# 3M COMPANY (MMM) FY2025 Q1 P&L / Income Statement

- Company: 3M COMPANY (MMM)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-04-22, accession number 0000066740-25-000039
- Page: https://plicit.ai/financials/mmm/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/mmm-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2025-01-01 through 2025-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 5,954,000,000 US dollars
- **Cost of sales**: 3,478,000,000 US dollars
- **Gross profit (calculated)**: 2,476,000,000 US dollars
- **Operating expenses (calculated)**: 1,230,000,000 US dollars
- **Operating income**: 1,246,000,000 US dollars
- **Other expense (income), net**: 139,000,000 US dollars
- **Income from continuing operations before income taxes**: 1,385,000,000 US dollars
- **Provision for income taxes**: 265,000,000 US dollars
- **Net income attributable to 3M**: 1,116,000,000 US dollars
- **Safety and Industrial**: 2,745,000,000 US dollars
- **Transportation and Electronics**: 1,990,000,000 US dollars
- **Consumer**: 1,124,000,000 US dollars
- **Research, development and related expenses**: 285,000,000 US dollars
- **Selling, general and administrative expenses**: 945,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 5,859,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and Other**: 95,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Net income from discontinued operations, net of taxes**: 0 US dollars. Reported below-tax contribution to net income.
- **Less: net income attributable to noncontrolling interest**: negative 6,000,000 US dollars. Reported below-tax contribution to net income.
- **Income from unconsolidated subsidiaries, net of taxes**: 2,000,000 US dollars. Reported below-tax contribution to net income.
- **Safety and Industrial costs (calculated)**: 2,049,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Transportation and Electronics costs (calculated)**: 1,638,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Consumer costs (calculated)**: 905,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 116,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

## Chart details: Revenue by Geography (3 categories)

- Page: https://plicit.ai/financials/mmm/fy2025-q1-income-statement/revenue-by-geography-3-categories
- Chart image: https://plicit.ai/charts/mmm-fy2025-q1-revenue-by-geography-3-categories-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Geography (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 5,954,000,000 US dollars
- **Cost of sales**: 3,478,000,000 US dollars
- **Gross profit (calculated)**: 2,476,000,000 US dollars
- **Operating expenses (calculated)**: 1,230,000,000 US dollars
- **Operating income**: 1,246,000,000 US dollars
- **Other expense (income), net**: 139,000,000 US dollars
- **Income from continuing operations before income taxes**: 1,385,000,000 US dollars
- **Provision for income taxes**: 265,000,000 US dollars
- **Net income attributable to 3M**: 1,116,000,000 US dollars
- **Americas**: 3,207,000,000 US dollars
- **Asia Pacific**: 1,722,000,000 US dollars
- **Europe, Middle East and Africa**: 1,025,000,000 US dollars
- **Research, development and related expenses**: 285,000,000 US dollars
- **Selling, general and administrative expenses**: 945,000,000 US dollars
- **Net income from discontinued operations, net of taxes**: 0 US dollars. Reported below-tax contribution to net income.
- **Less: net income attributable to noncontrolling interest**: negative 6,000,000 US dollars. Reported below-tax contribution to net income.
- **Income from unconsolidated subsidiaries, net of taxes**: 2,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Geography (2 categories)

- Page: https://plicit.ai/financials/mmm/fy2025-q1-income-statement/revenue-by-geography-2-categories
- Chart image: https://plicit.ai/charts/mmm-fy2025-q1-revenue-by-geography-2-categories-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Geography (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 5,954,000,000 US dollars
- **Cost of sales**: 3,478,000,000 US dollars
- **Gross profit (calculated)**: 2,476,000,000 US dollars
- **Operating expenses (calculated)**: 1,230,000,000 US dollars
- **Operating income**: 1,246,000,000 US dollars
- **Other expense (income), net**: 139,000,000 US dollars
- **Income from continuing operations before income taxes**: 1,385,000,000 US dollars
- **Provision for income taxes**: 265,000,000 US dollars
- **Net income attributable to 3M**: 1,116,000,000 US dollars
- **UNITED STATES**: 2,600,000,000 US dollars
- **China/Hong Kong**: 700,000,000 US dollars
- **Undisclosed (calculated)**: 2,654,000,000 US dollars
- **Research, development and related expenses**: 285,000,000 US dollars
- **Selling, general and administrative expenses**: 945,000,000 US dollars
- **Net income from discontinued operations, net of taxes**: 0 US dollars. Reported below-tax contribution to net income.
- **Less: net income attributable to noncontrolling interest**: negative 6,000,000 US dollars. Reported below-tax contribution to net income.
- **Income from unconsolidated subsidiaries, net of taxes**: 2,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.