Honda Motor (HMC) Research & Development (2009 - 2026)
Honda Motor's (HMC) quarterly Research & Development came in at $15.6 billion in Q1 2026, up 28.95% YoY from $12.1 billion in Q1 2025, and up 846.7% on a QoQ basis from -$2.1 billion in Q4 2025.
Analysis
Honda Motor (HMC) Research & Development (2009 - 2026) Analysis & Trends
Honda Motor (HMC) has 18 years of Research & Development data on file, last reported at $15.6 billion in Q1 2026.
- Quarterly Research & Development rose 28.95% year-over-year to $15.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.5 billion (up 32.26% YoY) and the FY2026 annual result came in at $10.2 billion, up 41.8% from the prior year.
- Research & Development rose to $15.6 billion in Q1 2026, from -$2.1 billion in the prior quarter.
- In the past five years, Research & Development ranged from a high of $15.6 billion in Q1 2026 to a low of -$4.4 billion in Q4 2023.
- A 5-year average of $249.8 million and a median of -$1.8 billion in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development sank 136.57% — and 2024, when it soared 60.14%.
- Tracing HMC's Research & Development over 5 years: stood at -$4.3 billion in 2022, then decreased by 3.68% to -$4.4 billion in 2023, then jumped by 60.14% to -$1.8 billion in 2024, then slipped by 18.65% to -$2.1 billion in 2025, then surged by 846.7% to $15.6 billion in 2026.
- The last three Research & Development figures came in at $15.6 billion (Q1 2026), -$2.1 billion (Q4 2025), and -$2.0 billion (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,151.92 Bn | 1,108.39 Bn | 4.75 Bn | 2.37 Bn |
| 2 | Toyota Motor | 255.99 Bn | 127.54 Bn | 12.27 Bn | - |
| 3 | Honda Motor | 129.45 Bn | 89.32 Bn | 8.46 Bn | -1.53 Bn |
| 4 | Ford Motor | 80.26 Bn | 48.92 Bn | 6.08 Bn | - |
| 5 | General Motors | 76.22 Bn | 51.50 Bn | 7.33 Bn | - |
| 6 | Ferrari | 73.68 Bn | 71.93 Bn | 1.18 Bn | 252.82 Mn |
| 7 | Rivian Automotive | 20.68 Bn | 15.37 Bn | 179.00 Mn | 466.00 Mn |
| 8 | Stellantis | 15.20 Bn | -26.25 Bn | 5.55 Bn | 1.52 Bn |
| 9 | Li Auto | 12.07 Bn | -504.83 Mn | 417.98 Mn | -409.08 Mn |
| 10 | Xpeng | 10.54 Bn | 8.22 Bn | 601.83 Mn | -429.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.53 Bn |
| Mar 31, 2026 | -4.05 Bn |
| Dec 31, 2025 | -2.09 Bn |
| Sep 30, 2025 | -1.98 Bn |
| Jun 30, 2025 | -2.02 Bn |
| Mar 31, 2025 | -2.32 Bn |
| Dec 31, 2024 | -1.76 Bn |
| Sep 30, 2024 | -1.76 Bn |
| Jun 30, 2024 | -1.39 Bn |
| Dec 31, 2023 | -4.27 Bn |
| Jun 30, 2023 | -1.44 Bn |
| Dec 31, 2022 | -4.26 Bn |
| Jun 30, 2022 | -1.40 Bn |
| Mar 31, 2022 | -1.92 Bn |
| Dec 31, 2021 | -1.80 Bn |
| Sep 30, 2021 | -1.65 Bn |
| Jun 30, 2021 | -1.62 Bn |
| Mar 31, 2021 | -2.25 Bn |
| Dec 31, 2020 | -1.64 Bn |
| Sep 30, 2020 | -1.57 Bn |