3m annual r&d spending
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
3m R&D Spending Growth & History (MMM)
3m's r&d spending was $1.17B for fiscal 2025.
View full 3m company overview3m annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.17B | $469.0M | +67.00% |
| 2024 | 2024-12-31 | $700.0M | $0 | 0.00% |
| 2023 | 2023-12-31 | $700.0M | −$100.0M | −12.50% |
| 2022 | 2022-12-31 | $800.0M | −$400.0M | −33.33% |
| 2021 | 2021-12-31 | $1.20B | $100.0M | +9.09% |
| 2020 | 2020-12-31 | $1.10B | −$153.0M | −12.21% |
| 2019 | 2019-12-31 | $1.25B | $0 | 0.00% |
| 2018 | 2018-12-31 | $1.25B | −$99.0M | −7.32% |
| 2017 | 2017-12-31 | $1.35B | $104.0M | +8.33% |
| 2016 | 2016-12-31 | $1.25B | $25.0M | +2.04% |
| 2015 | 2015-12-31 | $1.22B | $30.0M | +2.51% |
| 2014 | 2014-12-31 | $1.19B | $43.0M | +3.74% |
| 2013 | 2013-12-31 | $1.15B | $71.0M | +6.58% |
| 2012 | 2012-12-31 | $1.08B | $43.0M | +4.15% |
| 2011 | 2011-12-31 | $1.04B | $117.0M | +12.73% |
| 2010 | 2010-12-31 | $919.0M | $81.0M | +9.67% |
| 2009 | 2009-12-31 | $838.0M | −$13.0M | −1.53% |
| 2008 | 2008-12-31 | $851.0M | — | — |
3m quarterly r&d spending
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $302.0M | $14.0M | +4.86% |
| Q1 2026 | 2026-03-31 | $308.0M | — | — |
| Q4 2025 | 2025-12-31 | $299.0M | — | — |
| Q3 2025 | 2025-09-30 | $297.0M | — | — |
| Q2 2025 | 2025-06-30 | $288.0M | — | — |
3m r&d spending trends
Over the last five fiscal years, 3m's r&d spending increased from $1.10B to $1.17B, a change of $69.0M. The latest reported quarter, Q2 2026, shows $302.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review 3m source filings ↗