Solventum Corporation (BST:KB7)

Solventum Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	8,325	8,254	8,197	8,130	8,171
Revenue Growth (YoY)	0.86%	0.69%	0.82%	-0.50%	12.22%
Cost of Revenue	3,874	3,642	3,504	3,435	3,248
Gross Profit	4,451	4,612	4,693	4,695	4,923
Selling, General & Admin	3,080	2,752	2,247	2,236	2,282
Research & Development	739	768	758	767	766
Operating Expenses	3,819	3,520	3,005	3,003	3,048
Operating Income	632	1,092	1,688	1,692	1,875
Interest Expense	-347	-367	-	-	-
Other Non Operating Income (Expenses)	-39	-57	-21	-	7
EBT Excluding Unusual Items	246	668	1,667	1,692	1,882
Merger & Restructuring Charges	-	-62	-	-	-
Gain (Loss) on Sale of Assets	1,549	-	-	-	-
Other Unusual Items	-82	-	-	-	-
Pretax Income	1,713	606	1,667	1,692	1,882
Income Tax Expense	157	127	321	349	422
Net Income	1,556	479	1,346	1,343	1,460
Net Income to Common	1,556	479	1,346	1,343	1,460
Net Income Growth	224.84%	-64.41%	0.22%	-8.01%	28.29%
Shares Outstanding (Basic)	174	173	173	173	-
Shares Outstanding (Diluted)	175	174	173	173	-
Shares Change (YoY)	0.92%	0.58%	-	-	-
EPS (Basic)	8.94	2.77	7.79	7.78	-
EPS (Diluted)	8.88	2.76	7.79	7.78	-
EPS Growth	221.74%	-64.57%	0.17%	-	-
Free Cash Flow	-10	805	1,625	1,428	1,925
Free Cash Flow Per Share	-0.06	4.63	9.41	8.27	-
Gross Margin	53.46%	55.88%	57.25%	57.75%	60.25%
Operating Margin	7.59%	13.23%	20.59%	20.81%	22.95%
Profit Margin	18.69%	5.80%	16.42%	16.52%	17.87%
Free Cash Flow Margin	-0.12%	9.75%	19.82%	17.57%	23.56%
EBITDA	1,121	1,647	2,249	2,270	2,472
EBITDA Margin	13.46%	19.95%	27.44%	27.92%	30.25%
D&A For EBITDA	489	555	561	578	597
EBIT	632	1,092	1,688	1,692	1,875
EBIT Margin	7.59%	13.23%	20.59%	20.81%	22.95%
Effective Tax Rate	9.16%	20.96%	19.26%	20.63%	22.42%
Revenue as Reported	8,325	8,254	8,197	8,130	8,171

Source: S&P Global Market Intelligence. Standard template. Financial Sources.