MMM Q3 FY2026 earnings: EPS beat by 5.0%, revenue in line
3M CO reported Q3 FY2026. EPS came in at $2.50 against a $2.38 consensus, beat by 5.0%. Revenue was $6.6B versus $6.6B expected, in line. Gross margin was 42.3%, up 100 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $2.50 | $2.38 | beat by 5.0% |
| Revenue | $6.6B | $6.6B | in line |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $6.6B | +1.3% | +1.0% |
| Gross profit | $2.8B | +3.7% | +2.1% |
| Operating income | $1.6B | +58.3% | -3.3% |
| Net income | $1.4B | +47.2% | +64.6% |
| Diluted EPS | $2.63 | +47.8% | +69.7% |
| Gross margin: 42.3%. |
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The trend
Revenue is up 1.0% from the same quarter last year. Gross margin sits at 42.3%, a new high for the period charted.
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How it stacks up
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