3M (MMM) Research & Development (2009 - 2026)

3M (MMM) reported Research & Development of $302.0 million for Q2 2026, up 4.86% on a YoY basis from $288.0 million in Q2 2025, and down 1.95% sequentially from $308.0 million in Q1 2026.

3M (MMM) Research & Development (2009 - 2026) Analysis & Trends

3M (MMM) has 18 years of Research & Development data on file, last reported at $302.0 million in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 4.86% year-over-year to $302.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.2 billion (up 7.3% YoY), and the FY2025 full-year result was $1.2 billion, up 7.74% from the prior year.
  • Research & Development slipped to $302.0 million in Q2 2026, from $308.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $480.0 million in Q1 2022 to a low of -$217.0 million in Q4 2022.
  • A 5-year average of $299.6 million and a median of $294.5 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development sank 145.78% in 2022 and soared 234.56% in 2023, its largest moves.
  • Tracing MMM's Research & Development over 5 years: stood at -$217.0 million in 2022, then soared by 234.56% to $292.0 million in 2023, then retreated by 3.42% to $282.0 million in 2024, then grew by 6.03% to $299.0 million in 2025, then climbed by 1.0% to $302.0 million in 2026.
  • Business Quant data shows MMM's Research & Development at $302.0 million in Q2 2026, $308.0 million in Q1 2026, and $299.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 3M 88.13 Bn 84.85 Bn 2.68 Bn 302.00 Mn
2 Honeywell International 78.15 Bn 66.84 Bn 3.65 Bn 524.00 Mn
3 Valmont Industries 9.52 Bn 9.36 Bn 316.88 Mn -
4 Brookfield Business 6.56 Bn 5.50 Bn 1.31 Bn -
5 Seaboard 4.44 Bn 3.30 Bn 217.00 Mn -
6 Otter Tail 3.87 Bn 3.47 Bn 239.49 Mn -
7 Tetra Technologies 1.18 Bn 1.14 Bn 38.23 Mn -
8 Deluxe 1.16 Bn 1.13 Bn 279.40 Mn -
9 Matthews International 843.71 Mn 807.63 Mn 101.98 Mn -
10 Compass Diversified Holdings 745.59 Mn 813.24 Mn 189.36 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 302.00 Mn
Mar 31, 2026 308.00 Mn
Dec 31, 2025 299.00 Mn
Sep 30, 2025 297.00 Mn
Jun 30, 2025 288.00 Mn
Mar 31, 2025 285.00 Mn
Dec 31, 2024 282.00 Mn
Sep 30, 2024 269.00 Mn
Jun 30, 2024 280.00 Mn
Mar 31, 2024 254.00 Mn
Dec 31, 2023 292.00 Mn
Sep 30, 2023 267.00 Mn
Jun 30, 2023 298.00 Mn
Mar 31, 2023 472.00 Mn
Dec 31, 2022 -217.00 Mn
Sep 30, 2022 461.00 Mn
Jun 30, 2022 476.00 Mn
Mar 31, 2022 480.00 Mn
Dec 31, 2021 474.00 Mn
Sep 30, 2021 482.00 Mn