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3M MMM Q2 2026 earnings

Reported July 21, 2026 · Before market open

Revenue$6.5BBeat by $101.9M
EPS$2.40Beat by $0.15
Revenue estimate$6.4B
EPS estimate$2.25
“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.”
William Brown

Next report

Oct 20, 2026 (In 2 weeks)
Revenue estimate$6.6B
EPS estimate$2.39

Financials

Q2 2026

Income statement

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Revenue$6.5B+2.5%
Gross profit$2.7B-0.6%
Operating income$984.0M-13.7%
Net income$933.0M+29.0%
EPS (diluted)$1.78+32.8%

Balance sheet

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Cash & equivalents$3.0B-20.4%
Total debt$13.2B+0.8%
Total equity$3.0B-31.2%
Total assets$34.9B-8.1%

Cash flow

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Operating cash flow$986.0M+203%
CapEx$223.0M+7.2%
Free cash flow$763.0M+166%

Valuation & ratios

Valuation

as of 10/02/26
See full
Market cap$84.07B-0.6%
Enterprise value$94.28B+2.1%
P/E28.1×+3.2×
P/S3.3×-0.1×

Profitability

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Gross margin39.4%-1.6pp
Operating margin18.4%-1.1pp
Net margin11.9%-4.1pp
FCF margin15.8%+11.8pp

Returns & leverage

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Return on equity82.8%-13.2pp
Debt / equity4.5×+1.4×
Current ratio1.2×-0.5×

Segments

By product

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Personal Safety$965.0M+9.4%
Commercial Branding and Transportation$737.0M+7.0%
Electronics$682.0M+7.7%
Industrial Adhesives and Tapes$642.0M+13.0%
Automotive and Aerospace$485.0M+2.3%

By segment

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Safety and Industrial$3.1B+8.2%
Transportation and Electronics$2.1B+6.3%
Consumer$1.2B-1.8%

By geography

See full
United States$2.8B—

FAQ

When did 3M report Q2 2026 earnings?
3M (MMM) reported Q2 2026 earnings on July 21, 2026 before market open.
What were 3M's Q2 2026 revenue and EPS?
3M reported revenue of $6.5B and eps of $2.40 for Q2 2026.
Did 3M beat estimates in Q2 2026?
Revenue beat the consensus estimate of $6.4B by $101.9M. EPS beat the consensus estimate of $2.25 by $0.15.
How did 3M's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 2.5% from $6.3B a year earlier and eps grew 11.1% from $2.16.
Where can I find 3M's Q2 2026 SEC filings?
You can read the 8-K earnings release (0000066740-26-000242) and the 10-Q periodic report (0000066740-26-000246) directly on SEC EDGAR. The filing index links above go to sec.gov.