3M raises 2026 adjusted EPS guidance to $8.80-$8.95 as Q2 GAAP EPS rises 33%
3M reported second-quarter 2026 GAAP sales of $6.5 billion, up 2.4%, and GAAP EPS of $1.78, up from $1.34 a year earlier. Adjusted EPS was $2.40, up 11%, and the company raised its full-year 2026 adjusted EPS guidance to $8.80-$8.95 from $8.50-$8.70, though GAAP operating margin fell to 15.1% amid a $336 million loss on business divestitures and other special items.
Key points
- Q2 GAAP sales of $6.5 billion, up 2.4%; adjusted organic sales up 5.4%
- Q2 GAAP EPS of $1.78, up 33%; adjusted EPS of $2.40, up 11%
- 2026 adjusted EPS guidance raised to $8.80-$8.95 from $8.50-$8.70; guidance excludes the Madison Fire & Rescue acquisition, which closed July 1, 2026
- Returned $1.4 billion to shareholders via dividends and share repurchases in Q2
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing 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 July 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.