| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 6.0K | 1.3% |
| Total Income | 6.0K | 1.3% |
| Expenditure | 4.6K | 1.6% |
| PBT | 878.00 | 36.6% |
| Net Profit | 653.00 | 41.5% |
| OPM | 23.17% | 2.24pp |
| NPM | 10.83% | 7.91pp |
| EPS | 1.23 | 40.0% |
3M Reports Q1 2026 Results: Sales of $6.0 Billion, Up 1.3%
21 Apr 2026 · 21 Apr, 4:04 pm
Summary
3M reported first-quarter 2026 results, with GAAP sales of $6.0 billion, up 1.3% year-over-year. The operating margin increased by 230 basis points to 23.2%. Adjusted EPS grew by 14% to $2.14. Management reiterated the full-year 2026 guidance, expressing confidence in achieving targets while remaining committed to their long-term strategy. The company also returned $2.4 billion to shareholders via dividends and share repurchases.
Key Highlights
- 1
3M reported Q1 GAAP sales of $6.0 billion, reflecting a 1.3% increase year-over-year.
- 2
The company's Q1 GAAP operating margin was 23.2%, up 230 basis points compared to the previous year.
- 3
Adjusted EPS for Q1 2026 was $2.14, representing a 14% increase year-over-year.
- 4
3M generated $0.6 billion in operating cash flow during Q1, with adjusted free cash flow reaching $0.5 billion.
- 5
The company reiterated its full-year 2026 guidance, indicating confidence in future performance.
- 6
Organic sales decreased by 1.4% year-over-year, while adjusted organic sales increased by 1.2% year-over-year.
- 7
3M returned $2.4 billion to shareholders through dividends and share repurchases.
Management Comments
William Brown
We are executing on 3M’s value creation framework to build a stronger company. Our focus remains on improving execution of the fundamentals and transforming the company by simplifying and standardizing our processes and footprint and reshaping the portfolio. Together, these actions will drive structurally higher growth and stronger margin performance, while improving enterprise resilience and predictability.
William Brown
We had a good start to the year, and despite operating in a volatile environment, we remain confident in achieving our 2026 guidance while staying committed to our long-term strategy - investing in growth, driving operational performance, and returning cash to shareholders.
Informational and educational content only. Not investment advice.