SOLV Q1 2024 Earnings — Solventum Corporation Revenue & Financial Results | Market Cap Arena

SOLVSolventum Corporation

$12B

Q1 2024 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$2.0B+0.2% YoY

Gross Profit

$1.2B58.1% margin

Operating Income

$381M18.9% margin

Net Income

$237M11.8% margin

EPS (Diluted)

$1.37

QoQ Revenue Growth

-1.0%

Cash Flow

Operating Cash Flow

$442M

Free Cash Flow

$340M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$14.7B

Total Liabilities

$10.9B

Stockholders' Equity

$3.9B

Cash & Equivalents

$996M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$2.0B	+0.2%
Gross Profit	$1.2B	$1.1B	+3.1%
Operating Income	$381M	$365M	+4.4%
Net Income	$237M	$293M	-19.1%

Revenue Segments

Product

$1.6B100%