)
General Motors (GM) investor relations material
General Motors Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 revenue was $48.6B, with net income of $1.3B and EBIT-adjusted of $3.4B, reflecting significant year-over-year declines in profitability metrics due to EV realignment charges and higher costs.
Achieved highest U.S. third-quarter market share since 2017 at 17.0%, with 710K deliveries and record EV sales of 67K units, maintaining low incentives and disciplined inventory management.
Strategic actions included $1.6B in charges for EV capacity realignment, termination of BrightDrop production, and winding down Cruise robotaxi operations.
Updated full-year 2025 guidance raised expectations for EBIT-adjusted, net income, and cash flow, reflecting robust performance and favorable tariff updates.
Continued disciplined capital allocation with $2.1B in Q3 capital investments, $1.5B in share repurchases, and $1.3B in debt repayment.
Financial highlights
Q3 2025 revenue was $48.6B, down 0.3% year-over-year; EBIT-adjusted was $3.4B, down from $4.1B in Q3 2024; net income margin fell to 2.7%.
Adjusted automotive free cash flow for Q3 was $4.2B, with $7.8B for the nine months ended September 30, 2025.
North America EBIT-adjusted margin was 6.2%, down from 9.7% a year ago; GMI EBIT-adjusted was $226M, up from $42M.
Diluted EPS for Q3 2025 was $1.35, and EPS-diluted adjusted was $2.80.
Automotive liquidity at quarter-end was $35.7B, with cash and cash equivalents of $22.9B.
Outlook and guidance
2025 full-year guidance: Net income of $7.7B–$8.3B, EBIT-adjusted of $12.0B–$13.0B, EPS-diluted adjusted of $9.75–$10.50, and adjusted automotive free cash flow of $10.0B–$11.0B.
Gross tariff impact for 2025 expected at $3.5B–$4.5B, with 35% offset anticipated.
Capital expenditures and battery JV investments expected at $10B–$11B in 2025.
2026 expected to be stronger, with focus on EV loss reduction, warranty cost control, and improved North American margins.
The company expects to maintain strong liquidity and investment-grade credit ratings.
Next General Motors earnings date
Next General Motors earnings date
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Motor City royalty
General Motors, most commonly referred to simply as GM, is an American automotive company with a rich history that dates back over a century. Headquartered in Detroit, Michigan, GM has been a prominent player in the global automotive industry for over a century. Today, GM operates as a major multinational corporation, manufacturing and selling a diverse range of vehicles under various brands. With a global presence and a legacy of automotive excellence, GM continues to remain relevant over 100 years since their foundation.
From 1908 until today
General Motors (GM), founded in 1908, by William C. Durant, a prominent figure in the early automobile industry. GM's roots trace back to the merger of several automobile companies, including Buick, Oldsmobile, Cadillac, and others. Over the years, GM has played a significant role in shaping the automotive landscape, introducing innovations like the electric starter, automatic transmission, and the first V8 engine.
The company has faced numerous challenges and experienced ups and downs throughout its history, including bankruptcy and subsequent restructuring through a bailout by the Bush administration. GM, together with Ford and Chrysler (the latter is now a part of Stellantis), was one of the key players in turning Detroit into the world's number one hub for automotive production. Even though the power structures of the industry have shifted away from Detroit, the moniker “The Motor City” still lives on.
Everything from workhorses to luxury vehicles
Under the GM umbrella various brands like Chevrolet, Buick, GMC, and Cadillac ensure that the company is able to offer a wide selection of vehicles with everything from efficient compact cars to luxurious SUVs and trucks. This diverse product range allows GM to cater to a broad range of customer preferences and lifestyles. Whether those in the market for a new vehicle are seeking reliable and fuel-efficient transportation, family-friendly vehicles, or premium and high-performance models, GM's brand portfolio provides options to suit various requirements and needs. This versatility in their product offerings has helped GM maintain their position as a prominent player in the global automotive industry.
Preparing for an electrical future
GM is positioning itself for the electric vehicle (EV) era by making significant advancements in EV technology and infrastructure. The company has committed to an all-electric future, and is planning to ramp up their production of EV’s in the coming years. GM's Ultium battery platform enables longer driving ranges and faster charging capabilities and the company is investing in EV charging networks and collaborating with partners to expand charging infrastructure. By prioritizing EV development and infrastructure, GM is preparing for a future reliant on electricity rather than fossil fuels.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage