Honda Motor (HNDAF) Research & Development (2009 - 2025)
Honda Motor (HNDAF) 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 (HNDAF) 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 | - | - | 7.03 Bn | -2.09 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |