General Motors Co

GM 10-Q · Q1 2026

GM Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue 39,349 39,861 -1.3%
Show Product Lines breakouts
Services and other 1,485 1,269 +17.0%
Services and other · Automotive 23 28 -17.9%
Services and other · Automotive 1,485 1,268 +17.1%
Services and other · GMI 279 294 -5.1%
Services and other · GMNA 1,183 946 +25.1%
Used vehicles 425 325 +30.8%
Used vehicles · Automotive 425 325 +30.8%
Used vehicles · GMI 9 8 +12.5%
Used vehicles · GMNA 416 317 +31.2%
Vehicle, parts, and accessories 37,440 38,268 -2.2%
Vehicle, parts, and accessories · Automotive 67 18 +272.2%
Vehicle, parts, and accessories · Automotive 37,440 38,268 -2.2%
Vehicle, parts, and accessories · GMI 2,571 2,125 +21.0%
Vehicle, parts, and accessories · GMNA 34,802 36,125 -3.7%
Show Business Segments breakouts
GMI · Automotive 2,859 2,427 +17.8%
GMNA · Automotive 36,401 37,388 -2.6%
Show Business Group [Axis] breakouts
Automotive 39,349 39,861 -1.3%
Automotive · Corporate Non Segment 90 46 +95.7%
Automotive · Operating Segments 39,349 39,860 -1.3%
Other Revenue 4,275 4,159 +2.8%
Show Business Segments breakouts
GM Financial · Operating Segments 4,276 4,164 +2.7%
Show Business Group [Axis] breakouts
GM Financial 4,275 4,159 +2.8%
Show Consolidation Items breakouts
Intersegment Elimination -1 -5 +80.0%
Revenue 43,624 44,020 -0.9%
Show Business Segments breakouts
GM Financial · Operating Segments 4,276 4,164 +2.7%
GMI · Automotive 2,859 2,427 +17.8%
GMI · Operating Segments 2,859 2,427 +17.8%
GMNA · Automotive 36,401 37,388 -2.6%
GMNA · Operating Segments 36,401 37,388 -2.6%
Show Business Group [Axis] breakouts
Automotive · Corporate Non Segment 90 46 +95.7%
Automotive · Operating Segments 39,349 39,860 -1.3%
Show Consolidation Items breakouts
Corporate Non Segment 90 46 +95.7%
Intersegment Elimination -1 -5 +80.0%
Operating Segments 43,536 43,979 -1.0%
Show Equity Method Investment Nonconsolidated Investee breakouts
Automotive China joint ventures equity income (loss) 5,692 5,065 +12.4%
Cost of Revenue (Q)
Show Business Group [Axis] breakouts
Automotive 35,028 35,191 -0.5%
Operating Costs And Expenses (Q)
Show Business Group [Axis] breakouts
GM Financial 3,601 3,491 +3.2%
Selling, General & Administrative (Q)
Show Business Group [Axis] breakouts
Automotive 2,069 1,985 +4.2%
Operating Expenses 40,698 40,668 +0.1%
Operating Income 2,926 3,352 -12.7%
Interest Expense (Q)
Show Business Group [Axis] breakouts
Automotive 158 152 +3.9%
Non-Operating Income (Expense) 307 310 -1.0%
Income Loss From Equity Method Investments Less Income From Operational Joint Venture 272 62 +338.7%
Income Before Taxes 3,347 3,572 -6.3%
Income Tax Expense (Benefit) 642 719 -10.7%
Net Income 2,705 2,853 -5.2%
Show Equity Components breakouts
Noncontrolling Interest 78 69 +13.0%
Retained Earnings 2,627 2,784 -5.6%
Show Equity Method Investment Nonconsolidated Investee breakouts
Automotive China joint ventures equity income (loss) 339 70 +384.3%
Net Income Loss Attributable To Noncontrolling Interest -78 -69 -13.0%
Net Income 2,627 2,784 -5.6%
Net Income Loss Available To Common Stockholders Basic 2,614 3,361 -22.2%
EPS (Basic) 2.87 3.4 -15.6%
Wtd Avg Shares (Basic) 911 988 -7.8%
EPS (Diluted) 2.82 3.35 -15.8%
Wtd Avg Shares (Diluted) 926 1,002 -7.6%
Comprehensive Income 2,692 2,915 -7.7%
Income Loss From Equity Method Investments 266 303 -12.2%
Show Business Segments breakouts
GM Financial · Operating Segments 14 12 +16.7%
GMI · Operating Segments 161 49 +228.6%
GMNA · Operating Segments 136 242 -43.8%
Show Consolidation Items breakouts
Corporate Non Segment -45
Operating Segments 311 303 +2.6%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Automotive China joint ventures equity income (loss) 165 45 +266.7%
Other joint ventures equity income (loss) 101 258 -60.9%
Provision For Loan Lease And Other Losses (Q)
Show Business Group [Axis] breakouts
GM Financial 267 328 -18.6%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 19,800 20,570 -3.7%
Available For Sale Securities Debt Securities Current 4,618 6,919 -33.3%
Accounts Receivable 16,381 14,936 +9.7%
Notes And Loans Receivable Net Current (Q)
Show Business Group [Axis] breakouts
GM Financial 43,751 44,517 -1.7%
GM Financial · Variable Interest Entity Primary Beneficiary 27,377 23,563 +16.2%
Inventory 15,590 15,253 +2.2%
Other Assets Current 8,981 7,811 +15.0%
Total Current Assets 109,121 110,006 -0.8%
Non-Current Assets
Notes And Loans Receivable Net Noncurrent (Q)
Show Business Group [Axis] breakouts
GM Financial 43,724 46,534 -6.0%
GM Financial · Variable Interest Entity Primary Beneficiary 20,653 26,593 -22.3%
Equity Method Investments 5,978 6,877 -13.1%
Show Business Segments breakouts
GM Financial · Operating Segments 1,144 1,226 -6.7%
GMI · Operating Segments 1,224 1,492 -18.0%
GMNA · Operating Segments 3,262 3,970 -17.8%
Show Consolidation Items breakouts
Corporate Non Segment 347 190 +82.6%
Operating Segments 5,631 6,688 -15.8%
Property Plant And Equipment Excluding Lessor Asset Under Operating Lease After Accumulated Depreciation 52,166 52,128 +0.1%
Intangible Assets Net Including Goodwill 4,336 4,520 -4.1%
Show Business Segments breakouts
GM Financial · Operating Segments 1,349 1,342 +0.5%
GMI · Operating Segments 639 669 -4.5%
GMNA · Operating Segments 2,347 2,508 -6.4%
Show Consolidation Items breakouts
Operating Segments 4,336 4,520 -4.1%
Operating Lease Right Of Use Asset Noncurrent 33,344 32,239 +3.4%
Deferred Tax Assets 22,682 21,234 +6.8%
Other Non-Current Assets 9,622 8,566 +12.3%
Assets Noncurrent 171,853 172,099 -0.1%
Total Assets 280,974 282,104 -0.4%
Show Business Segments breakouts
GM Financial · Operating Segments 136,319 141,056 -3.4%
GMI · Operating Segments 19,973 21,428 -6.8%
GMNA · Operating Segments 164,049 170,812 -4.0%
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 3.7 4.1 -9.8%
Show Consolidation Items breakouts
Corporate Non Segment 21,355 40,355 -47.1%
Intersegment Elimination -60,722 -91,797 +33.9%
Operating Segments 320,341 333,546 -4.0%
Operating Lease Right-of-Use Assets 33,344 32,239 +3.4%
Current Liabilities
Accounts Payable 27,912 26,948 +3.6%
Debt Current (Q)
Show Business Group [Axis] breakouts
Automotive 406 2,166 -81.3%
GM Financial 35,888 33,768 +6.3%
GM Financial · Variable Interest Entity Primary Beneficiary 19,278 14,147 +36.3%
Accrued Liabilities 30,514 27,865 +9.5%
Total Current Liabilities 94,720 90,747 +4.4%
Non-Current Liabilities
Long Term Debt And Capital Lease Obligations (Q)
Show Business Group [Axis] breakouts
Automotive 15,522 13,474 +15.2%
GM Financial 75,940 83,270 -8.8%
GM Financial · Variable Interest Entity Primary Beneficiary 27,566 34,789 -20.8%
Other Postretirement Defined Benefit Plan Liabilities Noncurrent 3,982 3,967 +0.4%
Defined Benefit Pension Plan Liabilities Noncurrent 4,712 5,768 -18.3%
Other Non-Current Liabilities 21,405 18,453 +16.0%
Liabilities Noncurrent 121,560 124,931 -2.7%
Total Liabilities 216,280 215,678 +0.3%
Long-Term Debt (Q)
Show Business Group [Axis] breakouts
Automotive · Secured Debt 106 146 -27.4%
Automotive · Unsecured Debt 15,390 15,130 +1.7%
GM Financial 111,827 117,037 -4.5%
GM Financial · Secured Debt 46,823 48,886 -4.2%
GM Financial · Unsecured Debt 65,005 68,152 -4.6%
Stockholders' Equity
Common Stock 9 10 -10.0%
Additional Paid-In Capital 19,541 20,345 -4.0%
Retained Earnings 53,386 55,140 -3.2%
Accumulated Other Comprehensive Income -10,277 -11,122 +7.6%
Total Stockholders' Equity 62,659 64,372 -2.7%
Minority Interest 2,036 2,054 -0.9%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 64,694 66,427 -2.6%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -7,258 -7,706 +5.8%
Accumulated Gain Loss Net Cash Flow Hedge Parent 300 68 +341.2%
Accumulated Other Comprehensive Income -10,277 -11,122 +7.6%
Accumulated Translation Adjustment -3,319 -3,482 +4.7%
Additional Paid In Capital 19,541 20,345 -4.0%
Common Stock 9 10 -10.0%
Noncontrolling Interest 2,036 2,054 -0.9%
Retained Earnings 53,386 55,140 -3.2%
Total Liabilities & Equity 280,974 282,104 -0.4%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Depreciationand Impairmentof Equipmenton Operating Leases Net 1,331 1,203 +10.6%
Depreciation Amortization And Impairment Charges On Property 1,699 1,731 -1.8%
Foreign Currency Remeasurementand Transaction Gains Losses -64 152 -142.1%
Income Loss From Equity Method Investments Net Of Dividends Or Distributions -266 485 -154.8%
Pension And Other Postretirement Benefit Contributions -231 -195 -18.5%
Pension And Other Postretirement Benefit Expense 11
Deferred Income Taxes 222 143 +55.2%
Increase Decrease In Other Operating Capital Net -2,456 -311 -689.7%
Net Cash from Operations 2,950 6,061 -51.3%
Depreciation & Amortization 3,005 2,934 +2.4%
Show Business Segments breakouts
GM Financial · Operating Segments 1,341 1,212 +10.6%
GMI · Operating Segments 119 102 +16.7%
GMNA · Operating Segments 1,541 1,588 -3.0%
Show Consolidation Items breakouts
Corporate Non Segment 5 27 -81.5%
Operating Segments 3,001 2,907 +3.2%
Investing Activities
Capital Expenditures -1,512 -1,816 +16.7%
Payments To Acquire Marketable Securities -734 -645 -13.8%
Proceeds From Sale And Maturity Of Available For Sale Securities 2,845 1,065 +167.1%
Payments To Acquire Finance Receivables -8,407 -10,058 +16.4%
Proceeds From Collection Of Finance Receivables 9,100 8,956 +1.6%
Payments To Acquire Leases Held For Investment -3,274 -4,212 +22.3%
Proceeds From Leases Held For Investment 2,520 2,529 -0.4%
Other Investing Activities 94 -310 +130.3%
Net Cash from Investing 632 -4,490 +114.1%
Financing Activities
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less 92 170 -45.9%
Proceeds From Debt Maturing In More Than Three Months 8,376 16,897 -50.4%
Repayments Of Debt Maturing In More Than Three Months -10,813 -15,216 +28.9%
Share Repurchases -800 -2,012 +60.2%
Payments Of Dividends -223 -175 -27.4%
Proceeds From Payments For Other Financing Activities -321 -178 -80.3%
Net Cash from Financing -3,689 -543 -579.4%
Supplemental
Unpaid Capital Expenditures 2,255 1,811 +24.5%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents -113 51 -321.6%
Net Change in Cash -221 1,078 -120.5%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 24,063 24,042 +0.1%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

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