Honda Motor Co., Ltd. (HMC) Income Statement

NYSE: HMCRevenue, profits, margins and EPS over 10 years.

HMC FY2026 at a glance

Fiscal year ended March 31, 2026 · Japanese yen
Revenue+0.5%
¥21.80T
FY2026 · hover or tap a bar for each year
FY2017: ¥14.00T (−4.1%)FY2018: ¥15.36T (+9.7%)FY2019: ¥15.89T (+3.4%)FY2020: ¥14.93T (−6.0%)FY2021: ¥13.17T (−11.8%)FY2022: ¥14.55T (+10.5%)FY2023: ¥16.91T (+16.2%)FY2024: ¥20.43T (+20.8%)FY2025: ¥21.69T (+6.2%)FY2026: ¥21.80T (+0.5%)
FY2017FY2026
Gross profit−22.7%
¥3.60T
FY2026 · hover or tap a bar for each year
FY2017: ¥3.13T (−4.1%)FY2018: ¥3.36T (+7.3%)FY2019: ¥3.31T (−1.6%)FY2020: ¥3.08T (−6.9%)FY2021: ¥2.73T (−11.3%)FY2022: ¥2.98T (+9.3%)FY2023: ¥3.33T (+11.6%)FY2024: ¥4.41T (+32.4%)FY2025: ¥4.66T (+5.7%)FY2026: ¥3.60T (−22.7%)
FY2017FY2026
Operating income−134.1%
−¥414.35B
FY2026 · hover or tap a bar for each year
FY2017: ¥840.71B (+67.0%)FY2018: ¥833.56B (−0.9%)FY2019: ¥726.37B (−12.9%)FY2020: ¥633.64B (−12.8%)FY2021: ¥660.21B (+4.2%)FY2022: ¥871.23B (+32.0%)FY2023: ¥780.77B (−10.4%)FY2024: ¥1.38T (+77.0%)FY2025: ¥1.21T (−12.2%)FY2026: −¥414.35B (−134.1%)
FY2017FY2026
Net income−150.7%
−¥423.94B
FY2026 · hover or tap a bar for each year
FY2017: ¥616.57B (+79.0%)FY2018: ¥1.06T (+71.8%)FY2019: ¥610.32B (−42.4%)FY2020: ¥455.75B (−25.3%)FY2021: ¥657.42B (+44.3%)FY2022: ¥707.07B (+7.6%)FY2023: ¥651.42B (−7.9%)FY2024: ¥1.11T (+70.0%)FY2025: ¥835.84B (−24.5%)FY2026: −¥423.94B (−150.7%)
FY2017FY2026
Net profit margin−5.8 pts
−1.9%
FY2026 · hover or tap a point for each year
FY2017: 4.4% (+2.0 pts)FY2018: 6.9% (+2.5 pts)FY2019: 3.8% (−3.1 pts)FY2020: 3.1% (−0.8 pts)FY2021: 5.0% (+1.9 pts)FY2022: 4.9% (−0.1 pts)FY2023: 3.9% (−1.0 pts)FY2024: 5.4% (+1.6 pts)FY2025: 3.9% (−1.6 pts)FY2026: −1.9% (−5.8 pts)
FY2017FY2026

HMC revenue and net income

RevenueNet incomeNet margin (right axis)

Where HMC's revenue goes

FY2026
Revenue
¥21.80T100.0%
Cost of revenue
−¥18.19T−83.5%
Gross profit
¥3.60T16.5%
Research & development
−¥1.54T−7.1%
Sales, general & admin
−¥2.48T−11.4%
Operating income
−¥414.35B−1.9%
Income taxes
¥50.28B0.2%
Net income
−¥423.94B−1.9%

Each bar shows an amount and its share of revenue. HMC kept −1.9% of revenue as net income.

HMC profit margins

GrossOperatingNet

HMC growth rates

to FY2026
1 year3 years5 years10 years
Revenue+0.5%+8.8%+10.6%+4.1%
Gross profit−22.7%+2.6%+5.7%+1.0%
Operating income−134.1%———
Net income−150.7%———

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

HMC income statement in Japanese yen

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥21.80T¥21.69T¥20.43T¥16.91T¥14.55T¥13.17T¥14.93T¥15.89T¥15.36T¥14.00T
Cost of revenue¥18.19T¥17.02T¥16.02T¥13.58T¥11.57T¥10.44T¥11.85T¥12.58T¥12.00T¥10.87T
Gross profit¥3.60T¥4.66T¥4.41T¥3.33T¥2.98T¥2.73T¥3.08T¥3.31T¥3.36T¥3.13T
Research & development¥1.54T¥1.10T¥923.63B¥880.91B¥787.06B¥738.89B¥804.12B¥806.90B¥751.86B¥691.43B
Sales, general & admin¥2.48T¥2.35T¥2.11T¥1.61T¥1.33T¥1.33T¥1.64T¥1.77T¥1.78T¥1.60T
Total operating expenses¥4.02T¥3.45T¥3.03T¥2.55T¥2.11T¥2.07T¥2.45T¥2.58T¥2.53T¥2.29T
Operating income−¥414.35B¥1.21T¥1.38T¥780.77B¥871.23B¥660.21B¥633.64B¥726.37B¥833.56B¥840.71B
Interest income¥179.47B¥191.13B¥173.69B¥154.40B¥25.63B¥19.80B¥149.91B¥245.67B¥278.52B¥160.13B
Interest expense¥83.56B¥54.91B¥59.63B¥36.11B¥16.87B¥130.8M¥227.1M¥13.22B¥12.97B¥12.47B
Income before taxes−¥403.30B¥1.32T¥1.64T¥879.57B¥1.07T¥914.05B¥789.92B¥979.38B¥1.11T¥1.01T
Income taxes−¥50.28B¥414.61B¥459.79B¥162.26B¥309.49B¥218.61B¥279.99B¥303.09B−¥13.67B¥327.59B
Net income−¥423.94B¥835.84B¥1.11T¥651.42B¥707.07B¥657.42B¥455.75B¥610.32B¥1.06T¥616.57B
EBITDA¥983.52B¥2.12T¥2.50T¥1.64T¥1.50T¥1.27T¥1.51T¥1.71T¥1.84T¥1.69T
Gross margin16.5%21.5%21.6%19.7%20.5%20.7%20.6%20.8%21.9%22.4%
Operating margin−1.9%5.6%6.8%4.6%6.0%5.0%4.2%4.6%5.4%6.0%
Net margin−1.9%3.9%5.4%3.9%4.9%5.0%3.1%3.8%6.9%4.4%

Quarterly columns are labeled by the month the quarter ended. Figures in Japanese yen as reported in HMC's financial statements (latest annual report filed June 18, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

HMC financial results

In fiscal year 2026 (ended March 31, 2026), Honda Motor reported revenue of ¥21.80 trillion, up 0.5% from the year before. It had a net loss of ¥423.9 billion, a net profit margin of −1.9%. Over five years revenue grew at an average rate of 10.6% a year. Figures are in Japanese yen, the currency of its financial statements.

See the HMC stock overview for the latest quote and news, or the HMC chart for price history and technical indicators.

HMC income statement FAQ

What is Honda Motor's annual revenue?

Honda Motor reported total revenue of ¥21.80 trillion for fiscal year 2026, which ended on March 31, 2026. That was up 0.5% from ¥21.69 trillion the previous year.

Is Honda Motor profitable?

No. Honda Motor reported a net loss of ¥423.9 billion in fiscal 2026, a net profit margin of −1.9%; its operating margin was −1.9%.

What is Honda Motor's gross margin?

Honda Motor's gross margin was 16.5% in fiscal 2026: for every $100 of revenue, Honda Motor kept $17 after the direct cost of its products and services.

How much does Honda Motor spend on research and development?

Honda Motor spent ¥1.54 trillion on research and development in fiscal 2026, 7.1% of revenue.

How fast is Honda Motor growing?

Revenue grew 10.6% a year on average over the last five fiscal years, from ¥13.17 trillion to ¥21.80 trillion.

When will Honda Motor report its next earnings?

Honda Motor is expected to report results for the quarter ending September 30, 2026 on November 6, 2026.

When does Honda Motor's fiscal year end?

Honda Motor's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on June 18, 2026.

Auto Manufacturers income statements