Exhibit 99.1
Servicer’s Certificate
for the Collection Period May 01, 2026 through May 31, 2026
for Payment Date of June 15, 2026
Toyota Auto Receivables 2026-B Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
31 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
31 | Actual/360 Days |
31 |
| Class | Initial Principal Balance |
Final Scheduled Payment Date |
Beginning Principal Balance |
Beginning Principal Factor |
First Priority Principal Distribution Amount |
Second Priority Principal Distribution Amount |
Regular Principal Distribution Amount |
Ending Principal |
Ending Principal Factor |
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| A-1 | $400,600,000.00 | 4/15/27 | $255,906,077.31 | 0.6388070 | $0.00 | $43,704,089.61 | $16,150,056.17 | $196,051,931.53 | 0.4893957 | |||||||||||||||||||||||||||
| A-2a | $537,900,000.00 | 2/15/29 | $537,900,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $537,900,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| A-2b | $134,400,000.00 | 2/15/29 | $134,400,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $134,400,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| A-3 | $672,300,000.00 | 12/16/30 | $672,300,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $672,300,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| A-4 | $107,300,000.00 | 8/15/31 | $107,300,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $107,300,000.00 | 1.0000000 | |||||||||||||||||||||||||||
| B | $47,500,000.00 | 10/15/32 | $47,500,000.00 | 1.0000000 | $0.00 | $0.00 | $0.00 | $47,500,000.00 | 1.0000000 | |||||||||||||||||||||||||||
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| Total | $1,900,000,000.00 | $1,755,306,077.31 | $0.00 | $43,704,089.61 | $16,150,056.17 | $1,695,451,931.53 | 0.8923431 | |||||||||||||||||||||||||||||
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| Class | Interest Rate | Interest Distributable Amount |
Prior Interest Carryover |
Interest Distribution Amount |
Current Interest Carryover |
Total Principal & Interest Distribution |
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| A-1 | 3.82500% | $842,890.64 | $0.00 | $842,890.64 | $0.00 | $60,697,036.42 | ||||||||||||||||||||
| A-2a | 4.04000% | $1,810,930.00 | $0.00 | $1,810,930.00 | $0.00 | $1,810,930.00 | ||||||||||||||||||||
| A-2b | 4.02285% | $465,577.84 | $0.00 | $465,577.84 | $0.00 | $465,577.84 | ||||||||||||||||||||
| A-3 | 4.13000% | $2,313,832.50 | $0.00 | $2,313,832.50 | $0.00 | $2,313,832.50 | ||||||||||||||||||||
| A-4 | 4.20000% | $375,550.00 | $0.00 | $375,550.00 | $0.00 | $375,550.00 | ||||||||||||||||||||
| B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||
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| Total | $5,808,780.98 | $0.00 | $5,808,780.98 | $0.00 | $65,662,926.76 | |||||||||||||||||||||
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Credit Enhancement
| Reserve Account | Yield Supplement Overcollateralization Amount | |||||||||
| Initial Deposit Amount |
$4,750,016.52 | Beginning Period Amount |
$91,168,545.33 | |||||||
| Specified Reserve Account Amount |
$4,750,016.52 | Increase/(Decrease) |
$(4,331,637.75 | ) | ||||||
| Beginning Balance |
$4,750,016.52 | Ending Period Amount |
$86,836,907.58 | |||||||
| Withdrawals |
$0.00 | |||||||||
| Amount Available for Deposit |
$21,308,456.90 | Overcollateralization | ||||||||
| Amount Deposited to the Reserve Account |
$0.00 |
Adjusted Pool Balance |
$1,711,601,987.70 | |||||||
| Reserve Account Balance Prior to Release |
$4,750,016.52 | Total Note Balance |
$1,695,451,931.53 | |||||||
| Reserve Account Required Amount |
$4,750,016.52 | Ending Overcollateralization Amount |
$16,150,056.17 | |||||||
| Reserve Account Release to Seller |
$0.00 | Overcollateralization Target Amount |
$16,150,056.17 | |||||||
| Ending Reserve Account Balance |
$4,750,016.52 | |||||||||
Page 1 of 5
Servicer’s Certificate
for the Collection Period May 01, 2026 through May 31, 2026
for Payment Date of June 15, 2026
Toyota Auto Receivables 2026-B Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
31 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
31 | Actual/360 Days |
31 |
Liquidations of Charge-offs and Repossessions
| Cumulative | ||||||||||||||||||||
| Current Period Only | Current Period | Prior Period | Two Periods Prior | Three Periods Prior | ||||||||||||||||
| Number of Liquidated Receivables |
9 | 14 | 5 | 0 | 0 | |||||||||||||||
| Gross Principal of Liquidated Receivables |
$448,493.06 | $735,549.35 | $287,056.29 | $0.00 | $0.00 | |||||||||||||||
| Principal of Repurchased Contracts, previously charged-off |
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||||
| Net Liquidation Proceeds Received During the Collection Period |
$(262,675.71 | ) | $(481,014.73 | ) | $(218,339.02 | ) | $0.00 | $0.00 | ||||||||||||
| Recoveries on Previously Liquidated Contracts |
$(5,145.92 | ) | $(5,145.92 | ) | $0.00 | $0.00 | $0.00 | |||||||||||||
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| Net Credit Losses |
$180,671.43 | $249,388.70 | $68,717.27 | $0.00 | $0.00 | |||||||||||||||
| Charge-off Rate (Number of Liquidated Receivables / Initial number of accounts in the pool) |
0.02110% | 0.00754% | 0.00000% | 0.00000% | ||||||||||||||||
| Number of Accounts with Liquidation Proceeds or Recoveries |
14 | 5 | 0 | 0 | ||||||||||||||||
| Ratio of Aggregate Net Losses to Average Portfolio Balance |
0.01321% | 0.00356% | 0.00000% | 0.00000% | ||||||||||||||||
| Number of Assets Experiencing a Net Loss |
14 | 5 | 0 | 0 | ||||||||||||||||
| Net Credit Losses for Assets Experiencing a Loss |
$249,388.70 | $68,717.27 | $0.00 | $0.00 | ||||||||||||||||
| Average Net Loss on all assets that have Experienced a Net Loss |
$17,813.48 | $13,743.45 | $0.00 | $0.00 | ||||||||||||||||
| Cumulative Net Loss Ratio |
0.01247% | 0.00343% | 0.00000% | 0.00000% | ||||||||||||||||
| Repossessed in Current Period |
21 vehicles | |||||||||||||||||||
Pool Data
| Original | Prior Month | Current Month | ||||||||||||||
| Receivables Pool Balance |
$2,000,550,710.04 | $1,862,624,678.81 | $1,798,438,895.28 | |||||||||||||
| Number of Contracts |
66,353 | 63,999 | 62,838 | |||||||||||||
| Weighted Average APR |
5.57% | 5.56% | 5.56% | |||||||||||||
| Weighted Average Remaining Term (Months) |
54.88 | 53.12 | 52.22 | |||||||||||||
Page 2 of 5
Servicer’s Certificate
for the Collection Period May 01, 2026 through May 31, 2026
for Payment Date of June 15, 2026
Toyota Auto Receivables 2026-B Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
31 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
31 | Actual/360 Days |
31 |
Collections
| Principal Payments Received |
$39,902,463.16 | |||
| Prepayments in Full |
$23,786,689.75 | |||
| Interest Payments Received |
$8,367,486.27 | |||
| Aggregate Net Liquidation Proceeds |
$267,821.63 | |||
| Interest on Repurchased Contracts |
$916.35 | |||
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| Total Collections |
$72,325,377.16 | |||
| Principal of Repurchased Contracts |
$48,137.56 | |||
| Principal of Repurchased Contracts, prev charged-off |
$0.00 | |||
| Adjustment on Repurchased Contracts |
$0.00 | |||
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| Total Repurchased Amount |
$48,137.56 | |||
| Total Available Collections |
$72,373,514.72 |
Distributions
| Calculated Amount |
Amount Paid |
Shortfall | ||||||||
| Servicing Fee |
$1,552,187.23 | $1,552,187.23 | $0.00 | |||||||
| Trustee and Other Fees/Expenses (capped at $300,000.00 per calendar year) |
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| Indenture Trustee |
$0.00 |
$0.00 |
$0.00 | |||||||
| Owner Trustee |
$0.00 |
$0.00 |
$0.00 | |||||||
| Asset Representations Reviewer |
$0.00 |
$0.00 |
$0.00 | |||||||
| Interest - Class A-1 Notes |
$842,890.64 | $842,890.64 | $0.00 | |||||||
| Interest - Class A-2a Notes |
$1,810,930.00 | $1,810,930.00 | $0.00 | |||||||
| Interest - Class A-2b Notes |
$465,577.84 | $465,577.84 | $0.00 | |||||||
| Interest - Class A-3 Notes |
$2,313,832.50 | $2,313,832.50 | $0.00 | |||||||
| Interest - Class A-4 Notes |
$375,550.00 | $375,550.00 | $0.00 | |||||||
| First Priority Principal Distribution Amount |
$0.00 | $0.00 | $0.00 | |||||||
| Interest - Class B Notes |
$0.00 | $0.00 | $0.00 | |||||||
| Second Priority Principal Distribution Amount |
$43,704,089.61 | $43,704,089.61 | $0.00 | |||||||
| Reserve Account Deposit |
$0.00 | $0.00 | $0.00 | |||||||
| Regular Principal Distribution Amount |
$16,150,056.17 | $16,150,056.17 | $0.00 | |||||||
| Additional Trustee and Other Fees/Expenses |
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| Indenture Trustee |
$0.00 |
$0.00 |
$0.00 | |||||||
| Owner Trustee |
$0.00 |
$0.00 |
$0.00 | |||||||
| Asset Representations Reviewer |
$0.00 |
$0.00 |
$0.00 | |||||||
| Excess Amounts to the Certificateholder |
$5,158,400.73 | $5,158,400.73 | N/A | |||||||
Page 3 of 5
Servicer’s Certificate
for the Collection Period May 01, 2026 through May 31, 2026
for Payment Date of June 15, 2026
Toyota Auto Receivables 2026-B Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
| Collection Period |
31 | 30/360 Days |
30 | |||||
| Interest Accrual Period |
31 | Actual/360 Days |
31 |
Noteholder Distributions
| Interest Distributed |
Per $1000 of Original Balance |
Principal Distributed |
Per $1000 of Original Balance |
Amount Distributed |
Per $1000 of Original Balance |
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| Class A-1 Notes |
$842,890.64 | $2.10 | $59,854,145.78 | $149.41 | $60,697,036.42 | $151.51 | ||||||||||||||||||||||||||||
| Class A-2a Notes |
$1,810,930.00 | $3.37 | $0.00 | $0.00 | $1,810,930.00 | $3.37 | ||||||||||||||||||||||||||||
| Class A-2b Notes |
$465,577.84 | $3.46 | $0.00 | $0.00 | $465,577.84 | $3.46 | ||||||||||||||||||||||||||||
| Class A-3 Notes |
$2,313,832.50 | $3.44 | $0.00 | $0.00 | $2,313,832.50 | $3.44 | ||||||||||||||||||||||||||||
| Class A-4 Notes |
$375,550.00 | $3.50 | $0.00 | $0.00 | $375,550.00 | $3.50 | ||||||||||||||||||||||||||||
| Class B Notes |
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||||||||||||||||||
Delinquent and Repossessed Contracts
| Percentage of Current Month Number of Contracts |
Units | Percentage of Current Month Receivables Pool Balance |
Balance | |||||||||||||
| 30-59 Days Delinquent |
0.39% | 245 | 0.45% | $8,033,414.94 | ||||||||||||
| 60-89 Days Delinquent |
0.08% | 49 | 0.09% | $1,676,235.96 | ||||||||||||
| 90-119 Days Delinquent |
0.05% | 29 | 0.06% | $1,124,168.50 | ||||||||||||
| 120 or more Days Delinquent |
0.00% | 0 | 0.00% | $0.00 | ||||||||||||
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| Total Delinquencies |
0.52% | 323 | 0.60% | $10,833,819.40 | ||||||||||||
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| Total Delinquencies - Prior Period |
0.36% | 0.43% | ||||||||||||||
| Total Delinquencies - Two Months Prior |
0.00% | 0.00% | ||||||||||||||
| Total Delinquencies - Three Months Prior |
0.00% | 0.00% | ||||||||||||||
| Receivables Pool Balance |
$1,798,438,895.28 | |||||||||||||||
| 60-Day Delinquency Percentage |
0.16% | |||||||||||||||
| Delinquency Trigger Percentage |
6.90% | |||||||||||||||
| Has a Delinquency Trigger occurred in this Collection Period? No |
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| Repossessed Vehicle Inventory* |
28 vehicles | |||||||||||||||
| * Included with Delinquencies Above |
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Page 4 of 5
Servicer’s Certificate
for the Collection Period May 01, 2026 through May 31, 2026
for Payment Date of June 15, 2026
Toyota Auto Receivables 2026-B Owner Trust
Toyota Auto Finance Receivables, LLC
SELLER
Toyota Motor Credit Corporation
SERVICER
I hereby certify to the best of my knowledge that the report provided is true and correct.
| /s/ Adam Stam | ||
| Name: | Adam Stam | |
| Title: | General Manager - Treasury | |
Page 5 of 5