3M Safety and Industrial — Cost of Sales decreased by 0.5% to $1.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $1.47B to $1.57B. Over 3 years (FY 2022 to FY 2025), Safety and Industrial — Cost of Sales shows relatively stable performance with a -1.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A decrease relative to sales indicates improved manufacturing efficiency or lower input costs, while an increase may signal rising production expenses.
This represents the direct costs attributable to the production of goods sold within the Safety and Industrial segment,...
Standard cost of goods sold metric for industrial manufacturing segments.
mmm_segment_safety_and_industrial_cost_of_sales| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.63B | $1.63B | $1.63B | $1.63B | $1.53B | $1.53B | $1.53B | $1.53B | $1.49B | $1.46B | $1.49B | $1.52B | $1.47B | $1.54B | $1.59B | $1.58B | $1.57B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -5.7% | +0.0% | +0.0% | +0.0% | -3.1% | -1.7% | +2.1% | +2.0% | -3.5% | +4.6% | +3.2% | -0.4% | -0.5% |
| YoY Change | — | — | — | — | -5.7% | -5.7% | -5.7% | -5.7% | -3.1% | -4.7% | -2.7% | -0.7% | -1.1% | +5.1% | +6.2% | +3.7% | +6.9% |