Honda Motor (HMC) Research & Development (2009 - 2026)

Honda Motor (HMC) posted Research & Development of $15.6 billion for Q1 2026, up 846.7% quarter-over-quarter from -$2.1 billion in Q4 2025, and up 28.95% year-on-year from $12.1 billion in Q1 2025.

Honda Motor (HMC) Research & Development (2009 - 2026) Analysis & Trends

Honda Motor (HMC) has reported Research & Development for 18 consecutive years, with $15.6 billion the latest figure, recorded in Q1 2026.

  • Research & Development for Q1 2026 came in at $15.6 billion, up 28.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.5 billion (up 32.26% YoY), and the FY2026 annual result was $10.2 billion, up 41.8% from the prior year.
  • Research & Development was $15.6 billion for Q1 2026 at Honda Motor, up from -$2.1 billion in the prior quarter.
  • Over five years, Research & Development peaked at $15.6 billion in Q1 2026 and troughed at -$4.4 billion in Q4 2023.
  • Average Research & Development over 5 years is $457.3 million, with a median of -$1.8 billion recorded in 2024.
  • Year-over-year, Research & Development plunged 182.69% in 2023 and surged 60.14% in 2024.
  • Over 5 years, Research & Development stood at -$1.6 billion in 2022, then slumped by 182.69% to -$4.4 billion in 2023, then jumped by 60.14% to -$1.8 billion in 2024, then fell by 18.65% to -$2.1 billion in 2025, then surged by 846.7% to $15.6 billion in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $15.6 billion in Q1 2026, -$2.1 billion in Q4 2025, and -$2.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 1.95 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn -
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn -
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -421.43 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn 458.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -394.63 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn -273.27 Mn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -2,535.42 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn 335.67 Mn
10 Honda Motor - - -34.06 Bn 15.60 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.60 Bn
Dec 31, 2025 -2.09 Bn
Sep 30, 2025 -1.98 Bn
Jun 30, 2025 -2.02 Bn
Mar 31, 2025 12.10 Bn
Dec 31, 2024 -1.76 Bn
Sep 30, 2024 -1.76 Bn
Jun 30, 2024 -1.39 Bn
Dec 31, 2023 -4.42 Bn
Jun 30, 2023 -1.44 Bn
Dec 31, 2022 -1.62 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
Jun 30, 2020 -1.51 Bn