v3.25.4
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Revenues:        
Retail $ 788 $ 713 $ 2,336 $ 2,027
Dealer 69 74 209 222
Operating leases 1,812 1,625 5,382 4,751
Total revenues 2,669 2,412 7,927 7,000
Leased vehicle expenses 1,218 1,105 3,607 3,244
Interest expense 692 632 2,072 1,799
Net revenues 759 675 2,248 1,957
Other income, net 42 37 134 117
Total net revenues 801 712 2,382 2,074
Expenses:        
General and administrative expenses 150 152 510 428
Provision for credit losses 126 70 315 228
Early termination loss on operating leases 138 40 265 95
Gain/(loss) on derivative instruments (46) (551) 559 (351)
Gain/(loss) on foreign currency revaluation of debt (23) 489 (675) 230
Total expenses 483 324 1,206 872
Income before income taxes 318 388 1,176 1,202
Income tax expense 2 95 214 326
Net income 316 293 962 876
Less: Net income attributable to noncontrolling interest 27 15 75 50
Net income attributable to American Honda Finance Corporation $ 289 $ 278 $ 887 $ 826