Net Income

Net Income (NCI)

3M Net Income (NCI) decreased by 14.3% to $6.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $6.00M to $6.00M. Over 3 years (FY 2021 to FY 2024), Net Income (NCI) shows an upward trend with a 23.3% CAGR.

Analysis

StatementIncome Statement
SectionNet Income
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026Apr 21, 2026

How to read this metric

An increase suggests that the company's partially-owned subsidiaries are performing well, though it reduces the net income available to the parent company.

Detailed definition

This represents the portion of a subsidiary's net income that is attributable to minority shareholders who hold a noncon...

Peer comparison

Standard line item for companies with consolidated subsidiaries that are not 100% owned.

Metric ID: minority_interest

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$2.00M$2.00M$2.00M$4.00M$4.00M$4.00M$2.00M$5.00M$5.00M$4.00M$2.00M$5.00M$6.00M$4.00M$0.00$6.00M$2.00M$7.00M$6.00M
QoQ Change+0.0%+0.0%+100.0%+0.0%+0.0%-50.0%+150.0%+0.0%-20.0%-50.0%+150.0%+20.0%-33.3%-100.0%-66.7%+250.0%-14.3%
YoY Change+100.0%+100.0%+0.0%+25.0%+25.0%+0.0%+0.0%+0.0%+20.0%+0.0%-100.0%+20.0%-66.7%+75.0%+0.0%
Range$0.00$7.00M
CAGR+27.7%
Avg YoY Growth+13.2%
Median YoY Growth+0.0%

Net Income (NCI) at Other Companies

Frequently Asked Questions

What is 3M's net income (nci)?
3M (MMM) reported net income (nci) of $6.00M in Q1 2026.
How has 3M's net income (nci) changed year-over-year?
3M's net income (nci) decreased by 0.0% year-over-year, from $6.00M to $6.00M.
What is the long-term trend for 3M's net income (nci)?
Over 3 years (2021 to 2024), 3M's net income (nci) has grown at a 23.3% compound annual growth rate (CAGR), from $8.00M to $15.00M.
What does net income (nci) mean?
The share of a subsidiary's profits that belongs to minority owners rather than the parent company.