3M (MMM) r&d spend was $700M in FY2024 (+0% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2024
$700M
+0%
2023
$700M
-12%
2022
$800M
-33%
2021
$1.2B
+9%
2020
$1.1B
-12%
2019
$1.3B
+0%
2018
$1.3B
-7%
2017
$1.4B
+8%
2016
$1.2B
+2%
2015
$1.2B
+3%
2014
$1.2B
+4%
2013
$1.1B
+7%
2012
$1.1B
+4%
2011
$1.0B
+13%
2010
$919M
+10%
2009
$838M
-2%
2008
$851M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q4 2024
$700M
Q4 2023
$700M
Q4 2022
$800M
Q4 2021
$1.2B
Q4 2020
$1.1B
Q4 2019
$1.3B
Q4 2018
$1.3B
Q4 2017
$1.4B
Q4 2016
$1.2B
Q4 2015
$1.2B
Q4 2014
$1.2B
Q4 2013
$1.1B
Source: MMM on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.