3M (MMM) Cost of Revenue (2009 - 2026)
3M (MMM) reported Cost of Revenue of $3.8 billion for Q2 2026, up 4.69% on a YoY basis from $3.6 billion in Q2 2025, and up 6.8% sequentially from $3.6 billion in Q1 2026.
3M (MMM) Cost of Revenue (2009 - 2026) Analysis & Trends
3M (MMM) has 18 years of Cost of Revenue data on file, last reported at $3.8 billion in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 4.69% year-over-year to $3.8 billion; the trailing twelve-month figure through Jun 2026 stood at $15.3 billion (up 5.12% YoY), and the FY2025 full-year result was $15.0 billion, up 3.77% from the prior year.
- Cost of Revenue rose to $3.8 billion in Q2 2026, 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.
- A 5-year average of $3.8 billion and a median of $3.7 billion in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue sank 74.33% in 2022 and jumped 214.68% in 2023, its largest moves.
- Tracing MMM's Cost of Revenue over 5 years: stood at $1.2 billion in 2022, then jumped by 214.68% to $3.8 billion in 2023, then dropped by 1.34% to $3.7 billion in 2024, then grew by 8.84% to $4.1 billion in 2025, then declined by 6.33% to $3.8 billion in 2026.
- Business Quant data shows MMM's Cost of Revenue at $3.8 billion in Q2 2026, $3.6 billion in Q1 2026, and $4.1 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 92.21 Bn | 88.88 Bn | 2.68 Bn | 3.82 Bn |
| 2 | Honeywell International | 77.70 Bn | 68.50 Bn | 3.65 Bn | 6.07 Bn |
| 3 | Valmont Industries | 9.65 Bn | 9.49 Bn | 316.88 Mn | 712.32 Mn |
| 4 | Brookfield Business | 6.68 Bn | -9.90 Bn | 1.31 Bn | 5.13 Bn |
| 5 | Seaboard | 4.48 Bn | 3.32 Bn | 217.00 Mn | 2.18 Bn |
| 6 | Otter Tail | 3.85 Bn | 3.45 Bn | 239.49 Mn | 107.54 Mn |
| 7 | Deluxe | 1.22 Bn | 1.19 Bn | 279.40 Mn | 258.70 Mn |
| 8 | Tetra Technologies | 1.02 Bn | 989.42 Mn | 38.23 Mn | 108.85 Mn |
| 9 | Matthews International | 891.71 Mn | 855.62 Mn | 101.98 Mn | 26.13 Mn |
| 10 | Compass Diversified Holdings | 752.36 Mn | 691.61 Mn | 189.36 Mn | 237.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.82 Bn |
| Jun 30, 2026 | 3.82 Bn |
| 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 |