General Motors Financial Statements
NYSE: GMIndustrialsAuto ManufacturingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
General Motors revenue and earnings
In fiscal 2025, General Motors generated $185.02 billion in revenue, down 1.3% from fiscal 2024, its first annual decline since 2020. Net income was $2.70 billion (-55.1% year over year), for a net margin of 1.5% versus a median of 5.9% in the prior 5 years. Operating margin was 1.6%.
Diluted earnings per share came in at $3.27, down from $6.37. Over the last 5 fiscal years, GM's revenue has grown at a 8.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
General Motors income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 185.02B | 187.44B | 171.84B | 156.74B | 127.00B | 122.48B | 137.24B | 147.05B | 145.59B | 149.18B |
| Revenue growth (YoY) | -1.29% | +9.08% | +9.64% | +23.41% | +3.69% | -10.75% | -6.67% | +1.00% | -2.41% | +9.92% |
| Cost of Revenue | — | — | — | — | 100.54B | 97.54B | 110.65B | 120.66B | 116.23B | 121.78B |
| Gross Profit | — | — | — | — | 26.46B | 24.95B | 26.59B | 26.39B | 29.36B | 27.40B |
| Operating Expenses | 182.11B | 174.66B | 162.54B | 146.42B | 117.68B | 115.85B | 21.11B | 142.60B | 136.93B | 140.50B |
| Selling, General & Admin | — | — | — | — | 8.55B | 7.04B | 8.49B | 9.65B | 9.57B | 10.35B |
| Operating Income | 2.91B | 12.78B | 9.30B | 10.31B | 9.32B | 6.63B | 5.48B | 4.45B | 8.66B | 8.69B |
| Interest Expense | — | — | — | — | — | 4.12B | 4.42B | 3.88B | 3.14B | 2.54B |
| Other Income (Expense) | 1.53B | 1.26B | 1.54B | 1.43B | 3.04B | 1.89B | 1.47B | 2.60B | 1.65B | 1.60B |
| Pretax Income | 3.12B | 8.52B | 10.40B | 11.60B | 12.72B | 8.10B | 7.44B | 8.55B | 11.86B | 12.01B |
| Income Tax | 338.00M | 2.56B | 563.00M | 1.89B | 2.77B | 1.77B | 769.00M | 474.00M | 11.53B | 2.74B |
| Net Income | 2.70B | 6.01B | 10.13B | 9.93B | 10.02B | 6.43B | 6.73B | 8.01B | -3.86B | 9.43B |
| Net Income growth (YoY) | -55.11% | -40.67% | +1.94% | -0.85% | +55.89% | -4.53% | -16.00% | — | -140.99% | -2.68% |
| EPS (Basic) | 3.33 | 6.45 | 7.35 | 6.17 | 6.78 | 4.36 | 4.62 | 5.61 | -2.65 | 6.12 |
| EPS (Diluted) | 3.27 | 6.37 | 7.32 | 6.13 | 6.70 | 4.33 | 4.57 | 5.53 | -2.60 | 6.00 |
| Shares Outstanding (Basic) | 955.00M | 1.11B | 1.36B | 1.45B | 1.45B | 1.43B | 1.42B | 1.41B | 1.47B | 1.54B |
| Shares Outstanding (Diluted) | 973.00M | 1.13B | 1.37B | 1.45B | 1.47B | 1.44B | 1.44B | 1.43B | 1.49B | 1.57B |
| EBITDA | 14.89B | 24.24B | 21.04B | 21.59B | 21.37B | 19.31B | 19.54B | 17.59B | 20.63B | 18.37B |
| Gross Margin | — | — | — | — | 20.83% | 20.37% | 19.37% | 17.95% | 20.17% | 18.37% |
| Operating Margin | 1.57% | 6.82% | 5.41% | 6.58% | 7.34% | 5.42% | 3.99% | 3.02% | 5.95% | 5.82% |
| Net Margin | 146.00% | 3.21% | 5.89% | 6.34% | 7.89% | 5.25% | 4.91% | 5.45% | -2.65% | 6.32% |
This table shows 10 annual periods of General Motors's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow GM's reporting calendar. What is a income statement?