Honda Motor (HMC) Operating Expenses (2009 - 2026)
Honda Motor's (HMC) quarterly Operating Expenses came in at -$34.7 billion in Q2 2026, up 1.48% on a YoY basis from -$34.2 billion in Q2 2025, and up 20.29% quarter-over-quarter from -$43.5 billion in Q1 2026.
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Analysis
Honda Motor (HMC) Operating Expenses (2009 - 2026) Analysis & Trends
Honda Motor (HMC) has reported Operating Expenses for 18 consecutive years, with -$34.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 1.48% year-over-year to -$34.7 billion; the trailing twelve-month figure through Jun 2026 stood at -$146.6 billion (down 6.15% YoY), and the FY2026 full-year result was -$147.6 billion, down 9.77% from the prior year.
- Operating Expenses improved to -$34.7 billion in Q2 2026 per HMC's latest filing, from -$43.5 billion in the prior quarter.
- Across five years, Operating Expenses topped out at -$27.9 billion in Q2 2022 and bottomed at -$94.2 billion in Q4 2023.
- Historically, Operating Expenses has averaged -$41.7 billion across 5 years, with a median of -$34.5 billion in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses plunged 174.21% in 2022, then surged 64.15% in 2024.
- Over 5 years, Operating Expenses stood at -$83.5 billion in 2022, then dropped by 12.87% to -$94.2 billion in 2023, then soared by 64.15% to -$33.8 billion in 2024, then advanced by 0.14% to -$33.7 billion in 2025, then slipped by 2.9% to -$34.7 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$34.7 billion, -$43.5 billion, and -$33.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,226.50 Bn | 1,183.58 Bn | 4.75 Bn | 4.35 Bn |
| 2 | Toyota Motor | 250.64 Bn | 172.66 Bn | 12.27 Bn | 78.18 Bn |
| 3 | Ferrari | 153.43 Bn | 151.68 Bn | 1.18 Bn | 471.42 Mn |
| 4 | Honda Motor | 147.05 Bn | 108.59 Bn | 8.46 Bn | -34.70 Bn |
| 5 | General Motors | 73.24 Bn | 50.16 Bn | 7.33 Bn | 46.57 Bn |
| 6 | Ford Motor | 51.31 Bn | 20.01 Bn | 6.08 Bn | 47.66 Bn |
| 7 | Rivian Automotive | 20.62 Bn | 15.33 Bn | 179.00 Mn | 1.02 Bn |
| 8 | Magna International | 17.88 Bn | 16.79 Bn | 1.61 Bn | 273.20 Mn |
| 9 | Stellantis | 14.02 Bn | -29.10 Bn | 5.55 Bn | 4.85 Bn |
| 10 | Li Auto | 11.82 Bn | -670.23 Mn | 417.98 Mn | -757.09 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 |
API Access
Honda Motor Operating Expenses 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=operating-expenses&ticker=HMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=HMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();