SOLV · 8-K · 20261105PR000055

Operating Margin Drivers

Solventum Corp · 2026-11-05 · Importance 71 · Surprise 64 · No source text

Third-quarter GAAP operating margin was 3.5%, down from 80.6%, while adjusted operating margin declined 70 basis points to 19.9%. The GAAP comparison reflected the prior-year $1.518 billion gain on the Purification and Filtration business sale and higher current-year restructuring costs. Adjusted margin was pressured by the expected reversal of Q2 advance orders before the Q3 ERP cutover; nine-month adjusted operating margin increased 210 basis points to 22.8%.

Key facts

• Q3 2026 operating income margin was 3.5%, down 7,710 basis points year over year; the nine-month margin was 5.3%, down 2,720 basis points. source
• Q3 2026 adjusted operating margin decreased primarily due to the expected impact of Q2 2026 advance orders placed ahead of the Q3 ERP cutover. source
• Q3 2026 adjusted operating income margin was 19.9%, down 70 basis points year over year; the nine-month margin was 22.8%, up 210 basis points. source
• Q3 2026 GAAP operating margin decreased primarily because of the prior-year gain on sale of the Purification and Filtration business and higher current-year restructuring costs. source

Impact estimates