Solventum (SOLV) Q2 FY2026 earnings: revenue $2.2 billion, up 2.2% on the year
Solventum Corp. (SOLV) reported revenue of $2.2 billion for Q2 FY2026, the quarter ended 30 June 2026, up 2.2% on the same quarter a year earlier. Net income was $92 million, up 2.2% on the year, and diluted earnings per share $0.53. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.
Revenue
$2.2 billion
+2.2% on the year · +10.1% on the quarter
Q3 FY2024Q2 FY2026
Operating margin
8.2%
9.9% a year earlier
Q3 FY2024Q2 FY2026
Net income
$92 million
+2.2% on the year · +607.7% on the quarter
Q3 FY2024Q2 FY2026
Diluted EPS
$0.53
+3.9% on the year · +657.1% on the quarter
Q3 FY2024Q2 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 3 raised.
Reported sales up 2.2%: Net sales were $2,209 million, up 2.2% reported and 9.5% organic from $2,161 million. Divestitures lowered reported growth by 8.3 points, mainly from the sold Purification and Filtration business. Currency added 1.0 point.
Organic growth led by volume and mix: Management said growth in all reportable segments was mainly volume and product mix, including an expected benefit from advance orders placed before ERP cutovers.
Adjusted EPS up 50.9%: Adjusted diluted EPS was $2.55 against $1.69, up 50.9%. GAAP diluted EPS was $0.53 against $0.51, up 3.9%.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q2 FY2026
Q1 FY2026
Q2 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
227
-189
169
+34.3%
Capital expenditure
83.0
84.0
110
-1.2%
-24.5%
Free cash flow
144
-273
59.0
+144.1%
Free cash flow margin
6.5%
-13.6%
2.7%
Cash from investing
-87.0
-77.0
-110
Cash from financing
-300
-50.0
-110
Depreciation and amortisation
126
135
116
-6.7%
+8.6%
Share-based compensation
38.0
51.0
34.0
-25.5%
+11.8%
Buybacks
288
67.0
0.0
+329.9%
Diluted shares, weighted
173m
176m
175m
-1.3%
-1.1%
Shares outstanding at period end
170m
174m
173m
-2.0%
-1.9%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q2 FY2026
Q1 FY2026
Q2 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
4,800
4,969
3,645
-3.4%
+31.7%
Debt
5,079
5,080
7,815
-0.0%
-35.0%
Finance lease liabilities
207
207
n/a
0.0%
Other liabilities
4,157
3,841
3,614
+8.2%
+15.0%
Total liabilities and equity
14,243
14,097
15,074
+1.0%
-5.5%
Fixed assets
n/a
n/a
1,313
Goodwill
5,626
5,626
5,274
0.0%
+6.7%
Intangible assets
2,408
2,497
2,302
-3.6%
+4.6%
Cash and equivalents
403
561
492
-28.2%
-18.1%
Receivables
1,310
1,059
1,065
+23.7%
+23.0%
Inventory
1,040
1,089
962
-4.5%
+8.1%
Other assets
3,456
3,265
3,666
+5.8%
-5.7%
Total assets
14,243
14,097
15,074
+1.0%
-5.5%
Questions
What was Solventum's revenue in Q2 FY2026?
Solventum (SOLV) reported revenue of $2.2 billion for Q2 FY2026, the quarter ended 30 June 2026, up 2.2% on the same quarter a year earlier.
How much did Solventum earn in Q2 FY2026?
Net income for Q2 FY2026 was $92 million, up 2.2% on the year, and diluted earnings per share $0.53.
When did Solventum report Q2 FY2026 results?
Solventum filed its 10-Q for the quarter ended 30 June 2026 with the SEC on 5 August 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 30 June 2026, filed 5 August 2026: the filing.