SOLV Q2 2023 Earnings — Solventum Corporation Revenue & Financial Results | Market Cap Arena

SOLVSolventum Corporation

$12B

Q2 2023 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$2.1B+0.9% YoY

Gross Profit

$1.2B57.3% margin

Operating Income

$417M20.1% margin

Net Income

$321M15.5% margin

EPS (Diluted)

$1.86

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$366M

Free Cash Flow

$295M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$13.6B

Total Liabilities

$1.9B

Stockholders' Equity

$11.7B

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$2.1B	+0.9%
Gross Profit	$1.2B	$1.2B	-2.4%
Operating Income	$417M	$443M	-5.8%
Net Income	$321M	$351M	-8.4%