3M Shares Rise After Q3 EPS Tops Estimates, FY26 Guidance Raised

3M (NYSE: MMM ) reported third-quarter financial results on Tuesday. The transcript from the company's third-quarter earnings call has been provided below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. Access the full call at Summary 3M reported strong Q3 results with 3.3% organic growth, a 26.2% operating margin, and a 12% increase in EPS to $2.50. The company returned $600 million to shareholders and remains confident in achieving over 3.5% organic growth for the year. 3M launched 87 new products in Q3, with a focus on innovation and AI-enabled tools, and is on track to exceed its target of 350 new products for the year. The company highlighted strategic partnerships, including a significant agreement with Amazon for EBO technology, and a contract with GSEO to expand manufacturing capacity. 3M's guidance for 2026 was raised, expecting over 4% organic growth in Q4 and EPS growth between 11% and 12% for the year. The company is focusing on driving productivity and transformation initiatives, expecting margin rates to exceed targets set at Investor Day. Management remains optimistic about growth in sectors like aerospace and data centers and is confident about achieving long-term growth and innovation goals. Full Transcript OPERATOR Ladies and gentlemen, thank you for standing by. Welcome to the 3M third quarter earnings conference call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question and answer session. At that time, if you do have a question, please press Star one on your telephone keypad. As a reminder, this call is being recorded Tuesday, October 20, 2026. I would now like to turn the call over to Chinmay Trivedi, Senior Vice President of Investor Relations and Financial Planning and Analysis at 3M. Chinmay Trivedi (Senior Vice President of Investor Relations and Financial Planning and Analysis) Thank you. Good morning everyone and welcome to our quarterly earnings conference call. With me today are Bill Brown, 3M's Chairman and Chief Executive Officer, and Anurag Maheshwari, 3M's Chief Financial Officer. Bill and Anurag will make some formal comments, then we will take your questions. Please note that today's earnings release and slide presentation accompanying this call are posted on the homepage of our Investor Relations website at 3M.com. Please turn to Slide 2 and take a moment to read the forward-looking statements. During today's conference call, we'll be making certain predictive statements that reflect our current views about 3M's future performance and financial results. These statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Item 1A of our most recent Form 10-Q lists some of the most important risk factors that could cause actual results to differ from our predictions. Please note, throughout today's presentation we'll be making