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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn 2.37 Bn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn -
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn 15.60 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn -
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn -
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn -394.63 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn -421.43 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn 466.00 Mn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn 1.52 Bn
10 Nio 11.72 Bn 7.14 Bn 704.43 Mn -273.27 Mn

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 -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
Jun 30, 2020 -1.51 Bn