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CLAIM #42767 · 3M Company (MMM) · 2026Q2 earnings call · Jul 21, 2026 · due Dec 31, 2027

You will see more impact in the back half of the year as those products that we started to work on a few years ago start to launch this year and become meaningful in the back half. They will be even more meaningful into 2027.

William Brown · CEO

PENDING
graded after results covering Dec 31, 2027 are reported

How to check this claim

Look at: Revenue growth contribution/acceleration from new product launches, as described in company commentary (e.g., organic sales growth rate and management commentary on new product impact)

It came true if: Second-half 2026 organic revenue growth rate higher than first-half 2026 organic revenue growth rate, with management attributing acceleration to new product launches

Where: Quarterly earnings releases and management commentary on Q3/Q4 2026 earnings calls (10-Q/10-K and call transcripts)

In context

the webcast is a very important 1. It shows this very deep inflection, and we are clearly on the right track here. These we typically would launch a product within about from the beginning of development to launch is running around 250 days. it is down substantially where than where it was 2 years ago. You know, by 2027, it is gonna around 20% reduction in overall cycle time. But there is some, like, nuances in the data here. You know, we are launching more class threes, which are shorter in duration. They are more incremental. You know? But the company is pivoting more to what we call class fours and class fives. And class fours are those that move into adjacent markets, and class fives are completely new products for new markets going into. So the team is focusing more on the 4s and 5s. You will see more impact in the back half of the year as those products that we started to work on a few years ago start to launch this year and become meaningful in the back half. They will be even more meaningful into 2027. But the engine's moving. The momentum is really building. The team is executing, I think, fantastically well. Across all these various dimensions. We are launching more, but there is more ideas coming into the front end of the funnel. So the health of the pipeline is very good. So I think this will continue to build momentum in the back half and into next year. So it is what we are known for, material science, and driving using material science to make differences in the world. And think we are doing a good job with that. that is very helpful. Thanks, Bill. And just as a quick follow-up, you know, when we started I remember at the Analyst Day, I mean, the story originally was really about of getting the gross margin from the low-40s to the high-40s where you guys used to be. Obviously, wi

Verify independently

SEC filings for MMM · Claim quote is verbatim from the 2026Q2 earnings call.