3M (MMM) Operating Expenses (2009 - 2026)
3M recorded quarterly Operating Expenses of $4.6 billion in Q1 2026, down 13.19% quarter-over-quarter from $5.3 billion in Q4 2025, and down 1.59% year-over-year from $4.7 billion in Q1 2025.
3M's Operating Expenses history runs 18 years deep, the most recent figure standing at $4.6 billion for Q1 2026.
- In Q1 2026, Operating Expenses fell 1.59% year-over-year to $4.6 billion; the TTM figure through Mar 2026 stood at $20.2 billion (up 3.32% YoY), while the FY2025 annual figure was $20.3 billion, up 2.87% from the prior year.
- Operating Expenses came in at $4.6 billion for Q1 2026 at 3M, down from $5.3 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.
- A 5-year average of $6.1 billion and a median of $5.1 billion in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses tumbled 77.86% in 2022 and soared 229.44% in 2023, its largest moves.
- 3M's Operating Expenses stood at $1.5 billion in 2022, then jumped by 229.44% to $5.1 billion in 2023, then retreated by 3.49% to $4.9 billion in 2024, then gained by 8.37% to $5.3 billion in 2025, then slipped by 13.19% to $4.6 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $4.6 billion, $5.3 billion, and $5.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Honeywell International | 149.73 Bn | 138.42 Bn | 3.54 Bn | 1.80 Bn |
| 2 | 3M | 79.89 Bn | 75.79 Bn | 2.46 Bn | 4.63 Bn |
| 3 | Valmont Industries | 10.28 Bn | 10.12 Bn | 316.88 Mn | 161.25 Mn |
| 4 | Seaboard | 5.00 Bn | 3.86 Bn | 217.00 Mn | 121.00 Mn |
| 5 | Otter Tail | 3.50 Bn | 3.10 Bn | 239.49 Mn | 261.79 Mn |
| 6 | Tetra Technologies | 1.39 Bn | 1.39 Bn | 38.23 Mn | 118.03 Mn |
| 7 | Deluxe | 1.11 Bn | 1.08 Bn | 279.40 Mn | 212.70 Mn |
| 8 | Matthews International | 838.50 Mn | 802.41 Mn | 101.98 Mn | 72.41 Mn |
| 9 | Compass Diversified Holdings | 825.34 Mn | 892.99 Mn | 189.36 Mn | 132.01 Mn |
| 10 | Falcon's Beyond Global | 575.98 Mn | 586.01 Mn | - | 8.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 6.98 Bn |
| Mar 31, 2021 | 6.86 Bn |
| Dec 31, 2020 | 6.73 Bn |
| Sep 30, 2020 | 6.44 Bn |
| Jun 30, 2020 | 5.44 Bn |
| Mar 31, 2020 | 6.41 Bn |
| Dec 31, 2019 | 6.79 Bn |
| Sep 30, 2019 | 5.98 Bn |
| Jun 30, 2019 | 6.47 Bn |
| Mar 31, 2019 | 6.73 Bn |
| Dec 31, 2018 | 6.16 Bn |
| Sep 30, 2018 | 6.14 Bn |
| Jun 30, 2018 | 5.99 Bn |
| Mar 31, 2018 | 7.27 Bn |
| Dec 31, 2017 | 6.20 Bn |
| Sep 30, 2017 | 6.16 Bn |
| Jun 30, 2017 | 5.66 Bn |
| Mar 31, 2017 | 5.94 Bn |
| Dec 31, 2016 | 5.86 Bn |
| Sep 30, 2016 | 5.81 Bn |
| Jun 30, 2016 | 5.80 Bn |
| Mar 31, 2016 | 5.62 Bn |
| Dec 31, 2015 | 5.80 Bn |
| Sep 30, 2015 | 5.84 Bn |
| Jun 30, 2015 | 5.85 Bn |
| Mar 31, 2015 | 5.85 Bn |
| Dec 31, 2014 | 6.06 Bn |
| Sep 30, 2014 | 6.24 Bn |
| Jun 30, 2014 | 6.28 Bn |
| Mar 31, 2014 | 6.12 Bn |
| Dec 31, 2013 | 5.99 Bn |
| Sep 30, 2013 | 6.18 Bn |
| Jun 30, 2013 | 6.05 Bn |
| Mar 31, 2013 | 5.99 Bn |
| Dec 31, 2012 | 5.94 Bn |
| Sep 30, 2012 | 5.82 Bn |
| Jun 30, 2012 | 5.81 Bn |
| Mar 31, 2012 | 5.85 Bn |
| Dec 31, 2011 | 5.73 Bn |
| Sep 30, 2011 | 5.95 Bn |
| Jun 30, 2011 | 6.03 Bn |
| Mar 31, 2011 | 5.73 Bn |
| Dec 31, 2010 | 5.41 Bn |
| Sep 30, 2010 | 5.30 Bn |
| Jun 30, 2010 | 5.14 Bn |
| Mar 31, 2010 | 4.90 Bn |
| Dec 31, 2009 | 4.78 Bn |
| Sep 30, 2009 | 4.72 Bn |
| Jun 30, 2009 | 4.53 Bn |
| Mar 31, 2009 | 4.29 Bn |