3M Inventories increased by 0.8% to $3.69B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.6%, from $3.87B to $3.69B. Over 5 years (FY 2020 to FY 2025), Inventories shows a downward trend with a -2.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase might suggest overproduction or weakening demand, while a decrease could indicate strong sales or potential supply chain shortages.
The carrying value of raw materials, work-in-process, and finished goods awaiting sale to consumers or enterprise client...
Consumer electronics firms strive for high inventory turnover to mitigate the risk of rapid technological depreciation.
inventories| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $4.84B | $4.95B | $4.99B | $5.29B | $5.65B | $5.62B | $5.37B | $5.31B | $5.28B | $5.07B | $4.82B | $4.90B | $4.06B | $4.04B | $3.70B | $3.87B | $4.08B | $3.89B | $3.66B | $3.69B |
| QoQ Change | — | +2.2% | +0.7% | +6.1% | +6.7% | -0.5% | -4.3% | -1.2% | -0.5% | -4.1% | -4.8% | +1.6% | -17.1% | -0.5% | -8.4% | +4.6% | +5.4% | -4.5% | -6.0% | +0.8% |
| YoY Change | — | — | — | — | +16.6% | +13.4% | +7.8% | +0.3% | -6.5% | -9.8% | -10.2% | -7.7% | -23.1% | -20.3% | -23.3% | -21.0% | +0.4% | -3.6% | -1.0% | -4.6% |