Toyota Motor (TM) Operating Expenses (2009 - 2026)
Toyota Motor (TM) reported Operating Expenses of $76.7 billion for Q1 2026, up 4.04% year-over-year from $73.7 billion in Q1 2025, and down 3.77% quarter-over-quarter from $79.7 billion in Q4 2025.
Toyota Motor (TM) Operating Expenses (2009 - 2026) Analysis & Trends
Toyota Motor (TM) has 18 years of Operating Expenses data on file, last reported at $76.7 billion in Q1 2026.
- Operating Expenses for Q1 2026 came in at $76.7 billion, up 4.04% year-over-year; the trailing twelve-month figure through Mar 2026 was $311.3 billion (up 9.68% YoY), and the FY2026 annual result was $299.2 billion, up 5.56% from the prior year.
- Operating Expenses fell to $76.7 billion in Q1 2026 per TM's latest filing, from $79.7 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $79.7 billion in Q4 2025 and troughed 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 dropped 3.47% in 2022, then climbed 13.52% in 2025.
- A 5-year view of Operating Expenses shows it stood at $62.3 billion in 2022, then advanced by 12.55% to $70.1 billion in 2023, then grew by 4.88% to $73.5 billion in 2024, then climbed by 8.42% to $79.7 billion in 2025, then dropped 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 | 1,264.49 Bn | 1,219.81 Bn | 4.72 Bn | 3.78 Bn |
| 2 | Toyota Motor | 448.54 Bn | 321.13 Bn | 9.14 Bn | 76.70 Bn |
| 3 | General Motors | 74.80 Bn | 52.42 Bn | 4.32 Bn | 40.70 Bn |
| 4 | Ferrari | 71.95 Bn | 70.15 Bn | 1.09 Bn | 479.59 Mn |
| 5 | Ford Motor | 59.47 Bn | 29.01 Bn | 7.94 Bn | 40.92 Bn |
| 6 | Rivian Automotive | 20.42 Bn | 15.62 Bn | 119.00 Mn | 1.00 Bn |
| 7 | China Yuchai International | 16.65 Bn | 15.59 Bn | 317.01 Mn | -282.20 Mn |
| 8 | VinFast Auto | 7.51 Bn | 10.51 Bn | -15,731.99 Bn | -11,212.24 Bn |
| 9 | Digital Currency X Technology | 5.68 Bn | 5.68 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 |