Solventum Corporation (SOLV) Revenue History
Annual and quarterly revenue from 2021 to present
SOLV Revenue Over Time (2021–2025)
SOLV Revenue Growth History
3 of 4 years with positive growth- FY2021 revenue growth
- N/A
- FY2022 revenue growth
- -0.5%
- FY2023 revenue growth
- +0.8%
- FY2024 revenue growth
- +0.7%
- FY2025 revenue growth
- +0.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $2.01B | -3.0% |
| Q4 2025 | $2.00B | -3.7% |
| Q3 2025 | $2.10B | +0.7% |
| Q2 2025 | $2.16B | +3.8% |
| Q1 2025 | $2.07B | +2.7% |
| Q4 2024 | $2.08B | +1.9% |
| Q3 2024 | $2.08B | +0.4% |
| Q2 2024 | $2.08B | +0.2% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
SOLV's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
SOLV Revenue Analysis (2021–2025)
Current Revenue & Growth
As of June 22, 2026, Solventum Corporation (SOLV) generated trailing twelve-month (TTM) revenue of $8.26 billion, reflecting slight decline in growth of -3.0% year-over-year. The most recent quarter (Q1 2026) recorded $2.01 billion in revenue, up 0.5% sequentially.
Historical Growth Trajectory
SOLV's historical revenue data shows a 3-year CAGR of +0.8%. Solventum Corporation's highest annual revenue of $8.32 billion was recorded in 2025, an all-time high.
Revenue by Segment
SOLV's revenue is primarily driven by Product (100%). With over half of revenue concentrated in Product, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Healthcare sector peers — including BAX (+5.1% YoY), BDX (+2.4% YoY), and COO (+6.1% YoY) — SOLV has underperformed the peer group in revenue growth. Compare SOLV vs BAX →
SOLV Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SOLVCurrent | $8.3B | -3.0% | - | 26.2% | |
 BAX | $11.2B | +5.1% | -0.7% | -2.7% | |
 BDX | $21.8B | +2.4% | +6.3% | 11.8% | |
 COO | $4.1B | +6.1% | +11.0% | 16.7% | |
 HOLX | $4.1B | +2.2% | +1.7% | 17.4% | |
 ICU | $1M | +235.5% | - | -986.6% |
SOLV Historical Revenue Data (2021–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $8.32B | +0.9% | $4.45B | 53.5% | $2.18B | 26.2% |
| 2024 | $8.25B | +0.7% | $4.59B | 55.6% | $1.04B | 12.6% |
| 2023 | $8.20B | +0.8% | $4.69B | 57.3% | $1.69B | 20.6% |
| 2022 | $8.13B | -0.5% | $4.70B | 57.7% | $1.69B | 20.8% |
| 2021 | $8.17B | - | $4.92B | 60.2% | $1.88B | 23.0% |
Full Stock Analysis
Deep dive into SOLV consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
5+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
SOLV — Frequently Asked Questions
Quick answers to the most common questions about buying SOLV stock.
Is SOLV's revenue growth accelerating or slowing?
SOLV revenue growth is slowing. TTM revenue is $8.3B, up -3.0% year-over-year — below the 5-year CAGR of N/A. The deceleration suggests maturing end-markets or increased competition.
What is SOLV's revenue history from 2021 to 2026?
Solventum Corporation (SOLV) revenue history spans 2021 to 2026. TTM revenue as of 2026 is $8.3B, growing at -3.0% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is SOLV's long-term revenue growth rate (CAGR)?
Solventum Corporation's 5-year revenue CAGR of N/A reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -3.0% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for SOLV.
Why does SOLV's quarterly revenue fluctuate?
SOLV quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Solventum Corporation's revenue data from 2021 to 2026 shows full historical quarterly detail on this page.
How is SOLV's revenue distributed by segment?
SOLV reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does SOLV's revenue compare to industry peers?
Solventum Corporation (SOLV) with TTM revenue of $8.3B and -3.0% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.