# The world's largest automaker reported an almost 50% ‌drop in quarterly earnings.

*business · news · 2026-05-08 · Devdiscourse*

## Key points

- Toyota estimates the Iran war will cost it $4.3 billion by March 2027.
- Toyota's full-year profit outlook is 35% below analyst forecasts, projecting 3 trillion yen operating profit.
- Sales of Toyota hybrids are expected to surpass 5 million vehicles for the first time ever this year.
- Toyota attributes $400 million of its crisis cost estimate to higher material and fuel prices, and $270 million to logistics delays and lower volumes.
- Q1 2024 operating profit fell nearly 50%, mainly due to the Middle East crisis and supply issues.

**Companies:** Toyota
**Countries:** Iran, Germany, Japan, United States

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/headlines/3900969-update-4-toyota-expects-43-billion-hit-from-iran-war)

---

Canonical: https://newsio.io/n/2fc39494-3546-4ad3-acba-c740156d31d4/the-worlds-largest-automaker-reported-an-almost-50-drop-in-quarterly-earnings-to
Summarized by Newsio from Devdiscourse. https://newsio.io/how-it-works