NYSE$GM
General Motors Co · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
GM's second-quarter results reflected a decrease in net income and EBIT-adjusted compared to the previous year, but the company reaffirmed its full-year earnings guidance.
General Motors reported second-quarter net income attributable to stockholders of $1.7 billion and EBIT-adjusted of $2.3 billion. The results were in line with the company's previous earnings update. GM continues to expect to meet its full-year earnings guidance.
- Net income attributable to stockholders was $1.7 billion.
- EBIT-adjusted reached $2.3 billion.
- Revenue increased to $35.8 billion.
- The company reaffirmed its full-year earnings guidance.
Headline financials
Revenue & EPS history
GM · Revenue · Quarterly
$35.8B
Revenue by segment
GM · $3.61B total across 3 segments · Q2 2022
- GM North America$2.3B-20.7%63.6%
- GM Financial$1.11B-30.9%30.6%
- GM International$209M—5.8%
Forward guidance
GM expects to achieve full-year net income between $9.6 billion and $11.2 billion, and EBIT-adjusted between $13.0 billion and $15.0 billion. They also anticipate full-year EPS-diluted between $5.76 and $6.76, and EPS-diluted-adjusted between $6.50 and $7.50.
Tailwinds
- Full-year net income of between $9.6 billion and $11.2 billion
- EBIT-adjusted of between $13.0 billion and $15.0 billion
- EPS-diluted of between $5.76 and $6.76
- EPS-diluted-adjusted of between $6.50 and $7.50
- Net automotive cash provided by operating activities guidance range of between $16.0 billion and $19.0 billion
Headwinds
- Potential impact of adjustments on expected financial results
- Fluctuations in market conditions
- Changes in consumer demand
- Supply chain disruptions
- Unfavorable currency exchange rates
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.0%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+1.5%
Avg return
30 days after
42%
27 / 65 earnings
Positive
+15.8%
Q3 2025
Best reaction
-9.3%
Q3 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.0% | -2.8% | +7.7% | |
| Q4 2025 | +8.6% | +5.8% | +1.7% | |
| Q3 2025 | +15.8% | +20.1% | +17.3% | |
| Q2 2025 | +1.5% | +2.7% | +5.3% | |
| Q1 2025 | -0.6% | -4.1% | +2.9% | |
| Q4 2024 | -8.9% | -9.9% | -13.3% | |
| Q3 2024 | +8.2% | +6.4% | +13.8% | |
| Q2 2024 | -6.2% | -11.0% | -6.3% | |
| Q1 2024 | +4.3% | +6.1% | +1.2% | |
| Q4 2023 | +9.6% | +9.9% | +15.8% | |
| Q3 2023 | -0.7% | -6.8% | -3.8% | |
| Q2 2023 | -2.6% | -3.2% | -16.3% | |
| Q1 2023 | -6.0% | -3.6% | -5.5% | |
| Q4 2022 | +8.3% | +13.3% | +8.9% | |
| Q3 2022 | +6.0% | +8.8% | +12.3% | |
| Q2 2022 | +0.5% | +5.0% | +17.0% | |
| Q1 2022 | -2.9% | -4.8% | -6.0% | |
| Q4 2021 | +1.5% | -2.7% | -14.8% | |
| Q3 2021 | -5.5% | -3.3% | +4.9% | |
| Q2 2021 | -5.9% | -6.8% | -15.7% | |
| Q1 2021 | +6.1% | +3.7% | +14.5% | |
| Q4 2020 | -4.6% | -4.4% | +5.7% | |
| Q3 2020 | +6.3% | +16.6% | +26.0% | |
| Q2 2020 | -4.3% | -2.6% | +14.0% | |
| Q1 2020 | +0.5% | -6.4% | +16.7% | |
| Q4 2019 | -0.1% | -0.3% | -16.5% | |
| Q3 2019 | +3.5% | +3.6% | -1.4% | |
| Q2 2019 | -1.4% | -3.1% | -8.1% | |
| Q1 2019 | -3.1% | -3.0% | -13.0% | |
| Q4 2018 | -1.7% | -1.7% | -3.3% | |
| Q3 2018 | +8.7% | +8.1% | +13.1% | |
| Q2 2018 | -6.9% | -4.6% | -8.9% | |
| Q1 2018 | -1.2% | -4.4% | +0.5% | |
| Q4 2017 | +7.2% | +4.9% | -4.3% | |
| Q3 2017 | -0.1% | -1.1% | -1.9% | |
| Q2 2017 | -0.6% | -0.1% | -0.8% | |
| Q1 2017 | -1.0% | -3.1% | -4.3% | |
| Q4 2016 | -4.6% | -4.5% | +0.0% | |
| Q3 2016 | -4.2% | -5.0% | +2.7% | |
| Q2 2016 | +2.1% | +2.1% | +1.1% | |
| Q1 2016 | -0.0% | — | — | |
| Q4 2015 | -3.4% | — | — | |
| Q3 2015 | +5.8% | — | — | |
| Q2 2015 | +2.5% | — | — | |
| Q1 2015 | -4.2% | — | — | |
| Q4 2014 | +6.7% | — | — | |
| Q3 2014 | -4.1% | — | — | |
| Q2 2014 | -6.3% | — | — | |
| Q1 2014 | -1.9% | — | — | |
| Q4 2013 | +2.5% | — | — | |
| Q3 2013 | +2.5% | — | — | |
| Q2 2013 | -1.3% | — | — | |
| Q1 2013 | +6.4% | — | — | |
| Q4 2012 | -3.2% | — | — | |
| Q3 2012 | +10.3% | — | — | |
| Q2 2012 | +1.9% | — | — | |
| Q1 2011 | -2.5% | — | — | |
| Q4 2011 | -2.5% | — | — | |
| Q1 2012 | -2.5% | — | — | |
| Q4 2010 | +0.3% | — | — | |
| Q1 2010 | +0.3% | — | — | |
| Q3 2010 | -9.3% | — | — | |
| Q3 2011 | -9.3% | — | — | |
| Q2 2011 | -5.5% | — | — | |
| Q2 2010 | -5.5% | — | — |
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