v3.26.1
CONDENSED CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Net sales and revenue        
Automotive $ 43,762 $ 42,869 $ 83,111 $ 82,730
GM Financial 4,264 4,253 8,539 8,412
Total net sales and revenue (Note 2) 48,026 47,122 91,650 91,141
Costs and expenses        
Total costs and expenses 46,567 44,995 87,265 85,662
Operating income (loss) 1,459 2,127 4,385 5,479
Interest income and other non-operating income, net 223 366 530 676
Equity income (loss) (Note 7) 36 80 309 142
Income (loss) before income taxes 1,568 2,375 4,915 5,946
Income tax expense (benefit) (Note 14) 214 481 856 1,199
Net income (loss) 1,354 1,894 4,058 4,747
Net loss (income) attributable to noncontrolling interests (48) 1 (126) (68)
Net income (loss) attributable to stockholders 1,305 1,895 3,932 4,680
Net income (loss) attributable to common stockholders $ 1,287 $ 1,865 $ 3,901 $ 5,224
Earnings per share (Note 17)        
Basic earnings per common share (in dollars per share) $ 1.44 $ 1.94 $ 4.32 $ 5.35
Weighted-average common shares outstanding – basic (in shares) 896 963 904 976
Diluted earnings per common share (in dollars per share) $ 1.41 $ 1.91 $ 4.25 $ 5.28
Weighted-average common shares outstanding – diluted (in shares) 910 976 918 989
Automotive        
Net sales and revenue        
Automotive $ 43,762 $ 42,869 $ 83,111 $ 82,730
Costs and expenses        
Automotive and other cost of sales 40,696 39,289 75,724 74,480
Automotive and other selling, general, and administrative expense 2,197 2,139 4,266 4,124
Automotive interest expense 151 198 309 350
GM Financial        
Net sales and revenue        
GM Financial 4,264 4,253 8,539 8,412
Costs and expenses        
GM Financial interest, operating, and other expenses $ 3,674 $ 3,567 $ 7,275 $ 7,058