3M's first quarter 2026 adjusted EPS of $2.14 beat estimates while the company reiterated full-year guidance.

3M Company reported first quarter 2026 GAAP revenue of $6.0 billion and adjusted EPS of $2.14, beating the consensus estimate of $2.01. Revenue was slightly below the estimated $6.15 billion. The company reaffirmed its full-year 2026 guidance.

Key Highlights

• Adjusted EPS grew 14% year-over-year to $2.14, driven by improved operating margins, which expanded 30 basis points to 23.8% on an adjusted basis.
• The company reported a GAAP organic sales decline of 1.4% YoY. However, adjusted organic sales, which exclude the impact of manufactured PFAS products, grew 1.2% YoY.
• The Safety and Industrial segment was a key driver of performance, posting organic sales growth of 3.2%, while the Consumer segment declined 1.3%.