Toyota Motor (TM) Gross Margin (2009 - 2026)
Toyota Motor (TM) reported Gross Margin of 38.72% for Q1 2026, up 2129.0% YoY from 1.74% in Q1 2025, and up 140.2% on a QoQ basis 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.
- On a quarterly basis, Gross Margin rose 2129.0% year-over-year to 38.72% in Q1 2026; TTM through Mar 2026 was 22.5%, a 373.0% increase from a year earlier, with the FY2026 full-year figure at 22.78%, down 330.0% from the prior year.
- Gross Margin for Q1 2026 stood at 38.72%, up from 16.12% in the prior quarter.
- The five-year high for Gross Margin was 267.32% in Q1 2023, with the low at 13.67% in Q3 2025.
- A 5-year average of 34.17% and a median of 17.83% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin surged 23276 bps in 2023, then slumped 25191 bps in 2024.
- Year by year, Gross Margin stood at 18.12% in 2022, then grew by 15 bps to 20.9% in 2023, then slipped by 15 bps to 17.75% in 2024, then fell by 9 bps to 16.12% in 2025, then soared by 140 bps to 38.72% in 2026.
- Business Quant data shows TM's Gross Margin at 38.72% in Q1 2026, 16.12% in Q4 2025, and 13.67% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,297.09 Bn | 1,252.41 Bn | 4.72 Bn | 21.08% |
| 2 | Toyota Motor | 440.56 Bn | 289.71 Bn | 39.87 Bn | 38.72% |
| 3 | Ferrari | 75.26 Bn | 73.46 Bn | 1.09 Bn | 51.89% |
| 4 | General Motors | 72.40 Bn | 50.02 Bn | 4.32 Bn | 10.98% |
| 5 | Ford Motor | 56.05 Bn | 25.60 Bn | 7.94 Bn | 18.36% |
| 6 | Rivian Automotive | 20.65 Bn | 15.84 Bn | 119.00 Mn | 8.62% |
| 7 | China Yuchai International | 14.25 Bn | 13.19 Bn | 317.01 Mn | 18.91% |
| 8 | VinFast Auto | 7.11 Bn | 10.11 Bn | -15,731.99 Bn | -39.92% |
| 9 | Digital Currency X Technology | 4.89 Bn | 4.89 Bn | - | - |
| 10 | Xpeng | 4.49 Bn | 1.59 Bn | 388.90 Mn | 20.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.72% |
| Dec 31, 2025 | 16.12% |
| Sep 30, 2025 | 13.67% |
| Jun 30, 2025 | 16.10% |
| Mar 31, 2025 | 17.42% |
| Dec 31, 2024 | 17.75% |
| Sep 30, 2024 | 19.76% |
| Jun 30, 2024 | 19.09% |
| Mar 31, 2024 | 15.40% |
| Dec 31, 2023 | 20.90% |
| Sep 30, 2023 | 19.78% |
| Jun 30, 2023 | 17.83% |
| Mar 31, 2023 | 267.32% |
| Dec 31, 2022 | 18.12% |
| Sep 30, 2022 | 13.74% |
| Jun 30, 2022 | 14.59% |
| Mar 31, 2022 | 34.56% |
| Dec 31, 2021 | 17.06% |
| Sep 30, 2021 | 16.53% |
| Jun 30, 2021 | 18.30% |