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3M Company’s Amazon Data Center Bet — Can Its $40 Million EBO Business Scale?

3M Company reported solid financial and operational results for the third quarter of 2026, reflecting progress in several key areas alongside some ongoing challenges. The company achieved organic sales growth of 3.3%, driven mainly by strong performance in industrial, safety, semiconductor, and data center markets, which offset weakness in consumer electronics and certain automotive segments. Operating margin expanded by 110 basis points to 26.2%, and earnings per share increased 12% to $2.50 on an adjusted basis. Free cash flow was robust at $1.2 billion for the quarter. A notable highlight in 3M’s performance is its continued focus on innovation and commercial excellence. The company launched 87 new products in the quarter, positioning itself to surpass its annual target of 350 and showing significant progress in new product sales, which rose 34% year-over-year.