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General Motors (GM) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Oct 20, 2026 · General Motors (GM) Q3 2026 earnings results →
Q3 2026 Revenue up 3% year over year to $50.0B · 7¢ of every $1 of revenue kept as net profit · operating margin 7.2%
General Motors made $50.0B in Q3 2026 (+3% Y/Y): Vehicle, parts, and accessories $43.5B, Other revenues $4.3B, Services and other $1.6B. Operating margin 7.2%, net earnings $3.3B. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 20, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter
Revenue was $50.0B in Q3 2026, up 3% year over year and up 4% from the previous quarter. Vehicle, parts, and accessories was the largest line at 87% of revenue. Vehicle, parts, and accessories added $1.4B year over year (up 3%), 98% of the total change. Services and other declined 5%.
Operating profit was $3.6B, a 7.2% margin (up 5.0 points year over year). Of the extra revenue versus Q3 2025, 177% reached operating profit, above the 2% margin then. Total costs fell 2% while revenue rose 3%. Net earnings were $3.3B, up 151% year over year. The effective tax rate was 14.3%.
Operating cash flow was $7.3B (up 3% year over year), 217% of net earnings. Non-cash charges added back $2.9B of depreciation and amortization. Working capital and other items added $1.0B. Capital expenditures of $2.3B left free cash flow of $5.0B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Oct 20, 2026 | $50.0B | +3% | 7.2% | $3.3B | $7.3B |
| Q2 2026 | 10-Q | Jul 21, 2026 | $48.0B | +2% | 3.0% | $1.3B | $6.4B |
| Q1 2026 | 10-Q | Apr 28, 2026 | $43.6B | -0.9% | 6.7% | $2.6B | $3.0B |
| Q4 2025 | 10-K | Jan 27, 2026 | $45.3B | -5% | -8.1% | −$3.3B | $6.8B |
| Q3 2025 | 10-Q | Oct 21, 2025 | $48.6B | -0.3% | 2.2% | $1.3B | $7.1B |
| Q2 2025 | 10-Q | Jul 22, 2025 | $47.1B | -2% | 4.5% | $1.9B | $6.9B |
| Q1 2025 | 10-Q | May 1, 2025 | $44.0B | +2% | 7.6% | $2.8B | $6.1B |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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Customers and suppliers named in filings
Sells to
- CSPI — 59% of its revenue · Stated in 10-K (sentence) · source
- AN · Stated in 10-K (named, share not stated) · source
- General Motors Financial Company, Inc. · Stated in 10-K (named, share not stated) · source
- ALLY · Stated in 10-K (named, share not stated) · source
- DCH · Stated in 10-K (named, share not stated) · source
- ASPN · Stated in 10-K (named, share not stated) · source
Buys from
- ASPN — 59% of the supplier’s revenue · Stated in 10-K (sentence) · source
- DCH — 44% of the supplier’s revenue · Stated in 10-K (XBRL) · source
- STRT — 27% of the supplier’s revenue · Stated in 10-K (sentence) · source
- ULH — 25% of the supplier’s revenue · Stated in 10-K (sentence) · source
- LEA — 22% of the supplier’s revenue · Stated in 10-K (sentence) · source
- CPS — 19% of the supplier’s revenue · Stated in 10-K (customer table) · source
- PAMT — 14% of the supplier’s revenue · Stated in 10-K (sentence) · source
- VC — 12% of the supplier’s revenue · Stated in 10-K (customer table) · source
- THRM — 11% of the supplier’s revenue · Stated in 10-K (name in text, share from XBRL) · source
- GNTX — 10% of the supplier’s revenue · Stated in 10-K (XBRL) · source
About General Motors
General Motors Company (sometimes referred to as we, our, us, ourselves, the Company, General Motors, or GM) was incorporated as a Delaware corporation in 2009. We design, build, and sell trucks, crossovers, cars, and automobile parts and provide software-enabled services and subscriptions worldwide. Our automotive operations meet the demands of our customers through our segments: GM North America (GMNA) and GM International (GMI) with vehicles developed, manufactured, and/or marketed under the Buick, Cadillac, Chevrolet, and GMC brands. We also have equity ownership stakes in entities that meet the demands of customers in other countries, primarily in China, with vehicles developed, manufactured, and/or marketed under the Baojun, Buick, Cadillac, Chevrolet, and Wuling brands.
In its own words, from its 10-K, filed Jan 27, 2026.
General Motors against its Motor Vehicles & Passenger Car Bodies peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +3% against the peers' median +6%. Operating margin: 7.2% against the peers' median 2.9%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| GM General Motors | Q3 2026 | $50.0B | +3% | 7.2% |
| F Ford Motor | Q3 2026 | $49.5B | -2% | 2.9% |
| TSLA Tesla | Q3 2026 | $28.0B | -0.2% | 2.6% |
| PCAR Paccar | Q3 2026 | $7.9B | +19% | 13.6% |
| OSK Oshkosh | Q3 2026 | $2.8B | +6% | 6.9% |
| RIVN Rivian Automotive | Q3 2026 | $2.2B | +38% | -40.9% |
| FSS Federal Signal | Q3 2026 | $656M | +18% | 17.0% |
| LCID Lucid Group | Q2 2026 | $405M | +56% | -267.0% |
| CENN Cenntro | Q2 2026 | $6.2M | -3% | -120.5% |
Source: General Motors 10-Q on SEC EDGAR · CIK 1467858 · Motor Vehicles & Passenger Car Bodies
Guidance and outlook
13F: who owns GM and who is buying
More on GM
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- General Motors stock forecast, price target and fair value
- Who owns General Motors stock: holders, funds and Congress trades
- General Motors guidance and outlook
- Is General Motors a takeover target? LBO and rumors
- General Motors recalls, complaints and regulation
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- General Motors guidance history: guided vs reported
- General Motors operating margin by quarter
- General Motors net income by quarter
- General Motors free cash flow by quarter
- General Motors capital expenditures by quarter
- General Motors Vehicle, parts, and accessories revenue by quarter
- General Motors Services and other revenue by quarter
- General Motors Used vehicles revenue by quarter