Honda Motor (HMC) Operating Expenses (2009 - 2026)
Honda Motor's (HMC) quarterly Operating Expenses came in at $239.7 billion in Q1 2026, up 2.55% YoY from $233.8 billion in Q1 2025, and up 810.9% on a QoQ basis from -$33.7 billion in Q4 2025.
Analysis
Honda Motor (HMC) Operating Expenses (2009 - 2026) Analysis & Trends
Honda Motor (HMC) has 18 years of Operating Expenses data on file, last reported at $239.7 billion in Q1 2026.
- Quarterly Operating Expenses rose 2.55% year-over-year to $239.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $136.2 billion (up 1.66% YoY) and the FY2026 annual result came in at $147.6 billion, up 9.77% from the prior year.
- Operating Expenses rose to $239.7 billion in Q1 2026, from -$33.7 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $239.7 billion in Q1 2026 to a low of -$97.4 billion in Q4 2023.
- A 5-year average of -$84.8 million and a median of -$33.7 billion in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses tumbled 174.21% — and 2024, when it surged 65.33%.
- Tracing HMC's Operating Expenses over 5 years: stood at -$83.5 billion in 2022, then retreated by 16.72% to -$97.4 billion in 2023, then surged by 65.33% to -$33.8 billion in 2024, then rose by 0.14% to -$33.7 billion in 2025, then surged by 810.9% to $239.7 billion in 2026.
- The last three Operating Expenses figures came in at $239.7 billion (Q1 2026), -$33.7 billion (Q4 2025), and -$34.6 billion (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,151.92 Bn | 1,108.39 Bn | 4.75 Bn | 4.35 Bn |
| 2 | Toyota Motor | 255.99 Bn | 127.54 Bn | 12.27 Bn | 78.18 Bn |
| 3 | Honda Motor | 129.45 Bn | 89.32 Bn | 8.46 Bn | -34.70 Bn |
| 4 | Ford Motor | 80.26 Bn | 48.92 Bn | 6.08 Bn | 47.66 Bn |
| 5 | General Motors | 76.22 Bn | 51.50 Bn | 7.33 Bn | 46.57 Bn |
| 6 | Ferrari | 73.68 Bn | 71.93 Bn | 1.18 Bn | 471.42 Mn |
| 7 | Rivian Automotive | 20.68 Bn | 15.37 Bn | 179.00 Mn | 1.02 Bn |
| 8 | Stellantis | 15.20 Bn | -26.25 Bn | 5.55 Bn | 4.85 Bn |
| 9 | Li Auto | 12.07 Bn | -504.83 Mn | 417.98 Mn | -757.09 Mn |
| 10 | Xpeng | 10.54 Bn | 8.22 Bn | 601.83 Mn | -770.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -34.70 Bn |
| Mar 31, 2026 | -43.53 Bn |
| Dec 31, 2025 | -33.72 Bn |
| Sep 30, 2025 | -34.60 Bn |
| Jun 30, 2025 | -35.22 Bn |
| Mar 31, 2025 | -34.65 Bn |
| Dec 31, 2024 | -33.77 Bn |
| Sep 30, 2024 | -34.42 Bn |
| Jun 30, 2024 | -31.61 Bn |
| Dec 31, 2023 | -94.19 Bn |
| Jun 30, 2023 | -30.87 Bn |
| Dec 31, 2022 | -83.45 Bn |
| Jun 30, 2022 | -27.89 Bn |
| Mar 31, 2022 | -31.63 Bn |
| Dec 31, 2021 | -30.43 Bn |
| Sep 30, 2021 | -29.12 Bn |
| Jun 30, 2021 | -30.52 Bn |
| Mar 31, 2021 | -32.22 Bn |
| Dec 31, 2020 | -33.44 Bn |
| Sep 30, 2020 | -31.72 Bn |