Solventum Reports Third Quarter 2026 Financial Results
PR Newswire•05/11/2026•16:05 ET
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Key Highlights
- ➤Q3 sales $1.949 billion, down 7.0% reported and 2.8% organically
- ➤Adjusted diluted EPS $1.45, down 3.6% year over year
- ➤Raised full-year adjusted EPS guidance to $7.20-$7.30 from $7.10-$7.20
- ➤Full-year organic sales growth expected toward high end of 2.5%-3.0% range
- ➤ERP cutovers complete; approximately 90% of 3M transition service agreements exited
Expert Statements
Bryan Hanson, Chief executive officer of Solventum
“Solventum delivered third quarter results ahead of our expectations, with every segment contributing, even as we completed our largest ERP cutover; we expect to be near the top end of our full-year organic sales growth range and are raising our full-year adjusted earnings per share outlook”
Bryan Hanson, Chief executive officer of Solventum
“With separation now more than 90% complete and our growth drivers gaining momentum, we are well positioned to accelerate sales growth and expand margins. We have differentiated innovation, a strong pipeline of new products and a significant opportunity to expand penetration of our existing brands with customers we already serve.”
Solventum Reports Third Quarter 2026 Financial Results PR Newswire
* Reported sales decreased 7.0%; organic sales decreased 2.8%, reflecting the expected 630 basis point (bps) impact of prior quarter advance orders placed ahead of the planned ERP system cutover during the current quarter * Expects full-year organic sales growth toward the high end of +2.5% to +3.0% range * Increases full-year adjusted EPS guidance to $7.20 to $7.30 EAGAN, Minn., Nov. 5, 2026 /PRNewswire/ -- Solventum (NYSE: SOLV) today reported financial results for the third quarter ended September 30, 2026.
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