SOLV · 8-K · 20260805PR000045
Income Tax Rate Changes
Solventum Corp · 2026-08-05 · Importance 45 · Surprise 64 · No source text
The second-quarter effective tax rate increased to 14.4% from 12.5%, while income-tax expense rose to $15 million from $13 million. For the first six months, the effective tax rate was 15.0%, compared with a negative 61.0% rate in the prior-year period. Six-month tax provision changed to $19 million from an $86 million tax benefit, contributing to the 53.7% decline in net income to $105 million.
Key facts
- Provision for (benefit from) income taxes for six months ended June 30, 2026: $19 million (versus benefit of $(86) million in prior year) source
- Effective tax rate (GAAP) for Q2 2026: 14.4% (Three months ended June 30, 2026 Non-GAAP table shows GAAP effective tax rate 14.4%) source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -4.8% | Provision for (benefit from) income taxes for six months ended June 30, 2026: $19 million (versus benefit of $(86) million in prior year) |