Solventum (SOLV) Research & Development (2023 - 2026)
Solventum posted quarterly Research & Development of $189.0 million for Q1 2026, down 2.07% year-on-year from $193.0 million in Q1 2025, and up 8.0% on a QoQ basis from $175.0 million in Q4 2025.
Solventum (SOLV) has 4 years of Research & Development data on file, last reported at $189.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 2.07% year-over-year to $189.0 million; the trailing twelve-month figure through Mar 2026 stood at $736.0 million (down 4.79% YoY), and the FY2025 full-year result was $739.0 million, down 4.65% from the prior year.
- Research & Development for Q1 2026 stood at $189.0 million, 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.
- The 4-year median for Research & Development is $190.0 million (2023), against an average of $189.4 million.
- The widest annual swing landed in 2024, when Research & Development climbed 5.0%; it then declined 12.06% in 2025.
- A 4-year view of Research & Development shows it stood at $190.0 million in 2023, then rose by 4.74% to $199.0 million in 2024, then slipped by 12.06% to $175.0 million in 2025, then climbed by 8.0% to $189.0 million in 2026.
- The last three Research & Development figures came in at $189.0 million (Q1 2026), $175.0 million (Q4 2025), and $183.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 361.90 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 249.00 Mn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 94.27 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 15.80 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 189.00 Mn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 44.30 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 98.66 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 139.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | - |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 14.46 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 |