Quarterly ResultJul 21, 2026, 06:41 AM
3M Q2 Adjusted EPS $2.40; Raises Full-Year Guidance to $8.80-$8.95
AI Summary
3M reported strong second-quarter 2026 financial results, exceeding expectations with mid-single-digit sales growth and double-digit adjusted EPS growth. The company increased its full-year 2026 adjusted EPS guidance to $8.80-$8.95, reflecting confidence in continued momentum. Additionally, 3M announced several strategic initiatives, including partnerships with Microsoft and Airbus, and the launch of an AI digital assistant.
Key Highlights
- Increased full-year 2026 adjusted EPS guidance to $8.80-$8.95.
- Reported Q2 GAAP sales of $6.5 billion, up 2.4% year-over-year.
- Achieved Q2 adjusted EPS of $2.40, an 11% increase year-over-year.
- Q2 adjusted operating margin was 24.9%, up 40 basis points.
- Generated $1.0 billion in operating cash flow and $1.3 billion adjusted free cash flow.
- Formed strategic partnership with Microsoft for AI data center infrastructure.
- Signed long-term agreement with Airbus for A220 advanced insulation technologies.
- Launched "Ask 3M," an AI digital assistant powered by AWS.
Price Impact
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