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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn 4.35 Bn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn 78.18 Bn
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn 239.73 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn 47.66 Bn
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn 46.57 Bn
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn -696.85 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn -660.64 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn 1.02 Bn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn 4.85 Bn
10 Nio 11.72 Bn 7.14 Bn 704.43 Mn -749.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 239.73 Bn
Dec 31, 2025 -33.72 Bn
Sep 30, 2025 -34.60 Bn
Jun 30, 2025 -35.22 Bn
Mar 31, 2025 233.76 Bn
Dec 31, 2024 -33.77 Bn
Sep 30, 2024 -34.42 Bn
Jun 30, 2024 -31.61 Bn
Dec 31, 2023 -97.40 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
Jun 30, 2020 -20.80 Bn