Companies /Consumer Cyclical

General Motors Company

NYSE: GM Auto Manufacturers
$84.87
▼ $0.76 (−0.89%) today
Markets closed · 1:06am ET

Q3 2025 Earnings

Reported Oct 21, 2025, 7:38am ET · SEC source
$2.80
Beat +20.54%
EPS · est. $2.32
$48.6B
Beat +7.20%
Revenue · est. $45.3B
+4.9%
Beating market
GM vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−10%−5%0+5%Oct 21Oct 22report 7:38am ETearnings−1.2%+5.2%
−10%−5%0+5%Oct 21Oct 22earnings−1.2%+5.2%
GM +5.2%S&P 500 −1.2%
−10%−5%0+5%Oct 21Oct 22report 7:38am ETearnings−1.8%+5.2%
−10%−5%0+5%Oct 21Oct 22earnings−1.8%+5.2%
GM +5.2%NASDAQ −1.8%
−7%0+7%Oct 20Oct 29report 7:38am ETearnings+2.5%+10.3%
−7%0+7%Oct 20Oct 29earnings+2.5%+10.3%
GM +10.3%S&P 500 +2.5%
−7%0+7%Oct 20Oct 29report 7:38am ETearnings+3.9%+10.3%
−7%0+7%Oct 20Oct 29earnings+3.9%+10.3%
GM +10.3%NASDAQ +3.9%
+14.86%
Day of report
+1.04%
Next session
+4.88%
One week
+2.13%
30 days

S&P 500 over the same 30 days: −2.79%.

Did GM Beat Earnings? Q3 2025 Results

General Motors delivered a headline-beating third quarter for fiscal 2025, posting adjusted EPS of $2.80 against a Wall Street consensus of $2.32, a 20.54% beat, while revenue of $48.59 billion topped estimates by 7.20% — though it was essentially flat, down just 0.3% from the year-ago period. The real story, however, lies beneath the adjusted figures: net income attributable to stockholders collapsed 56.6% to $1.33 billion, weighed down by $1.93 billion in special charges, the largest of which was a $1.59 billion EV strategic realignment charge tied to manufacturing capacity and footprint adjustments. EBIT-adjusted of $3.38 billion fell 18.0% year-over-year, with margin compressing to 6.9%. Bright spots included GM Financial, where EBT-adjusted climbed 17.0% to $804 million, and a sharp recovery in GM International. Looking ahead, GM raised its full-year EBIT-adjusted guidance to $12.0–$13.0 billion and lifted adjusted EPS to $9.75–$10.50, signals that management sees the <a href="https://247wallst.com/forecasts/2026/01/30/general-motors-gm-price-prediction-and-forecast-2025-2030/">underlying business staying on track</a> despite near-term restructuring headwinds.

Key Takeaways
  • U.S. market share increased to 17.0% from 16.5% year-over-year
  • North America capacity two-shift utilization reached 118.3%, up from 109.1%
  • GM Financial EBT-adjusted grew 17.0% to $804 million
  • China equity income swung to $80 million profit from $137 million loss
  • GMI EBIT-adjusted surged to $226 million from $42 million
  • U.S. truck market share of 32.3%

Forward Guidance & Outlook

GM updated its full-year 2025 guidance, raising the low end of most ranges and tightening the bands. Net income attributable to stockholders is expected at $7.7-$8.3 billion (narrowed from $7.7-$9.5 billion). EBIT-adjusted is now expected at $12.0-$13.0 billion (raised from $10.0-$12.5 billion). EPS-diluted is expected at $8.30-$9.05 (narrowed from $8.22-$9.97). EPS-diluted-adjusted is expected at $9.75-$10.50 (raised from $8.25-$10.00). Automotive operating cash flow is expected at $19.2-$21.2 billion (raised from $17.0-$20.5 billion). Adjusted automotive free cash flow is expected at $10.0-$11.0 billion (raised from $7.5-$10.0 billion). Capital expenditures remain at $10.0-$11.0 billion.

GM YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$20.0B$40.0B$48.8B$48.6BRevenue$6.4B$6.7BGross Profit$3.7B$1.1BOperating Income$3.1B$1.3BNet Income
$0$20.0B$40.0BRevenueGross ProfitOperating IncomeNet Income

GM Revenue by Segment

GM North America$40.6B
GM Financial$4.3B
GM International$3.6B

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