3M revenue and financials
$163.64Change from previous close: +0.28%Absolute change: +$0.45
In the fiscal year ended December 2025, 3M reported revenue of $24.95B (+1.52% year over year). Net income was $3.25B, a net margin of 13.0%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +1.52%
- 2025 vs 2024
- Net income growth
- −22.12%
- 2025 vs 2024
- Net margin
- 13.0%
- 2024: 17.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 986 | 574 | 1,583 | 1,756 | -954 | -79.0 | 1,818 | -1,787 | 1,021 | 767 | 1,910 | 1,509 |
| Depreciation and amortization | 335 | 326 | 430 | 298 | 290 | 290 | 322 | 310 | 301 | 291 | 535 | 449 |
| Capital expenditure | -223 | -225 | -248 | -218 | -208 | -236 | -291 | -246 | -269 | -375 | -405 | -377 |
| Investing cash flow | -483 | 60.0 | -405 | 465 | 70.0 | 1,220 | -1,146 | -1,204 | -463 | -393 | -287 | -233 |
| Financing cash flow | -1,334 | -2,124 | -617 | -1,208 | -1,769 | -422 | -1,080 | -1,085 | -1,358 | 4,621 | -704 | -803 |
| Dividends paid | -401 | -412 | -387 | -389 | -390 | -396 | -378 | -383 | -386 | -835 | -828 | -828 |
| Share repurchases | -994 | -1,999 | -552 | -472 | -953 | -1,274 | -705 | -675 | -400 | -21.0 | -2.0 | — |
| Debt issued | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1,099 | — | — | — | 8,367 | 738 | 651 |
| Debt repaid | 0.0 | 0.0 | -11.0 | -554 | -500 | -750 | -3.0 | — | — | -2,858 | -632 | -652 |
| Effect of exchange rates | 8.0 | -13.0 | 5.0 | -10.0 | 39.0 | 7.0 | -42.0 | 43.0 | -28.0 | -17.0 | -37.0 | -39.0 |
| Net change in cash | -774 | -1,506 | 564 | 959 | -2,614 | 726 | -450 | -4,033 | -828 | 4,978 | 882 | 434 |
| Free cash flow | 763 | 349 | 1,335 | 1,538 | -1,162 | -315 | 1,527 | -2,033 | 752 | 392 | 1,505 | 1,132 |
| Levered free cash flow | 2,979 | 258 | 2,957 | 144 | -1,049 | -804 | 1,251 | -2,572 | 2,534 | 440 | 5,592 | 680 |