3M Transportation and Electronics — Research, development and related expenses decreased by 1.6% to $121.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.7%, from $119.00M to $121.00M. Over 3 years (FY 2022 to FY 2025), Transportation and Electronics — Research, development and related expenses shows relatively stable performance with a 0.8% CAGR.
Higher spending indicates a focus on long-term innovation, though it may temporarily compress current operating margins.
This represents the investment in innovation, new product development, and proprietary technology specifically for the T...
Common in technology-heavy industrial firms that rely on R&D for market leadership.
mmm_segment_transportation_and_electronics_research_development_and_related_expenses| 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 | $118.50M | $118.50M | $118.50M | $118.50M | $114.50M | $114.50M | $114.50M | $114.50M | $105.00M | $118.00M | $117.00M | $120.00M | $119.00M | $121.00M | $123.00M | $123.00M | $121.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -3.4% | +0.0% | +0.0% | +0.0% | -8.3% | +12.4% | -0.8% | +2.6% | -0.8% | +1.7% | +1.7% | +0.0% | -1.6% |
| YoY Change | — | — | — | — | -3.4% | -3.4% | -3.4% | -3.4% | -8.3% | +3.1% | +2.2% | +4.8% | +13.3% | +2.5% | +5.1% | +2.5% | +1.7% |