CLAIM #42778 · 3M Company (MMM) · 2026Q2 earnings call · Jul 21, 2026 · due Dec 31, 2028
“But over time, you know, given our technology and the momentum we think we are building here and our ability to scale, we think our share in that segment will grow materially.”
William Brown · CEO
How to check this claim
Look at: Company's revenue/share in the Expanded Beam Optics connector segment, as disclosed by management (currently cited as $40-50 million of a ~$1 billion market)
It came true if: Disclosed segment revenue or share materially above the $40-50 million baseline (e.g., >$75 million or company-stated share percentage roughly doubling from current ~4-5%)
Where: Management commentary on quarterly earnings calls (segment/market share disclosures)
In context
“ore quickly and seamlessly and more reliably. And I think that is kind of an important differentiator. As I mentioned earlier, we have got substantial patent protection around the technology, 100 patents today with another 50 that are pending. But we are we have and we will continue to license other ecosystem players to manufacture that technology, that Expanded Beam Optics, Expanded Beam Optics technology, because that is required by hyperscalers. there is no 1 company or supplier that will provide all of the demand for these hyperscalers, whether it be servers or chips or racks or whatever it happens to be, including Expanded Beam Optics connectors. So that is the path that we are on. We have got a small share today. Again, it is in $40 million to $50 million range of a billion dollars. But over time, you know, given our technology and the momentum we think we are building here and our ability to scale, we think our share in that segment will grow materially. And that is what we would expect. Thank you. I appreciate that. Then maybe if I could follow-up on price cost. I would imagine there were some lag on Q2 price cost just given how quickly the commodities inflated? And then when we think about the timing of your price actions in April and May. Can you maybe just kind of talk price cost in Q2? And is it fair to assume that price cost gets better as we look into the back half just with the incremental price coming through and, you know, while commodity is still certainly persisting, it does seem like a lot of these petrochemical inputs have eased a bit, versus what we saw earlier in the spring. Thank you. Yeah, look, it is a great question, Christopher. Know, Q2, our price was at 1.6%. So it was about in line with what we would expected in th”
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SEC filings for MMM ↗ · Claim quote is verbatim from the 2026Q2 earnings call.