| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 6.6K | 1.3% | 1.0% |
| Total Income | 6.6K | 1.3% | 1.0% |
| Expenditure | 5.0K | 8.9% | 0.9% |
| PBT | 1.7K | 49.1% | 45.6% |
| Net Profit | 1.4K | 47.2% | 64.6% |
| OPM | 23.66% | 8.53pp | 1.46pp |
| NPM | 20.85% | 6.50pp | 8.06pp |
| EPS | 2.65 | 48.0% | 69.9% |
3M Reports Q3 2026 Results; Raises Full-Year EPS Guidance
20 Oct 2026 · 1d ago, 4:16 pm
Summary
3M reported strong third-quarter results, with GAAP sales reaching $6.6 billion, up 1.0% year-over-year, and GAAP EPS surging 70% to $2.63. The company also saw significant margin expansion, with operating margin at 23.7% and adjusted operating margin at 26.2%. Management expressed confidence in the full-year outlook, raising adjusted EPS guidance to $9.10-$9.15, driven by solid sales growth, continued margin expansion, and robust free cash flow.
Key Highlights
- 1
3M reported Q3 GAAP sales of $6.6 billion, an increase of 1.0% year-over-year.
- 2
The company achieved a Q3 operating margin of 23.7%, up 150 basis points compared to the prior year.
- 3
Q3 GAAP Earnings Per Share (EPS) was $2.63, a significant increase of 70% year-over-year.
- 4
Adjusted EPS for Q3 was $2.50, representing a 12% increase year-over-year on a new basis.
- 5
Adjusted operating income margin improved to 26.2% on a new basis, up 110 basis points year-over-year.
- 6
3M raised its full-year 2026 adjusted EPS guidance to a range of $9.10 to $9.15.
- 7
Q3 operating cash flow was $0.5 billion, with adjusted free cash flow of $1.2 billion.
Management Comments
William Brown
We delivered another quarter of strong results, including solid sales growth, continued margin expansion, double-digit EPS growth, and robust free cash flow. Improving productivity through structural transformation and a stronger pipeline of differentiated technologies reinforce our confidence in the full-year outlook and long-term growth and margin potential. I want to thank the 3M team for their focus on customers and disciplined execution, which continues to strengthen our performance and create shareholder value.
Informational and educational content only. Not investment advice.