Solventum Corporation stock research
FY2025 Q4
Solventum (SOLV) Gross Margin — Quarter Ended Dec 31, 2025
In the current quarter, revenue was lower while cost of revenue was slightly higher compared to both the prior quarter and the same quarter last year, resulting in a lower gross profit and a weakened gross margin. The decline in gross margin reflects a combination of reduced revenue and increased cost of revenue.
Gross margin takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
In the current quarter, revenue was lower while cost of revenue was slightly higher compared to both the prior quarter and the same quarter last year, resulting in a lower gross profit and a weakened gross margin. The decline in gross margin reflects a combination of reduced revenue and increased cost of revenue.
- The most notable observable factor in the margin movement was the decrease in revenue relative to the increase in cost of revenue.
- Compared to the immediate prior quarter, gross margin was lower; compared to the same quarter one year ago, gross margin was also lower. Revenue and gross profit were lower in both comparisons, while cost of revenue was higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
51.4%
Gross profit
$1.0B
Revenue
$2.0B
Cost of revenue
$971.0M
Quarter-over-quarter change
-2.7 pts
Year-over-year change
-2.5 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Mar 31, 2025 | $2.1B | $1.1B | $956.0M | 53.8% |
| Jun 30, 2025 | $2.2B | $1.2B | $986.0M | 54.4% |
| Sep 30, 2025 | $2.1B | $1.1B | $961.0M | 54.2% |
| Dec 31, 2025 | $2.0B | $1.0B | $971.0M | 51.4% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2025
-2.7 pts
Year-over-year change
Dec 31, 2024
-2.5 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The most notable observable factor in the margin movement was the decrease in revenue relative to the increase in cost of revenue.
Compared to the immediate prior quarter, gross margin was lower; compared to the same quarter one year ago, gross margin was also lower. Revenue and gross profit were lower in both comparisons, while cost of revenue was higher.
Monitor the trajectory of cost of revenue relative to revenue in upcoming periods.