3M Prepaid expenses increased by 4.1% to $407.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.1%, from $485.00M to $407.00M. Over 5 years (FY 2020 to FY 2025), Prepaid expenses shows a downward trend with a -10.3% CAGR.
Significant fluctuations may indicate changes in procurement timing or shifts in operational scale.
These are payments made in advance for goods or services that will be received or consumed within the next fiscal year....
Standard across all industries as a routine component of current assets.
other_prepaid_expense_current| 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 | $633.00M | $501.00M | $654.00M | $561.00M | $588.00M | $467.00M | $435.00M | $558.00M | $674.00M | $578.00M | $485.00M | $655.00M | $444.00M | $470.00M | $436.00M | $485.00M | $642.00M | $514.00M | $391.00M | $407.00M |
| QoQ Change | — | -20.9% | +30.5% | -14.2% | +4.8% | -20.6% | -6.9% | +28.3% | +20.8% | -14.2% | -16.1% | +35.1% | -32.2% | +5.9% | -7.2% | +11.2% | +32.4% | -19.9% | -23.9% | +4.1% |
| YoY Change | — | — | — | — | -7.1% | -6.8% | -33.5% | -0.5% | +14.6% | +23.8% | +11.5% | +17.4% | -34.1% | -18.7% | -10.1% | -26.0% | +44.6% | +9.4% | -10.3% | -16.1% |