3M (MMM) income statement
NYSE · Industrials · Conglomerates · 60,500 employees · CEO William Brown
- Price
- $174.34 -1.70%
- Market cap
- $89.9B
- Enterprise value
- $100B
- Last report
- Q3 '26 filed 2026-10-20
- Next report
- 2027-01-19 EPS est. $2.03
3M (MMM) reported revenue of $6.58B for Q3 '26 (+1.0% year on year), operating income of $1.56B (23.7% of revenue) and net income of $1.37B. Over the last four quarters revenue was $25.2B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6B | $6.02B | $6.26B | $6.29B | $6.01B | $5.95B | $6.34B | $6.52B | $6.13B | $6.03B | $6.5B | $6.58B | |
| Cost of revenue | $3.78B | $3.51B | $3.6B | $3.65B | $3.74B | $3.52B | $3.7B | $3.79B | $4.08B | $3.57B | $3.82B | $3.8B | |
| Gross profit | $2.22B | $2.51B | $2.66B | $2.64B | $2.27B | $2.44B | $2.65B | $2.73B | $2.06B | $2.46B | $2.68B | $2.78B | |
| Research & development | $286M | $244M | $279M | $266M | $281M | $285M | $288M | $297M | $299M | $308M | $302M | $304M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $744M | $0 | $921M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7M | $336M | $0 | |
| Operating expenses | -$2.97B | $1.28B | $1.38B | $1.31B | $1.18B | $1.22B | $1.55B | $1.12B | $1.26B | $1.06B | $1.7B | $1.23B | |
| Operating income | $5.19B | $1.23B | $1.28B | $1.33B | $1.09B | $1.22B | $1.1B | $1.61B | $794M | $1.4B | $984M | $1.56B | |
| Interest income | $90M | $110M | $143M | $107M | $92M | $79M | $50M | $46M | $57M | $49M | $0 | $0 | |
| Interest expense | $367M | $339M | $316M | $274M | $249M | $253M | $235M | $232M | $222M | $214M | $0 | $0 | |
| Other non-operating income (gains on investments, FX ...) | $4.17B | -$40M | -$449M | -$662M | $85M | -$420M | -$56M | $235M | $36M | $256M | -$136M | -$112M | |
| Total non-operating income | -$4.53B | -$298M | $136M | $391M | -$332M | $169M | -$132M | -$463M | -$36M | -$519M | $136M | $112M | |
| Income before tax | $662M | $930M | $1.41B | $1.72B | $761M | $1.39B | $970M | $1.15B | $758M | $878M | $1.12B | $1.67B | |
| Income tax | $26M | $220M | $203M | $348M | $33M | $265M | $245M | $308M | $185M | $221M | $183M | $261M | |
| Net income | $945M | $928M | $1.15B | $1.37B | $728M | $1.12B | $723M | $834M | $577M | $653M | $933M | $1.37B | |
| EPS (basic) | $1.70 | $1.67 | $2.07 | $2.49 | $1.34 | $2.05 | $1.35 | $1.56 | $1.08 | $1.23 | $1.79 | $2.65 | |
| EPS (diluted) | $1.70 | $1.67 | $2.06 | $2.48 | $1.33 | $2.04 | $1.34 | $1.55 | $1.07 | $1.23 | $1.78 | $2.63 | |
| Shares (basic, weighted) | 555M | 555M | 554M | 551M | 544M | 544M | 541M | 538M | 534M | 529M | 524M | 519M | |
| Shares (diluted, weighted) | 555M | 556M | 555M | 553M | 546M | 548M | 544M | 542M | 539M | 533M | 528M | 523M | |
| Depreciation & amortization | $537M | $430M | $301M | $310M | $322M | $290M | $290M | $298M | $430M | $326M | $335M | $336M | |
| EBITDA | $1.56B | $1.7B | $2.03B | $2.31B | $1.33B | $1.93B | $1.45B | $1.68B | $1.19B | $1.47B | $1.46B | $2.01B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $30.1B | $31.7B | $32.8B | $32.1B | $32.2B | $35.4B | $34.2B | $24.6B | $24.6B | $24.9B | |
| Cost of revenue | $15.1B | $16B | $16.6B | $16.8B | $16.6B | $18.7B | $19.3B | $15B | $14.5B | $15.1B | |
| Gross profit | $15B | $15.7B | $16.2B | $15.3B | $15.6B | $16.6B | $15B | $9.57B | $10.1B | $9.87B | |
| Research & development | $1.74B | $1.86B | $1.82B | $1.87B | $1.86B | $1.98B | $1.86B | $1.12B | $1.07B | $1.17B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $9.04B | $0 | $0 | $0 | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $161M | |
| Operating expenses | $7.96B | $8.44B | $8.42B | $8.33B | $8.65B | $9.09B | $10.9B | $5.53B | $5.15B | $5.31B | |
| Operating income | $7.02B | $7.23B | $7.77B | $6.97B | $6.96B | $7.53B | $4.07B | $4.05B | $4.93B | $4.56B | |
| Interest income | $29M | $50M | $70M | $80M | $29M | $26M | $67M | $250M | $452M | $175M | |
| Interest expense | $207M | $84M | $240M | $431M | $553M | $457M | $498M | $932M | $1.18B | $720M | |
| Other non-operating income (gains on investments, FX ...) | -$241M | -$406M | $534M | $831M | -$391M | -$135M | -$2.82B | $14.4B | -$1.07B | -$410M | |
| Total non-operating income | $34M | $322M | -$774M | -$1.26B | -$167M | -$312M | $2.33B | -$15.3B | -$103M | -$350M | |
| Income before tax | $7.05B | $7.55B | $7B | $5.71B | $6.79B | $7.21B | $6.4B | -$11.3B | $4.83B | $4.21B | |
| Income tax | $2B | $2.68B | $1.64B | $1.13B | $1.34B | $1.29B | $612M | -$2.87B | $804M | $1B | |
| Net income | $5.05B | $4.86B | $5.35B | $4.57B | $5.45B | $5.92B | $5.78B | -$7B | $4.17B | $3.25B | |
| EPS (basic) | $8.35 | $8.13 | $9.09 | $7.92 | $9.43 | $10.23 | $10.21 | -$12.63 | $7.58 | $6.04 | |
| EPS (diluted) | $8.16 | $7.93 | $8.89 | $7.81 | $9.36 | $10.12 | $10.18 | -$12.63 | $7.55 | $6.00 | |
| Shares (basic, weighted) | 605M | 598M | 589M | 577M | 578M | 579M | 566M | 554M | 551M | 534M | |
| Shares (diluted, weighted) | 619M | 613M | 602M | 585M | 582M | 585M | 568M | 554M | 552M | 539M | |
| Depreciation & amortization | $1.47B | $1.54B | $1.49B | $1.59B | $1.91B | $1.92B | $1.83B | $1.43B | $1.22B | $1.31B | |
| EBITDA | $8.73B | $9.18B | $8.73B | $7.74B | $9.26B | $9.58B | $8.72B | -$8.91B | $7.23B | $6.28B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01