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General Motors CoGM

Sector
Automotive
Industry
Motor Vehicles & Passenger Car Bodies
Exchange
NYSE

Stock Price $GM

Latest filings

You are here#17 of 30 in Consumer Discretionary by market cap

Filing record · 2016–202610-K1110-Q338-K154

GM filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 154 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · Apr ’18Apr ’18
  2. Material agreement8-K · Apr ’20Apr ’20
  3. Leadership change8-K · Apr ’22Apr ’22
  4. Impairment8-K · Oct ’25Oct ’25

01—Key figures

Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  17. $185.02B
YoY changeLargest recent move+23.4%in FY22Latest −1.3%

1 older move runs past ±25% (largest +135.9%); point at, tap or drag across the bars to read one.

Latest bar from 10-KFY2025Click a bar to open its SEC filing

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All GM Financial Metrics60 metrics

Income Statement16

Balance Sheet25

Cash Flow14

Per Share5

02—Overview

General Motors Co Financial Overview 2021–2025

Updated Jul 10, 2026

General Motors absorbed a staggering $6.0 billiona charge at the end of FY2025 to rapidly scale back its electric vehicle ambitions and shift factory capacity back to gas-powered trucks and SUVs. The automaker is aggressively unwinding its all-electric strategy to protect the highly profitable internal combustion engine portfolio that actually funds its operations and capital returns. This pivot comes after taking earlier hits, including a $1.6 billion EV impairment and a $0.3 billion charge to wind down its Cruise robotaxi operations in Q3 2025.

The financial toll of this strategic retreat has fundamentally reshaped the company's bottom line. Reported earnings dropped from $6.70b per share in FY2021 to just $3.27 in FY2025 as the company navigated mounting restructuring costs and an estimated $4.0 billion to $5.0 billion in new tariff impacts. However, GM aggressively cushioned this earnings pressure by shrinking its share base from 1.50 billion shares in FY2021 to 0.90 billion by FY2025. Despite the heavy restructuring burden and slightly lower Q1 2026 operating income of $2.93 billion, investors rewarded the company's renewed focus on its most lucrative vehicles. At the close of FY2025, the market valued the automaker at a $73.5 billion market cap, with the stock trading at $81.32 and a 24.9x earnings multiple.

Recent Developments (Q4 2025 and Q1 2026)

General Motors opened 2026 with continued strategic realignments, recognizing an additional $1.1 billionc in Q1 2026 charges tied to EV capacity reassessments and commercial negotiations. Total net sales and revenue slipped to $43.62 billion in the quarter, down from $44.02 billion a year earlier, driving net income down to $2.63 billion. To support capital returns, the company expanded its share repurchase capacity by $6.0 billion in January 2026 and secured a new $2.0 billion revolving credit facility in March 2026. Additionally, the board of directors will shrink to 10 members following a scheduled June 2026 retirement.

Bulls highlight the strong performance of GM Financial, which grew quarterly revenue to $4.28 billiond, alongside a formidable $33.2 billion automotive liquidity buffer. Bears warn that sliding top-line revenue and recurring billion-dollar realignment costs make the stock appear fully priced at 24.1x earnings as of April 2026.

What to watch: margin impacts from ongoing commercial negotiations; performance of GM International following recent pricing improvements

03—Filings

Recent SEC Filings

  1. 8-KGeneral Motors Co 8-K Report, Financial Results (Oct 20, 2026)General Motors (GM) announced its third-quarter 2026 financial results, showcasing a significant increase in net income attributable to stockholders, rising to $3.3 billion from $1.3 billion in the prior year's quarter. Revenue also saw a healthy increase of 2.9% to $50.0 billion. The company's adjusted EBIT also improved notably, reaching $4.1 billion, up 21.6% year-over-year. This strong performance has led GM to update its full-year 2026 guidance, narrowing the EBIT-adjusted range to $14.5 billion - $15.5 billion, and increasing the adjusted automotive free cash flow outlook to $11.5 billion - $12.5 billion. Furthermore, GM demonstrated a strong commitment to shareholder returns by completing its $6.0 billion share repurchase program and announcing a new, substantial $20.0 billion multi-year share repurchase authorization. The Board of Directors also declared a quarterly cash dividend of $0.18 per share. These actions reflect management's confidence in the company's financial health and future prospects.
  2. 8-KGeneral Motors Co 8-K Report, Material Agreement (Aug 11, 2026)General Motors (GM) has entered into a Master IPU Agreement with Procura Auto Parts LLC, establishing a novel program designed to enhance supply chain resilience. This program allows GM to issue irrevocable payment undertakings (IPUs) to Procura Auto Parts, which will then advance funds to GM's suppliers. In return, these suppliers will acquire and hold critical inventory on behalf of GM. The primary objective is to mitigate production risks arising from supply chain disruptions such as extreme weather, natural disasters, or excessive demand, thereby securing essential components for vehicle manufacturing. This arrangement creates a financial obligation for GM, potentially up to $4.5 billion, which will be accounted for as unsecured debt. While designed to bolster operational continuity, investors should note the associated interest rate of SOFR plus 1.55% on outstanding IPUs and a ticking fee on the unutilized facility. The program offers a strategic advantage in managing supply chain volatility, but also introduces a new layer of financial commitment to be monitored within GM's capital structure.
  3. 8-KGeneral Motors Co 8-K Report, Financial Results (Jul 21, 2026)General Motors reported second-quarter 2026 revenue of $48.0 billion, up 1.9% year over year, and EBIT-adjusted of $3.9 billion, up 29.8%, with the EBIT-adjusted margin expanding to 8.2% from 6.4%. Reported net income attributable to stockholders fell 31.1% to $1.3 billion, and diluted EPS dropped to $1.41 from $1.91, reflected by $2.5 billion of pre-tax adjustments, mainly $2.3 billion of EV strategic realignment charges. Adjusted diluted EPS rose 41.3% to $3.57. The gap between GAAP and adjusted results is large and is driven by EV restructuring, so investors should weigh the quality and recurrence of these special items. The core operating picture improved. GMNA EBIT-adjusted rose 42.7% to $3.4 billion on a 8.6% margin, while GMI was roughly flat at $190 million and GM Financial EBT-adjusted fell 14.0% to $605 million. Adjusted automotive free cash flow more than doubled to $5.0 billion in the quarter, though automotive operating cash flow rose only 9.0%, and first-half operating cash flow declined 20.6%. Management raised full-year 2026 EBIT-adjusted guidance to $14.0-16.0 billion from $13.5-15.5 billion, and adjusted automotive free cash flow guidance to $9.5-11.5 billion from $9.0-11.0 billion. Guidance for GAAP net income and EPS was lowered because of higher expected special-item adjustments of $3.5 billion, compared with $1.0 billion previously. The board declared a quarterly dividend of $0.18 per share, payable September 17, 2026, to holders of record on September 4, 2026. Share count continued to fall, with diluted weighted-average shares down to 910 million from 976 million a year earlier, reflecting ongoing buybacks ($2.8 billion year to date). Note that this 8-K was filed July 21, 2026, and the date context suggests the analysis reflects that release only.
  4. 8-KGeneral Motors Co 8-K Report, Executive Changes (Jun 4, 2026)General Motors Company (GM) filed an 8-K on June 4, 2026, detailing key outcomes from its Annual Meeting of Shareholders held on June 2, 2026. The most significant development for investors is the shareholder approval of Amendment No. 2 to the 2020 Long-Term Incentive Plan (2020 LTIP). This amendment increases the share pool available for equity awards by 27 million shares and extends the plan's term by 10 years to June 3, 2036, indicating a continued reliance on equity-based compensation to incentivize management and employees. Furthermore, all 10 director nominees were elected for one-year terms, and shareholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for 2026. In an advisory vote, shareholders approved the compensation of named executive officers and affirmed an annual frequency for future advisory "say-on-pay" votes. Notably, two shareholder proposals—one seeking the separation of Chair and CEO roles and another requesting a report on human rights standards for Indigenous Peoples—failed to gain majority support.
  5. 8-KGeneral Motors Co 8-K Report, Executive Changes (May 26, 2026)General Motors Company (GM) announced on May 26, 2026, that Jonathan McNeill will retire from its Board of Directors upon the conclusion of the 2026 Annual Meeting of Shareholders scheduled for June 2, 2026. This departure is not due to any disagreements concerning the company's operations, policies, or practices, which is a positive indicator for internal stability. The company expressed gratitude for Mr. McNeill's service and contributions. Following Mr. McNeill's retirement, the Board of Directors plans to reduce its size from 11 to 10 members. This strategic adjustment in board size may signal a streamlined governance approach moving forward. Investors should monitor any future changes in board composition or governance structure.
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04—See also

Related Companies

Annual revenue over each company’s last eight fiscal years, each strip on its own scale from zero.