3M Reports Q1 2026 Results

3M has reported its 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 standardising 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 committed to our long-term strategy – investing in growth, driving operational performance, and returning cash to shareholders.”

First-quarter highlights:

• Q1 GAAP sales of $6.0 billion, up 1.3%; operating margin of 23.2%, up 230 bps;
• EPS of $1.23, down 40%, all YoY
• 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

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