Filing Flows › 3M (MMM) › Q3 2025
3M (MMM) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 21, 2025
3M (MMM) reported revenue of $6.5B for the third quarter 2025 (Q3 2025), +4% from a year earlier and +3% from the quarter before. Operating margin was 22.2%, net earnings $834M (12.8% of revenue).
3M, Q3 2025: revenue $6.5B (+4% year over year), operating margin 22.2%, net earnings $834M, operating cash flow $1.8B. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.5B | +3% | +4% |
| Operating profit | $1.4B | +27% | +10% |
| Net earnings | $834M | +15% | -39% |
| Operating cash flow | $1.8B | — | — |
| Free cash flow | $1.5B | — | — |
What changed
Revenue was $6.5B in Q3 2025, up 4% year over year and up 3% from the previous quarter.
Operating profit was $1.4B, a 22.2% margin (up 1.3 points year over year). Of the extra revenue versus a year earlier, 59% reached operating profit, above the 21% margin then. Total costs grew 2% against revenue growth of 4%. The fastest-growing cost line was Other operating costs (+70%). Net earnings were $0.83B, down 39% year over year. The effective tax rate was 26.9%.
Operating cash flow was $1.8B, 209% of net earnings. Non-cash charges added back $0.30B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items added $0.56B. Capital expenditures of $0.22B left free cash flow of $1.5B.
Questions
What was 3M's revenue in the third quarter 2025?
3M (MMM) reported revenue of $6.5B for the third quarter 2025 (Q3 2025), +4% from a year earlier and +3% from the quarter before.
Was 3M profitable in the third quarter 2025?
Operating profit was $1.4B (22.2% of revenue) and net earnings $834M.
Source: 3M 10-Q on SEC EDGAR.