Filing Flows › 3M (MMM) › Q4 2025
3M (MMM) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 3, 2026
3M (MMM) reported revenue of $6.1B for the fourth quarter 2025 (Q4 2025), +2% from a year earlier and -6% from the quarter before. Operating margin was 13.0%, net earnings $577M (9.4% of revenue).
3M, Q4 2025: revenue $6.1B (+2% year over year), operating margin 13.0%, net earnings $577M, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.1B | -6% | +2% |
| Operating profit | $796M | -45% | -27% |
| Net earnings | $577M | -31% | -21% |
| Operating cash flow | $1.6B | -10% | -13% |
| Free cash flow | $1.3B | -13% | -13% |
What changed
Revenue was $6.1B in Q4 2025, up 2% year over year and down 6% from the previous quarter.
Operating profit was $0.80B, a 13.0% margin (down 5.1 points year over year). Operating profit fell $0.29B even though revenue rose $0.12B versus a year earlier, so costs grew faster than sales. Total costs grew 8% against revenue growth of 2%. Net earnings were $0.58B, down 21% year over year. The effective tax rate was 24.4%.
Operating cash flow was $1.6B (down 13% year over year), 276% of net earnings. Non-cash charges added back $0.43B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items added $0.54B. Capital expenditures of $0.25B left free cash flow of $1.3B.
Questions
What was 3M's revenue in the fourth quarter 2025?
3M (MMM) reported revenue of $6.1B for the fourth quarter 2025 (Q4 2025), +2% from a year earlier and -6% from the quarter before.
Was 3M profitable in the fourth quarter 2025?
Operating profit was $796M (13.0% of revenue) and net earnings $577M.
Source: 3M 10-K on SEC EDGAR.