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| Date | Value |
|---|---|
| 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 |