Toyota Motor (TOYOF) Operating Expenses (2009 - 2026)
Toyota Motor (TOYOF) posted quarterly 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 (TOYOF) Operating Expenses (2009 - 2026) Analysis & Trends
Toyota Motor (TOYOF) has reported Operating Expenses for 18 consecutive years, with $76.7 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 4.04% year-over-year to $76.7 billion; the TTM figure through Mar 2026 stood at $311.3 billion (up 9.68% YoY), while the FY2026 annual figure was $299.2 billion, up 5.56% from the prior year.
- Operating Expenses eased to $76.7 billion in Q1 2026 per TOYOF's latest filing, from $79.7 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $79.7 billion in Q4 2025 and bottomed at $61.2 billion in Q2 2022.
- Historically, Operating Expenses has averaged $70.1 billion across 5 years, with a median of $69.0 billion in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses dropped 3.47% — and 2025, when it climbed 13.52%.
- Toyota Motor's Operating Expenses stood at $62.3 billion in 2022, then climbed by 12.55% to $70.1 billion in 2023, then increased by 4.88% to $73.5 billion in 2024, then grew by 8.42% to $79.7 billion in 2025, then declined by 3.77% to $76.7 billion in 2026.
- Business Quant data shows TOYOF'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 | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | 4.35 Bn |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 78.18 Bn |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | 239.73 Bn |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | 47.66 Bn |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | 46.57 Bn |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | -696.85 Mn |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | -660.64 Mn |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | 1.02 Bn |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | 4.85 Bn |
| 10 | Nio | 11.72 Bn | 7.14 Bn | 704.43 Mn | -749.20 Mn |
Historic Data
Download 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 |