Filing Flows › 3M (MMM) › Operating margin
3M (MMM) operating margin by quarter
3M's operating margin was 23.7% in Q3 2026 (third quarter 2026), +8.5 pts from Q2 2026. Over the last 7 quarters it ranged from 13.0% (Q4 2025) to 23.7% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 23.7% | +8.5 pts | +1.5 pts |
| Q2 2026 | 15.1% | -8.0 pts | -2.8 pts |
| Q1 2026 | 23.2% | +10.2 pts | +2.2 pts |
| Q4 2025 | 13.0% | -9.2 pts | — |
| Q3 2025 | 22.2% | +4.2 pts | — |
| Q2 2025 | 18.0% | -3.0 pts | — |
| Q1 2025 | 20.9% | — | — |
Q3 2026 at a glance
3M, Q3 2026: revenue $6.6B (+1% year over year), operating margin 23.7%, net earnings $1.4B, operating cash flow $486M. The chart follows the revenue to costs, profit and cash.
Questions
What is 3M's operating margin?
3M's operating margin was 23.7% in Q3 2026 (third quarter 2026), +8.5 pts from Q2 2026.
How has 3M's operating margin changed?
Over the last 7 quarters it ranged from 13.0% (Q4 2025) to 23.7% (Q3 2026).