Honda Motor (HMC) Research & Development (2009 - 2025)

Honda Motor (HMC) reported Research & Development of -$2.1 billion for Q4 2025, down 18.65% on a YoY basis from -$2.6 billion in Q4 2024, and down 5.67% quarter-over-quarter from -$2.0 billion in Q3 2025.

Honda Motor (HMC) Research & Development (2009 - 2025) Analysis & Trends

Honda Motor has reported Research & Development for 17 years, with the latest figure at -$2.1 billion in Q4 2025.

  • For the quarter ending Q4 2025, Research & Development fell 18.65% year-over-year to -$2.1 billion; the trailing twelve-month figure through Dec 2025 stood at $6.0 billion (up 165.44% YoY), and the FY2025 full-year result was $7.2 billion, up 15.63% from the prior year.
  • Research & Development for Q4 2025 stood at -$2.1 billion, down from -$2.0 billion in the prior quarter.
  • The five-year high for Research & Development was $12.1 billion in Q1 2025, with the low at -$4.3 billion in Q4 2023.
  • Historically, Research & Development has averaged -$1.1 billion across 5 years, with a median of -$1.7 billion in 2021.
  • Annual changes were most pronounced in 2023 — Research & Development plunged 173.37% — and 2024, when it soared 58.78%.
  • Honda Motor's Research & Development stood at -$1.8 billion in 2021, then advanced by 13.24% to -$1.6 billion in 2022, then tumbled by 173.37% to -$4.3 billion in 2023, then soared by 58.78% to -$1.8 billion in 2024, then slipped by 18.65% to -$2.1 billion in 2025.
  • The last three Research & Development figures came in at -$2.1 billion (Q4 2025), -$2.0 billion (Q3 2025), and -$2.0 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Tesla 1,264.49 Bn 1,219.81 Bn 4.72 Bn 1.95 Bn
2 Toyota Motor 448.54 Bn 321.13 Bn 9.14 Bn -
3 General Motors 74.80 Bn 52.42 Bn 4.32 Bn -
4 Ferrari 71.95 Bn 70.15 Bn 1.09 Bn 278.21 Mn
5 Ford Motor 59.47 Bn 29.01 Bn 7.94 Bn -
6 Rivian Automotive 20.42 Bn 15.62 Bn 119.00 Mn 458.00 Mn
7 China Yuchai International 16.65 Bn 15.59 Bn 317.01 Mn -124.48 Mn
8 VinFast Auto 7.51 Bn 10.51 Bn -15,731.99 Bn -2,869.36 Bn
9 Digital Currency X Technology 5.68 Bn 5.68 Bn - -
10 Honda Motor 14,932.10 -39.23 Bn 7.03 Bn -2.09 Bn

Historic Data

Download Data
DateValue
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 -4.27 Bn
Sep 30, 2023 -1.43 Bn
Jun 30, 2023 -1.44 Bn
Dec 31, 2022 -1.56 Bn
Sep 30, 2022 -1.45 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