Toyota Motor (TM) Operating Expenses (2009 - 2026)

Toyota Motor (TM) reported Operating Expenses of $76.7 billion for Q1 2026, up 4.04% YoY from $73.7 billion in Q1 2025, and down 3.77% on a QoQ basis from $79.7 billion in Q4 2025.

Toyota Motor (TM) Operating Expenses (2009 - 2026) Analysis & Trends

Toyota Motor has disclosed Operating Expenses across 18 years of filings, most recently posting $76.7 billion for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 4.04% year-over-year to $76.7 billion in Q1 2026; TTM through Mar 2026 was $311.3 billion, a 9.68% increase from a year earlier, with the FY2026 full-year figure at $299.2 billion, up 5.56% from the prior year.
  • Operating Expenses for Q1 2026 stood at $76.7 billion, down from $79.7 billion in the prior quarter.
  • The five-year high for Operating Expenses was $79.7 billion in Q4 2025, with the low at $61.2 billion in Q2 2022.
  • A 5-year average of $70.1 billion and a median of $69.0 billion in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses fell 3.47% in 2022, then increased 13.52% in 2025.
  • Year by year, Operating Expenses stood at $62.3 billion in 2022, then gained by 12.55% to $70.1 billion in 2023, then climbed by 4.88% to $73.5 billion in 2024, then advanced by 8.42% to $79.7 billion in 2025, then slipped by 3.77% to $76.7 billion in 2026.
  • Business Quant data shows TM's Operating Expenses at $76.7 billion in Q1 2026, $79.7 billion in Q4 2025, and $78.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tesla 1,297.09 Bn 1,252.41 Bn 4.72 Bn 3.78 Bn
2 Toyota Motor 440.56 Bn 289.71 Bn 39.87 Bn 76.70 Bn
3 Ferrari 75.26 Bn 73.46 Bn 1.09 Bn 479.59 Mn
4 General Motors 72.40 Bn 50.02 Bn 4.32 Bn 40.70 Bn
5 Ford Motor 56.05 Bn 25.60 Bn 7.94 Bn 40.92 Bn
6 Rivian Automotive 20.65 Bn 15.84 Bn 119.00 Mn 1.00 Bn
7 China Yuchai International 14.25 Bn 13.19 Bn 317.01 Mn -282.20 Mn
8 VinFast Auto 7.11 Bn 10.11 Bn -15,731.99 Bn -11,212.24 Bn
9 Digital Currency X Technology 4.89 Bn 4.89 Bn - -
10 Xpeng 4.49 Bn 1.59 Bn 388.90 Mn -660.64 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 76.70 Bn
Dec 31, 2025 79.70 Bn
Sep 30, 2025 78.30 Bn
Jun 30, 2025 76.62 Bn
Mar 31, 2025 73.72 Bn
Dec 31, 2024 73.51 Bn
Sep 30, 2024 68.98 Bn
Jun 30, 2024 67.64 Bn
Mar 31, 2024 67.21 Bn
Dec 31, 2023 70.09 Bn
Sep 30, 2023 69.22 Bn
Jun 30, 2023 68.78 Bn
Mar 31, 2023 68.52 Bn
Dec 31, 2022 62.28 Bn
Sep 30, 2022 62.67 Bn
Jun 30, 2022 61.18 Bn
Mar 31, 2022 65.82 Bn
Dec 31, 2021 61.59 Bn
Sep 30, 2021 61.73 Bn
Jun 30, 2021 63.38 Bn