Filing Flows › General Motors (GM) › Q2 2025
General Motors (GM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 22, 2025
General Motors (GM) reported revenue of $47.1B for the second quarter 2025 (Q2 2025), -2% from a year earlier and +7% from the quarter before. Operating margin was 4.5%, net earnings $1.9B (4.0% of revenue).
General Motors, Q2 2025: revenue $47.1B (-2% year over year), operating margin 4.5%, net earnings $1.9B, operating cash flow $6.9B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $47.1B | +7% | -2% |
| Operating profit | $2.1B | -37% | -45% |
| Net earnings | $1.9B | -32% | -35% |
| Operating cash flow | $6.9B | +14% | +16% |
| Free cash flow | $4.8B | +12% | +40% |
What changed
Revenue was $47.1B in Q2 2025, down 2% year over year and up 7% from the previous quarter. Vehicle, parts and accessories was the largest line at 87% of revenue. Vehicle, parts and accessories lost $1.5B year over year (down 4%), 179% of the total change.
Operating profit was $2.1B, a 4.5% margin (down 3.6 points year over year). Total costs grew 2% against a revenue fall of 2%. Net earnings were $1.9B, down 35% year over year. The effective tax rate was 20.3%.
Operating cash flow was $6.9B (up 16% year over year), 365% of net earnings. Non-cash charges added back $3.0B of depreciation and amortization. Working capital and other items added $2.0B. Capital expenditures of $2.1B left free cash flow of $4.8B.
Questions
What was General Motors' revenue in the second quarter 2025?
General Motors (GM) reported revenue of $47.1B for the second quarter 2025 (Q2 2025), -2% from a year earlier and +7% from the quarter before.
Was General Motors profitable in the second quarter 2025?
Operating profit was $2.1B (4.5% of revenue) and net earnings $1.9B.
Source: General Motors 10-Q on SEC EDGAR.