AI brief of an SEC Form 8-K · 3M (MMM)

3M Q1 2026 GAAP EPS falls 40% to $1.23; adjusted EPS rises 14% to $2.14

Mixed Impact 3 of 5 earnings Written later

3M reported first-quarter 2026 results with GAAP sales of $6.0 billion, up 1.3%, and GAAP EPS of $1.23, down 40% from a year earlier. Adjusted EPS rose 14% to $2.14, and the company reiterated its full-year 2026 adjusted EPS guidance of $8.50 to $8.70. The GAAP decline reflects a $0.67 per-share charge tied to the change in value of its Solventum ownership, which is excluded from adjusted results.

Key points

  • GAAP net income attributable to 3M was $653 million, compared with $1,116 million in the first quarter of 2025.
  • Adjusted EPS was $2.14, up 14% year-on-year, and adjusted operating income margin was 23.8%, up 30 basis points.
  • Operating cash flow was $574 million, and adjusted free cash flow was $541 million; the company returned $2.4 billion to shareholders through dividends and share repurchases.
  • Full-year 2026 guidance was reiterated: adjusted sales growth of about 4% and adjusted EPS of $8.50 to $8.70.

The filing

Company3M (MMM)
Form8-K, current report
Filed with the SECApr 21, 2026, 6:34 AM ET
Accession number0000066740-26-000171

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 21, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.