NYSE$GM
General Motors Co · Q4 2025 earnings
Q4 2025 earnings · · Before market open · Investor relations
Briefing
General Motors reported Q4 2025 revenue of $45.3B with a GAAP net loss of $3.3B and adjusted EPS of $2.51.
Fourth-quarter revenue declined 5.1% to $45.3 billion. GAAP net loss was $3.3 billion ($(3.60) EPS) after more than $7.2 billion of EV-related special charges; EBIT-adjusted was $2.8 billion with adjusted EPS of $2.51 (+30.4% YoY). Full-year 2025 EBIT-adjusted was $12.7 billion. The board raised the quarterly dividend 20% to $0.18 and approved a new $6.0 billion repurchase authorization. 2026 guidance calls for net income of $10.3–$11.7 billion and adjusted EPS of $11.00–$13.00.
- Q4 EBIT-adjusted $2.8B; adjusted EPS $2.51.
- EV realignment drove $7.2B+ special charges.
- 2026 adjusted EPS guide $11.00–$13.00.
- Dividend raised to $0.18; $6B buyback authorized.
Headline financials
Revenue & EPS history
GM · Revenue · Quarterly
$45.3B
Revenue by segment
GM · $44.1B total across 3 segments · Q3 2023
- GM North America$36.1B+827.2%81.9%
- GM International$4.33B+1196.4%9.8%
- GM Financial$3.64B+299.7%8.3%
Forward guidance
GM guided 2026 net income of $10.3–$11.7 billion, EBIT-adjusted of $13.0–$15.0 billion, and adjusted EPS of $11.00–$13.00, with automotive free cash flow of $9.0–$11.0 billion and capex of $10.0–$12.0 billion.
Tailwinds
- 2026 adjusted EPS guide $11.00–$13.00.
- Dividend raised 20% to $0.18 per quarter.
- New $6.0 billion share repurchase authorization.
- Q4 adjusted automotive free cash flow $2.8B (+51% YoY).
Headwinds
- Q4 GAAP loss from $7.2B+ EV realignment charges.
- EV demand and policy changes drove capacity adjustments.
- China equity loss of $513M in Q4.
- GM Financial EBT-adjusted declined 15% YoY in Q4.
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 Q4 2025
+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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