Solventum (SOLV) Research & Development (2023 - 2026)
Solventum (SOLV) reported Research & Development of $189.0 million for Q1 2026, down 2.07% on a YoY basis from $193.0 million in Q1 2025, and up 8.0% quarter-over-quarter from $175.0 million in Q4 2025.
Solventum (SOLV) Research & Development (2023 - 2026) Analysis & Trends
Solventum has reported Research & Development for 4 years, with the latest figure 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.
- The five-year high for Research & Development was $199.0 million in Q4 2024, with the low at $175.0 million in Q4 2025.
- Historically, Research & Development has averaged $189.4 million across 4 years, with a median of $190.0 million in 2023.
- Annual changes were most pronounced in 2024 — Research & Development climbed 5.0% — and 2025, when it declined 12.06%.
- Solventum's Research & Development stood at $190.0 million in 2023, then increased by 4.74% to $199.0 million in 2024, then decreased by 12.06% to $175.0 million in 2025, then advanced 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 | 148.09 Bn | 143.69 Bn | 1.83 Bn | 361.90 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 249.00 Mn |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | - |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 94.27 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 15.80 Mn |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 189.00 Mn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 42.50 Mn |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 98.66 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 139.00 Mn |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 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 |