Companies /Consumer Cyclical
General Motors Company
NYSE: GM Auto Manufacturers
$82.87
▼ $1.09 (−1.30%) today
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General Motors (GM) Q2 2025 Earnings

Reported Jul 22, 2025, 7:32am ET · SEC source
$2.53
Beat +5.88%
EPS · est. $2.39
$47.1B
Beat +2.78%
Revenue · est. $45.8B
+14.5%
Beating market
GM vs S&P since report
6 quarters
Consecutive EPS beats

How Did GM Stock React to Q2 2025 Earnings?

% change · around the report
−6%−3%0+3%Jul 22Jul 23report 7:32am ETearnings+0.6%+2.9%
−6%−3%0+3%Jul 22Jul 23earnings+0.6%+2.9%
GM +2.9%S&P 500 +0.6%
−6%−3%0+3%Jul 22Jul 23report 7:32am ETearnings−0.3%+2.9%
−6%−3%0+3%Jul 22Jul 23earnings−0.3%+2.9%
GM +2.9%NASDAQ −0.3%
−6%−3%0+3%Jul 21Jul 30report 7:32am ETearnings+1.1%+0.3%
−6%−3%0+3%Jul 21Jul 30earnings+1.1%+0.3%
GM +0.3%S&P 500 +1.1%
−6%−3%0+3%Jul 21Jul 30report 7:32am ETearnings+0.7%+0.3%
−6%−3%0+3%Jul 21Jul 30earnings+0.7%+0.3%
GM +0.3%NASDAQ +0.7%
−8.12%
Day of report
+8.67%
Next session
+6.59%
One week
+15.59%
30 days

S&P 500 over the same 30 days: +1.06%.

Did GM Beat Earnings? Q2 2025 Results

Yes. General Motors reported Q2 2025 earnings of $2.53 a share on Jul 22, 2025, beating the $2.39 consensus estimate by 5.9%. Revenue was $47.1B against a $45.8B estimate.

General Motors delivered a headline beat in the second quarter, posting adjusted EPS of $2.53 against a consensus estimate of $2.39 — a 5.88% beat — while revenue of $47.12 billion cleared estimates by 2.78%, even as the top line slipped 1.8% year-over-year. The results, however, masked meaningful pressure beneath the surface, with EBIT-adjusted tumbling 31.6% to $3.04 billion and net income falling 35.4% to $1.90 billion — a dynamic that left <a href="https://247wallst.com/investing/2025/07/22/live-why-general-motors-is-sinking-3-after-earnings/">shares under pressure</a> following the release. The steepest drag came from GM North America, where EBIT-adjusted plunged 45.5% to $2.42 billion as margins contracted sharply to 6.1%. Bright spots included a recovery in China equity income to $71 million from a $104 million loss a year ago, reflecting progress on restructuring efforts in that market. Despite the quarter's headwinds — which also included $663 million in special charges tied to EV strategy realignment and restructuring — management held its full-year guidance steady, reaffirming adjusted EPS of $8.25 to $10.00 and EBIT-adjusted of $10.0 to $12.5 billion.

Key Takeaways
  • U.S. market share expanded to 17.4% from 16.7% year-over-year
  • North America capacity two-shift utilization rose to 117.6% from 108.1%
  • China equity income turned positive at $71 million versus a loss of $104 million a year ago
  • GMNA EBIT-adjusted margin compressed to 6.1% from 10.9%
  • Total wholesale vehicle sales declined to 974,000 units from 1,043,000 units

What Was General Motors's Outlook in Q2 2025?

GM's full-year 2025 financial guidance is unchanged: EBIT-adjusted of $10.0–$12.5 billion, net income attributable to stockholders of $7.7–$9.5 billion, EPS-diluted-adjusted of $8.25–$10.00, net automotive cash provided by operating activities of $17.0–$20.5 billion, capital expenditures of $10.0–$11.0 billion, and adjusted automotive free cash flow of $7.5–$10.0 billion.

GM YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$20.0B$40.0B$48.0B$47.1BRevenue$6.2B$7.8BGross Profit$3.9B$2.1BOperating Income$2.9B$1.9BNet Income
$0$20.0B$40.0BRevenueGross ProfitOperating IncomeNet Income
GM income statement, Q2 2025 versus Q2 2024
Metric Q2 2025 Q2 2024 Year over year
Revenue $47.1B $48.0B −1.8%
Gross Profit $7.8B $6.2B +25.5%
Operating Income $2.1B $3.9B −45.1%
Net Income $1.9B $2.9B −35.4%

GM Revenue by Segment

GM North America$39.5B
GM Financial$4.3B
GM International$3.3B

Figures from SEC filings and company reports. Not investment advice.