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
DateValue
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%