3M (MMM) Cost of Revenue (2009 - 2026)
3M's (MMM) quarterly Cost of Revenue came in at $3.6 billion in Q1 2026, up 2.76% year-on-year from $3.5 billion in Q1 2025, and down 12.29% quarter-over-quarter from $4.1 billion in Q4 2025.
3M (MMM) Cost of Revenue (2009 - 2026) Analysis & Trends
3M has disclosed Cost of Revenue across 18 years of filings, most recently posting $3.6 billion for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $3.6 billion, up 2.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.1 billion (up 4.48% YoY), and the FY2025 annual result was $15.0 billion, up 3.77% from the prior year.
- Cost of Revenue came in at $3.6 billion for Q1 2026 at 3M, down from $4.1 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.
- The 5-year median for Cost of Revenue is $3.7 billion (2023), against an average of $3.8 billion.
- Across the five-year window, Cost of Revenue tumbled 74.33% in 2022 and jumped 214.68% in 2023, its largest moves.
- 3M's 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 slipped by 12.29% to $3.6 billion in 2026.
- The last three Cost of Revenue figures came in at $3.6 billion (Q1 2026), $4.1 billion (Q4 2025), and $3.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Pampa Energy | 1,836.33 Bn | 900.18 Bn | 109.00 Mn | 170.00 Mn |
| 2 | Honeywell International | 145.45 Bn | 134.13 Bn | 3.54 Bn | 5.60 Bn |
| 3 | 3M | 85.14 Bn | 81.04 Bn | 2.46 Bn | 3.57 Bn |
| 4 | Valmont Industries | 11.12 Bn | 10.97 Bn | 316.88 Mn | 712.32 Mn |
| 5 | Seaboard | 4.59 Bn | 3.45 Bn | 217.00 Mn | 2.18 Bn |
| 6 | Otter Tail | 3.66 Bn | 3.25 Bn | 239.49 Mn | 107.54 Mn |
| 7 | Tetra Technologies | 1.37 Bn | 1.37 Bn | 38.23 Mn | 108.85 Mn |
| 8 | Deluxe | 1.04 Bn | 1.01 Bn | 279.40 Mn | 258.70 Mn |
| 9 | Matthews International | 826.85 Mn | 790.76 Mn | 101.98 Mn | 26.13 Mn |
| 10 | Compass Diversified Holdings | 760.64 Mn | 828.28 Mn | 189.36 Mn | 237.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.57 Bn |
| Mar 31, 2026 | 3.57 Bn |
| Dec 31, 2025 | 4.08 Bn |
| Dec 31, 2025 | 4.08 Bn |
| Sep 30, 2025 | 3.79 Bn |
| Sep 30, 2025 | 3.79 Bn |
| Jun 30, 2025 | 3.65 Bn |
| Jun 30, 2025 | 3.65 Bn |
| Mar 31, 2025 | 3.48 Bn |
| Mar 31, 2025 | 3.48 Bn |
| Dec 31, 2024 | 3.74 Bn |
| Dec 31, 2024 | 3.74 Bn |
| Sep 30, 2024 | 3.65 Bn |
| Sep 30, 2024 | 3.65 Bn |
| Jun 30, 2024 | 3.57 Bn |
| Jun 30, 2024 | 3.57 Bn |
| Mar 31, 2024 | 3.49 Bn |
| Mar 31, 2024 | 3.49 Bn |
| Dec 31, 2023 | 3.80 Bn |
| Dec 31, 2023 | 3.80 Bn |