Filing Flows › Solventum (SOLV) › Q3 2026
Solventum (SOLV) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Solventum (SOLV) reported revenue of $1.9B for the third quarter 2026 (Q3 2026), -7% from a year earlier and -12% from the quarter before. Operating margin was 3.5%, net loss $12.0M (0.6% of revenue).
Solventum, Q3 2026: revenue $1.9B (-7% year over year), operating margin 3.5%, net loss $12.0M, operating cash flow $177M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | -12% | -7% |
| Operating profit | $68.0M | -62% | — |
| Net earnings | −$12.0M | -113% | — |
| Operating cash flow | $177M | -22% | +133% |
| Free cash flow | $97.0M | — | — |
What changed
Revenue was $1.9B in Q3 2026, down 7% year over year and down 12% from the previous quarter. Product was the largest line at 73% of revenue. Product lost $0.16B year over year (down 10%), 111% of the total change.
Gross margin was 54.5%, up 0.3 points from a year earlier. Operating profit was $0.07B, a 3.5% margin (down 77.1 points year over year). The quarter ended with a net loss of $0.01B, after a profit of $0.09B the previous quarter. Net interest and other expense of $0.08B was the main reason.
Operating cash flow was $0.18B (up 133% year over year). Non-cash charges added back $0.14B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items added $0.01B. After purchases of property, plant and equipment ($0.08B), free cash flow as the company reports it was $0.10B.
Questions
What was Solventum's revenue in the third quarter 2026?
Solventum (SOLV) reported revenue of $1.9B for the third quarter 2026 (Q3 2026), -7% from a year earlier and -12% from the quarter before.
Was Solventum profitable in the third quarter 2026?
Operating profit was $68.0M (3.5% of revenue) and net loss $12.0M.
Source: Solventum 10-Q on SEC EDGAR.