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How 3M (MMM) makes money

3M (MMM) made $6.6B of revenue in the third quarter 2026 (Q3 2026), +1% from a year earlier. Of every dollar of revenue, 24¢ was left as operating profit, 21¢ was left as net earnings.

Drawing the Sankey…

3M revenue by quarter3M revenue by quarter$6.0BQ1 2025$6.3BQ2 2025$6.5BQ3 2025$6.1BQ4 2025$6.0BQ1 2026$6.5BQ2 2026$6.6BQ3 2026
3M: where each dollar of revenue goes3M: where each dollar of revenue goesOperating profit24¢Income tax4¢Net earnings21¢Operating cash flow7¢Free cash flow3¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$6.6B100.0%
Operating profit$1.6B23.7%
Income tax$261M4.0%
Net earnings$1.4B20.9%
Operating cash flow$486M7.4%
Free cash flow$230M3.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$6.6B+1%
Q2 2026$6.5B+2%
Q1 2026$6.0B+1%
Q4 2025$6.1B+2%
Q3 2025$6.5B+4%
Q2 2025$6.3B+1%
Q1 2025$6.0B-1%

From 3M's 10-Q filed Oct 20, 2026 (on EDGAR).

Questions

How does 3M make money?

3M (MMM) made $6.6B of revenue in the third quarter 2026 (Q3 2026), +1% from a year earlier. Of every dollar of revenue, 24¢ was left as operating profit, 21¢ was left as net earnings.

What is 3M's profit margin?

Net earnings were $1.4B, 20.9% of revenue, in the third quarter 2026; the operating margin was 23.7%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.