & Development (2023 - 2026) Analysis & Trends
Solventum's Research & Development history runs 4 years deep, the most recent figure standing at $189.0 million for Q1 2026.
- Quarterly Research & Development fell 2.07% year-over-year to $189.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $736.0 million (down 4.79% YoY) and the FY2025 annual result came in at $739.0 million, down 4.65% from the prior year.
- Research & Development was $189.0 million for Q1 2026 at Solventum, up from $175.0 million in the prior quarter.
- Across five years, Research & Development topped out at $199.0 million in Q4 2024 and bottomed at $175.0 million in Q4 2025.
- A 4-year average of $189.4 million and a median of $190.0 million in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2024 — Research & Development rose 5.0% — and 2025, when it decreased 12.06%.
- Solventum's Research & Development stood at $190.0 million in 2023, then gained by 4.74% to $199.0 million in 2024, then dropped by 12.06% to $175.0 million in 2025, then grew by 8.0% to $189.0 million in 2026.
- Business Quant data shows SOLV's Research & Development at $189.0 million in Q1 2026, $175.0 million in Q4 2025, and $183.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | -245.00 Mn |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 370.60 Mn |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | 249.00 Mn |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | - |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | 94.27 Mn |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 19.70 Mn |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | 42.50 Mn |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | 189.00 Mn |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | 98.66 Mn |
| 10 | Baxter International | 11.17 Bn | 9.12 Bn | 891.00 Mn | 139.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |