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General Motors (GM) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Jan 27, 2026

General Motors (GM) reported revenue of $45.3B for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and -7% from the quarter before. Operating margin was -8.1%, net loss $3.3B (7.2% of revenue).

Revenue$45.3B
Year over year-5%
Quarter over quarter-7%
Operating margin-8.1%
Net earnings−$3.3B

General Motors, Q4 2025: revenue $45.3B (-5% year over year), operating margin -8.1%, net loss $3.3B, operating cash flow $6.8B. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$45.3B-7%-5%
Operating profit−$3.6B-439%—
Net earnings−$3.3B-352%—
Operating cash flow$6.8B-4%+64%
Free cash flow$3.6B-28%+294%

What changed

Revenue was $45.3B in Q4 2025, down 5% year over year and down 7% from the previous quarter. Vehicle, parts, and accessories was the largest line at 86% of revenue.

Operating costs exceeded revenue by $3.6B, an operating margin of -8.1%. Total costs grew 6% against a revenue fall of 5%. The quarter ended with a net loss of $3.3B, after a profit of $1.3B the previous quarter.

Operating cash flow was $6.8B (up 64% year over year). Non-cash charges added back $3.0B of depreciation and amortization. Working capital and other items added $7.1B. Capital expenditures of $3.2B left free cash flow of $3.6B.

Questions

What was General Motors' revenue in the fourth quarter 2025?

General Motors (GM) reported revenue of $45.3B for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and -7% from the quarter before.

Was General Motors profitable in the fourth quarter 2025?

Operating loss was $3.6B (-8.1% of revenue) and net loss $3.3B.

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Source: General Motors 10-K on SEC EDGAR.