The company posted quarterly sales of $6.5 billion, representing a 2.4% increase over the previous year, while adjusted organic growth reached 5.4%. Chairman and CEO William Brown attributed the results to disciplined execution and momentum in the firm's strategic initiatives, which include high-profile partnerships with Microsoft in AI data center infrastructure and Cadillac’s Formula 1 team.
3M Raises Full-Year Outlook Following Strong Second Quarter
Bolstered by steady mid-single-digit sales growth and double-digit earnings expansion, 3M has lifted its financial expectations for 2026. The St. Paul-based manufacturing giant reported second-quarter adjusted earnings of $2.40 per share, topping prior estimates as the company continues to narrow its focus on core industrial and technological priorities.
Following the performance in the first half of the year, 3M updated its full-year 2026 guidance, now projecting adjusted earnings per share between $8.80 and $8.95. The company also reported an adjusted operating income margin of 24.9%, a 40-basis-point improvement year-on-year. Shareholders received $1.4 billion in returns during the quarter through a combination of dividends and share repurchases, reflecting the company’s ongoing efforts to streamline operations and prioritize capital efficiency.
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