Solventum Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 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	3,661	3,504	3,435	3,248
Gross Profit	4,451	4,593	4,693	4,695	4,923
Selling, General & Admin	3,080	2,782	2,299	2,235	2,278
Research & Development	739	775	758	767	766
Other Operating Expenses	1,549	-	56	-	-
Operating Income	2,181	1,036	1,692	1,693	1,879
Interest Expense	-347	-367	-	-	-
Other Non-Operating Income (Expense)	-121	-64	-25	-1	3
Total Non-Operating Income (Expense)	-468	-431	-25	-1	3
Pretax Income	1,713	605	1,667	1,692	1,882
Provision for Income Taxes	-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%	0.13%	-	-
Free Cash Flow	-10	805	1,625	1,428	1,925
Free Cash Flow Growth	-	-50.46%	13.80%	-25.82%	9.69%
Free Cash Flow Per Share	-0.06	4.63	9.41	8.27	-
Gross Margin	53.47%	55.65%	57.25%	57.75%	60.25%
Operating Margin	26.20%	12.55%	20.64%	20.82%	23.00%
Profit Margin	18.69%	5.80%	16.42%	16.52%	17.87%
FCF Margin	-0.12%	9.75%	19.82%	17.56%	23.56%
EBITDA	2,670	1,591	2,253	2,271	2,476
EBITDA Margin	32.07%	19.28%	27.49%	27.93%	30.30%
EBIT	2,181	1,036	1,692	1,693	1,879
EBIT Margin	26.20%	12.55%	20.64%	20.82%	23.00%
Effective Tax Rate	-9.17%	-20.99%	-19.26%	-20.63%	-22.42%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.