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| Date | Value |
|---|---|
| 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 |