Business Segments · Cost of Sales
Transportation and Electronics — Cost of Sales
3M Transportation and Electronics — Cost of Sales decreased by 23.3% to $1.1B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $1.07B to $1.1B. Over 3 years (FY 2022 to FY 2025), Transportation and Electronics — Cost of Sales shows relatively stable performance with a -2.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026Apr 21, 2026
Rolls up toTotal Cost of Revenue
How to read this metric
A lower ratio of cost of sales to net sales indicates improved manufacturing efficiency or better pricing power.
Detailed definition
This includes the direct costs attributable to the production of goods sold within the Transportation and Electronics se...
Peer comparison
Standard cost of goods sold metric found in all manufacturing-based segment reporting.
Metric ID:
mmm_segment_transportation_and_electronics_cost_of_salesHistorical Data
17 periods
| 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 | $1.07B | $1.28B | $1.32B | $1.43B | $1.1B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +2.1% | +0.0% | +0.0% | +0.0% | -9.8% | +0.8% | +1.2% | +5.2% | -20.2% | +19.8% | +3.5% | +8.0% | -23.3% |
| YoY Change | — | — | — | — | +2.1% | +2.1% | +2.1% | +2.1% | -9.8% | -9.1% | -8.0% | -3.3% | -14.4% | +1.8% | +4.1% | +6.9% | +2.7% |
Range$1.07B – $1.43B
CAGR-5.2%
Avg YoY Growth-1.6%
Median YoY Growth+2.1%
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Frequently Asked Questions
- What is 3M's transportation and electronics — cost of sales?
- 3M (MMM) reported transportation and electronics — cost of sales of $1.1B in Q1 2026.
- How has 3M's transportation and electronics — cost of sales changed year-over-year?
- 3M's transportation and electronics — cost of sales increased by 2.7% year-over-year, from $1.07B to $1.1B.
- What is the long-term trend for 3M's transportation and electronics — cost of sales?
- Over 3 years (2022 to 2025), 3M's transportation and electronics — cost of sales has grown at a -2.0% compound annual growth rate (CAGR), from $5.41B to $5.09B.
- What does transportation and electronics — cost of sales mean?
- The direct costs incurred to manufacture and deliver products within the Transportation and Electronics segment.