Toyota Motor Corporation
Financial Performance
Toyota Revenue & Financials
Revenue
~$339.6B (FY2026)
Market Cap
$258B
Net Income
~$25.8B
Employees
375,235
What is Toyota's revenue?
Toyota had ~$339.6B in revenue for fiscal year 2026, up 5.5% from 2025. Net income was ~$25.8B.
- Latest revenue
- ~$339.6B (FY2026)
- Year-over-year
- +5.5%
- Growth rate (CAGR)
- 6% over 10 years
- Peak revenue
- ~$339.6B (FY2026)
- Years of data
- 11
- Employees
- 375,235
- How much profit does Toyota make?
- Toyota reported net income of ~$25.8B for fiscal year 2026. stockanalysis.com
- How many employees does Toyota have?
- Toyota has about 375,235 employees.
Financial Analysis
Toyota's fiscal 2026 showed record revenue alongside sharply lower profit. Sales revenues reached ~$340 billion (¥50.68 trillion) while operating margin narrowed to about 7.4% from 10.0% a year earlier, mostly because of roughly $9.25 billion (¥1.38 trillion) in U.S. tariff costs. North America swung to a much weaker profit, Japan remained the largest profit contributor, and financial services kept growing. For fiscal 2027, Toyota's August 2026 forecast calls for ~$362 billion (¥54.0 trillion) in revenue, ~$22.8 billion (¥3.4 trillion) in operating income and ~$21.8 billion (¥3.25 trillion) in net income, assuming 160 yen per dollar. Toyota is consistently the top-selling automaker globally and sustains a massive market valuation often exceeding $300 billion.
Revenue Trend Analysis
YoY Change
+5.5%
10-Year CAGR
+6%
Peak Year
2026
Trend
Mostly Growing
Toyota Motor Corporation has 11 full fiscal year figures on this page, compounding at +6% annually over 10 years. The most recent year saw a 5.5% increase versus the prior year. Annual revenue peaked in fiscal year 2026 at ~$339.6B. Of 10 comparable year-over-year steps, 7 showed growth and 3 showed a decline.
Annual revenue history
Click any row to see year details.
Toyota Motor Corporation balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 20-F, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2025ended Mar 31, 2025 | ~$24.8B | — | ~$627.1B | ~$380B | ~$240.7B | — | Form 20-F |
| FY2024ended Mar 31, 2024 | ~$28.2B | — | ~$603.8B | ~$367.7B | ~$229.3B | — | Form 20-F |
| FY2023ended Mar 31, 2023 | ~$19.8B | — | ~$497.8B | ~$301.8B | ~$189.9B | — | Form 20-F |
| FY2022ended Mar 31, 2022 | ~$24.9B | — | ~$453.5B | ~$271.6B | ~$175.8B | — | Form 20-F |
| FY2021ended Mar 31, 2021 | ~$18.3B | — | ~$417.2B | ~$254.5B | ~$156.8B | — | Form 20-F |
| FY2020ended Mar 31, 2020 | ~$24.1B | ~$9.4B | ~$361.6B | ~$218.6B | ~$134.4B | ~$14.6B | Form 20-F |
| FY2019ended Mar 31, 2019 | ~$25.2B | ~$9.7B | ~$348B | ~$210.2B | ~$129.6B | ~$15.5B | Form 20-F |
| FY2018ended Mar 31, 2018 | ~$28.3B | ~$8.7B | ~$337.1B | ~$203.6B | ~$125.5B | ~$19.6B | Form 20-F |
| FY2017ended Mar 31, 2017 | ~$23.9B | ~$8.2B | ~$326.6B | ~$201.5B | ~$117.3B | ~$15.7B | Form 20-F |
| FY2016ended Mar 31, 2016 | ~$29.9B | ~$8.6B | ~$317.8B | ~$196.6B | ~$112.2B | ~$21.3B | Form 20-F |
Keep researching Toyota
Toyota Revenue and Financial FAQ
What were Toyota's total net sales revenues for fiscal year 2026?
Toyota Motor Corporation reported net sales revenues of ¥50.68 trillion (approximately $340 billion USD) for the fiscal year ended March 2026, driven by record hybrid vehicle demand and strong North American volumes.
What was Toyota's consolidated operating income for FY2026?
Toyota generated approximately ¥4.8 trillion to ¥5.0 trillion in consolidated operating income in FY2026, reflecting a top-tier automotive operating profit margin near 9.5–10%.
How much net income did Toyota report for the fiscal year ended March 2026?
Net income attributable to Toyota Motor Corporation reached approximately ¥3.85 trillion (~$26 billion USD), ranking Toyota among the most profitable industrial corporations in the world.
How many total vehicles did Toyota sell globally in FY2026?
Consolidated Toyota Group retail vehicle deliveries (including Toyota, Lexus, Daihatsu, and Hino) exceeded 10.3 million units, retaining Toyota's position as the world's top-selling automaker.
How does Japanese Yen (JPY) currency fluctuation impact Toyota's earnings?
Because Toyota manufactures approximately 3 million vehicles annually in Japan for domestic and export markets, a 1-yen depreciation against the US dollar typically increases annual operating profit by roughly ¥45–50 billion.
What is Toyota's annual research and development (R&D) expenditure?
Toyota invests approximately ¥1.2 trillion to ¥1.3 trillion ($8–9 billion USD) annually in R&D, prioritizing solid-state batteries, the Arene vehicle software platform, fuel-cell technology, and hybrid powertrain efficiency.
How much does Toyota spend annually on capital expenditures (CapEx)?
Toyota's annual CapEx ranges from ¥1.8 trillion to ¥2.0 trillion, directing funds into gigacasting manufacturing lines, retooling assembly plants, and battery cell manufacturing facilities like its Liberty, North Carolina plant.
What is Toyota's shareholder dividend and share repurchase policy?
Toyota targets a consolidated dividend payout ratio of roughly 30–35% while executing systematic multi-hundred-billion-yen share buyback programs, rewarding long-term shareholders while retaining capital for technological transformation.
How strong is Toyota's balance sheet and corporate cash liquidity?
Toyota maintains an exceptionally fortress-like balance sheet, holding more than ¥8 trillion in automotive cash and marketable securities, giving it top-tier A1/A+ investment-grade credit ratings from Moody's and S&P.
What is the debt profile of Toyota Financial Services versus its automotive operations?
While TFS carries significant asset-backed and bond debt to fund customer leases and loans, Toyota's core automotive manufacturing division operates in a strong net cash position with virtually zero net manufacturing debt.
What is Toyota's Return on Equity (ROE) and Return on Invested Capital (ROIC)?
Toyota generates an ROE of approximately 11–13% and an ROIC of 9–11%, reflecting outstanding capital discipline, high factory utilization rates, and pricing power in hybrid vehicle segments.
How much capital has Toyota committed to electric vehicle and battery investments through 2030?
Toyota has committed over ¥5 trillion (~$35 billion USD) to electrification through 2030, with more than ¥2 trillion earmarked specifically for dedicated battery development and gigafactory production capacity.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Toyota Revenue & Financials." CorpDigest, https://corpdigest.com/company/toyota/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Toyota reported ~$339.6B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/toyota/financials" target="_blank" rel="noopener">CorpDigest — Toyota financials</a></div>Related Financial Audits
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