Solventum Corp
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
SOLV$90.08-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
| Year ended December 31, | |||
|---|---|---|---|
| (Millions, except per share data) | 2025 | 2024 | 2023 |
| Net sales of product | $6,349 | $6,348 | $6,296 |
| Net sales of software and rentals | 1,976 | 1,906 | 1,901 |
| Total net sales | 8,325 | 8,254 | 8,197 |
| Cost of product | 3,402 | 3,172 | 3,023 |
| Cost of software and rentals | 472 | 489 | 481 |
| Gross profit | 4,451 | 4,593 | 4,693 |
| Selling, general and administrative expenses | 3,080 | 2,782 | 2,299 |
| Research and development expenses | 739 | 775 | 758 |
| Gain on sale of business | (1,549) | — | (56) |
| Operating income | 2,181 | 1,036 | 1,692 |
| Interest expense, net | 347 | 367 | — |
| Loss on debt extinguishment, net | 82 | — | — |
| Other expense (income), net | 39 | 64 | 25 |
| Income before income taxes | 1,713 | 605 | 1,667 |
| Provision for income taxes | 157 | 127 | 321 |
| Net income | $1,556 | $479 | $1,346 |
| Earnings per share: | |||
| Basic earnings per share | $8.94 | $2.77 | $7.79 |
| Diluted earnings per share | 8.88 | 2.76 | 7.79 |
| Weighted-average number of shares outstanding: | |||
| Basic | 174.1 | 173.2 | 172.7 |
| Diluted | 175.3 | 173.7 | 172.7 |
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