Solventum Corporation (SOLV) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 2.01B | 2B | 2.1B | 2.16B | 2.07B | 2.08B | 2.08B | 2.08B | 2.02B | 2.04B | 2.07B | 2.08B |
| Revenue Growth % | -3.04% | -3.71% | 0.67% | 3.84% | 2.68% | 1.92% | 0.39% | 0.24% | - | - | - | - |
| Cost of Goods Sold | 910M | 1.01B | 919M | 986M | 956M | 956M | 917M | 944M | 844M | 878M | 865M | 887M |
| COGS % of Revenue | 45.34% | 50.7% | 43.85% | 45.63% | 46.18% | 46.07% | 44.04% | 45.36% | 41.87% | 43.12% | 41.71% | 42.73% |
| Gross Profit | 1.1B | 985M | 1.18B | 1.18B | 1.11B | 1.12B | 1.17B | 1.14B | 1.17B | 1.16B | 1.21B | 1.19B |
| Gross Margin % | 54.66% | 49.3% | 56.15% | 54.37% | 53.82% | 53.93% | 55.96% | 54.64% | 58.13% | 56.88% | 58.29% | 57.27% |
| Gross Profit Growth % | -1.53% | -11.97% | 1.03% | 3.34% | -4.95% | -3.37% | -3.64% | -4.37% | - | - | - | - |
| Operating Expenses | 1.02B | -693M | 1.04B | 961M | 962M | 983M | 890M | 893M | 791M | 752M | 705M | 772M |
| OpEx % of Revenue | 50.62% | -34.68% | 49.62% | 44.47% | 46.47% | 47.37% | 42.75% | 42.91% | 39.24% | 36.94% | 33.99% | 37.19% |
| Selling, General & Admin | 827M | 759M | 780M | 772M | 769M | 784M | 701M | 701M | 596M | 562M | 525M | 579M |
| SG&A % of Revenue | 41.21% | 37.99% | 37.21% | 35.72% | 37.15% | 37.78% | 33.67% | 33.69% | 29.56% | 27.6% | 25.31% | 27.89% |
| Research & Development | 189M | 176M | 183M | 189M | 193M | 199M | 189M | 192M | 195M | 190M | 180M | 193M |
| R&D % of Revenue | 9.42% | 8.81% | 8.73% | 8.75% | 9.32% | 9.59% | 9.08% | 9.23% | 9.67% | 9.33% | 8.68% | 9.3% |
| Other Operating Expenses | 0 | -1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 81M | 1.68B | 137M | 214M | 152M | 136M | 275M | 244M | 381M | 406M | 504M | 417M |
| Operating Margin % | 4.04% | 83.98% | 6.54% | 9.9% | 7.34% | 6.55% | 13.21% | 11.73% | 18.9% | 19.94% | 24.3% | 20.09% |
| Operating Income Growth % | -46.71% | 1133.82% | -50.18% | -12.3% | -60.1% | -66.5% | -45.44% | -41.49% | - | - | - | - |
| EBITDA | 216M | 2.06B | 258M | 336M | 281M | 286M | 408M | 377M | 520M | 545M | 648M | 550M |
| EBITDA Margin % | 10.76% | 103% | 12.31% | 15.55% | 13.57% | 13.78% | 19.6% | 18.12% | 25.79% | 26.77% | 31.24% | 26.49% |
| EBITDA Growth % | -23.13% | 619.58% | -36.76% | -10.88% | -45.96% | -47.52% | -37.04% | -31.45% | - | - | - | - |
| D&A (Non-Cash Add-back) | 135M | 380M | 121M | 122M | 129M | 150M | 133M | 133M | 139M | 139M | 144M | 133M |
| EBIT | 81M | 109M | 1.6B | 206M | 142M | 120M | 274M | 210M | 368M | 391M | 500M | 413M |
| Net Interest Income | -62M | -51M | -89M | -103M | -104M | -107M | -107M | -114M | -39M | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 62M | 51M | 89M | 103M | 104M | 107M | 107M | 114M | 39M | 0 | 0 | 0 |
| Other Income/Expense | -65M | -1.62B | 1.38B | -111M | -114M | -123M | -108M | -148M | -52M | -15M | -4M | -4M |
| Pretax Income | 16M | 58M | 1.51B | 103M | 38M | 13M | 167M | 96M | 329M | 391M | 500M | 413M |
| Pretax Margin % | 0.8% | 2.9% | 72.23% | 4.77% | 1.84% | 0.63% | 8.02% | 4.61% | 16.32% | 19.2% | 24.11% | 19.89% |
| Income Tax | 3M | -5M | 248M | 13M | -99M | -17M | 45M | 7M | 92M | 119M | 40M | 92M |
| Effective Tax Rate % | 18.75% | -8.62% | 16.38% | 12.62% | -260.53% | -130.77% | 26.95% | 7.29% | 27.96% | 30.43% | 8% | 22.28% |
| Net Income | 13M | 63M | 1.27B | 90M | 137M | 31M | 122M | 89M | 237M | 272M | 460M | 321M |
| Net Margin % | 0.65% | 3.15% | 60.4% | 4.16% | 6.62% | 1.49% | 5.86% | 4.28% | 11.76% | 13.36% | 22.18% | 15.46% |
| Net Income Growth % | -90.51% | 103.23% | 937.7% | 1.12% | -42.19% | -88.6% | -73.48% | -72.27% | - | - | - | - |
| Net Income (Continuing) | 13M | 63M | 1.27B | 90M | 137M | 30M | 122M | 89M | 237M | 272M | 460M | 321M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.07 | 0.37 | 7.22 | 0.51 | 0.78 | 0.18 | 0.70 | 0.51 | 1.37 | 1.57 | 2.66 | 1.86 |
| EPS Growth % | -91.03% | 105.56% | 931.43% | 0% | -43.07% | -88.57% | -73.72% | -72.56% | - | - | - | - |
| EPS (Basic) | 0.07 | 0.36 | 7.26 | 0.52 | 0.79 | 0.18 | 0.70 | 0.51 | 1.37 | 1.57 | 2.66 | 1.86 |
| Diluted Shares Outstanding | 175.5M | 175.3M | 175.4M | 175.2M | 174.8M | 174.5M | 173.9M | 173.5M | 172.71M | 172.71M | 172.7M | 172.7M |
| Basic Shares Outstanding | 174.2M | 174.1M | 174.3M | 174.1M | 173.7M | 173.4M | 173.4M | 173.2M | 172.71M | 172.71M | 172.7M | 172.7M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - |