3M Company (MMM) Q3 2026 Earnings
How Did MMM Stock React to Q3 2026 Earnings?
Did MMM Beat Earnings? Q3 2026 Results
Yes. 3M Company reported Q3 2026 earnings of $2.50 a share on Oct 20, 2026, beating the $2.39 consensus estimate by 4.7%. Revenue was $6.6B against a $6.6B estimate.
3M posted a solid third quarter, beating Wall Street's earnings expectations for the sixth consecutive quarter while revenue came in fractionally light. The industrial conglomerate reported adjusted EPS of $2.50, clearing the $2.39 consensus estimate by 4.70%, as disciplined cost management and strength in its Safety and Industrial segment, where sales surged 9.1% and operating income climbed to $960 million from $792 million a year ago, more than offset softer results in Consumer and Transportation and Electronics. Net sales of $6.58 billion grew 1.0% year over year, edging just 0.39% below analyst expectations, though organic growth of 3.3% after excluding PFAS products painted a healthier underlying picture. Strategic momentum also drew attention, with an expanded data center partnership with Amazon tied to $6 billion in cumulative sales adding a forward-looking dimension to the quarter. Looking ahead, 3M raised its full-year 2026 adjusted EPS guidance to $9.10 to $9.15, with adjusted total sales growth now expected to exceed 4.5% and adjusted free cash flow projected at approximately $4.80 billion.
- Adjusted organic sales growth of 3.3% year-over-year
- Safety and Industrial segment delivered 7.0% organic sales growth and 9.1% total sales growth
- Adjusted operating income margin expanded 110 basis points to 26.2%
- Productivity improvements through structural transformation program
- Madison Fire & Rescue acquisition contributing to Safety and Industrial growth
“We delivered another quarter of strong results, including solid sales growth, continued margin expansion, double-digit EPS growth, and robust free cash flow.”
3M Company CEO, on the earnings call
What Is 3M Company's Outlook?
3M raised its full-year 2026 guidance: adjusted EPS of $9.10 to $9.15, adjusted total sales growth of greater than 4.5% (reflecting adjusted organic sales growth of greater than 3.5%), adjusted operating income margin of approximately 24.6%, adjusted effective tax rate of approximately 20%, adjusted operating cash flow of approximately $5.9 billion, and adjusted free cash flow of approximately $4.8 billion. Updated guidance incorporates year-to-date performance, the acquisition of Madison Fire & Rescue, and the new non-GAAP treatment of intangible asset amortization.
MMM YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $6.6B | $6.5B | +1.0% |
| Gross Profit | $2.8B | $2.7B | +2.1% |
| Operating Income | $1.6B | $1.4B | +7.7% |
| Net Income | $1.4B | $834.0M | +64.6% |
MMM Revenue by Segment
When Does 3M Company Report Next?
Figures from SEC filings and company reports. Not investment advice.