| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 6.5K | 7.8% | 2.5% |
| Total Income | 6.5K | 7.8% | 2.5% |
| Expenditure | 5.5K | 19.1% | 6.0% |
| PBT | 1.1K | 27.6% | 21.3% |
| Net Profit | 933.00 | 42.9% | 29.1% |
| OPM | 15.14% | 8.03pp | 2.83pp |
| NPM | 14.35% | 3.52pp | 2.96pp |
| EPS | 1.79 | 45.5% | 32.6% |
3M Reports Q2 2026 Results; Increases Full-Year Guidance
21 Jul 2026 · 21 Jul, 4:11 pm
Summary
3M reported second-quarter 2026 results with GAAP sales of $6.5 billion, up 2.4% year-on-year, and adjusted sales of $6.5 billion, up 5.4% organically. Adjusted EPS grew 11% year-on-year to $2.40, and adjusted operating margin improved by 40 basis points to 24.9%. The company increased its full-year 2026 guidance, now expecting adjusted EPS between $8.80 and $8.95, reflecting strong first-half performance and continued momentum.
Key Highlights
- 1
3M reported Q2 GAAP sales of $6.5 billion, an increase of 2.4% year-on-year.
- 2
Adjusted sales for Q2 2026 were $6.5 billion, with organic growth of 5.4% year-on-year.
- 3
Q2 2026 adjusted EPS was $2.40, an increase of 11% year-on-year.
- 4
The company reported Q2 operating cash flow of $1.0 billion and adjusted free cash flow of $1.3 billion.
- 5
3M increased its full-year 2026 adjusted EPS guidance to a range of $8.80 to $8.95.
- 6
Adjusted operating income margin for Q2 2026 was 24.9%, up 40 basis points year-on-year.
Management Comments
William Brown
We delivered a strong second quarter, exceeding expectations with mid-single-digit sales growth, robust operating margins of about 25%, and double-digit EPS growth, reflecting the progress we’re making on our strategic priorities and building a higher-performing company. As a result of our strong first-half performance and continued momentum, we are increasing our full-year guidance and remain confident in our ability to create long-term value for shareholders. I want to thank the 3M team for their disciplined execution, dedication, and relentless focus on delivering innovative solutions for our customers.
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