Solventum Corp
Business
Solventum Corporation is a global healthcare company that develops, manufactures, and commercializes a broad portfolio of solutions leveraging material science, data science, and digital capabilities across medical devices, pharmaceuticals, and healthcare software. The company offers advanced wound care, surgical supplies, infection prevention products, dental and orthodontic solutions, and healthcare information systems serving hospitals, physicians, and healthcare providers in over 90 countries. Solventum operates through three reportable segments: MedSurg (medical devices and supplies), Dental Solutions (dental and orthodontic products), and Health Information Systems (healthcare software for revenue cycle and clinical documentation).
Summary from 10-K filed 2026-02-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Total net sales | 8,325 | 8,254 | 8,197 | 8,130 | |
| Gross profit | 4,451 | 4,593 | 4,693 | 4,695 | |
| Selling, general and administrative expenses | 3,080 | 2,782 | 2,299 | 2,235 | |
| Research and development expenses | 739 | 775 | 758 | 767 | |
| Gain on sale of business | −1,549 | 0 | −56 | — | |
| Operating income | 2,181 | 1,036 | 1,692 | 1,693 | |
| Interest expense, net | 347 | 367 | 0 | 0 | |
| Loss on debt extinguishment, net | 82 | 0 | 0 | — | |
| Other expense (income), net | 39 | 64 | 25 | 1 | |
| Income before income taxes | 1,713 | 605 | 1,667 | 1,692 | |
| Provision for income taxes | 157 | 127 | 321 | 349 | |
| Net income | 1,556 | 479 | 1,346 | 1,343 | |
| Basic earnings per share (in dollars per share) | 8.94 | 2.77 | 7.79 | 7.78 | |
| Diluted earnings per share (in dollars per share) | 8.88 | 2.76 | 7.79 | 7.78 | |
| Basic (in shares) | 174 | 173 | 173 | 173 | |
| Diluted (in shares) | 175 | 174 | 173 | 173 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 878 | 762 | 194 | — | — | |
| Accounts receivable net of allowances of $87 and $86 | 1,034 | 1,044 | 1,313 | — | — | |
| Due from related parties | 150 | 185 | 0 | — | — | |
| Finished goods | 636 | 539 | 453 | — | — | |
| Work in process | 201 | 190 | 171 | — | — | |
| Raw materials and supplies | 229 | 236 | 233 | — | — | |
| Total inventories | 1,066 | 965 | 857 | — | — | |
| Other current assets | 731 | 293 | 155 | — | — | |
| Total current assets | 3,859 | 3,249 | 2,519 | — | — | |
| Property, plant and equipment net | 1,326 | 1,622 | 1,457 | — | — | |
| Goodwill | 5,704 | 6,377 | 6,535 | 6,434 | — | |
| Intangible assets net | 2,592 | 2,544 | 2,902 | — | — | |
| Other assets | 814 | 665 | 530 | — | — | |
| Total assets | 14,294 | 14,457 | 13,943 | — | — | |
| Short-term borrowings and current portion of long-term debt | 0 | 200 | 0 | — | — | |
| Accounts payable | 687 | 618 | 477 | — | — | |
| Due to related parties | 435 | 272 | 0 | — | — | |
| Unearned revenue | 621 | 572 | 574 | — | — | |
| Other current liabilities | 1,393 | 1,041 | 677 | — | — | |
| Total current liabilities | 3,136 | 2,703 | 1,728 | — | — | |
| Long-term debt | 5,035 | 7,810 | 0 | — | — | |
| Pension and postretirement benefits | 363 | 350 | 166 | — | — | |
| Deferred income taxes | 164 | 225 | 231 | — | — | |
| Other liabilities | 547 | 410 | 152 | — | — | |
| Total liabilities | 9,245 | 11,498 | 2,277 | — | — | |
| Commitments and contingencies (Note 12) | — | — | — | — | — | |
| Common stock, par value $0.01 per share, 750,000,000 shares authorized | 2 | 2 | 0 | — | — | |
| Additional paid-in-capital | 3,876 | 3,771 | 0 | — | — | |
| Retained earnings | 1,797 | 242 | 0 | — | — | |
| Accumulated other comprehensive income (loss) | −625 | −1,056 | −337 | — | — | |
| Total equity | 5,049 | 2,959 | 11,666 | 11,742 | 12,059 | |
| Total liabilities and equity | 14,294 | 14,457 | 13,943 | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Depreciation and amortization | 489 | 555 | 561 | 578 | |
| Pension and postretirement benefit expense | 62 | 34 | 41 | 64 | |
| Stock-based compensation expense | 161 | 112 | 39 | 37 | |
| Transaction costs | −111 | 0 | 0 | — | |
| Deferred income taxes | −120 | −155 | −142 | −141 | |
| Accounts receivable | 34 | 43 | −129 | −32 | |
| Due from related parties | 44 | 233 | 0 | 0 | |
| Inventories | −139 | −132 | 23 | −82 | |
| Accounts payable | 104 | 266 | 105 | 25 | |
| Due to related parties | −11 | −395 | 0 | 0 | |
| Accrued compensation | 43 | 78 | 142 | — | |
| All other operating activities - net | −194 | 67 | −15 | −113 | |
| Net cash provided by operating activities | 369 | 1,185 | 1,915 | 1,679 | |
| Purchases of property, plant and equipment | −379 | −380 | −290 | −251 | |
| Acquisitions, net of cash acquired | −696 | 0 | 0 | — | |
| Proceeds from sale of business | 3,890 | 0 | 60 | 0 | |
| Other net | −18 | 0 | 0 | −2 | |
| Net cash provided by (used in) investing activities | 2,797 | −380 | −230 | −253 | |
| Repayment of debt | −3,070 | −300 | 0 | 0 | |
| Net transfers to 3M | −33 | −8,251 | −1,553 | −1,456 | |
| Proceeds from long-term debt, net of issuance costs | 0 | 8,303 | 0 | 0 | |
| Other net | 46 | 8 | 1 | −4 | |
| Net cash used in financing activities | −3,057 | −240 | −1,552 | −1,460 | |
| Effect of exchange rate changes on cash and cash equivalents | 7 | 3 | 0 | 4 | |
| Net increase (decrease) in cash and cash equivalents | 116 | 568 | 133 | −30 | |
| Income taxes | 181 | 244 | 0 | 0 | |
| Interest | 442 | 287 | 0 | 0 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Solventum Corp's CIK number?
Solventum Corp's SEC CIK number is 0001964738 (1964738). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Solventum Corp's SEC filings?
All of Solventum Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Solventum Corp last report earnings?
Solventum Corp (SOLV) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001964738-26-000022). This is Solventum Corp's most recent earnings filing of record — not a forecast of its next earnings date.
What is Solventum Corp's most recent earnings 8-K?
Solventum Corp's latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001964738-26-000022. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Solventum Corp's latest earnings 8-K →
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