General Motors Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	167,971	171,606	157,658	143,975	113,590
Other Revenue	17,048	15,836	14,184	12,760	13,414
Revenue	185,019	187,442	171,842	156,735	127,004
Revenue Growth (YoY)	-1.29%	9.08%	9.64%	23.41%	3.69%
Cost of Revenue	150,928	151,065	141,330	126,892	100,544
Gross Profit	19,835	23,149	19,276	21,154	18,079
Selling, General & Admin	8,443	10,430	9,656	9,155	6,645
Operating Expenses	8,443	10,430	9,656	9,155	6,645
Operating Income	11,392	12,719	9,620	11,999	11,434
Interest Expense	-727	-846	-911	-987	-950
Interest & Investment Income	854	967	1,109	460	146
Earnings From Equity Investments	-639	-4,419	342	664	1,100
Currency Exchange Gain (Loss)	-363	321	-349	-172	-
Other Non Operating Income (Expenses)	527	2	669	525	415
EBT Excluding Unusual Items	11,044	8,744	10,480	12,489	12,145
Merger & Restructuring Charges	-7,700	-	-	-657	-
Gain (Loss) on Sale of Investments	274	-225	-77	-236	571
Legal Settlements	-500	-	-	-	-
Pretax Income	3,118	8,519	10,403	11,596	12,716
Income Tax Expense	338	2,556	563	1,888	2,771
Earnings From Continuing Operations	2,780	5,963	9,840	9,708	9,945
Net Income to Company	2,780	5,963	9,840	9,708	9,945
Minority Interest in Earnings	-83	45	287	226	74
Net Income	2,697	6,008	10,127	9,934	10,019
Preferred Dividends & Other Adjustments	-483	-1,181	106	1,019	182
Net Income to Common	3,180	7,189	10,021	8,915	9,837
Net Income Growth	-55.11%	-40.67%	1.94%	-0.85%	55.89%
Shares Outstanding (Basic)	955	1,115	1,364	1,445	1,451
Shares Outstanding (Diluted)	973	1,129	1,369	1,454	1,468
Shares Change (YoY)	-13.82%	-17.53%	-5.85%	-0.95%	1.80%
EPS (Basic)	3.33	6.45	7.35	6.17	6.78
EPS (Diluted)	3.27	6.37	7.32	6.13	6.70
EPS Growth	-48.67%	-12.98%	19.41%	-8.51%	54.73%
Free Cash Flow	17,564	9,299	9,960	6,805	7,679
Free Cash Flow Per Share	18.05	8.24	7.28	4.68	5.23
Dividend Per Share	0.570	0.480	0.360	0.180	-
Dividend Growth	18.75%	33.33%	100.00%	-	-
Gross Margin	10.72%	12.35%	11.22%	13.50%	14.24%
Operating Margin	6.16%	6.79%	5.60%	7.66%	9.00%
Profit Margin	1.72%	3.84%	5.83%	5.69%	7.75%
Free Cash Flow Margin	9.49%	4.96%	5.80%	4.34%	6.05%
EBITDA	17,629	18,689	15,784	17,824	16,894
EBITDA Margin	9.53%	9.97%	9.19%	11.37%	13.30%
D&A For EBITDA	6,237	5,970	6,164	5,825	5,460
EBIT	11,392	12,719	9,620	11,999	11,434
EBIT Margin	6.16%	6.79%	5.60%	7.66%	9.00%
Effective Tax Rate	10.84%	30.00%	5.41%	16.28%	21.79%
Revenue as Reported	185,019	187,442	171,842	156,735	127,004
Advertising Expenses	3,100	3,300	3,600	4,000	3,300

Source: S&P Global Market Intelligence. Standard template. Financial Sources.