General Motors Company (GM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 43.62B | 45.29B | 48.59B | 47.12B | 44.02B | 47.7B | 48.76B | 47.97B | 43.01B | 42.98B | 44.13B | 44.75B | 39.98B | 43.11B | 41.89B | 35.76B | 35.98B | 33.58B | 26.78B | 34.17B |
| Revenue Growth % | -0.9% | -5.06% | -0.34% | -1.77% | 2.34% | 10.99% | 10.48% | 7.2% | 7.58% | -0.3% | 5.35% | 25.13% | 11.13% | 28.36% | 56.42% | 4.66% | 10.79% | -10.49% | -24.52% | 103.64% |
| Cost of Goods Sold | 38.63B | 46.41B | 45.48B | 42.86B | 38.68B | 42.85B | 42.36B | 41.72B | 37.1B | 39.67B | 38.77B | 39.4B | 34.86B | 37.1B | 36.02B | 31.35B | 31.28B | 29.59B | 22.99B | 29.16B |
| COGS % of Revenue | 88.55% | 102.48% | 93.59% | 90.95% | 87.87% | 89.83% | 86.88% | 86.98% | 86.26% | 92.3% | 87.86% | 88.05% | 87.18% | 86.07% | 85.99% | 87.67% | 86.94% | 88.1% | 85.84% | 85.35% |
| Gross Profit | 5B | -1.12B | 3.11B | 4.27B | 5.34B | 4.85B | 6.4B | 6.25B | 5.91B | 3.31B | 5.36B | 5.35B | 5.13B | 6B | 5.87B | 4.41B | 4.7B | 4B | 3.79B | 5.01B |
| Gross Margin % | 11.45% | -2.48% | 6.41% | 9.05% | 12.13% | 10.17% | 13.12% | 13.02% | 13.74% | 7.7% | 12.14% | 11.95% | 12.82% | 13.93% | 14.01% | 12.33% | 13.06% | 11.9% | 14.16% | 14.65% |
| Gross Profit Growth % | -6.43% | -123.11% | -51.33% | -31.69% | -9.71% | 46.6% | 19.42% | 16.82% | 15.33% | -44.88% | -8.74% | 21.25% | 9.06% | 50.15% | 54.73% | -11.94% | -7.48% | -19.99% | -38.35% | 2454.59% |
| Operating Expenses | 2.07B | 2.53B | 2.04B | 2.14B | 1.99B | 3.33B | 2.75B | 2.37B | 2.17B | 2.39B | 2.34B | 2.56B | 2.55B | 3.39B | 2.48B | 2.29B | 2.5B | 2.48B | 2.15B | 2.13B |
| OpEx % of Revenue | 4.74% | 5.58% | 4.19% | 4.54% | 4.51% | 6.98% | 5.63% | 4.94% | 5.06% | 5.56% | 5.31% | 5.72% | 6.37% | 7.87% | 5.91% | 6.41% | 6.96% | 7.38% | 8.02% | 6.22% |
| Selling, General & Admin | 2.07B | 2.53B | 2.04B | 2.14B | 1.99B | 3.33B | 2.75B | 2.37B | 2.17B | 2.39B | 2.34B | 2.56B | 2.55B | 3.39B | 2.48B | 2.29B | 2.5B | 2.48B | 2.15B | 2.13B |
| SG&A % of Revenue | 4.74% | 5.58% | 4.19% | 4.54% | 4.51% | 6.98% | 5.63% | 4.94% | 5.06% | 5.56% | 5.31% | 5.72% | 6.37% | 7.87% | 5.91% | 6.41% | 6.96% | 7.38% | 8.02% | 6.22% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 2.93B | -3.65B | 1.08B | 2.13B | 3.35B | 1.52B | 3.65B | 3.87B | 3.74B | 918M | 3.01B | 2.79B | 2.58B | 2.61B | 3.39B | 2.12B | 2.2B | 1.52B | 1.65B | 2.88B |
| Operating Margin % | 6.71% | -8.05% | 2.21% | 4.51% | 7.62% | 3.19% | 7.49% | 8.07% | 8.69% | 2.14% | 6.83% | 6.23% | 6.45% | 6.05% | 8.1% | 5.92% | 6.1% | 4.53% | 6.14% | 8.43% |
| Operating Income Growth % | -12.73% | -339.62% | -70.53% | -45.08% | -10.28% | 65.8% | 21.22% | 38.92% | 44.9% | -64.83% | -11.2% | 31.76% | 17.44% | 71.71% | 106.2% | -26.58% | -32.99% | -46.98% | -63.64% | 358.71% |
| EBITDA | 4.26B | 854M | 5.19B | 5.17B | 6.29B | 4.75B | 6.52B | 7.36B | 6.54B | 4.07B | 6B | 5.72B | 5.39B | 5.38B | 6.17B | 4.97B | 5.09B | 4.46B | 4.73B | 5.9B |
| EBITDA Margin % | 9.76% | 1.89% | 10.68% | 10.97% | 14.28% | 9.97% | 13.38% | 15.34% | 15.19% | 9.47% | 13.6% | 12.79% | 13.48% | 12.48% | 14.72% | 13.9% | 14.14% | 13.27% | 17.65% | 17.27% |
| EBITDA Growth % | -32.29% | -82.04% | -20.47% | -29.77% | -3.79% | 16.89% | 8.64% | 28.61% | 21.22% | -24.39% | -2.61% | 15.08% | 5.98% | 20.71% | 30.45% | -15.73% | -19.15% | -25.05% | -38.51% | 174.29% |
| D&A (Non-Cash Add-back) | 1.33B | 4.5B | 4.11B | 3.04B | 2.93B | 3.23B | 2.87B | 3.49B | 2.8B | 3.15B | 2.99B | 2.93B | 2.81B | 2.77B | 2.77B | 2.86B | 2.89B | 2.94B | 3.08B | 3.02B |
| EBIT | 2.35B | -4.08B | 1.63B | 2.57B | 3.72B | -2.34B | 3.92B | 3.85B | 3.93B | 1.36B | 3.69B | 3.25B | 3.01B | 2.86B | 4.36B | 2.37B | 3B | 2.46B | 2.77B | 3.99B |
| Net Interest Income | 149M | 76M | 11M | 2M | 39M | 64M | 68M | 23M | -33M | 86M | 93M | 25M | -5M | -53M | -137M | -161M | -176M | -183M | -192M | -211M |
| Interest Income | 307M | 243M | 220M | 200M | 191M | 279M | 274M | 229M | 186M | 308M | 322M | 251M | 229M | 215M | 122M | 73M | 50M | 44M | 38M | 32M |
| Interest Expense | 158M | 167M | 209M | 198M | 152M | 215M | 206M | 206M | 219M | 222M | 229M | 226M | 234M | 268M | 259M | 234M | 226M | 227M | 230M | 243M |
| Other Income/Expense | 421M | -602M | 343M | 248M | 219M | -4.08B | 66M | -230M | -22M | 218M | 452M | 241M | 196M | -22M | 705M | 16M | 583M | 717M | 893M | 868M |
| Pretax Income | 3.35B | -4.25B | 1.42B | 2.38B | 3.57B | -2.56B | 3.72B | 3.64B | 3.71B | 1.14B | 3.46B | 3.03B | 2.77B | 2.59B | 4.1B | 2.13B | 2.78B | 2.24B | 2.54B | 3.75B |
| Pretax Margin % | 7.67% | -9.38% | 2.92% | 5.04% | 8.11% | -5.36% | 7.62% | 7.59% | 8.64% | 2.64% | 7.85% | 6.77% | 6.94% | 6% | 9.78% | 5.96% | 7.72% | 6.66% | 9.48% | 10.98% |
| Income Tax | 642M | -988M | 127M | 481M | 719M | 318M | 709M | 767M | 762M | -858M | 470M | 522M | 428M | 581M | 845M | 490M | -28M | 471M | 152M | 971M |
| Effective Tax Rate % | 19.18% | 23.25% | 8.95% | 20.25% | 20.13% | -12.44% | 19.07% | 21.05% | 20.51% | -75.53% | 13.57% | 17.23% | 15.42% | 22.45% | 20.62% | 22.98% | -1.01% | 21.05% | 5.99% | 25.89% |
| Net Income | 2.63B | -3.31B | 1.33B | 1.9B | 2.78B | -2.96B | 3.06B | 2.93B | 2.98B | 2.1B | 3.06B | 2.57B | 2.4B | 2B | 3.31B | 1.69B | 2.94B | 1.74B | 2.42B | 2.84B |
| Net Margin % | 6.02% | -7.31% | 2.73% | 4.02% | 6.32% | -6.21% | 6.27% | 6.12% | 6.93% | 4.89% | 6.94% | 5.73% | 5.99% | 4.64% | 7.89% | 4.73% | 8.17% | 5.18% | 9.04% | 8.3% |
| Net Income Growth % | -5.64% | -11.79% | -56.54% | -35.41% | -6.58% | -240.87% | -0.26% | 14.34% | 24.43% | 5.15% | -7.29% | 51.65% | -18.48% | 14.82% | 36.57% | -40.34% | -2.78% | -38.83% | -40.17% | 474.14% |
| Net Income (Continuing) | 2.71B | -3.26B | 1.29B | 1.89B | 2.85B | -2.88B | 3.01B | 2.88B | 2.95B | 1.99B | 2.99B | 2.51B | 2.35B | 2.01B | 3.25B | 1.64B | 2.81B | 1.77B | 2.39B | 2.78B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 2.04B | 2.05B | 2.03B | 2.1B | 2.05B | 2.52B | 3.23B | 3.27B | 4B | 4.02B | 4.25B | 4.32B | 4.36B | 4.49B | 4.5B | 4.42B | 4.97B | 6.07B | 6.17B | 6.21B |
| EPS (Diluted) | 2.84 | -3.60 | 1.35 | 1.91 | 3.35 | -1.53 | 2.68 | 2.54 | 2.56 | 1.59 | 2.20 | 1.83 | 1.69 | 1.39 | 2.27 | 1.15 | 1.35 | 1.20 | 1.62 | 1.90 |
| EPS Growth % | -15.22% | -135.29% | -49.63% | -24.8% | 30.86% | -196.23% | 21.82% | 38.8% | 51.48% | 14.39% | -3.08% | 59.13% | 25.19% | 15.83% | 40.12% | -39.47% | -33.5% | -39.7% | -41.73% | 458.49% |
| EPS (Basic) | 2.84 | -3.60 | 1.37 | 1.94 | 3.40 | -1.55 | 2.71 | 2.57 | 2.57 | 1.59 | 2.21 | 1.83 | 1.70 | 1.42 | 2.28 | 1.16 | 1.36 | 1.22 | 1.64 | 1.92 |
| Diluted Shares Outstanding | 919.44M | 919.44M | 976M | 976M | 1B | 1.13B | 1.13B | 1.15B | 1.16B | 1.31B | 1.38B | 1.39B | 1.4B | 1.43B | 1.46B | 1.47B | 1.47B | 1.47B | 1.47B | 1.47B |
| Basic Shares Outstanding | 919.44M | 919.44M | 963M | 963M | 988M | 1.12B | 1.12B | 1.14B | 1.16B | 1.33B | 1.37B | 1.39B | 1.4B | 1.4B | 1.45B | 1.46B | 1.46B | 1.45B | 1.45B | 1.45B |
| Dividend Payout Ratio | 8.49% | - | 15.06% | 7.6% | 6.29% | - | 6.28% | 4.64% | 6.64% | 4.95% | 5.94% | 4.91% | 7.72% | 6.35% | 5.72% | 0.47% | 2.48% | 0.92% | 3.14% | 0.63% |