Honda Motor Co., Ltd. (HMC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Sales/Revenue | 5.93T | 5.44T | 5.29T | 5.34T | 5.36T | 5.53T | 5.39T | 5.4T | 5.43T | 5.39T | 4.98T | 4.62T | 4.38T | 4.44T | 4.26T | 3.83T | 3.88T | 3.69T | 3.4T | 3.58T |
| Revenue Growth % | 10.59% | -1.66% | -1.86% | -1.2% | -1.28% | 2.62% | 8.19% | 16.86% | 23.84% | 21.45% | 17.12% | 20.77% | 13.12% | 20.32% | 25.01% | 6.86% | 6.95% | -2.19% | -6.76% | 68.75% |
| Cost of Goods Sold | 5.55T | 4.34T | 4.21T | 4.27T | 4.22T | 4.35T | 4.24T | 4.21T | 4.28T | 4.22T | 3.89T | 3.63T | 3.53T | 3.54T | 3.44T | 3.06T | 3.08T | 2.92T | 2.72T | 2.85T |
| COGS % of Revenue | 93.61% | 79.75% | 79.63% | 79.95% | 78.77% | 78.67% | 78.68% | 77.86% | 78.81% | 78.22% | 78.12% | 78.44% | 80.53% | 79.75% | 80.87% | 80.01% | 79.5% | 79.29% | 79.76% | 79.42% |
| Gross Profit | 378.92B | 1.1T | 1.08T | 1.07T | 1.14T | 1.18T | 1.15T | 1.2T | 1.15T | 1.17T | 1.09T | 997.11B | 853.6B | 898.6B | 814.01B | 765.38B | 794.51B | 763.81B | 689B | 737.45B |
| Gross Margin % | 6.39% | 20.25% | 20.37% | 20.05% | 21.23% | 21.33% | 21.32% | 22.14% | 21.19% | 21.78% | 21.88% | 21.56% | 19.47% | 20.25% | 19.13% | 19.99% | 20.5% | 20.71% | 20.24% | 20.58% |
| Gross Profit Growth % | -66.7% | -6.61% | -6.24% | -10.5% | -1.08% | 0.48% | 5.44% | 19.99% | 34.77% | 30.66% | 33.97% | 30.28% | 7.44% | 17.65% | 18.14% | 3.79% | 2.04% | -8.04% | -10.18% | 108.04% |
| Operating Expenses | 1.4T | 945.58B | 884.13B | 826.65B | 1.06T | 782.43B | 149.35B | 711.68B | 844.78B | 794.32B | 788.41B | 602.66B | 806.77B | 618.11B | 582.78B | 543.16B | 594.92B | 534.36B | 490.02B | 494.24B |
| OpEx % of Revenue | 23.67% | 17.38% | 16.71% | 15.48% | 19.86% | 14.15% | 2.77% | 13.17% | 15.56% | 14.74% | 15.82% | 13.03% | 18.4% | 13.93% | 13.69% | 14.18% | 15.35% | 14.49% | 14.39% | 13.79% |
| Selling, General & Admin | 756.7B | 618.27B | 592.82B | 533.71B | 711.16B | 514.75B | 0 | 495.8B | 0 | 567.12B | 582.17B | 404.7B | 527.77B | 397.36B | 383.2B | 361.57B | 371.24B | 329.64B | 308.59B | 317.01B |
| SG&A % of Revenue | 12.77% | 11.37% | 11.2% | 9.99% | 13.27% | 9.31% | - | 9.17% | - | 10.52% | 11.68% | 8.75% | 12.04% | 8.95% | 9% | 9.44% | 9.58% | 8.94% | 9.06% | 8.85% |
| Research & Development | 646.55B | 327.32B | 291.31B | 292.94B | 353.26B | 267.68B | 262.66B | 215.88B | 292.24B | 227.2B | 206.24B | 197.96B | 279B | 220.75B | 199.57B | 181.59B | 223.69B | 204.72B | 181.43B | 177.23B |
| R&D % of Revenue | 10.91% | 6.02% | 5.5% | 5.49% | 6.59% | 4.84% | 4.87% | 3.99% | 5.38% | 4.22% | 4.14% | 4.28% | 6.36% | 4.97% | 4.69% | 4.74% | 5.77% | 5.55% | 5.33% | 4.95% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -1.02T | 156.13B | 193.97B | 244.17B | 73.57B | 397.31B | 1T | 484.7B | 305.59B | 379.81B | 302.13B | 394.45B | 46.83B | 280.49B | 231.24B | 222.22B | 199.59B | 229.45B | 198.99B | 243.21B |
| Operating Margin % | -17.28% | 2.87% | 3.67% | 4.57% | 1.37% | 7.18% | 18.55% | 8.97% | 5.63% | 7.05% | 6.06% | 8.53% | 1.07% | 6.32% | 5.43% | 5.8% | 5.15% | 6.22% | 5.85% | 6.79% |
| Operating Income Growth % | -1492.4% | -60.7% | -80.61% | -49.63% | -75.93% | 4.61% | 231.16% | 22.88% | 552.61% | 35.41% | 30.66% | 77.51% | -76.54% | 22.25% | 16.21% | -8.63% | -6.39% | -17.39% | -29.68% | 206.96% |
| EBITDA | -364.88B | 336.01B | 494.38B | 422.78B | 268.46B | 578.48B | 1.18T | 672.63B | 496.59B | 609.4B | 490.2B | 580.14B | 231.57B | 460.08B | 427.11B | 383.65B | 352.66B | 379.45B | 355.69B | 394.5B |
| EBITDA Margin % | -6.16% | 6.18% | 9.34% | 7.92% | 5.01% | 10.46% | 21.87% | 12.44% | 9.15% | 11.31% | 9.83% | 12.54% | 5.28% | 10.37% | 10.04% | 10.02% | 9.1% | 10.29% | 10.45% | 11.01% |
| EBITDA Growth % | -235.92% | -41.92% | -58.08% | -37.15% | -45.94% | -5.08% | 140.59% | 15.94% | 114.45% | 32.46% | 14.77% | 51.22% | -34.34% | 21.25% | 20.08% | -2.75% | -10.24% | -11.34% | -16.86% | 606.01% |
| D&A (Non-Cash Add-back) | 659.45B | 179.88B | 300.41B | 178.61B | 194.89B | 181.16B | 178.88B | 187.93B | 191B | 229.59B | 188.08B | 185.7B | 184.74B | 179.59B | 195.87B | 161.43B | 153.07B | 150B | 156.7B | 151.29B |
| EBIT | -1.02T | 156.13B | 250.53B | 306.24B | 108.95B | 496.65B | 257.9B | 571.69B | 305.59B | 397.38B | 375.21B | 523.97B | 31.09B | 353.11B | 286.65B | 244.83B | 232.15B | 288.08B | 252.54B | 314.29B |
| Net Interest Income | 10B | 34.28B | 26.41B | 26B | 23.47B | 37.06B | 37.83B | 37.87B | 170.21M | 30.84B | 34.14B | 23.81B | 106.88M | 13.43B | 7.67B | 1.71B | -2.65M | 4.42B | 2.38B | 2.27B |
| Interest Income | 51.15B | 48.34B | 41.85B | 39.9B | 40.33B | 50.11B | 50.6B | 50.09B | 356.07M | 42.98B | 44.99B | 32.85B | 189.19M | 23B | 15.89B | 9.13B | 59.24M | 7.66B | 5.88B | 5.2B |
| Interest Expense | 41.14B | 14.06B | 15.44B | 13.9B | 16.86B | 13.05B | 12.78B | 12.22B | 185.85M | 12.14B | 10.85B | 9.04B | 82.31M | 9.56B | 8.22B | 7.43B | 61.88M | 3.24B | 3.5B | 2.92B |
| Other Income/Expense | -172.35B | 92.65B | 41.11B | 48.16B | 18.52B | 86.29B | -818.03B | 74.77B | 72.27B | 5.43B | 62.23B | 120.48B | -26.64B | 63.05B | 47.19B | 15.19B | 25.36B | 55.39B | 50.05B | 68.15B |
| Pretax Income | -1.2T | 248.78B | 235.09B | 292.33B | 92.08B | 483.61B | 182.48B | 559.47B | 377.86B | 385.24B | 364.36B | 514.92B | 20.19B | 343.55B | 278.43B | 237.4B | 224.95B | 284.84B | 249.04B | 311.36B |
| Pretax Margin % | -20.19% | 4.57% | 4.44% | 5.47% | 1.72% | 8.74% | 3.38% | 10.35% | 6.96% | 7.15% | 7.31% | 11.13% | 0.46% | 7.74% | 6.54% | 6.2% | 5.8% | 7.72% | 7.32% | 8.69% |
| Income Tax | -308.42B | 75.15B | 101.32B | 77.44B | 49.47B | 150.03B | 69.96B | 145.15B | 119.96B | 114.47B | 93.38B | 131.98B | -63.25B | 78.41B | 73.27B | 73.82B | 80.45B | 77.24B | 78.16B | 73.64B |
| Effective Tax Rate % | 25.77% | 30.21% | 43.1% | 26.49% | 53.73% | 31.02% | 38.34% | 25.94% | 31.75% | 29.71% | 25.63% | 25.63% | -313.29% | 22.82% | 26.31% | 31.1% | 35.76% | 27.12% | 31.38% | 23.65% |
| Net Income | -905.72B | 156.38B | 115.16B | 196.67B | 30.57B | 310.58B | 100.02B | 394.66B | 237.56B | 253.31B | 253.23B | 363.07B | 68.25B | 244.66B | 189.29B | 149.22B | 124.9B | 192.96B | 166.7B | 222.51B |
| Net Margin % | -15.28% | 2.87% | 2.18% | 3.68% | 0.57% | 5.62% | 1.85% | 7.3% | 4.38% | 4.7% | 5.08% | 7.85% | 1.56% | 5.51% | 4.45% | 3.9% | 3.22% | 5.23% | 4.9% | 6.21% |
| Net Income Growth % | -3062.38% | -49.65% | 15.13% | -50.17% | -87.13% | 22.61% | -60.5% | 8.7% | 248.1% | 3.54% | 33.78% | 143.31% | -45.36% | 26.79% | 13.56% | -32.94% | -41.45% | -32.07% | -30.81% | 375.14% |
| Net Income (Continuing) | -888.25B | 173.63B | 133.76B | 214.89B | 42.61B | 333.58B | 112.52B | 414.33B | 257.9B | 270.22B | 270.98B | 382.94B | 83.44B | 265.13B | 205.16B | 163.58B | 144.5B | 207.6B | 170.88B | 237.72B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 331.99B | 312.8B | 281.62B | 301.29B | 301.29B | 303.38B | 281.11B | 286.5B | 308.88B | 279.41B | 313.8B | 298.56B | 318.04B | 302.11B | 301.19B | 285.92B | 299.72B | 265.45B | 246.1B | 278.82B |
| EPS (Diluted) | -677.46 | 117.81 | 82.20 | 140.40 | 19.32 | 196.26 | 63.21 | 245.43 | 146.55 | 156.12 | 154.47 | 219.06 | 40.71 | 144.48 | 110.85 | 87.24 | 73.02 | 112.41 | 96.57 | 128.88 |
| EPS Growth % | -3606.52% | -39.97% | 30.04% | -42.79% | -86.82% | 25.71% | -59.08% | 12.04% | 259.99% | 8.06% | 39.35% | 151.1% | -44.25% | 28.53% | 14.79% | -32.31% | -40.89% | -31.67% | -30.79% | 375.21% |
| EPS (Basic) | -677.46 | 117.81 | 82.20 | 140.40 | 19.32 | 196.26 | 63.21 | 245.43 | 146.55 | 156.12 | 154.47 | 219.06 | 40.71 | 144.48 | 110.85 | 87.24 | 73.02 | 112.41 | 96.57 | 128.88 |
| Diluted Shares Outstanding | 1.34B | 1.3B | 1.4B | 1.4B | 1.58B | 1.58B | 1.58B | 1.61B | 1.62B | 1.62B | 1.64B | 1.66B | 1.68B | 1.69B | 1.71B | 1.71B | 1.71B | 1.72B | 1.73B | 1.73B |
| Basic Shares Outstanding | 1.34B | 1.3B | 1.4B | 1.4B | 1.58B | 1.58B | 1.58B | 1.61B | 1.62B | 1.62B | 1.64B | 1.66B | 1.68B | 1.69B | 1.71B | 1.71B | 1.71B | 1.72B | 1.73B | 1.73B |
| Dividend Payout Ratio | - | 90.9% | 0.45% | 0.52% | 0.08% | 51.32% | 0.02% | 0.31% | - | 56.04% | - | 27.52% | - | 41.78% | - | 74.56% | - | 49.3% | - | 41.92% |