Toyota Motor (TOYOF) Operating Expenses (2009 - 2026)
Toyota Motor (TOYOF) recorded Operating Expenses of $78.18 billion in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 2.0% from $76.62 billion a year earlier and up 1.9% from the prior quarter.
Powered by 
Analysis
Toyota Motor (TOYOF) Operating Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Toyota Motor's Operating Expenses came in at $312.89 billion as of Jun 30, 2026, up 6.8% year-over-year; for FY2026 (ended Mar 31, 2026), it came in at $299.18 billion, up 5.6% from FY2025.
- Annual Operating Expenses has increased for five straight fiscal years, with a five-year compound annual growth rate of 4.8% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Expenses came in at $283.43 billion in FY2025 (+2.8%), $275.58 billion in FY2024 (+5.9%), $260.28 billion in FY2023 (+6.6%) and $244.24 billion in FY2022 (+3.3%).
- Quarterly Operating Expenses has ranged from $61.18 billion in fiscal Q1 2023 to $79.7 billion in fiscal Q3 2026 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for seven consecutive quarters, with growth averaging 6.9% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 13.5% in fiscal Q2 2026, against a decline of 10.1% in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $76.7 billion (Q4 2026), $79.7 billion (Q3 2026) and $78.3 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,216.24 Bn | 1,042.27 Bn | 4.75 Bn | 4.35 Bn |
| 2 | General Motors | 75.35 Bn | -31.16 Bn | 7.33 Bn | 46.57 Bn |
| 3 | Ferrari | 69.70 Bn | 62.19 Bn | 1.18 Bn | 471.42 Mn |
| 4 | Ford Motor | 48.22 Bn | -94.27 Bn | 6.08 Bn | 47.66 Bn |
| 5 | Honda Motor | 44.40 Bn | -105.41 Bn | 8.46 Bn | -34.70 Bn |
| 6 | Toyota Motor | 24.11 Bn | -382.39 Bn | 20.95 Bn | 78.18 Bn |
| 7 | Magna International | 18.41 Bn | 12.44 Bn | 1.61 Bn | 273.20 Mn |
| 8 | Rivian Automotive | 17.72 Bn | -5.59 Bn | 179.00 Mn | 1.02 Bn |
| 9 | Stellantis | 12.89 Bn | -151.76 Bn | 5.55 Bn | 4.85 Bn |
| 10 | Li Auto | 11.86 Bn | -37.05 Bn | 417.98 Mn | -757.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.18 Bn |
| 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 |
API Access
Toyota Motor Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=TOYOF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TOYOF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=TOYOF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();