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3M (MMM) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 20, 2026

3M (MMM) reported revenue of $6.6B for the third quarter 2026 (Q3 2026), +1% from a year earlier and +1% from the quarter before. Operating margin was 23.7%, net earnings $1.4B (20.9% of revenue).

Revenue$6.6B
Year over year+1%
Quarter over quarter+1%
Operating margin23.7%
Net earnings$1.4B

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.

Q3 2026AmountQ/QY/Y
Revenue$6.6B+1%+1%
Operating profit$1.6B+58%+8%
Net earnings$1.4B+47%+65%
Operating cash flow$486M-51%-72%
Free cash flow$230M-70%-85%

What changed

Revenue was $6.6B in Q3 2026, up 1% year over year and up 1% from the previous quarter.

Operating profit was $1.6B, a 23.7% margin (up 1.5 points year over year). Of the extra revenue versus Q3 2025, 166% reached operating profit, above the 22% margin then. Total costs fell 1% while revenue rose 1%. The fastest-growing cost line was SG&A (+12%). Net earnings were $1.4B, up 65% year over year. The effective tax rate was 15.6%.

Operating cash flow was $0.49B (down 72% year over year), 34% of net income including minority interests. Non-cash charges added back $0.34B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items used $1.3B. Capital expenditures of $0.26B left free cash flow of $0.23B.

Questions

What was 3M's revenue in the third quarter 2026?

3M (MMM) reported revenue of $6.6B for the third quarter 2026 (Q3 2026), +1% from a year earlier and +1% from the quarter before.

Was 3M profitable in the third quarter 2026?

Operating profit was $1.6B (23.7% of revenue) and net earnings $1.4B.

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Source: 3M 10-Q on SEC EDGAR.