Solventum Q4 FY25: where the revenue came from and where it went
The whole income statement of Solventum for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 27, 2026
Revenue$2.00B
−4% year over year
Gross profit$1.03B
51% margin
Operating profit$0.13B
6% margin
Net profit$0.06B
3% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.00 | 100% | −4% |
| Product | 1.49 | 75% | −6% |
| Cost of software & rentals | 0.51 | 25% | +3% |
| Cost of revenue | −0.97 | 49% | |
| Gross profit | 1.03 | 51% margin | −3pp |
| R&D | −0.17 | 9% | −1pp |
| SG&A | −0.73 | 36% | +0pp |
| Operating profit | 0.13 | 6% margin | +0pp |
| Interest & other costs | −0.06 | ||
| Net profit | 0.06 | 3% margin | +2pp |
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