3M MMM
NYSE MMM
$164.42 -3.10 (-1.85%)
As of: Sep 9, 2026 · 3:59 PM EDT

3M (MMM) Operating Expenses (2009 - 2026)

3M's (MMM) quarterly Operating Expenses came in at $5.5 billion in Q2 2026, up 6.0% year-over-year from $5.2 billion in Q2 2025, and up 19.06% quarter-over-quarter from $4.6 billion in Q1 2026.

Analysis

3M (MMM) Operating Expenses (2009 - 2026) Analysis & Trends

3M has disclosed Operating Expenses across 18 years of filings, most recently posting $5.5 billion for Q2 2026.

  • In Q2 2026, Operating Expenses rose 6.0% year-over-year to $5.5 billion; the TTM figure through Jun 2026 stood at $20.6 billion (up 3.74% YoY), while the FY2025 annual figure was $20.3 billion, up 2.87% from the prior year.
  • Operating Expenses came in at $5.5 billion for Q2 2026 at 3M, up from $4.6 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $15.6 billion in Q2 2023 to a low of $1.5 billion in Q4 2022.
  • Average Operating Expenses over 5 years is $6.1 billion, with a median of $5.1 billion recorded in 2023.
  • Year-over-year, Operating Expenses tumbled 77.86% in 2022 and soared 229.44% in 2023.
  • Over 5 years, Operating Expenses stood at $1.5 billion in 2022, then soared by 229.44% to $5.1 billion in 2023, then fell by 3.49% to $4.9 billion in 2024, then rose by 8.37% to $5.3 billion in 2025, then grew by 3.35% to $5.5 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $5.5 billion in Q2 2026, $4.6 billion in Q1 2026, and $5.3 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 3M 86.90 Bn 83.63 Bn 2.68 Bn 5.52 Bn
2 Illinois Tool Works 76.92 Bn 76.08 Bn 1.90 Bn -
3 Ametek 54.50 Bn 54.00 Bn 735.04 Mn 1.52 Bn
4 Rockwell Automation 48.18 Bn 47.71 Bn 1.14 Bn 663.00 Mn
5 Mettler Toledo International 29.15 Bn 29.09 Bn 650.22 Mn 321.77 Mn
6 Dover 25.97 Bn 24.22 Bn 880.61 Mn 488.82 Mn
7 Symbotic 25.93 Bn 24.61 Bn 160.91 Mn 128.02 Mn
8 Nordson 17.73 Bn 17.62 Bn 453.73 Mn 230.64 Mn
9 Fortive 17.23 Bn 16.86 Bn 695.30 Mn 485.40 Mn
10 RBC Bearings 16.01 Bn 15.88 Bn 247.80 Mn 107.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.52 Bn
Mar 31, 2026 4.63 Bn
Dec 31, 2025 5.34 Bn
Sep 30, 2025 5.07 Bn
Jun 30, 2025 5.20 Bn
Mar 31, 2025 4.71 Bn
Dec 31, 2024 4.93 Bn
Sep 30, 2024 4.98 Bn
Jun 30, 2024 4.98 Bn
Mar 31, 2024 4.87 Bn
Dec 31, 2023 5.10 Bn
Sep 30, 2023 9.37 Bn
Jun 30, 2023 15.64 Bn
Mar 31, 2023 6.79 Bn
Dec 31, 2022 1.55 Bn
Sep 30, 2022 4.46 Bn
Jun 30, 2022 8.59 Bn
Mar 31, 2022 7.19 Bn
Dec 31, 2021 7.00 Bn
Sep 30, 2021 7.15 Bn