3M Transportation and Electronics — Cost of Sales decreased by 23.3% to $1.10B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.9%, from $1.24B to $1.10B. Over 3 years (FY 2022 to FY 2025), Transportation and Electronics — Cost of Sales shows relatively stable performance with a -0.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A lower ratio of cost of sales to net sales indicates improved manufacturing efficiency or better pricing power.
This includes the direct costs attributable to the production of goods sold within the Transportation and Electronics se...
Standard cost of goods sold metric found in all manufacturing-based segment reporting.
mmm_segment_transportation_and_electronics_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 | $1.35B | $1.35B | $1.35B | $1.35B | $1.38B | $1.38B | $1.38B | $1.38B | $1.25B | $1.26B | $1.27B | $1.34B | $1.24B | $1.28B | $1.32B | $1.43B | $1.10B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +2.1% | +0.0% | +0.0% | +0.0% | -9.8% | +0.8% | +1.2% | +5.2% | -7.0% | +2.7% | +3.5% | +8.0% | -23.3% |
| YoY Change | — | — | — | — | +2.1% | +2.1% | +2.1% | +2.1% | -9.8% | -9.1% | -8.0% | -3.3% | -0.2% | +1.8% | +4.1% | +6.9% | -11.9% |