Asset-Backed Issuer Distribution Report (Form 10-D)

GM Financial Automobile Leasing Trust 2025-1

5.000% Exchange Note

Class A-1 4.40800% Asset Backed Notes

Class A-2A 4.54% Asset Backed Notes

Class A-2B Floating Asset Backed Notes

Class A-3 4.66% Asset Backed Notes

Class A-4 4.70% Asset Backed Notes

Class B 4.89% Asset Backed Notes

Class C 4.99% Asset Backed Notes

Servicer's Certificate

Beginning of Period:					09/01/26
End of Period:					09/30/26
Number of days in Interest Period (Actual/360):					29
Number of days in Collection Period:					30
Report Due Date:					10/16/26
Distribution Date:					10/20/26
Transaction Month:					20

2025-1										Original Agg.
Designated Pool		Units				Start Date		Closing Date		Securitization Value
			60,223			01/02/2025		02/12/2025		$	1,964,866,245
Total			60,223							$	1,964,866,245

RECONCILIATION OF 2025-1 DESIGNATED POOL AGGREGATE SECURITIZATION VALUE

{1}

Beginning of period Aggregate Securitization Value

{1}

$

993,954,324

{2}

Reduction in Agg. Securitization Value due to payments

{2}

10,372,417

{3}

Reduction in Agg. Securitization Value due to Defaulted Leases

{3}

1,222,194

{4}

Reduction in Agg. Securitization Value due to early terminations, dealer buyouts, cancellations, repurchases

{4}

69,112,302

{5}

Other adjustments

{5}

0

{6}

Total change in Agg. Securitization Value

{6}

80,706,913

{7}

End of period Aggregate Securitization Value

{7}

$

913,247,411

{8}

Pool Factor

{8}

46.478859

%

RECONCILIATION OF 2025-1 EXCHANGE NOTE

{9}		Original Exchange Note Balance		{9}		$	1,870,000,000
{10}		Beginning of period Exchange Note Balance		{10}		$	899,088,079
{11}		Exchange Note Principal Payment Amount		{11}			80,706,913
{12}		End of period Exchange Note Balance		{12}		$	818,381,166
{13}		Note Pool Factor		{13}			43.763699	%

RECONCILIATION OF THE ASSET BACKED NOTES

						Class A-1				Class A-2A				Class A-2B				Class A-3				Class A-4
{14}		Original Note Balance		{14}		$	226,890,000			$	267,720,000			$	365,000,000			$	632,710,000			$	108,070,000
{15}		Beginning of period Note Balance		{15}		$	0			$	0			$	0			$	511,573,368			$	108,070,000
{16}		Noteholders' Principal Distributable Amount		{16}			0				0				0				80,706,913				0
{17}		Noteholders' Accelerated Principal Amount		{17}			0				0				0				0				0
{18}		Aggregate Principal Parity Amount		{18}			0				0				0				0				0
{19}		Matured Principal Shortfall		{19}			0				0				0				0				0
{20}		End of period Note Balance		{20}		$	0			$	0			$	0			$	430,866,455			$	108,070,000
{21}		Note Pool Factor		{21}			0.000000	%			0.000000	%			0.000000	%			68.0985689	%			100.000000	%

						Class B				Class C				TOTAL
{22}		Original Note Balance		{22}		$	87,500,000			$	80,500,000			$	1,768,390,000
{23}		Beginning of period Note Balance		{23}		$	87,500,000			$	80,500,000			$	787,643,368
{24}		Noteholders' Principal Distributable Amount		{24}			0				0				80,706,913
{25}		Noteholders' Accelerated Principal Amount		{25}			0				0				0
{26}		Aggregate Principal Parity Amount		{26}			0				0				0
{27}		Matured Principal Shortfall		{27}			0				0				0
{28}		End of period Note Balance		{28}		$	87,500,000			$	80,500,000			$	706,936,455
{29}		Note Pool Factor		{29}			100.000000	%			100.000000	%			39.976275	%

EXCHANGE NOTE MONTHLY PRINCIPAL PAYMENT AND INTEREST CALCULATIONS

Principal payment calculation:

{30}

Beginning of period Designated Pool Balance

{30}

$

993,954,324

{31}

Ending Designated Pool Balance

{31}

913,247,411

{32}

Unpaid prior Exchange Note Principal Payment Amount

{32}

0

{33}

Sum of {31} + {32}

{33}

913,247,411

{34}

Exchange Note Principal Payment Amount {30} - {33}

{34}

$

80,706,913

Interest calculation:

				Beg Note Balance				Interest Carryover				Interest Rate				Days			Days Basis			Interest
{35}				$	899,088,079			$	0				5.000	%		30			30/360			$	3,746,201

RECONCILIATION OF EXCHANGE NOTE COLLECTION ACCOUNT

Additions:

{36}

2025-1 Designated Pool Collections (net of Liquidation Proceeds and fees)

{36}

$

17,438,650

{37}

Net Liquidation Proceeds collected during period

{37}

74,040,979

{38}

Investment Earnings

{38}

283,880

{39}

Investment Earnings - transferred to Indenture Note Collection Account

{39}

(283,880

)

{40}

Deposit from Servicer

{40}

0

{41}

Total Additions:

{41}

91,479,629

Distributions:

{42}

To the Servicer, Designated Pool Servicing Fee

{42}

828,295

{43}

To the 2025-1 Exchange Noteholder, the Exchange Note Interest Payment Amount

{43}

3,746,201

{44}

To the 2025-1 Exchange Noteholder, the Exchange Note Principal Payment Amount

{44}

80,706,913

{45}

To the 2025-1 Exchange Noteholder, any funds available to pay obligations pursuant to Indenture Section 8.3 (a)(i) through (xiv)

{45}

0

{46}

To the 2025-1 Exchange Noteholder, all remaining funds to be applied as Excess Exchange Note Payments

{46}

6,198,220

{47}

Total Distributions:

{47}

$

91,479,629

NOTEHOLDERS' MONTHLY PRINCIPAL PAYMENT AND INTEREST CALCULATIONS

Noteholders' Principal Distributable calculation:

{48}

Beginning Agg. Securitization Value

{48}

$

993,954,324

{49}

Ending Agg. Securitization Value

{49}

913,247,411

{50}

Principal Distributable Amount {48} - {49}

{50}

80,706,913

{51}

Noteholders' Principal Carryover Amount

{51}

0

{52}

Principal Distributable Amount + Noteholders' Principal Carryover Amount

{52}

80,706,913

{53}

Amount required to reduce Outstanding Amount after giving effect to distributions made pursuant to Indenture Section 8.3 (a) (i) through (x) to the Required Pro Forma Note Balance

{53}

80,706,913

{54}

Noteholders' Principal Distributable Amount Lesser of {52} and {53}

{54}

$

80,706,913

Noteholders' Interest Distributable calculation:

		Class		Beg Note Balance				Interest Carryover				Interest Rate				Days			Days Basis			Interest
{55}		Class A-1		$	0			$	0				4.40800	%		29			Actual/360			$	0
{56}		Class A-2A		$	0				0				4.54	%		30			30/360				0
{57}		Class A-2B		$	0				0				4.05783	%		29			Actual/360				0
{58}		Class A-3		$	511,573,368				0				4.66	%		30			30/360				1,986,610
{59}		Class A-4		$	108,070,000				0				4.70	%		30			30/360				423,275
{60}		Class B		$	87,500,000				0				4.89	%		30			30/360				356,563
{61}		Class C		$	80,500,000				0				4.99	%		30			30/360				334,746

RECONCILIATION OF INDENTURE COLLECTION ACCOUNT

Available Funds:

{62}

2025-1 Exchange Note Collections

{62}

$

90,651,334

{63}

Investment Earnings

{63}

0

{64}

Investment Earnings - transferred from Exchange Note Collection Account

{64}

283,880

{65}

Investment Earnings - and amounts released from Reserve Account pursuant to Section 2.14(b)(ii) of Servicing Supplement

{65}

14,884

{66}

Optional Purchase Price

{66}

0

{67}

Indenture Section 5.4 disposition of Collateral

{67}

0

{68}

Available Funds:

{68}

90,950,098

{69}

Reserve Account Withdrawal Amount

{69}

0

{70}

Total Distributable Funds:

{70}

90,950,098

Distributions:

{71}

To the Successor Servicer, unpaid transition expenses, pro rata

{71}

0

{72}

To the Indenture Trustee, any accrued and unpaid fees & expenses, pro rata

{72}

417

{73}

To the Issuer Owner Trustee, any accrued and unpaid fees & expenses, pro rata

{73}

250

{74}

To the Asset Representations Reviewer, any accrued and unpaid fees & expenses, pro rata

{74}

0

{75}

Class A-1 Noteholders' Interest Distributable Amount pari passu

{75}

0

{76}

Class A-2A Noteholders' Interest Distributable Amount pari passu

{76}

0

{77}

Class A-2B Noteholders' Interest Distributable Amount pari passu

{77}

0

{78}

Class A-3 Noteholders' Interest Distributable Amount pari passu

{78}

1,986,610

{79}

Class A-4 Noteholders' Interest Distributable Amount pari passu

{79}

423,275

{80}

Class A Noteholders' Principal Parity Amount or Matured Principal Shortfall

{80}

0

{81}

Class B Noteholders' Interest Distributable Amount

{81}

356,563

{82}

Class B Noteholders' Principal Parity Amount or Matured Principal Shortfall

{82}

0

{83}

Class C Noteholders' Interest Distributable Amount

{83}

334,746

{84}

Class C Noteholders' Principal Parity Amount or Matured Principal Shortfall

{84}

0

{85}

Noteholders' Principal Distributable Amount

{85}

80,706,913

{86}

To the Reserve Account, the Reserve Account Required Amount

{86}

0

{87}

To the Noteholders, the Accelerated Principal Amount (as calculated below)

{87}

0

{88}

To the Successor Servicer, any amounts in excess of the caps set forth, pro rata

{88}

0

{89}

To the Indenture Trustee, any amounts in excess of the caps set forth, pro rata

{89}

0

{90}

To the Asset Representations Reviewer, any amounts in excess of the caps set forth, pro rata

{90}

0

{91}

To the Issuer Owner Trustee, any amounts in excess of the caps set forth, pro rata

{91}

0

{92}

To the Issuer Trust Certificateholders, the aggregate amount remaining

{92}

7,141,324

{93}

Total Distributions:

{93}

$

90,950,098

PRINCIPAL PARITY AMOUNT CALCULATION

		Class		(X) Cumulative Note Balance				(Y) Aggregate Securitization Value				(I) Excess of (X) - (Y)				(II) Total Available Funds in Indenture Collection Account				Lesser of (I) or (II)
{94}		Class A		$	619,643,368			$	913,247,411			$	0			$	88,539,546			$	0
{95}		Class B			707,143,368				913,247,411				0				88,182,983				0
{96}		Class C			787,643,368				913,247,411				0				87,848,237				0

ACCELERATED PRINCIPAL AMOUNT CALCULATION

{97}

Excess Total Available Funds

{97}

$

7,141,324

{98}

Beginning Note Balance

{98}

787,643,368

{99}

Principal payments through Indenture Section 8.3 (a) (i) through (xii)

{99}

80,706,913

{100}

Pro-Forma Note Balance

{100}

706,936,455

{101}

Ending Aggregate Securitization Value

{101}

913,247,411

{102}

11.0% of Aggregate Securitization Value as of Cutoff until Class A-2 is paid in full, 10.5% Thereafter ($216,135,287)

{102}

206,310,956

{103}

Required Pro Forma Note Balance {101} - {102}

{103}

706,936,455

{104}

Excess of Pro Forma Balance minus Required Pro Forma Balance {100} - {103}

{104}

0

{105}

Lesser of Excess Total Available Funds and Excess of Pro Forma Note Balance

{105}

$

0

OVERCOLLATERALIZATION CALCULATIONS

Exchange Note:

{106}

Ending Aggregate Securitization Value

{106}

$

913,247,411

{107}

End of Period Note Balance

{107}

818,381,166

{108}

Overcollateralization

{108}

94,866,245

{109}

Overcollateralization %

{109}

10.39

%

Asset Backed Notes:

{110}

Ending Aggregate Securitization Value

{110}

913,247,411

{111}

End of Period Note Balance

{111}

706,936,455

{112}

Overcollateralization

{112}

206,310,956

{113}

Overcollateralization %

{113}

22.59

%

RECONCILIATION OF 2025-1 CASH RESERVE ACCOUNT

{114}

Specified Reserve Balance

{114}

$

4,912,166

{115}

Beginning of Period Reserve Account balance

{115}

$

4,912,166

{116}

Investment Earnings

{116}

14,884

{117}

From the Indenture Collection Account, the Reserve Account Required Amount

{117}

0

{118}

To the Indenture Collection Account, the Reserve Account Withdrawal Amount

{118}

0

{119}

Total Reserve balance available:

{119}

4,927,050

{120}

Specified Reserve Balance

{120}

4,912,166

{121}

Release Excess Cash to Indenture Collection Available Funds

{121}

14,884

{122}

End of period Reserve Account balance

{122}

$

4,912,166

ASSET REPRESENTATIONS REVIEW DELINQUENCY TRIGGER

Dollars

Percentage

{123}

Receivables with Scheduled Payment delinquent 61 days or more

{123}

$

2,849,920

0.31

%

{124}

Compliance (Trigger Violation is a Delinquency Rate Greater Than 2.10%)

{124}

Yes

By:	/s/ Ellen Billings
Name:	Ellen Billings
Title:	Senior Vice President, Controller - North America
Date:	October 15, 2026

GM Financial

GMALT 2025-1

Supplemental Monthly Data

September 30, 2026

				Aggregate Securitization Value				Residual Value
Beginning of Period				$	993,954,324			$	894,754,973
Change					(80,706,913	)			(68,343,210	)
End of Period				$	913,247,411			$	826,411,763
Residual Value as % of Agg. Securitization Value									90.49	%

Delinquency

Leases with scheduled payment delinquent				Number of Leases				Agg. Securitization Value				Percentage(1)
0 - 30 days					33,119				903,963,145				98.98	%
31 - 60 days					207				6,434,346				0.70	%
61 - 90 days					59				1,743,310				0.19	%
91 - 120 days					29				1,106,610				0.12	%
Total					33,414				913,247,411				100.00	%

Lease Terminations

					Current Period								Cumulative
				Number of Leases				Agg. Securitization Value				Number of Leases				Agg. Securitization Value
Retained vehicles by lessee
Early terminations					846				19,956,464				12,667				354,868,433
Standard terminations					516				11,595,208				3,732				83,547,418
Total retained by lessee					1,362				31,551,672				16,399				438,415,851
Returned Vehicles
Early terminations					506				13,804,364				4,877				136,749,435
Standard terminations					798				23,756,267				4,006				114,665,676
Total returned to dealer					1,304				37,560,631				8,883				251,415,111
Charged off leases / Repossessed vehicles					51				1,222,194				1,527				47,194,419
Repurchases					0				0				0				0
Other					0				0				0				0
Total terminations					2,717				70,334,497				26,809				737,025,381

Lease Extensions/Deferments

					Current Period
				Number of Leases				Agg. Securitization Value				Percentage
Term Extensions					264				6,319,047				0.64	%
Deferments					17				459,723				0.05	%

Net Credit (Gain) Loss

						Current Period				Cumulative
Agg. Securitized Value of early term defaults							1,222,194				47,194,419
less: Sales proceeds							1,690,283				48,369,987
less: Excess wear and excess mileage received							4,289				15,199
less: Other amounts received							0				0
Net Credit (Gain) Loss							(472,378	)			(1,190,767	)

Residual (Gain) Loss on Returned Vehicles

Agg. Securitized Value of returned vehicles sold by Servicer							37,482,596				250,743,686
add: Reimbursement of outstanding residual advance							N/A				N/A
less: Sales proceeds							35,958,145				259,820,431
less: Excess wear and excess mileage received							254,216				1,343,964
less: Other recovery amounts							0				0
Residual (Gain) Loss							1,270,235				(10,420,709	)

				Current Period				Prev. Month
Prepay Speed					0.3239	%			0.7916	%
Return Rate based on Scheduled to Terminate(2)					41.6214	%			43.2247	%
Return Rate based on Terminated Leases(3)					47.9941	%			45.0483	%

(1) Percentages may not add to 100% due to rounding.

(2) Percentage of total number of vehicles returned to dealer over number of vehicles scheduled to terminate per month.

(3) Percentage of total number of vehicles returned to dealer over number of vehicles terminated per month.