solv: the income statement

MyFinsight

For the quarter ending 2025-09-30, SOLV made $2,096M in revenue. $1,266M in net income. Net profit margin of 60.40%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total net sales	2,096	2,161	2,070	2,082
Cost of sales-Product	847	865	835	793
Cost of sales-Sales Of Software And Rentals	-	-	-	124
Cost of sales-Cost Of Software And Rentals	114	121	121	-
Gross profit	1,135	1,175	1,114	1,165
Selling, general and administrative expenses	780	772	769	701
Research and development expenses	183	189	193	189
Gain on sale of business	1,518	-	-	-
Operating income	1,690	214	152	275
Interest expense, net	-89	-103	-104	-107
Loss on debt extinguishment, net	-82	-	-	-
Other expense (income), net	-5	-8	-11	-1
Income before income taxes	1,514	103	38	167
Provision for (benefit from) income taxes	248	13	-99	45
Net income	1,266	90	137	122

Basic (in shares)	174,300,000	174,100,000	173,700,000	173,400,000
Basic earnings per share (in dollars per share)	7.26	0.52	0.79	0.7
Diluted (in shares)	175,400,000	175,200,000	174,800,000	173,900,000
Diluted earnings per share (in dollars per share)	7.22	0.51	0.78	0.7