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 🔒
DateValue
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