Honda Motor (HMC) Cost of Revenue (2009 - 2026)
Honda Motor's (HMC) quarterly Cost of Revenue came in at $29.6 billion in Q2 2026, little changed on a YoY basis from $29.5 billion in Q2 2025, and down 14.89% quarter-over-quarter from $34.7 billion in Q1 2026.
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Analysis
Honda Motor (HMC) Cost of Revenue (2009 - 2026) Analysis & Trends
Honda Motor (HMC) has reported Cost of Revenue for 18 consecutive years, with $29.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue changed 0.22% year-over-year to $29.6 billion; the trailing twelve-month figure through Jun 2026 stood at $120.6 billion (up 5.56% YoY), and the FY2026 full-year result was $120.9 billion, up 8.14% from the prior year.
- Cost of Revenue eased to $29.6 billion in Q2 2026 per HMC's latest filing, from $34.7 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $79.4 billion in Q4 2023 and bottomed at $23.7 billion in Q2 2022.
- Historically, Cost of Revenue has averaged $34.9 billion across 5 years, with a median of $28.5 billion in 2024.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue surged 176.33% in 2022, then slumped 63.96% in 2024.
- Over 5 years, Cost of Revenue stood at $71.1 billion in 2022, then grew by 11.68% to $79.4 billion in 2023, then plunged by 63.96% to $28.6 billion in 2024, then declined by 3.27% to $27.7 billion in 2025, then grew by 6.81% to $29.6 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $29.6 billion, $34.7 billion, and $27.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,226.50 Bn | 1,183.58 Bn | 4.75 Bn | 23.49 Bn |
| 2 | Toyota Motor | 250.64 Bn | 172.66 Bn | 12.27 Bn | 63.91 Bn |
| 3 | Ferrari | 153.43 Bn | 151.68 Bn | 1.18 Bn | 1.07 Bn |
| 4 | Honda Motor | 147.05 Bn | 108.59 Bn | 8.46 Bn | 29.57 Bn |
| 5 | General Motors | 73.24 Bn | 50.16 Bn | 7.33 Bn | 40.70 Bn |
| 6 | Ford Motor | 51.31 Bn | 20.01 Bn | 6.08 Bn | 42.22 Bn |
| 7 | Rivian Automotive | 20.62 Bn | 15.33 Bn | 179.00 Mn | 1.48 Bn |
| 8 | Magna International | 17.88 Bn | 16.79 Bn | 1.61 Bn | 9.37 Bn |
| 9 | Stellantis | 14.02 Bn | -29.10 Bn | 5.55 Bn | 44.99 Bn |
| 10 | Li Auto | 11.82 Bn | -670.23 Mn | 417.98 Mn | 3.36 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.57 Bn |
| Mar 31, 2026 | 34.74 Bn |
| Dec 31, 2025 | 27.69 Bn |
| Sep 30, 2025 | 28.60 Bn |
| Jun 30, 2025 | 29.51 Bn |
| Mar 31, 2025 | 27.67 Bn |
| Dec 31, 2024 | 28.62 Bn |
| Sep 30, 2024 | 28.44 Bn |
| Jun 30, 2024 | 27.03 Bn |
| Dec 31, 2023 | 79.41 Bn |
| Jun 30, 2023 | 26.47 Bn |
| Dec 31, 2022 | 71.11 Bn |
| Jun 30, 2022 | 23.69 Bn |
| Mar 31, 2022 | 26.51 Bn |
| Dec 31, 2021 | 25.73 Bn |
| Sep 30, 2021 | 24.67 Bn |
| Jun 30, 2021 | 26.00 Bn |
| Mar 31, 2021 | 26.88 Bn |
| Dec 31, 2020 | 28.15 Bn |
| Sep 30, 2020 | 27.16 Bn |
API Access
Honda Motor Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HMC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();