3M (MMM) Research & Development (2009 - 2026)
3M's (MMM) quarterly Research & Development came in at $308.0 million in Q1 2026, up 8.07% year-on-year from $285.0 million in Q1 2025, and up 3.01% quarter-over-quarter from $299.0 million in Q4 2025.
3M (MMM) Research & Development (2009 - 2026) Analysis & Trends
3M has disclosed Research & Development across 18 years of filings, most recently posting $308.0 million for Q1 2026.
- Research & Development for Q1 2026 came in at $308.0 million, up 8.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 6.81% YoY), and the FY2025 annual result was $1.2 billion, up 7.74% from the prior year.
- Research & Development came in at $308.0 million for Q1 2026 at 3M, up from $299.0 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 -$257.0 million in Q4 2022.
- The 5-year median for Research & Development is $292.0 million (2023), against an average of $297.1 million.
- Across the five-year window, Research & Development sank 153.54% in 2022 and soared 213.62% in 2023, its largest moves.
- 3M's Research & Development stood at -$257.0 million in 2022, then jumped by 213.62% to $292.0 million in 2023, then decreased by 3.42% to $282.0 million in 2024, then increased by 6.03% to $299.0 million in 2025, then rose by 3.01% to $308.0 million in 2026.
- The last three Research & Development figures came in at $308.0 million (Q1 2026), $299.0 million (Q4 2025), and $297.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Pampa Energy | 1,836.33 Bn | 900.18 Bn | 109.00 Mn | -143.00 Mn |
| 2 | Honeywell International | 145.45 Bn | 134.13 Bn | 3.54 Bn | 492.00 Mn |
| 3 | 3M | 85.14 Bn | 81.04 Bn | 2.46 Bn | 308.00 Mn |
| 4 | Valmont Industries | 11.12 Bn | 10.97 Bn | 316.88 Mn | - |
| 5 | Seaboard | 4.59 Bn | 3.45 Bn | 217.00 Mn | - |
| 6 | Otter Tail | 3.66 Bn | 3.25 Bn | 239.49 Mn | - |
| 7 | Tetra Technologies | 1.37 Bn | 1.37 Bn | 38.23 Mn | - |
| 8 | Deluxe | 1.04 Bn | 1.01 Bn | 279.40 Mn | - |
| 9 | Matthews International | 826.85 Mn | 790.76 Mn | 101.98 Mn | - |
| 10 | Compass Diversified Holdings | 760.64 Mn | 828.28 Mn | 189.36 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -257.00 Mn |
| Sep 30, 2022 | 461.00 Mn |
| Jun 30, 2022 | 476.00 Mn |
| Mar 31, 2022 | 480.00 Mn |
| Dec 31, 2021 | 480.00 Mn |
| Sep 30, 2021 | 482.00 Mn |
| Jun 30, 2021 | 514.00 Mn |