Filing Flows › 3M (MMM) › Q2 2026 › vs Q2 2025
3M (MMM) Q2 2026 vs Q2 2025 (year over year)
3M's revenue rose $156M (+2%) from $6.3B in Q2 2025 to $6.5B in Q2 2026. Operating margin 15.1% against 18.0% (-2.8 pts).
3M, Q2 2026: revenue $6.5B (+2% year over year), operating margin 15.1%, net earnings $938M, operating cash flow $986M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 15.1% | 18.0% | -2.8 pts |
| Net margin | 14.4% | 11.4% | +3.0 pts |
| Free cash flow margin | 11.7% | -18.3% | +30.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $6.5B | $6.3B | $156M | +2% |
| Other income, net | $136M | −$170M | $306M | — |
| Operating profit | $984M | $1.1B | −$156M | -14% |
| Costs & expenses | $5.5B | $5.2B | $312M | +6% |
| Pre-tax earnings | $1.1B | $970M | $150M | +15% |
| Cost of revenue | $3.8B | $3.6B | $171M | +5% |
| SG&A | $1.1B | $1.3B | −$206M | -16% |
| Other operating costs | $638M | $291M | $347M | +119% |
| Net earnings | $938M | $725M | $213M | +29% |
| Income tax | $183M | $245M | −$62.0M | -25% |
| Depreciation & amortization | $335M | $290M | $45.0M | +16% |
| Share-based compensation | $41.0M | $44.0M | −$3.0M | -7% |
| Working capital & other | $328M | $2.0B | −$1.7B | -84% |
| Operating cash flow | $986M | −$954M | $1.9B | — |
| Free cash flow (OCF − capex) | $763M | −$1.2B | $1.9B | — |
| Capital expenditures | $223M | $208M | $15.0M | +7% |
Questions
How much did 3M's revenue grow year over year in Q2 2026?
3M's revenue rose $156M (+2%) from $6.3B in Q2 2025 to $6.5B in Q2 2026. Operating margin 15.1% against 18.0% (-2.8 pts).