Toyota Motor (TM) Gross Margin (2009 - 2026)
Toyota Motor (TM) posted quarterly Gross Margin of 38.72% for Q1 2026, up 2129.0% YoY from 1.74% in Q1 2025, and up 140.2% sequentially from 16.12% in Q4 2025.
Toyota Motor (TM) Gross Margin (2009 - 2026) Analysis & Trends
Toyota Motor has disclosed Gross Margin across 18 years of filings, most recently posting 38.72% for Q1 2026.
- In Q1 2026, Gross Margin rose 2129.0% year-over-year to 38.72%; the TTM figure through Mar 2026 stood at 24.77% (up 1351.0% YoY), while the FY2026 annual figure was 22.78%, down 330.0% from the prior year.
- Gross Margin climbed to 38.72% in Q1 2026, from 16.12% in the prior quarter.
- Over the last five years, Gross Margin for TM reached as high as 226.2% in Q1 2023 and fell as low as 1.18% in Q1 2024.
- The 5-year median for Gross Margin is 17.97% (2022), against an average of 35.14%.
- Annual changes were most pronounced in 2023 — Gross Margin surged 17401 bps — and 2024, when it tumbled 22502 bps.
- A 5-year view of Gross Margin shows it stood at 18.12% in 2022, then increased by 15 bps to 20.9% in 2023, then slipped by 9 bps to 19.09% in 2024, then decreased by 16 bps to 16.12% in 2025, then jumped by 140 bps to 38.72% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 38.72%, 16.12%, and 16.1% for Q1 2026, Q4 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 21.08% |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 18.36% |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 10.98% |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | 20.58% |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 8.62% |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | 7.87% |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | 19.03% |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -73.58% |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -110.35% |
| 10 | Toyota Motor | - | - | 39.87 Bn | 38.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.72% |
| Dec 31, 2025 | 16.12% |
| Jun 30, 2025 | 16.10% |
| Mar 31, 2025 | 17.42% |
| Jun 30, 2024 | 19.09% |
| Mar 31, 2024 | 1.18% |
| Dec 31, 2023 | 20.90% |
| Sep 30, 2023 | 19.78% |
| Jun 30, 2023 | 17.83% |
| Mar 31, 2023 | 226.20% |
| Dec 31, 2022 | 18.12% |
| Sep 30, 2022 | 13.74% |
| Jun 30, 2022 | 14.59% |
| Mar 31, 2022 | 52.20% |
| Dec 31, 2021 | 17.06% |
| Sep 30, 2021 | 16.53% |
| Jun 30, 2021 | 18.30% |
| Dec 31, 2020 | 18.33% |
| Sep 30, 2020 | 14.33% |
| Jun 30, 2020 | 8.44% |