Quarterly ResultMay 5, 2026, 05:32 PM
Solventum Q1 Net Income $13M, down 90.5%; EPS $0.07
AI Summary
Solventum reported a significant decline in its first-quarter 2026 financial results, with net income falling to $13 million from $137 million year-over-year, and diluted EPS dropping to $0.07 from $0.78. Total net sales decreased by 3.04% to $2,007 million. The company also reported negative cash flow from operating activities of $189 million and repurchased $67 million in common stock.
Key Highlights
- Net income for Q1 2026 decreased 90.5% to $13 million from $137 million year-over-year.
- Diluted EPS for Q1 2026 fell 91.0% to $0.07 from $0.78 in the prior year period.
- Total net sales for Q1 2026 decreased 3.04% to $2,007 million from $2,070 million.
- Operating income for Q1 2026 was $81 million, a 46.7% decrease from $152 million.
- Net cash used in operating activities was $189 million, compared to $29 million provided in Q1 2025.
- Solventum repurchased 922,636 shares for $67 million under its $1 billion share repurchase program.
- Commenced a finance lease for its principal office, adding $207 million in right-of-use assets.
Price Impact
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