Filing Flows › Solventum (SOLV) › Q2 2026
Solventum (SOLV) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Solventum (SOLV) reported revenue of $2.2B for the second quarter 2026 (Q2 2026), +2% from a year earlier and +10% from the quarter before. Operating margin was 8.2%, net earnings $92.0M (4.2% of revenue).
Solventum, Q2 2026: revenue $2.2B (+2% year over year), operating margin 8.2%, net earnings $92.0M, operating cash flow $227M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +10% | +2% |
| Gross profit | $1.3B | +17% | +9% |
| Operating profit | $181M | +123% | -15% |
| Net earnings | $92.0M | +608% | +2% |
| Operating cash flow | $227M | — | +34% |
| Free cash flow | $144M | — | +144% |
What changed
Revenue was $2.2B in Q2 2026, up 2% year over year and up 10% from the previous quarter. Product was the largest line at 77% of revenue. Product added $0.03B year over year (up 2%), 62% of the total change.
Gross margin was 58.2%, up 3.8 points from a year earlier. Operating profit was $0.18B, a 8.2% margin (down 1.7 points year over year). Operating profit fell $0.03B even though revenue rose $0.05B versus a year earlier, so costs grew faster than sales. Operating expenses grew 15% against revenue growth of 2%. The fastest-growing cost line was SG&A (+20%). Net earnings were $0.09B, up 2% year over year. The effective tax rate was 14.0%.
Operating cash flow was $0.23B (up 34% year over year), 247% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.04B. After purchases of property, plant and equipment ($0.08B), free cash flow as the company reports it was $0.14B.
Questions
What was Solventum's revenue in the second quarter 2026?
Solventum (SOLV) reported revenue of $2.2B for the second quarter 2026 (Q2 2026), +2% from a year earlier and +10% from the quarter before.
Was Solventum profitable in the second quarter 2026?
Operating profit was $181M (8.2% of revenue) and net earnings $92.0M.
Source: Solventum 10-Q on SEC EDGAR.