Adjusted sales of $6.0 billion with organic growth of 1.2% YoY
Adjusted operating margin of 23.8%, up 30 bps YoY
Adjusted EPS of $2.14, up 14% YoY
Q1 operating cash flow of $0.6 billion with adjusted free cash flow of $0.5 billion
Reiterates full-year 2026 guidance
ST. PAUL, Minn., April 21, 2026 /PRNewswire/ -- 3M (NYSE:MMM) today reported first-quarter results.
"We are executing on 3M's value creation framework to build a stronger company," said William Brown, 3M Chairman and CEO. "Our focus remains on improving execution of the fundamentals and transforming the company by simplifying and standardizing our processes and footprint and reshaping the portfolio. Together, these actions will drive structurally higher growth and stronger margin performance, while improving enterprise resilience and predictability."
Brown added, "We had a good start to the year, and despite operating in a volatile environment, we remain confident in achieving our 2026 guidance while staying committed to our long-term strategy - investing in growth, driving operational performance, and returning cash to shareholders."
First-quarter highlights:
Q1 2026
Q1 2025
GAAP EPS
$ 1.23
$ 2.04
Special items:
Net costs (benefit) from significant litigation
(0.04)
0.41
Loss on business divestitures
0.01
—
Manufactured PFAS products
0.18
0.06
(Increase) decrease in value of Solventum ownership
0.67
(0.63)
Transformation costs
0.09
—
Adjusted EPS
$ 2.14
$ 1.88
