3M Reports Q3 2026 Earnings with Strong Performance and Raised Guidance
In its third-quarter earnings call for fiscal year 2026, 3M (MMM) reported adjusted earnings per share of $2.50, a 12% increase from the prior year driven by higher operating profits and reduced shares outstanding. The company also achieved an adjusted organic sales growth rate of 3.3%, led primarily by its Safety & Industrial segment which saw a 7% rise in revenue. Management raised full-year 2026 adjusted EPS guidance to $9.10–$9.15 from the previous range of $8.95–$9.10, reflecting strong year-to-date performance and confidence in future results. Adjusted free cash flow reached $1.2 billion due to higher earnings net of working capital timing, while shareholder returns totaled $600 million through dividends and share repurchases. The company also highlighted 87 new product launches for the quarter—a 24% increase—keeping it on track toward its annual target of over 350. Additionally, data center-related revenue reached approximately $700 million in Q3 2026, up from $550 million a year earlier.
Tickers: $MMM
Topics: adjusted earnings per share free cash flow operating margin expansion organic sales growth shareholder returns