3M Company: Mixed — EPS $2.50, Revenue $6.6B
Mixed ResultQ3 2026 · Pre-market
@trystockwhiz
Did 3M Company (MMM) beat earnings today?
It was a mixed report for Q3 2026 — 3M Company (MMM) beat on EPS but missed on revenue.
Earnings Per Share+5.04% surprise
$2.50Actual
Expected: $2.38
vs. year ago +12.0%
Total Revenue-0.15% surprise
$6.6BActual
Expected: $6.61B
vs. year ago +1.0%
Released Oct 20 · 6:30 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $6.60B | - | +1.0 |
| GAAP EPS | $2.63 | $1.55 | +70.0 |
| Adjusted EPS | $2.50 | $2.23 | +12.0 |
Financial Outlook / Guidance
| Metric | Next Quarter Outlook | FY 2026 Outlook |
|---|---|---|
| Adjusted total sales growth | — | >4.5% |
| Adjusted organic sales growth | — | >3.5% |
| Adjusted EPS | — | $9.10 to $9.15 |
| Adjusted operating cash flow | — | ~$5.9 billion |
| Adjusted free cash flow | — | ~$4.8 billion |
Business Highlights
- ➤Expanded Amazon relationship to scale optical connectivity and other data-center products.
- ➤Issued Amazon a warrant for up to 3.2 million shares tied to sales and milestones.
- ➤Collaborated with GSEO on Expanded Beam Optics technology development and manufacturing.
- ➤Investing to acquire approximately 4.7% of GSEO common shares.
- ➤Introduced Cooling Film technology for fleet and rail thermal-management applications.
- ➤Showcased materials-science collaboration with PING for golf-equipment engineering solutions.
- ➤Established a joint innovation laboratory with BOE for next-generation display technologies.
- ➤Won government awards supporting defense, health care and emergency-response needs.
- ➤Returned $0.6 billion to shareholders through dividends and share repurchases.
Management Commentary
William Brown, 3M Chairman and CEO
“We delivered another quarter of strong results, including solid sales growth, continued margin expansion, double-digit EPS growth, and robust free cash flow. Improving productivity through structural transformation and a stronger pipeline of differentiated technologies reinforce our confidence in the full-year outlook and long-term growth and margin potential. I want to thank the 3M team for their focus on customers and disciplined execution, which continues to strengthen our performance and create shareholder value.”