financial statements

The full income statement, balance sheet, and cash-flow statement for General Motors Company (GM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	168B YoY-2.1%	172B YoY+8.8%	158B YoY+9.5%	144B YoY+26.7%	114B YoY+4.5%
Cost of revenue	—	—	—	—	101B YoY+3.1%
	182B YoY+4.3%	175B YoY+7.5%	163B YoY+11.0%	146B YoY+24.4%	118B YoY+1.6%
Selling, general & administrative	—	—	—	—	8.55B YoY+21.5%
Restructuring	4.94B YoY+175.9%	1.79B YoY-2.2%	1.83B YoY+250.8%	522M YoY+141.7%	216M YoY-61.8%
Amortization of intangibles	145M YoY-0.7%	146M YoY+28.1%	114M YoY-18.0%	139M YoY-1.4%	141M YoY-2.1%
Operating income	2.91B YoY-77.2%	12.8B YoY+37.5%	9.30B YoY-9.9%	10.3B YoY+10.6%	9.32B YoY+40.5%
Other non-operating income	-31.0M YoY-127.7%	112M YoY-24.8%	149M YoY+127.5%	-542M YoY-346.4%	220M YoY+201.4%
Equity-method income	184M YoY+105.0%	-3.70B YoY-578.8%	773M YoY-7.6%	837M YoY-35.7%	1.30B YoY+93.0%
Pre-tax income	3.12B YoY-63.4%	8.52B YoY-18.1%	10.4B YoY-10.3%	11.6B YoY-8.8%	12.7B YoY+57.1%
Income tax	338M YoY-86.8%	2.56B YoY+354.0%	563M YoY-70.2%	1.89B YoY-31.9%	2.77B YoY+56.2%
	2.78B YoY-53.4%	5.96B YoY-39.4%	9.84B YoY+1.4%	9.71B YoY-2.4%	9.95B YoY+54.7%
Income from continuing operations	—	—	—	9.93B YoY-0.8%	10.0B YoY+55.9%
Net income to non-controlling interest	83.0M YoY+284.4%	-45.0M YoY+84.3%	-287M YoY-27.0%	-226M YoY-205.4%	-74.0M YoY+30.2%
Preferred dividends	-483M YoY+59.1%	-1.18B YoY-1214.2%	106M YoY-89.6%	1.02B YoY+459.9%	182M YoY+1.1%
Net income to common	3.18B YoY-55.8%	7.19B YoY-28.3%	10.0B YoY+12.4%	8.91B YoY-9.4%	9.84B YoY+57.5%
	$3.27 YoY-48.7%	$6.37 YoY-13.0%	$7.32 YoY+19.4%	$6.13 YoY-8.5%	$6.70 YoY+54.7%
EPS (basic)	$3.33 YoY-48.4%	$6.45 YoY-12.2%	$7.35 YoY+19.1%	$6.17 YoY-9.0%	$6.78 YoY+55.5%
Weighted-avg shares (basic)	955M YoY-14.3%	1.11B YoY-18.3%	1.36B YoY-5.6%	1.45B YoY-0.4%	1.45B YoY+1.3%
Weighted-avg shares (diluted)	973M YoY-13.8%	1.13B YoY-17.5%	1.37B YoY-5.8%	1.45B YoY-1.0%	1.47B YoY+1.8%
Dividends per share	$0.57 YoY+18.7%	$0.48 YoY+33.3%	$0.36 YoY+100.0%	$0.18	—
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	109B YoY+0.2%	109B YoY+6.8%	102B YoY+1.2%	100B YoY+22.3%	82.1B YoY+1.5%
Cash & equivalents	20.9B YoY+5.4%	19.9B YoY+5.4%	18.9B YoY-1.6%	19.2B YoY-4.6%	20.1B YoY+0.4%
Short-term investments	7.05B YoY+0.0%	7.05B YoY+0.0%	7.05B YoY+0.0%	7.05B YoY+0.0%	7.05B YoY+0.0%
Accounts receivable	13.1B YoY+1.8%	12.8B YoY+3.6%	12.4B YoY-7.2%	13.3B YoY+80.3%	7.39B YoY-8.0%
Inventory	14.5B YoY-0.7%	14.6B YoY-11.5%	16.5B YoY+7.1%	15.4B YoY+18.3%	13.0B YoY+26.9%
Other current assets	8.31B YoY+8.6%	7.66B YoY+5.8%	7.24B YoY+6.1%	6.83B YoY+6.7%	6.40B YoY-13.6%
	281B YoY+0.5%	280B YoY+2.5%	273B YoY+3.4%	264B YoY+7.9%	245B YoY+4.0%
Property, plant & equipment	49.4B YoY+0.0%	49.4B YoY+0.0%	49.4B YoY+9.2%	45.2B YoY+10.1%	41.1B YoY+9.3%
Operating lease right-of-use	33.7B YoY+3565.5%	919M YoY-6.1%	979M YoY-11.0%	1.10B YoY+0.0%	1.10B
Goodwill	1.90B YoY+0.0%	1.90B YoY+0.0%	1.90B YoY+0.0%	1.90B YoY+0.0%	1.90B YoY+0.0%
Intangible assets	2.45B YoY-7.4%	2.65B YoY-9.9%	2.94B YoY-3.1%	3.03B YoY-4.4%	3.17B YoY-4.4%
Long-term investments	244M YoY+0.0%	244M YoY+0.0%	244M YoY+0.0%	244M YoY+0.0%	244M YoY+0.0%
Deferred tax assets	23.0B YoY+8.0%	21.3B YoY-4.9%	22.3B YoY+8.8%	20.5B YoY-2.9%	21.2B YoY-12.4%
Other non-current assets	9.76B YoY+16.9%	8.35B YoY+8.6%	7.69B YoY-18.1%	9.39B YoY-18.3%	11.5B YoY+58.1%
Total non-current assets	173B YoY+0.8%	171B YoY-0.1%	171B YoY+4.8%	164B YoY+0.6%	163B YoY+5.4%
	93.3B YoY-3.0%	96.3B YoY+1.9%	94.4B YoY+3.6%	91.2B YoY+22.5%	74.4B YoY-6.9%
Accounts payable	23.9B YoY-6.9%	25.7B YoY-8.7%	28.1B YoY+2.3%	27.5B YoY+34.8%	20.4B YoY+2.3%
Accrued liabilities	33.8B YoY+8.3%	31.2B YoY+13.9%	27.4B YoY+9.9%	24.9B YoY+22.7%	20.3B YoY-12.0%
Deferred revenue	3.95B YoY+17.2%	3.37B YoY+20.3%	2.80B YoY+12.6%	2.49B YoY+1.1%	2.46B YoY-21.4%
Current lease liability	266M YoY+4.7%	254M YoY-3.8%	264M YoY+6.9%	247M YoY+21.1%	204M
	218B YoY+1.8%	214B YoY+4.6%	205B YoY+6.8%	192B YoY+7.2%	179B YoY-3.6%
Deferred revenue (non-current)	7.10B YoY+19.5%	5.94B YoY+18.4%	5.02B YoY+41.3%	3.55B YoY+18.0%	3.01B YoY+10.9%
Non-current lease liability	1.03B YoY+7.7%	961M YoY+6.0%	907M YoY-6.2%	967M YoY-4.4%	1.01B YoY+4.4%
Deferred tax liabilities	603M YoY+0.0%	603M YoY+0.0%	603M YoY+0.0%	603M YoY+0.0%	603M YoY+0.0%
Other non-current liabilities	21.2B YoY+18.6%	17.8B YoY+8.0%	16.5B YoY+11.8%	14.8B YoY-2.1%	15.1B YoY+12.2%
Total non-current liabilities	125B YoY+5.8%	118B YoY+6.9%	110B YoY+9.7%	101B YoY-3.7%	104B YoY-1.1%
	61.1B YoY-3.1%	63.1B YoY-1.9%	64.3B YoY-5.2%	67.8B YoY+13.5%	59.7B YoY+32.7%
Common stock	9.00M YoY-10.0%	10.0M YoY-16.7%	12.0M YoY-14.3%	14.0M YoY-6.7%	15.0M YoY+7.1%
Additional paid-in capital	19.9B YoY-4.4%	20.8B YoY+9.0%	19.1B YoY-27.6%	26.4B YoY-2.3%	27.1B YoY+2.0%
Retained earnings	51.5B YoY-3.6%	53.5B YoY-3.5%	55.4B YoY+12.5%	49.3B YoY+17.4%	41.9B YoY+31.2%
Accumulated other comprehensive income	-10.3B YoY+8.1%	-11.3B YoY-9.8%	-10.2B YoY-29.7%	-7.90B YoY+14.8%	-9.27B YoY+31.3%
Non-controlling interest	2.05B YoY-18.6%	2.52B YoY-35.5%	3.90B YoY-5.6%	4.13B YoY-31.9%	6.07B YoY+30.6%
Total equity incl. non-controlling	63.2B YoY-3.7%	65.6B YoY-3.8%	68.2B YoY-5.2%	71.9B YoY+9.3%	65.8B YoY+32.5%
Total liabilities & equity	281B YoY+0.5%	280B YoY+2.5%	273B YoY+3.4%	264B YoY+7.9%	245B YoY+4.0%
Common shares issued	904M YoY-9.1%	995M YoY-17.1%	1.20B YoY-14.3%	1.40B YoY-6.7%	1.50B YoY+7.1%
Common shares outstanding	904M YoY-9.1%	995M YoY-17.1%	1.20B YoY-14.3%	1.40B YoY-6.7%	1.50B YoY+7.1%
Shares outstanding (cover)	933M YoY-15.2%	1.10B YoY-19.7%	1.37B YoY-3.6%	1.42B YoY-2.1%	1.45B YoY+1.4%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	26.9B YoY+33.5%	20.1B YoY-3.8%	20.9B YoY+30.5%	16.0B YoY+5.6%	15.2B YoY-8.9%
Depreciation & amortization	12.0B YoY+4.6%	11.5B YoY-2.4%	11.7B YoY+4.1%	11.3B YoY-6.4%	12.0B YoY-5.0%
Deferred income taxes	-1.25B YoY-191.3%	1.37B YoY+231.4%	-1.04B YoY-344.9%	425M YoY-80.8%	2.21B YoY+139.4%
Change in receivables	-846M YoY-200.0%	846M YoY+171.5%	-1.18B YoY-126.4%	4.48B YoY+1009.3%	-493M YoY-136.8%
Change in inventory	-626M YoY+6.0%	-666M YoY-188.0%	757M YoY-70.7%	2.58B YoY-18.2%	3.15B YoY+2933.7%
Change in payables	-2.15B YoY-267.1%	1.28B YoY+422.6%	-398M YoY-106.5%	6.14B YoY+626.9%	-1.17B YoY-2876.2%
Other operating activities	54.0M YoY+112.5%	-433M YoY+62.8%	-1.16B YoY-47.2%	-790M YoY+70.5%	-2.68B YoY-27.4%
	-16.1B YoY+21.4%	-20.5B YoY-39.9%	-14.7B YoY+18.0%	-17.9B YoY-9.3%	-16.4B YoY+25.1%
Capital expenditure	9.30B YoY-14.1%	10.8B YoY-1.3%	11.0B YoY+18.7%	9.24B YoY+23.0%	7.51B YoY+41.7%
Other investing activities	2.17B YoY+101.2%	1.08B YoY+11.6%	969M YoY+1462.9%	62.0M YoY-90.2%	635M YoY+876.9%
	-9.59B YoY-594.8%	1.94B YoY+130.5%	-6.35B YoY-1758.7%	383M YoY-78.0%	1.74B YoY-68.6%
Common stock repurchased	6.01B YoY-14.9%	7.06B YoY-36.4%	11.1B YoY+344.6%	2.50B	0.00 YoY-100.0%
Dividends paid	657M YoY+0.6%	653M YoY+9.4%	597M YoY+50.4%	397M YoY+113.4%	186M YoY-72.2%
Other financing activities	-180M YoY+55.8%	-407M YoY+47.4%	-774M YoY+34.3%	-1.18B YoY-455.7%	-212M YoY+34.2%
FX effect on cash	177M YoY+135.2%	-503M YoY-1031.5%	54.0M YoY+139.1%	-138M YoY+9.2%	-152M YoY+31.5%
Net change in cash	1.32B YoY+26.1%	1.05B YoY+3477.4%	-31.0M YoY+98.1%	-1.59B YoY-475.1%	425M YoY+144.3%
Interest paid	6.63B YoY+7.2%	6.18B YoY+12.1%	5.51B YoY+52.9%	3.61B YoY+6.0%	3.40B YoY-14.0%
Income taxes paid	1.55B YoY+3.2%	1.50B YoY-11.8%	1.70B YoY+42.7%	1.19B YoY+82.7%	652M YoY-9.3%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	75.9B YoY+29.5%	58.6B YoY+19.1%	49.2B YoY+2.9%	47.8B YoY-43.9%	85.1B YoY+42.8%
P/E	27.3× YoY+177.8%	9.8× YoY+94.7%	5.0× YoY-1.2%	5.1× YoY-40.3%	8.6× YoY-7.7%
P/S	0.5× YoY+32.3%	0.3× YoY+9.3%	0.3× YoY-14.4%	0.4× YoY-51.3%	0.7× YoY+36.6%
P/B	1.2× YoY+33.6%	0.9× YoY+39.9%	0.7× YoY-11.7%	0.8× YoY-47.3%	1.4× YoY+7.6%
P/FCF	4.3× YoY-31.4%	6.3× YoY+57.1%	4.0× YoY-33.8%	6.1× YoY-45.3%	11.1× YoY+111.5%
Earnings yield	3.7% YoY-64.0%	10.2% YoY-48.6%	19.8% YoY+1.2%	19.6% YoY+67.6%	11.7% YoY+8.3%
FCF yield	23.2% YoY+45.8%	15.9% YoY-36.4%	24.9% YoY+51.1%	16.5% YoY+83.0%	9.0% YoY-52.7%
Dividend yield	0.7% YoY-22.2%	0.9% YoY-10.1%	1.0% YoY+87.3%	0.5%	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: GM's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all GM filings on SEC EDGAR → Not investment advice.

GM▼ financial statements

About this data

financial statements