SOLV Q1 2023 Earnings — Solventum Corporation Revenue & Financial Results | Market Cap Arena

SOLVSolventum Corporation

$12B

Q1 2023 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$2.0B-2.3% YoY

Gross Profit

$1.1B56.5% margin

Operating Income

$365M18.2% margin

Net Income

$293M14.6% margin

EPS (Diluted)

$1.70

QoQ Revenue Growth

+2.1%

Cash Flow

Operating Cash Flow

$509M

Free Cash Flow

$444M

Stock-Based Comp.

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$2.1B	-2.3%
Gross Profit	$1.1B	$1.2B	-6.7%
Operating Income	$365M	$443M	-17.5%
Net Income	$293M	$351M	-16.4%