SOLV Q3 2023 Earnings — Solventum Corporation Revenue & Financial Results | Market Cap Arena

SOLVSolventum Corporation

$12B

Q3 2023 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$2.1B+3.2% YoY

Gross Profit

$1.2B58.3% margin

Operating Income

$504M24.3% margin

Net Income

$460M22.2% margin

EPS (Diluted)

$2.66

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$493M

Free Cash Flow

$427M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$13.9B

Total Liabilities

$10.6B

Stockholders' Equity

$3.3B

Cash & Equivalents

$500M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$2.0B	+3.2%
Gross Profit	$1.2B	$1.1B	+5.2%
Operating Income	$504M	$423M	+19.1%
Net Income	$460M	$335M	+37.3%