General Motors Co (GM) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1240 WOODWARD AVENUE DETROIT, MI 48265 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3711 - Motor Vehicles and Passenger Car Bodies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 27,137 | 26,466 | 31,303 | 28,676 | 29,038 | 23,243 | |||
| Cash and cash equivalent | 19,872 | 18,853 | 19,153 | 20,067 | 19,992 | 19,069 | |||
| Short-term investments | 7,265 | 7,613 | 12,150 | 8,609 | 9,046 | 4,174 | |||
| Restricted cash and investments | 2,608 | 2,604 | 2,356 | 2,935 | 2,581 | 3,352 | |||
| Receivables | 12,827 | 12,378 | 13,333 | 7,394 | 8,035 | 6,797 | |||
| Inventory, net of allowances, customer advances and progress billings | 14,564 | 16,461 | 15,366 | 12,988 | 10,235 | 10,398 | |||
| Inventory | 14,564 | 16,461 | 15,366 | 12,988 | 10,235 | 10,398 | |||
| Other current assets | 7,655 | 7,238 | 6,825 | 6,396 | 7,407 | 7,953 | |||
| Other undisclosed current assets | 43,754 | 36,471 | 31,268 | 23,714 | 23,628 | 23,249 | |||
| Total current assets: | 108,545 | 101,618 | 100,451 | 82,103 | 80,924 | 74,992 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 327 | ||||||||
| Operating lease, right-of-use asset | 919 | 979 | 1,100 | ||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 45,248 | 41,115 | 37,632 | 38,750 | |||||
| Long-term investments and receivables | 7,102 | 10,613 | 10,176 | 9,677 | 8,406 | 8,562 | |||
| Long-term investments | 7,102 | 10,613 | 10,176 | 9,677 | 8,406 | 8,562 | |||
| Intangible asset, including goodwill, after accumulated amortization, including: | 4,551 | 4,862 | 4,945 | 5,087 | 5,230 | 5,337 | |||
| Goodwill | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 2,649 | 2,941 | 3,034 | 3,173 | 3,320 | 3,478 | |||
| Other undisclosed intangible asset, including goodwill, after accumulated amortization | 2 | 21 | 11 | 14 | 10 | (41) | |||
| Restricted cash and investments | 484 | 460 | 440 | 540 | 544 | 522 | |||
| Deferred income tax assets | 21,254 | 22,339 | 20,539 | 21,152 | 24,136 | 24,640 | |||
| Other noncurrent assets | 8,346 | 7,686 | 9,386 | 11,488 | 7,264 | 7,346 | |||
| Other undisclosed noncurrent assets | 128,560 | 124,507 | 71,752 | 73,556 | 71,058 | 67,561 | |||
| Total noncurrent assets: | 171,216 | 171,446 | 163,586 | 162,615 | 154,270 | 153,045 | |||
| TOTAL ASSETS: | 279,761 | 273,064 | 264,037 | 244,718 | 235,194 | 228,037 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 56,834 | 55,478 | 52,396 | 40,688 | 42,997 | 47,505 | |||
| Accounts payable | 25,680 | 28,114 | 27,486 | 20,391 | 19,928 | 21,018 | |||
| Accrued liabilities | 31,154 | 27,364 | 24,910 | 20,297 | 23,069 | 26,487 | |||
| Other undisclosed current liabilities | 39,431 | 38,967 | 38,777 | 33,720 | 36,913 | 37,400 | |||
| Total current liabilities: | 96,265 | 94,445 | 91,173 | 74,408 | 79,910 | 84,905 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 27,605 | 27,540 | 24,658 | 28,836 | 32,626 | 31,251 | |||
| Liability, pension and other postretirement and postemployment benefits | 9,769 | 11,025 | 9,891 | 13,751 | 19,179 | 18,105 | |||
| Other liabilities | 17,836 | 16,515 | 14,767 | 15,085 | 13,447 | 13,146 | |||
| Other undisclosed noncurrent liabilities | 90,301 | 82,772 | 75,921 | 75,659 | 72,981 | 65,924 | |||
| Total noncurrent liabilities: | 117,906 | 110,312 | 100,579 | 104,495 | 105,607 | 97,175 | |||
| Other undisclosed liabilities | |||||||||
| Total liabilities: | 214,171 | 204,757 | 191,752 | 178,903 | 185,517 | 182,080 | |||
| Commitments and contingencies | 1 | ||||||||
| Temporary equity, including noncontrolling interest | 118 | 357 | |||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 63,072 | 64,286 | 67,792 | 59,744 | 45,030 | 41,792 | |||
| Common stock | 10 | 12 | 14 | 15 | 14 | 14 | |||
| Additional paid in capital | 20,843 | 19,130 | 26,428 | 27,061 | 26,542 | 26,074 | |||
| Accumulated other comprehensive loss | (11,253) | (10,247) | (7,901) | (9,269) | (13,488) | (11,156) | |||
| Retained earnings | 53,472 | 55,391 | 49,251 | 41,937 | 31,962 | 26,860 | |||
| Other undisclosed equity, attributable to parent | |||||||||
| Equity, attributable to noncontrolling interest | 2,518 | 3,903 | 4,135 | 6,071 | 4,647 | 4,165 | |||
| Total equity: | 65,590 | 68,189 | 71,927 | 65,815 | 49,677 | 45,957 | |||
| TOTAL LIABILITIES AND EQUITY: | 279,761 | 273,064 | 264,037 | 244,718 | 235,194 | 228,037 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 187,442 | 171,842 | 156,735 | 127,004 | 122,485 | 137,237 | ||
| Cost of revenue | (108,765) | (107,965) | (122,376) | |||||
| Cost of product and service sold | (100,544) | (97,539) | (110,651) | |||||
| Gross profit: | 187,442 | 171,842 | 156,735 | 18,239 | 14,520 | 14,861 | ||
| Operating expenses | (174,658) | (162,544) | (146,421) | (8,915) | (7,886) | (9,380) | ||
| Other undisclosed operating income | 1 | |||||||
| Operating income: | 12,784 | 9,298 | 10,315 | 9,324 | 6,634 | 5,481 | ||
| Nonoperating income | 1,257 | 1,537 | 1,432 | 3,041 | 1,885 | 1,469 | ||
| Investment income, nonoperating | 967 | 1,109 | 460 | 146 | 241 | 429 | ||
| Other nonoperating income (expense) | 112 | 149 | (542) | 220 | 73 | (2) | ||
| Interest and debt expense | (4,121) | (4,423) | ||||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (847) | (911) | (987) | (950) | 3,023 | 3,641 | ||
| Income from continuing operations before equity method investments, income taxes: | 13,194 | 9,924 | 10,760 | 11,415 | 7,421 | 6,168 | ||
| Income (loss) from equity method investments | (3,701) | 773 | 837 | 1,301 | 674 | 1,268 | ||
| Other undisclosed loss from continuing operations before income taxes | (974) | (294) | ||||||
| Income from continuing operations before income taxes: | 8,519 | 10,403 | 11,597 | 12,716 | 8,095 | 7,436 | ||
| Income tax expense | (2,556) | (563) | (1,888) | (2,771) | (1,774) | (769) | ||
| Income from continuing operations: | 5,963 | 9,840 | 9,709 | 9,945 | 6,321 | 6,667 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 9,945 | 6,321 | 6,667 | |
| Other undisclosed net income (loss) | (1) | |||||||
| Net income: | 5,963 | 9,840 | 9,708 | 9,945 | 6,321 | 6,667 | ||
| Net income (loss) attributable to noncontrolling interest | 45 | 287 | 226 | 74 | 106 | 65 | ||
| Net income attributable to parent: | 6,008 | 10,127 | 9,934 | 10,019 | 6,427 | 6,732 | ||
| Preferred stock dividends and other adjustments | 1,181 | (106) | (1,019) | (182) | (180) | (151) | ||
| Other undisclosed net income available to common stockholders, basic | 1 | |||||||
| Net income available to common stockholders, diluted: | 7,189 | 10,022 | 8,915 | 9,837 | 6,247 | 6,581 | ||
Comprehensive Income ($ in millions)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 5,963 | 9,840 | 9,708 | 9,945 | 6,321 | 6,667 | ||
| Other comprehensive income (loss) | (1,137) | (2,355) | 1,337 | 4,206 | (2,318) | (2,128) | ||
| Comprehensive income: | 4,826 | 7,485 | 11,045 | 14,151 | 4,003 | 4,539 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 176 | 297 | 257 | 87 | 92 | 76 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1) | 1 | ||||||
| Comprehensive income, net of tax, attributable to parent: | 5,002 | 7,781 | 11,303 | 14,238 | 4,095 | 4,615 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.