3M (MMM) Cost of Revenue (2009 - 2026)
3M's (MMM) quarterly Cost of Revenue came in at $3.8 billion in Q2 2026, up 4.69% year-over-year from $3.6 billion in Q2 2025, and up 6.8% quarter-over-quarter from $3.6 billion in Q1 2026.
Analysis
3M (MMM) Cost of Revenue (2009 - 2026) Analysis & Trends
3M has disclosed Cost of Revenue across 18 years of filings, most recently posting $3.8 billion for Q2 2026.
- In Q2 2026, Cost of Revenue rose 4.69% year-over-year to $3.8 billion; the TTM figure through Jun 2026 stood at $15.3 billion (up 5.12% YoY), while the FY2025 annual figure was $15.0 billion, up 3.77% from the prior year.
- Cost of Revenue came in at $3.8 billion for Q2 2026 at 3M, up from $3.6 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $5.1 billion in Q2 2022 to a low of $1.2 billion in Q4 2022.
- Average Cost of Revenue over 5 years is $3.8 billion, with a median of $3.7 billion recorded in 2023.
- Year-over-year, Cost of Revenue slumped 74.33% in 2022 and surged 214.68% in 2023.
- Over 5 years, Cost of Revenue stood at $1.2 billion in 2022, then surged by 214.68% to $3.8 billion in 2023, then declined by 1.34% to $3.7 billion in 2024, then increased by 8.84% to $4.1 billion in 2025, then fell by 6.33% to $3.8 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $3.8 billion in Q2 2026, $3.6 billion in Q1 2026, and $4.1 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.07 Bn | 81.79 Bn | 2.68 Bn | 3.82 Bn |
| 2 | Illinois Tool Works | 76.39 Bn | 75.56 Bn | 1.90 Bn | 2.40 Bn |
| 3 | Ametek | 55.45 Bn | 54.95 Bn | 735.04 Mn | 1.31 Bn |
| 4 | Rockwell Automation | 47.59 Bn | 47.11 Bn | 1.14 Bn | 1.17 Bn |
| 5 | Mettler Toledo International | 28.05 Bn | 28.00 Bn | 650.22 Mn | 253.28 Mn |
| 6 | Dover | 25.45 Bn | 23.70 Bn | 880.61 Mn | 1.31 Bn |
| 7 | Symbotic | 25.44 Bn | 24.12 Bn | 160.91 Mn | 559.93 Mn |
| 8 | Nordson | 17.52 Bn | 17.40 Bn | 453.73 Mn | 363.94 Mn |
| 9 | Fortive | 16.55 Bn | 16.18 Bn | 695.30 Mn | 401.50 Mn |
| 10 | RBC Bearings | 16.22 Bn | 16.10 Bn | 247.80 Mn | 271.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.82 Bn |
| Mar 31, 2026 | 3.57 Bn |
| Dec 31, 2025 | 4.08 Bn |
| Sep 30, 2025 | 3.79 Bn |
| Jun 30, 2025 | 3.65 Bn |
| Mar 31, 2025 | 3.48 Bn |
| Dec 31, 2024 | 3.74 Bn |
| Sep 30, 2024 | 3.65 Bn |
| Jun 30, 2024 | 3.57 Bn |
| Mar 31, 2024 | 3.49 Bn |
| Dec 31, 2023 | 3.80 Bn |
| Sep 30, 2023 | 3.72 Bn |
| Jun 30, 2023 | 3.73 Bn |
| Mar 31, 2023 | 3.74 Bn |
| Dec 31, 2022 | 1.21 Bn |
| Sep 30, 2022 | 4.73 Bn |
| Jun 30, 2022 | 5.09 Bn |
| Mar 31, 2022 | 4.83 Bn |
| Dec 31, 2021 | 4.70 Bn |
| Sep 30, 2021 | 4.85 Bn |