Honda Motor (HMC) Tax Provisions (2009 - 2026)

Honda Motor's (HMC) quarterly Tax Provisions came in at $1.6 billion in Q1 2026, down 68.69% YoY from $5.1 billion in Q1 2025, and up 301.12% on a QoQ basis from -$795.5 million in Q4 2025.

Honda Motor (HMC) Tax Provisions (2009 - 2026) Analysis & Trends

Honda Motor (HMC) has 18 years of Tax Provisions data on file, last reported at $1.6 billion in Q1 2026.

  • Quarterly Tax Provisions fell 68.69% year-over-year to $1.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$418.4 million (down 115.89% YoY) and the FY2026 annual result came in at -$334.0 million, up 90.28% from the prior year.
  • Tax Provisions grew to $1.6 billion in Q1 2026, from -$795.5 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $5.1 billion in Q1 2025 to a low of -$2.7 billion in Q4 2023.
  • A 5-year average of -$384.8 million and a median of -$692.3 million in 2022 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2022 — Tax Provisions sank 238.87% — and 2024, when it soared 63.3%.
  • Tracing HMC's Tax Provisions over 5 years: stood at -$2.3 billion in 2022, then slipped by 16.78% to -$2.7 billion in 2023, then soared by 63.3% to -$986.8 million in 2024, then rose by 19.39% to -$795.5 million in 2025, then surged by 301.12% to $1.6 billion in 2026.
  • The last three Tax Provisions figures came in at $1.6 billion (Q1 2026), -$795.5 million (Q4 2025), and -$687.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn 201.00 Mn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn 2.59 Bn
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn 1.29 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn -711.00 Mn
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn 214.00 Mn
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn 47.14 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn -1.34 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn -1.00 Mn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn 240.61 Mn
10 Nio 11.72 Bn 7.14 Bn 704.43 Mn -1.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.60 Bn
Dec 31, 2025 -795.54 Mn
Sep 30, 2025 -687.65 Mn
Jun 30, 2025 -535.20 Mn
Mar 31, 2025 5.11 Bn
Dec 31, 2024 -986.84 Mn
Sep 30, 2024 -469.01 Mn
Jun 30, 2024 -1.02 Bn
Dec 31, 2023 -2.69 Bn
Jun 30, 2023 -963.04 Mn
Dec 31, 2022 -2.30 Bn
Jun 30, 2022 -570.84 Mn
Mar 31, 2022 -692.30 Mn
Dec 31, 2021 -679.50 Mn
Sep 30, 2021 -709.96 Mn
Jun 30, 2021 -672.70 Mn
Mar 31, 2021 -300.43 Mn
Dec 31, 2020 -833.49 Mn
Sep 30, 2020 -877.43 Mn
Jun 30, 2020 -278.43 Mn