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
DateValue
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%