MMM Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), MMM reported revenue of $6.5B, gross profit of $2.7B (41.3% gross margin), operating income of $984M, and net income of $933M (14.4% net margin). The flow of revenue into costs and profit is visualized below.
What changed
MMM was profitable; no comparable cached period is available, and revenue beat consensus by 0.5%.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus revenue estimate was $6.5B; reported revenue was +0.5% versus consensus. EPS was $0.00 versus $2.27 expected.
MMM Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $6.5B | 100% |
| Cost of Revenue | −$3.8B | 58.7% |
| Gross Profit | $2.7B | 41.3% |
| Research & Development | −$302M | 4.6% |
| Selling, General & Administrative | −$1.1B | 16.3% |
| Other Operating Expenses | −$336M | 5.2% |
| Operating Income | $984M | 15.1% |
| Other Income, net | $136M | 2.1% |
| Income Tax Expense | −$183M | 2.8% |
| Net Income | $933M | 14.4% |
Source: original SEC filing (filed 2026-07-21). Accession 0000066740-26-000242. Data normalized by EarningsFyi.