GM releases 2025 third-quarter results

DETROIT - General Motors (NYSE: GM) today reported third-quarter 2025 revenue of $48.6 billion, net income attributable to stockholders of $1.3 billion, and EBIT-adjusted of $3.4 billion.

GM is also updating its 2025 full-year earnings guidance:

			Updated 2025 guidance			Previous 2025 guidance
Net income attributable to stockholders			$7.7 billion - $8.3 billion			$7.7 billion - $9.5 billion
EBIT-adjusted			$12.0 billion - $13.0 billion			$10.0 billion - $12.5 billion
Automotive operating cash flow			$19.2 billion - $21.2 billion			$17.0 billion - $20.5 billion
Adjusted automotive free cash flow			$10.0 billion - $11.0 billion			$7.5 billion - $10.0 billion
EPS-diluted			$8.30 - $9.05			$8.22 - $9.97
EPS-diluted-adjusted			$9.75 - $10.50			$8.25 - $10.00

An overview of quarterly results and financial highlights appears below. Visit the GM Investor Relations website to download the company's earnings deck and GM Chair and CEO Mary Barra's Letter to Shareholders.

Conference call for investors and analysts

Mary Barra and GM Chief Financial Officer Paul Jacobson will host a conference call for the investment community at 8:30 a.m. ET today to discuss these results.

Conference call details are as follows:

•1-800-857-9821 (U.S.)

•1-517-308-9481 (international/caller-paid)

•Conference call passcode: General Motors

•An audio replay will be available on the GM Investor Relations website in the Events section.

Results Overview

			Three Months Ended
($M) except per share amounts			September 30, 2025			September 30, 2024			Change			% Change
Revenue			$	48,591		$	48,757		$	(166)		(0.3)		%
Net income attributable to stockholders			$	1,327		$	3,056		$	(1,729)		(56.6)		%
EBIT-adjusted			$	3,376		$	4,115		$	(739)		(18.0)		%
Net income margin			2.7		%	6.3		%	(3.6) ppts			(57.1)		%
EBIT-adjusted margin			6.9		%	8.4		%	(1.5) ppts			(17.9)		%
Automotive operating cash flow			$	6,070		$	7,863		$	(1,793)		(22.8)		%
Adjusted automotive free cash flow			$	4,201		$	5,834		$	(1,633)		(28.0)		%
EPS-diluted			$	1.35		$	2.68		$	(1.33)		(49.6)		%
EPS-diluted-adjusted			$	2.80		$	2.96		$	(0.16)		(5.4)		%
GMNA EBIT-adjusted			$	2,506		$	3,982		$	(1,476)		(37.1)		%
GMNA EBIT-adjusted margin			6.2		%	9.7		%	(3.5) ppts			(36.1)		%
GMI EBIT-adjusted(a)			$	226		$	42		$	184		n.m.
China equity income (loss)(a)			$	80		$	(137)		$	217		n.m.
GM Financial EBT-adjusted			$	804		$	687		$	117		17.0		%

__________

(a)n.m. = not meaningful

General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range of EVs, as we move to an all-electric future. Learn more at GM.com.

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CONTACTS:
Jim Cain GM Communications 313-407-2843 [email protected]			Ashish Kohli, CFA GM Investor Relations 847-964-3459 [email protected]
David Caldwell GM Communications 586-899-7861 [email protected]