3M (MMM) Research & Development (2009 - 2026)
3M's (MMM) quarterly Research & Development came in at $302.0 million in Q2 2026, up 4.86% year-over-year from $288.0 million in Q2 2025, and down 1.95% quarter-over-quarter from $308.0 million in Q1 2026.
Analysis
3M (MMM) Research & Development (2009 - 2026) Analysis & Trends
3M has disclosed Research & Development across 18 years of filings, most recently posting $302.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 4.86% year-over-year to $302.0 million; the TTM figure through Jun 2026 stood at $1.2 billion (up 7.3% YoY), while the FY2025 annual figure was $1.2 billion, up 7.74% from the prior year.
- Research & Development came in at $302.0 million for Q2 2026 at 3M, down 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.
- Average Research & Development over 5 years is $299.6 million, with a median of $294.5 million recorded in 2023.
- Year-over-year, Research & Development plunged 145.21% in 2022 and jumped 234.56% in 2023.
- Over 5 years, Research & Development stood at -$217.0 million in 2022, then jumped by 234.56% 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 grew by 1.0% to $302.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $302.0 million in Q2 2026, $308.0 million in Q1 2026, and $299.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.28 Bn | 81.95 Bn | 2.68 Bn | 302.00 Mn |
| 2 | Illinois Tool Works | 75.67 Bn | 74.83 Bn | 1.90 Bn | - |
| 3 | Ametek | 54.19 Bn | 53.69 Bn | 735.04 Mn | - |
| 4 | Rockwell Automation | 47.43 Bn | 46.95 Bn | 1.14 Bn | 173.00 Mn |
| 5 | Mettler Toledo International | 26.01 Bn | 25.96 Bn | 650.22 Mn | 52.99 Mn |
| 6 | Dover | 25.81 Bn | 24.05 Bn | 880.61 Mn | - |
| 7 | Nordson | 17.47 Bn | 17.36 Bn | 453.73 Mn | - |
| 8 | Fortive | 17.01 Bn | 16.64 Bn | 695.30 Mn | 67.50 Mn |
| 9 | RBC Bearings | 15.36 Bn | 15.24 Bn | 247.80 Mn | - |
| 10 | Regal Rexnord | 10.69 Bn | 10.25 Bn | 611.60 Mn | - |
Historic Data
Download Data
Historic 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 | 480.00 Mn |
| Sep 30, 2021 | 482.00 Mn |