General Motors Co
BMV:GM
Income Statement
Earnings Waterfall
General Motors Co
Income Statement
General Motors Co
| Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
6 151
|
5 229
|
2 104
|
1 179
|
1 098
|
910
|
815
|
653
|
540
|
501
|
464
|
491
|
489
|
470
|
413
|
350
|
334
|
346
|
385
|
416
|
403
|
410
|
418
|
434
|
423
|
437
|
473
|
506
|
563
|
586
|
574
|
580
|
575
|
578
|
605
|
615
|
655
|
686
|
722
|
767
|
782
|
794
|
902
|
1 023
|
1 098
|
1 155
|
1 095
|
998
|
950
|
926
|
917
|
946
|
987
|
995
|
987
|
957
|
911
|
896
|
876
|
853
|
846
|
779
|
771
|
774
|
727
|
|
| Revenue |
104 589
N/A
|
113 634
+9%
|
123 761
+9%
|
131 037
+6%
|
135 592
+3%
|
140 310
+3%
|
146 509
+4%
|
149 168
+2%
|
150 276
+1%
|
151 841
+1%
|
150 082
-1%
|
150 939
+1%
|
152 256
+1%
|
151 381
-1%
|
152 842
+1%
|
154 249
+1%
|
155 427
+1%
|
155 951
+0%
|
156 525
+0%
|
156 797
+0%
|
155 929
-1%
|
154 233
-1%
|
152 764
-1%
|
152 352
0%
|
135 725
-11%
|
133 029
-2%
|
132 232
-1%
|
132 278
+0%
|
149 184
+13%
|
153 434
+3%
|
153 035
0%
|
147 769
-3%
|
145 588
-1%
|
144 421
-1%
|
144 197
0%
|
146 365
+2%
|
147 049
+0%
|
145 828
-1%
|
145 128
0%
|
144 810
0%
|
137 237
-5%
|
135 068
-2%
|
115 786
-14%
|
115 793
+0%
|
122 485
+6%
|
122 250
0%
|
139 639
+14%
|
130 938
-6%
|
127 004
-3%
|
130 509
+3%
|
132 101
+1%
|
147 211
+11%
|
156 735
+6%
|
160 741
+3%
|
169 728
+6%
|
171 970
+1%
|
171 842
0%
|
174 870
+2%
|
178 093
+2%
|
182 719
+3%
|
187 442
+3%
|
188 448
+1%
|
187 601
0%
|
187 435
0%
|
185 019
-1%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(112 130)
|
(115 138)
|
(114 363)
|
(118 577)
|
(118 920)
|
(123 216)
|
(128 586)
|
(130 945)
|
(131 171)
|
(132 479)
|
(131 446)
|
(132 546)
|
(141 443)
|
(141 258)
|
(142 711)
|
(143 456)
|
(137 373)
|
(138 102)
|
(139 280)
|
(140 396)
|
(139 221)
|
(136 061)
|
(133 199)
|
(131 956)
|
(116 514)
|
(114 427)
|
(113 615)
|
(113 292)
|
(130 153)
|
(132 740)
|
(133 047)
|
(129 109)
|
(127 357)
|
(128 874)
|
(129 731)
|
(131 925)
|
(132 954)
|
(131 291)
|
(129 695)
|
(129 259)
|
(123 265)
|
(121 812)
|
(106 123)
|
(104 490)
|
(108 613)
|
(106 225)
|
(120 403)
|
(114 261)
|
(107 726)
|
(115 011)
|
(116 801)
|
(129 735)
|
(136 954)
|
(139 734)
|
(147 584)
|
(150 239)
|
(152 426)
|
(155 047)
|
(156 788)
|
(160 373)
|
(163 734)
|
(165 314)
|
(167 029)
|
(170 047)
|
(173 800)
|
|
| Gross Profit |
(7 541)
N/A
|
(1 977)
+74%
|
8 925
N/A
|
12 081
+35%
|
16 672
+38%
|
17 094
+3%
|
17 923
+5%
|
18 223
+2%
|
19 105
+5%
|
19 362
+1%
|
18 636
-4%
|
18 393
-1%
|
10 813
-41%
|
10 123
-6%
|
10 131
+0%
|
10 793
+7%
|
18 054
+67%
|
17 849
-1%
|
17 245
-3%
|
16 401
-5%
|
16 708
+2%
|
18 172
+9%
|
19 565
+8%
|
20 396
+4%
|
19 211
-6%
|
18 602
-3%
|
18 617
+0%
|
18 986
+2%
|
19 031
+0%
|
20 694
+9%
|
19 988
-3%
|
18 660
-7%
|
18 231
-2%
|
15 547
-15%
|
14 466
-7%
|
14 440
0%
|
14 095
-2%
|
14 537
+3%
|
15 433
+6%
|
15 551
+1%
|
13 972
-10%
|
13 256
-5%
|
9 663
-27%
|
11 303
+17%
|
13 872
+23%
|
16 025
+16%
|
19 236
+20%
|
16 677
-13%
|
19 278
+16%
|
15 498
-20%
|
15 300
-1%
|
17 476
+14%
|
19 781
+13%
|
21 007
+6%
|
22 144
+5%
|
21 731
-2%
|
19 416
-11%
|
19 823
+2%
|
21 305
+7%
|
22 346
+5%
|
23 708
+6%
|
23 134
-2%
|
20 572
-11%
|
17 388
-15%
|
11 219
-35%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(13 300)
|
(12 665)
|
(12 222)
|
(11 557)
|
(11 564)
|
(11 834)
|
(12 115)
|
(12 342)
|
(12 163)
|
(12 151)
|
(12 055)
|
(11 937)
|
(14 031)
|
(13 995)
|
(14 073)
|
(14 100)
|
(12 382)
|
(12 371)
|
(12 389)
|
(12 434)
|
(11 758)
|
(11 934)
|
(11 968)
|
(13 329)
|
(11 888)
|
(11 277)
|
(9 608)
|
(7 826)
|
(10 345)
|
(10 240)
|
(10 209)
|
(10 113)
|
(9 570)
|
(9 582)
|
(9 321)
|
(9 601)
|
(9 650)
|
(9 377)
|
(9 263)
|
(8 687)
|
(8 491)
|
(8 362)
|
(6 770)
|
(5 990)
|
(5 638)
|
(5 571)
|
(7 186)
|
(8 106)
|
(7 354)
|
(9 255)
|
(9 423)
|
(9 752)
|
(10 155)
|
(9 900)
|
(9 918)
|
(9 691)
|
(9 071)
|
(8 699)
|
(8 685)
|
(9 031)
|
(9 657)
|
(9 565)
|
(9 407)
|
(8 848)
|
(8 687)
|
|
| Selling, General & Administrative |
(12 359)
|
(12 665)
|
(12 222)
|
(11 557)
|
(11 564)
|
(11 834)
|
(12 115)
|
(12 342)
|
(12 163)
|
(12 151)
|
(12 055)
|
(11 937)
|
(14 031)
|
(13 995)
|
(14 073)
|
(14 100)
|
(12 382)
|
(12 371)
|
(12 389)
|
(12 434)
|
(11 758)
|
(11 934)
|
(11 968)
|
(13 329)
|
(11 888)
|
(11 241)
|
(10 772)
|
(8 890)
|
(10 345)
|
(10 240)
|
(10 209)
|
(10 113)
|
(9 570)
|
(9 582)
|
(9 321)
|
(9 601)
|
(9 650)
|
(9 377)
|
(9 263)
|
(8 687)
|
(8 491)
|
(8 362)
|
(6 770)
|
(5 990)
|
(5 638)
|
(5 571)
|
(7 186)
|
(8 106)
|
(7 354)
|
(9 255)
|
(9 423)
|
(9 752)
|
(10 156)
|
(9 900)
|
(9 919)
|
(9 693)
|
(9 071)
|
(8 702)
|
(8 687)
|
(9 031)
|
(9 657)
|
(9 563)
|
(9 405)
|
(8 847)
|
(8 687)
|
|
| Depreciation & Amortization |
(190)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(751)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(36)
|
1 164
|
1 064
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
2
|
0
|
3
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
|
| Operating Income |
(20 841)
N/A
|
(14 169)
+32%
|
(2 824)
+80%
|
903
N/A
|
5 108
+466%
|
5 260
+3%
|
5 808
+10%
|
5 881
+1%
|
6 942
+18%
|
7 211
+4%
|
6 581
-9%
|
6 456
-2%
|
(3 218)
N/A
|
(3 872)
-20%
|
(3 942)
-2%
|
(3 307)
+16%
|
5 672
N/A
|
5 478
-3%
|
4 856
-11%
|
3 967
-18%
|
4 950
+25%
|
6 238
+26%
|
7 597
+22%
|
7 067
-7%
|
7 323
+4%
|
7 325
+0%
|
9 009
+23%
|
11 160
+24%
|
8 686
-22%
|
10 454
+20%
|
9 779
-6%
|
8 547
-13%
|
8 661
+1%
|
5 965
-31%
|
5 145
-14%
|
4 839
-6%
|
4 445
-8%
|
5 160
+16%
|
6 170
+20%
|
6 864
+11%
|
5 481
-20%
|
4 894
-11%
|
2 893
-41%
|
5 313
+84%
|
8 234
+55%
|
10 454
+27%
|
12 050
+15%
|
8 571
-29%
|
11 924
+39%
|
6 243
-48%
|
5 877
-6%
|
7 724
+31%
|
9 626
+25%
|
11 107
+15%
|
12 226
+10%
|
12 040
-2%
|
10 345
-14%
|
11 124
+8%
|
12 620
+13%
|
13 315
+6%
|
14 051
+6%
|
13 569
-3%
|
11 165
-18%
|
8 540
-24%
|
2 532
-70%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(3 876)
|
(2 034)
|
(1 288)
|
(459)
|
(352)
|
777
|
1 271
|
1 208
|
3 244
|
21
|
(111)
|
28
|
1 274
|
2 388
|
2 986
|
3 085
|
2 343
|
2 495
|
2 380
|
2 731
|
2 442
|
2 607
|
2 532
|
2 401
|
2 384
|
2 189
|
2 409
|
2 361
|
3 322
|
2 447
|
2 468
|
2 521
|
3 202
|
3 580
|
3 898
|
4 003
|
4 104
|
3 044
|
2 264
|
1 798
|
1 158
|
(2)
|
(224)
|
(218)
|
366
|
1 149
|
1 546
|
1 796
|
1 483
|
1 307
|
564
|
485
|
427
|
701
|
1 215
|
1 250
|
922
|
741
|
234
|
(42)
|
(355)
|
(64)
|
677
|
931
|
806
|
|
| Non-Reccuring Items |
126 878
|
126 059
|
129 210
|
(102)
|
196
|
(198)
|
(208)
|
(243)
|
(1 268)
|
(1 508)
|
(1 498)
|
(1 541)
|
(27 395)
|
(26 760)
|
(27 000)
|
(26 980)
|
(753)
|
(2 053)
|
(3 413)
|
(3 553)
|
(3 218)
|
(3 218)
|
(2 818)
|
(2 520)
|
(1 336)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 700)
|
(2 000)
|
(1 600)
|
(1 200)
|
1 300
|
2 000
|
(2 600)
|
2 000
|
1 600
|
1 500
|
32
|
(1 067)
|
(1 513)
|
(1 706)
|
(1 047)
|
(666)
|
(1 078)
|
(1 135)
|
(5 367)
|
(5 271)
|
(4 753)
|
(4 703)
|
(465)
|
|
| Total Other Income |
332
|
0
|
0
|
0
|
785
|
0
|
0
|
0
|
259
|
0
|
0
|
0
|
644
|
0
|
0
|
0
|
196
|
0
|
0
|
0
|
72
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
421
|
841
|
1 242
|
0
|
1 051
|
863
|
587
|
797
|
905
|
1 009
|
1 206
|
1 095
|
1 240
|
1 389
|
1 551
|
1 909
|
1 754
|
1 645
|
1 536
|
1 512
|
851
|
561
|
272
|
183
|
145
|
182
|
73
|
190
|
141
|
18
|
41
|
244
|
|
| Pre-Tax Income |
102 493
N/A
|
109 856
+7%
|
125 098
+14%
|
342
-100%
|
5 737
+1 577%
|
5 839
+2%
|
6 871
+18%
|
6 846
0%
|
9 177
+34%
|
5 724
-38%
|
4 972
-13%
|
4 943
-1%
|
(28 695)
N/A
|
(28 244)
+2%
|
(27 956)
+1%
|
(27 202)
+3%
|
7 458
N/A
|
5 920
-21%
|
3 823
-35%
|
3 145
-18%
|
4 246
+35%
|
5 627
+33%
|
7 311
+30%
|
6 948
-5%
|
8 371
+20%
|
9 514
+14%
|
11 418
+20%
|
13 521
+18%
|
12 008
-11%
|
12 901
+7%
|
12 247
-5%
|
11 068
-10%
|
11 863
+7%
|
9 966
-16%
|
9 884
-1%
|
10 084
+2%
|
8 549
-15%
|
9 255
+8%
|
9 297
+0%
|
9 249
-1%
|
7 436
-20%
|
5 797
-22%
|
1 978
-66%
|
4 301
+117%
|
8 095
+88%
|
11 643
+44%
|
16 285
+40%
|
13 918
-15%
|
12 716
-9%
|
11 304
-11%
|
9 686
-14%
|
11 245
+16%
|
11 597
+3%
|
11 592
0%
|
12 489
+8%
|
11 856
-5%
|
10 403
-12%
|
11 344
+9%
|
11 958
+5%
|
12 211
+2%
|
8 519
-30%
|
8 375
-2%
|
7 107
-15%
|
4 809
-32%
|
3 117
-35%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
2 166
|
1 543
|
737
|
16
|
(672)
|
(300)
|
122
|
(10)
|
110
|
31
|
(271)
|
(521)
|
34 831
|
34 638
|
34 137
|
33 652
|
(2 127)
|
(1 494)
|
(498)
|
(83)
|
(228)
|
(981)
|
(1 812)
|
(1 550)
|
1 219
|
1 091
|
791
|
54
|
(2 739)
|
(2 869)
|
(2 526)
|
(3 940)
|
(4 233)
|
(3 912)
|
(3 897)
|
(1 681)
|
(674)
|
(345)
|
(350)
|
(521)
|
(769)
|
(989)
|
(353)
|
(969)
|
(1 774)
|
(2 594)
|
(3 677)
|
(2 942)
|
(2 771)
|
(1 566)
|
(1 085)
|
(1 778)
|
(1 888)
|
(2 343)
|
(2 375)
|
(2 000)
|
(563)
|
(896)
|
(1 141)
|
(1 380)
|
(2 556)
|
(2 513)
|
(2 227)
|
(1 645)
|
(338)
|
|
| Income from Continuing Operations |
104 659
|
111 399
|
125 835
|
358
|
5 065
|
5 539
|
6 993
|
6 836
|
9 287
|
5 755
|
4 701
|
4 422
|
6 136
|
6 394
|
6 181
|
6 450
|
5 331
|
4 426
|
3 325
|
3 062
|
4 018
|
4 646
|
5 499
|
5 398
|
9 590
|
10 605
|
12 209
|
13 575
|
9 269
|
10 032
|
9 721
|
7 128
|
7 630
|
6 054
|
5 987
|
8 403
|
7 875
|
8 910
|
8 947
|
8 728
|
6 667
|
4 808
|
1 625
|
3 332
|
6 321
|
9 049
|
12 608
|
10 976
|
9 945
|
9 738
|
8 601
|
9 467
|
9 709
|
9 249
|
10 114
|
9 856
|
9 840
|
10 448
|
10 817
|
10 831
|
5 963
|
5 862
|
4 880
|
3 164
|
2 779
|
|
| Income to Minority Interest |
(396)
|
(448)
|
(856)
|
(489)
|
(331)
|
(248)
|
(217)
|
(141)
|
(97)
|
(87)
|
(97)
|
(133)
|
52
|
77
|
158
|
191
|
15
|
(42)
|
(77)
|
(60)
|
(69)
|
35
|
21
|
10
|
72
|
57
|
96
|
139
|
159
|
128
|
109
|
49
|
18
|
33
|
60
|
63
|
9
|
15
|
6
|
42
|
65
|
61
|
68
|
55
|
106
|
106
|
141
|
148
|
74
|
197
|
190
|
209
|
226
|
144
|
153
|
170
|
287
|
264
|
262
|
240
|
45
|
(51)
|
(107)
|
(120)
|
(83)
|
|
| Equity Earnings Affiliates |
558
|
913
|
1 326
|
1 458
|
1 438
|
3 179
|
3 150
|
3 176
|
0
|
1 471
|
1 389
|
1 430
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
104 690
N/A
|
111 530
+7%
|
125 769
+13%
|
638
-99%
|
4 668
+632%
|
6 666
+43%
|
7 856
+18%
|
7 623
-3%
|
7 585
0%
|
5 726
-25%
|
4 689
-18%
|
4 439
-5%
|
4 859
+9%
|
4 815
-1%
|
4 527
-6%
|
3 749
-17%
|
3 770
+1%
|
2 935
-22%
|
1 926
-34%
|
2 612
+36%
|
2 804
+7%
|
3 624
+29%
|
4 551
+26%
|
4 526
-1%
|
9 687
+114%
|
10 695
+10%
|
12 444
+16%
|
13 858
+11%
|
9 427
-32%
|
10 082
+7%
|
8 876
-12%
|
3 120
-65%
|
(3 880)
N/A
|
(5 456)
-41%
|
(4 741)
+13%
|
745
N/A
|
7 916
+963%
|
9 003
+14%
|
9 009
+0%
|
8 819
-2%
|
6 581
-25%
|
4 709
-28%
|
1 522
-68%
|
3 214
+111%
|
6 247
+94%
|
8 976
+44%
|
12 572
+40%
|
10 942
-13%
|
9 837
-10%
|
8 848
-10%
|
7 724
-13%
|
8 627
+12%
|
8 915
+3%
|
9 297
+4%
|
10 171
+9%
|
9 931
-2%
|
10 022
+1%
|
10 624
+6%
|
11 003
+4%
|
10 994
0%
|
7 189
-35%
|
7 584
+5%
|
6 530
-14%
|
4 798
-27%
|
3 180
-34%
|
|
| EPS (Diluted) |
113.24
N/A
|
71.17
-37%
|
80.26
+13%
|
0.39
-100%
|
2.89
+641%
|
3.99
+38%
|
4.74
+19%
|
4.53
-4%
|
4.54
+0%
|
3.38
-26%
|
2.81
-17%
|
2.67
-5%
|
2.92
+9%
|
2.87
-2%
|
2.66
-7%
|
2.23
-16%
|
2.24
+0%
|
1.73
-23%
|
1.14
-34%
|
1.56
+37%
|
1.66
+6%
|
2.15
+30%
|
2.74
+27%
|
2.79
+2%
|
5.89
+111%
|
6.76
+15%
|
7.87
+16%
|
8.8
+12%
|
6.01
-32%
|
6.58
+9%
|
5.84
-11%
|
2.15
-63%
|
-2.64
N/A
|
-3.81
-44%
|
-3.31
+13%
|
0.52
N/A
|
5.53
+963%
|
6.26
+13%
|
6.26
N/A
|
6.11
-2%
|
4.57
-25%
|
3.27
-28%
|
1.05
-68%
|
2.23
+112%
|
4.33
+94%
|
6.13
+42%
|
8.56
+40%
|
7.45
-13%
|
6.7
-10%
|
6.02
-10%
|
5.26
-13%
|
5.92
+13%
|
6.13
+4%
|
6.63
+8%
|
7.32
+10%
|
7.2
-2%
|
7.32
+2%
|
9.14
+25%
|
9.59
+5%
|
9.72
+1%
|
6.37
-34%
|
7.56
+19%
|
6.69
-12%
|
4.97
-26%
|
3.27
-34%
|
|