NYSE$SOLV

Solventum Corporation · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Solventum reported Q1 2026 total net sales of $2.01B (-3% YoY), net income of $13M, and diluted EPS of $0.07.

For the three months ended March 31, 2026, Solventum posted total net sales of $2.01 billion versus $2.07 billion, with net income of $13 million ($0.07 diluted EPS) compared with $137 million ($0.78) when tax benefited prior-year results. Operating income was $81 million; interest expense was $62 million following the spin from 3M.

  • Total net sales $2.01B (-3% YoY).
  • Net income $13M; diluted EPS $0.07 vs. $0.78.
  • Product sales $1.51B; software and rentals $493M.
  • Operating income compressed to $81M.
  • Separation-related costs and debt service weigh on EPS.

Headline financials

Total Revenue

$2.01B

Previous: $2.07B-3.0%
EPS (adj)

$0.07

Previous: $0.78-91.0%
Capital Expenditures

-$84M

Previous: -$109M+22.9%
Net Income

$13M

Previous: $137M-90.5%
Operating Income

$81M

Previous: $152M-46.7%
Gross Profit

$1.1B

Previous: $1.11B-1.5%

Revenue & EPS history

Solventum · Revenue · Quarterly

$2.01B

Q1 2026-3%vs Q1 2025
Beat estimate in 6 of 10 quarters(60%)
ActualEstimate

Revenue by segment

Solventum · $1.83B total across 3 segments · Q3 2023

  • MedSurg
    $1.18B
  • Dental Solutions
    $331M
  • Health Information Systems
    $321M

Forward guidance

Newly independent medtech discusses portfolio optimization and margin initiatives without long history of public guidance.

Tailwinds

  • Cash generation focus post-spin.
  • Portfolio diversity across medtech categories.

Headwinds

  • Year-over-year earnings decline on lower sales and tax comparison.
  • Elevated interest expense.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 12 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.2%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+2.1%

Avg return

30 days after

42%

5 / 12 earnings

Positive

+8.4%

Q2 2024

Best reaction

-4.7%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.4%+8.7%+21.2%
Q4 2025-3.7%-8.5%-18.4%
Q3 2025+7.7%+11.4%+28.9%
Q2 2025+1.7%+3.4%+1.1%
Q1 2025+5.5%+6.8%+12.3%
Q4 2024-4.4%-6.7%-10.4%
Q3 2023-4.7%-6.7%-6.8%
Q3 2024-2.3%-4.6%-5.6%
Q2 2023-1.6%-1.5%+12.9%
Q2 2024+8.4%+4.2%+18.4%
Q1 2023-2.6%-3.7%-13.0%
Q1 2024-4.0%-2.0%-15.1%
Q4 2023
Q4 2022
Q3 2022
Q2 2022
Q1 2022

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