Solventum (NYSE:SOLV) beats Q3 2026 sales expectations

SOLV Energy reported Q3 2026 revenue of $1.24B, up 65% YoY, and raised full-year guidance. Net income rose 75% to $123M, but margins compressed. The company's backlog reached $9.2B, and it acquired ASB Energy Services for $45M. Shares fell 1.02% to $27.30 despite strong results.

SOLV Energy reported Q3 2026 revenue of $1.24B, up 65% YoY, with net income of $123M. Adjusted EBITDA was $173M, and gross margin was 17.8%. The company raised its 2026 guidance for revenue, adjusted gross profit, and adjusted EBITDA. Growth was driven by new construction and existing infrastructure revenue. SOLV completed its acquisition of ASB Energy Services in October 2026.

Solventum (SOLV) shares rose 5% after reporting Q3 2026 revenue of $1.95B and EPS of $1.45, and raising full-year EPS guidance to $7.20-$7.30. The company completed ERP cutovers and exited 90% of transition agreements with 3M. Shares cooled to $91.19, up 4.6% from the previous close.

Solventum reported Q3 sales of $1.9B, with mixed performance across segments. Gross margin rose to 57.1%, while operating margin fell to 19.9%. The company raised its full-year earnings outlook to $7.20-$7.30 per share and expects high-end organic sales growth. It also announced plans to separate its Health Information Systems business and renegotiated a raw material supply agreement with 3M.

Solventum Corporation (SOLV) reported Q3 earnings, highlighting strong execution despite ERP transition challenges. Sales were $1.95B, down 7% YoY, but organic growth was ~4% excluding ERP timing reversals. Gross margin rose to 57.1%, and full-year EPS guidance was raised to $7.20-$7.30. The 3M separation is 90% complete, with margin expansion and cost savings driving growth.

Solventum (SOLV) shares rose 5% after reporting Q3 2026 revenue of $1.95B, EPS of $1.45, and raising full-year EPS guidance to $7.20-$7.30. The company completed ERP cutovers and exited 90% of transition agreements with 3M. Shares closed at $91.19, up 4.6%.