General Motors Company's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), General Motors Company reported revenue of $185.0B (-1.3% year on year) and net income of $3.2B (-55.8% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Automotive | $168.0B | $171.6B | $157.7B | $144.0B |
| GM Financial | $17.0B | $15.8B | $14.2B | $12.8B |
| Total net sales and revenue (Note 3) | $185.0B | $187.4B | $171.8B | $156.7B |
| Automotive and other cost of sales | $159.1B | $151.1B | $141.3B | $126.9B |
| GM Financial interest, operating, and other expenses | $14.3B | $13.0B | $11.4B | $8.9B |
| Automotive and other selling, general, and administrative expense | $8.7B | $10.6B | $9.8B | $10.7B |
| Total costs and expenses | $182.1B | $174.7B | $162.5B | $146.4B |
| Operating income (loss) | $2.9B | $12.8B | $9.3B | $10.3B |
| Automotive interest expense | $727.0M | $846.0M | — | — |
| Interest income and other non-operating income, net (Note 19) | $1.5B | $1.3B | $1.5B | $1.4B |
| Equity income (loss) (Note 8) | ($600.0M) | ($4.7B) | $480.0M | $837.0M |
| Income (loss) before income taxes | $3.1B | $8.5B | $10.4B | $11.6B |
| Total income tax expense (benefit) | $338.0M | $2.6B | $563.0M | $1.9B |
| Net income (loss) | $2.8B | $6.0B | $9.8B | $9.7B |
| Net loss (income) attributable to noncontrolling interests | ($83.0M) | $45.0M | $287.0M | $226.0M |
| Net income (loss) attributable to stockholders | $2.7B | $6.0B | $10.1B | $9.9B |
| Net income (loss) attributable to common stockholders | $3.2B | $7.2B | $10.0B | $8.9B |
| Basic earnings per common share (in dollars per share) | $3.33 | $6.45 | $7.35 | $6.17 |
| Weighted-average common shares outstanding – basic (in shares) | 955.0M | 1.1B | 1.4B | 1.4B |
| Diluted earnings per common share (in dollars per share) | $3.27 | $6.37 | $7.32 | $6.13 |
| Weighted-average common shares outstanding – diluted (in shares) | 973.0M | 1.1B | 1.4B | 1.5B |
| Line item | Sep 30, 2026 · Q3 | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 |
|---|---|---|---|---|
| Automotive | $45.7B | $43.8B | $39.3B | $44.3B |
| GM Financial | $4.3B | $4.3B | $4.3B | $4.3B |
| Total net sales and revenue (Note 2) | $50.0B | $48.0B | $43.6B | $48.6B |
| Automotive and other cost of sales | $40.7B | $40.7B | $35.0B | $41.9B |
| GM Financial interest, operating, and other expenses | $3.7B | $3.7B | $3.6B | $3.5B |
| Automotive and other selling, general, and administrative expense | $2.0B | $2.2B | $2.1B | $2.0B |
| Total costs and expenses | $46.4B | $46.6B | $40.7B | $47.5B |
| Operating income (loss) | $3.6B | $1.5B | $2.9B | $1.1B |
| Automotive interest expense | $162.0M | $151.0M | $158.0M | $209.0M |
| Interest income and other non-operating income, net | $274.0M | $223.0M | $307.0M | $475.0M |
| Equity income (loss) (Note 7) | $233.0M | $36.0M | $272.0M | $77.0M |
| Income (loss) before income taxes | $3.9B | $1.6B | $3.3B | $1.4B |
| Income tax expense (benefit) (Note 14) | $565.0M | $214.0M | $642.0M | $127.0M |
| Net income (loss) | $3.4B | $1.4B | $2.7B | $1.3B |
| Net loss (income) attributable to noncontrolling interests | ($42.0M) | ($48.0M) | ($78.0M) | $35.0M |
| Net income (loss) attributable to stockholders | $3.3B | $1.3B | $2.6B | $1.3B |
| Net income (loss) attributable to common stockholders | $3.3B | $1.3B | $2.6B | $1.3B |
| Basic earnings per common share (in dollars per share) | $3.79 | $1.44 | $2.87 | $1.37 |
| Weighted-average common shares outstanding – basic (in shares) | 872.0M | 896.0M | 911.0M | 944.0M |
| Diluted earnings per common share (in dollars per share) | $3.73 | $1.41 | $2.82 | $1.35 |
| Weighted-average common shares outstanding – diluted (in shares) | 887.0M | 910.0M | 926.0M | 964.0M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents (Note 4) | $20.9B | $19.9B | $18.9B | $19.2B |
| Marketable debt securities (Note 4) | $6.7B | $7.3B | $7.6B | $12.2B |
| Accounts and notes receivable, net of allowance of $244 and $313 | $13.1B | $12.8B | $12.4B | $13.3B |
| GM Financial receivables, net of allowance of $1,168 and $991 (Note 5; Note 11) | $45.3B | $46.4B | $39.1B | $33.6B |
| Inventories (Note 6) | $14.5B | $14.6B | $16.5B | $15.4B |
| Other current assets (Note 4; Note 11) | $8.3B | $7.7B | $7.2B | $6.8B |
| Total current assets | $108.8B | $108.5B | $101.6B | $100.5B |
| GM Financial receivables, net of allowance of $1,557 and $1,467 (Note 5; Note 11) | $44.4B | $46.5B | $45.0B | $40.6B |
| Equity in net assets of nonconsolidated affiliates (Note 8) | $5.7B | $7.1B | $10.6B | $10.2B |
| Property, net (Note 9) | $51.7B | $51.9B | $50.3B | $45.2B |
| Goodwill and intangible assets, net (Note 10) | $4.4B | $4.6B | $4.9B | $4.9B |
| Equipment on operating leases, net (Note 7; Note 11) | $33.7B | $31.6B | $30.6B | $32.7B |
| Deferred income taxes (Note 17) | $23.0B | $21.3B | $22.3B | $20.5B |
| Other assets (Note 4; Note 11; Note 15) | $9.8B | $8.3B | $7.7B | $9.4B |
| Total non-current assets | $172.5B | $171.2B | $171.4B | $163.6B |
| Total Assets | $281.3B | $279.8B | $273.1B | $264.0B |
| Accounts payable (principally trade) | $23.9B | $25.7B | $28.1B | $27.5B |
| Short-term debt and current portion of long-term debt (Note 13) | $35.7B | $39.4B | $39.0B | $38.8B |
| Accrued liabilities (Note 12) | $33.8B | $31.2B | $27.4B | $24.9B |
| Total current liabilities | $93.3B | $96.3B | $94.4B | $91.2B |
| Long-term debt (Note 13) | $94.6B | $90.3B | $82.8B | $75.9B |
| Postretirement benefits other than pensions (Note 15) | $4.0B | $4.0B | $4.3B | $4.2B |
| Pensions (Note 15) | $5.0B | $5.8B | $6.7B | $5.7B |
| Other liabilities (Note 12) | $21.2B | $17.8B | $16.5B | $14.8B |
| Total non-current liabilities | $124.8B | $117.9B | $110.3B | $100.6B |
| Total Liabilities | $218.1B | $214.2B | $204.8B | $191.8B |
| Common stock, $0.01 par value | $9.0M | $10.0M | $12.0M | $14.0M |
| Additional paid-in capital | $19.9B | $20.8B | $19.1B | $26.4B |
| Retained earnings | $51.5B | $53.5B | $55.4B | $49.3B |
| Accumulated other comprehensive loss | ($10.3B) | ($11.3B) | ($10.2B) | ($7.9B) |
| Total stockholders’ equity | $61.1B | $63.1B | $64.3B | $67.8B |
| Noncontrolling interests | $2.0B | $2.5B | $3.9B | $4.1B |
| Total Equity | $63.2B | $65.6B | $68.2B | $71.9B |
| Total Liabilities and Equity | $281.3B | $279.8B | $273.1B | $264.0B |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents (Note 3) | $23.2B | $20.1B | $19.8B | $22.9B |
| Marketable debt securities (Note 3) | $4.6B | $4.6B | $4.6B | $6.8B |
| Accounts and notes receivable, net of allowance of $234 and $244 | $17.1B | $16.8B | $16.4B | $17.1B |
| GM Financial receivables, net of allowance of $1,191 and $1,168 (Note 4; Note 8) | $46.5B | $44.9B | $43.8B | $44.5B |
| Inventories (Note 5) | $15.6B | $15.9B | $15.6B | $15.3B |
| Other current assets (Note 3; Note 8) | $8.8B | $7.7B | $9.0B | $8.0B |
| Total current assets | $115.9B | $110.0B | $109.1B | $114.6B |
| GM Financial receivables, net of allowance of $1,704 and $1,557 (Note 4; Note 8) | $45.0B | $44.5B | $43.7B | $45.3B |
| Equity in net assets of nonconsolidated affiliates (Note 7) | $5.4B | $5.7B | $6.0B | $6.3B |
| Property, net | $54.8B | $53.3B | $52.2B | $51.9B |
| Goodwill and intangible assets, net | $4.3B | $4.3B | $4.3B | $4.5B |
| Equipment on operating leases, net (Note 6; Note 8) | $32.2B | $32.9B | $33.3B | $33.6B |
| Deferred income taxes | $22.1B | $22.6B | $22.7B | $21.7B |
| Other assets (Note 3; Note 8) | $9.5B | $9.5B | $9.6B | $10.3B |
| Total non-current assets | $173.3B | $172.7B | $171.9B | $173.5B |
| Total Assets | $289.2B | $282.7B | $281.0B | $288.2B |
| Accounts payable (principally trade) | $29.8B | $28.8B | $27.9B | $27.3B |
| Short-term debt and current portion of long-term debt (Note 9) | $43.5B | $37.0B | $36.3B | $36.5B |
| Accrued liabilities | $33.1B | $31.0B | $30.5B | $29.5B |
| Total current liabilities | $106.3B | $96.8B | $94.7B | $93.3B |
| Long-term debt (Note 9) | $85.3B | $90.7B | $91.5B | $96.0B |
| Postretirement benefits other than pensions (Note 12) | $3.9B | $3.9B | $4.0B | $3.9B |
| Pensions (Note 12) | $4.5B | $4.5B | $4.7B | $6.0B |
| Other liabilities | $24.7B | $23.1B | $21.4B | $20.5B |
| Total non-current liabilities | $118.3B | $122.3B | $121.6B | $126.5B |
| Total Liabilities | $224.7B | $219.1B | $216.3B | $219.8B |
| Common stock, $0.01 par value | $8.0M | $9.0M | $9.0M | $9.0M |
| Additional paid-in capital | $18.7B | $19.2B | $19.5B | $20.3B |
| Retained earnings | $54.2B | $53.0B | $53.4B | $56.9B |
| Accumulated other comprehensive loss | ($10.2B) | ($10.2B) | ($10.3B) | ($10.8B) |
| Total stockholders’ equity | $62.8B | $62.0B | $62.7B | $66.4B |
| Noncontrolling interests | $1.7B | $1.6B | $2.0B | $2.0B |
| Total Equity | $64.5B | $63.6B | $64.7B | $68.4B |
| Total Liabilities and Equity | $289.2B | $282.7B | $281.0B | $288.2B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income (loss) | $2.8B | $6.0B | $9.8B | $9.7B |
| Depreciation and impairment of Equipment on operating leases, net | $4.9B | $4.8B | $4.9B | $4.8B |
| Depreciation, amortization, and impairment charges on Property, net | $9.6B | $7.5B | $7.0B | $6.5B |
| Foreign currency remeasurement and transaction (gains) losses | $363.0M | ($321.0M) | $349.0M | $172.0M |
| Undistributed earnings and impairment of nonconsolidated affiliates, net | $1.8B | $4.1B | $245.0M | $193.0M |
| Pension contributions and OPEB payments | ($539.0M) | ($1.5B) | ($1.1B) | ($790.0M) |
| Pension and OPEB (income) expense, net | $29.0M | $89.0M | $90.0M | ($1.2B) |
| Provision (benefit) for deferred taxes | ($1.2B) | $1.4B | ($1.0B) | $425.0M |
| Change in other operating assets and liabilities (Note 24) | $9.1B | ($1.5B) | $1.8B | ($3.0B) |
| Other operating activities | $54.0M | ($433.0M) | ($1.2B) | ($790.0M) |
| Net cash provided by (used in) operating activities | $26.9B | $20.1B | $20.9B | $16.0B |
| Expenditures for property | ($9.3B) | ($10.8B) | ($11.0B) | ($9.2B) |
| Available-for-sale marketable securities, acquisitions | ($2.3B) | ($4.0B) | ($4.4B) | ($11.8B) |
| Available-for-sale marketable securities, liquidations | $3.0B | $4.3B | $9.3B | $8.1B |
| Purchases of finance receivables | ($36.7B) | ($36.3B) | ($35.4B) | ($34.0B) |
| Principal collections and recoveries on finance receivables | $35.1B | $31.8B | $28.3B | $26.9B |
| Proceeds from sale of finance receivables (Note 5) | $2.0B | — | — | — |
| Purchases of leased vehicles | ($15.8B) | ($15.3B) | ($13.6B) | ($11.9B) |
| Proceeds from termination of leased vehicles | $10.1B | $10.9B | $13.0B | $14.2B |
| Other investing activities | ($2.2B) | ($1.1B) | ($969.0M) | ($62.0M) |
| Net cash provided by (used in) investing activities | ($16.1B) | ($20.5B) | ($14.7B) | ($17.9B) |
| Net increase (decrease) in short-term debt | ($312.0M) | $128.0M | ($156.0M) | $373.0M |
| Proceeds from issuance of debt (original maturities greater than three months) | $43.2B | $53.4B | $51.0B | $45.8B |
| Payments on debt (original maturities greater than three months) | ($45.6B) | ($43.4B) | ($44.7B) | ($39.6B) |
| Payments to purchase common stock (Note 20) | ($6.0B) | ($7.1B) | ($11.1B) | ($2.5B) |
| Issuance (redemption) of subsidiary stock (Note 20) | ($29.0M) | ($101.0M) | $0 | ($2.1B) |
| Dividends paid | ($657.0M) | ($653.0M) | ($597.0M) | ($397.0M) |
| Other financing activities | ($180.0M) | ($407.0M) | ($774.0M) | ($1.2B) |
| Net cash provided by (used in) financing activities | ($9.6B) | $1.9B | ($6.4B) | $383.0M |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | $177.0M | ($503.0M) | $54.0M | ($138.0M) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | $1.3B | $1.0B | ($31.0M) | ($1.6B) |
| Cash, cash equivalents, and restricted cash at beginning of period | $23.0B | $21.9B | $21.9B | $23.5B |
| Cash, cash equivalents, and restricted cash at end of period | $24.3B | $23.0B | $21.9B | $21.9B |
| Non-cash property additions | $3.9B | $3.9B | $6.0B | $5.4B |
| Non-cash Ultium loan receivable reduction | $390.0M | — | — | — |
| Line item | Sep 30, 2026 · YTD | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD |
|---|---|---|---|---|
| Net income (loss) | $7.4B | $4.1B | $2.7B | $6.0B |
| Depreciation and impairment of Equipment on operating leases, net | $3.9B | $2.6B | $1.3B | $3.7B |
| Depreciation, amortization, and impairment charges on Property, net | $5.1B | $3.5B | $1.7B | $6.4B |
| Foreign currency remeasurement and transaction (gains) losses | ($45.0M) | $30.0M | ($64.0M) | $285.0M |
| Undistributed earnings of nonconsolidated affiliates, net | ($134.0M) | $93.0M | ($266.0M) | $396.0M |
| Pension contributions and OPEB payments | ($619.0M) | ($432.0M) | ($231.0M) | ($433.0M) |
| Pension and OPEB (income) expense, net | $46.0M | $22.0M | $11.0M | $23.0M |
| Provision (benefit) for deferred taxes | $931.0M | $289.0M | $222.0M | $127.0M |
| Change in other operating assets and liabilities | ($3.0M) | ($891.0M) | ($2.5B) | $3.5B |
| Net cash provided by (used in) operating activities | $16.6B | $9.3B | $3.0B | $20.1B |
| Expenditures for property | ($5.8B) | ($3.5B) | ($1.5B) | ($6.1B) |
| Available-for-sale marketable securities, acquisitions | ($2.3B) | ($1.5B) | ($734.0M) | ($1.8B) |
| Available-for-sale marketable securities, liquidations | $4.4B | $3.6B | $2.8B | $2.4B |
| Purchases of finance receivables | ($28.5B) | ($18.7B) | ($8.4B) | ($28.3B) |
| Principal collections and recoveries on finance receivables | $26.7B | $17.7B | $9.1B | $26.5B |
| Proceeds from sale of finance receivables (Note 4) | $0 | — | — | $2.0B |
| Purchases of leased vehicles | ($9.6B) | ($6.6B) | ($3.3B) | ($12.6B) |
| Proceeds from termination of leased vehicles | $8.3B | $5.5B | $2.5B | $7.8B |
| Other investing activities | $276.0M | ($97.0M) | $94.0M | ($2.5B) |
| Net cash provided by (used in) investing activities | ($6.6B) | ($3.5B) | $632.0M | ($12.5B) |
| Net increase (decrease) in short-term debt | ($59.0M) | ($16.0M) | $92.0M | $13.0M |
| Proceeds from issuance of debt (original maturities greater than three months) | $34.3B | $23.4B | $8.4B | $37.1B |
| Payments on debt (original maturities greater than three months) | ($34.7B) | ($25.7B) | ($10.8B) | ($37.4B) |
| Payments to purchase common stock (Note 16) | ($5.3B) | ($2.8B) | ($800.0M) | ($3.5B) |
| Issuance (redemption) of subsidiary stock (Note 16) | $0 | $0 | $0 | ($29.0M) |
| Dividends paid | ($1.0B) | ($831.0M) | ($223.0M) | ($519.0M) |
| Other financing activities | ($496.0M) | ($452.0M) | ($321.0M) | ($274.0M) |
| Net cash provided by (used in) financing activities | ($7.3B) | ($6.4B) | ($3.7B) | ($4.6B) |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | ($29.0M) | ($83.0M) | ($113.0M) | $237.0M |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | $2.7B | ($708.0M) | ($221.0M) | $3.2B |
| Cash, cash equivalents, and restricted cash at beginning of period | $24.3B | $24.3B | $24.3B | $23.0B |
| Cash, cash equivalents, and restricted cash at end of period | $27.0B | $23.6B | $24.1B | $26.2B |
| Non-cash property additions | $5.7B | $5.0B | $2.3B | $3.9B |
General Motors Company score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.