Honda Motor (HMC) Operating Expenses (2009 - 2025)
Honda Motor (HMC) reported Operating Expenses of -$33.7 billion for Q4 2025, little changed on a YoY basis from -$33.7 billion in Q4 2024, and up 2.54% quarter-over-quarter from -$34.6 billion in Q3 2025.
Honda Motor (HMC) Operating Expenses (2009 - 2025) Analysis & Trends
Honda Motor has reported Operating Expenses for 17 years, with the latest figure at -$33.7 billion in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses changed 0.14% year-over-year to -$33.7 billion; the trailing twelve-month figure through Dec 2025 stood at $130.2 billion (up 230.48% YoY), and the FY2025 full-year result was $134.2 billion, up 4.42% from the prior year.
- Operating Expenses for Q4 2025 stood at -$33.7 billion, up from -$34.6 billion in the prior quarter.
- The five-year high for Operating Expenses was $233.8 billion in Q1 2025, with the low at -$94.2 billion in Q4 2023.
- Historically, Operating Expenses has averaged -$20.4 billion across 5 years, with a median of -$31.6 billion in 2022.
- Annual changes were most pronounced in 2023 — Operating Expenses plunged 220.06% — and 2024, when it jumped 64.15%.
- Honda Motor's Operating Expenses stood at -$30.4 billion in 2021, then advanced by 3.3% to -$29.4 billion in 2022, then sank by 220.06% to -$94.2 billion in 2023, then jumped by 64.15% to -$33.8 billion in 2024, then rose by 0.14% to -$33.7 billion in 2025.
- The last three Operating Expenses figures came in at -$33.7 billion (Q4 2025), -$34.6 billion (Q3 2025), and -$35.2 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,264.49 Bn | 1,219.81 Bn | 4.72 Bn | 3.78 Bn |
| 2 | Toyota Motor | 448.54 Bn | 321.13 Bn | 9.14 Bn | 76.70 Bn |
| 3 | General Motors | 74.80 Bn | 52.42 Bn | 4.32 Bn | 40.70 Bn |
| 4 | Ferrari | 71.95 Bn | 70.15 Bn | 1.09 Bn | 479.59 Mn |
| 5 | Ford Motor | 59.47 Bn | 29.01 Bn | 7.94 Bn | 40.92 Bn |
| 6 | Rivian Automotive | 20.42 Bn | 15.62 Bn | 119.00 Mn | 1.00 Bn |
| 7 | China Yuchai International | 16.65 Bn | 15.59 Bn | 317.01 Mn | -282.20 Mn |
| 8 | VinFast Auto | 7.51 Bn | 10.51 Bn | -15,731.99 Bn | -11,212.24 Bn |
| 9 | Digital Currency X Technology | 5.68 Bn | 5.68 Bn | - | - |
| 10 | Honda Motor | 14,932.10 | -39.23 Bn | 7.03 Bn | -33.72 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -94.19 Bn |
| Sep 30, 2023 | -32.42 Bn |
| Jun 30, 2023 | -30.87 Bn |
| Dec 31, 2022 | -29.43 Bn |
| Sep 30, 2022 | -29.14 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 |