v3.26.1
Revenue
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table disaggregates our revenue by major source:
Three Months Ended June 30, 2026
GMNAGMICorporateTotal AutomotiveGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts, and accessories$38,062 $3,396 $125 $41,583 $— $— $41,583 
Used vehicles621 11 — 632 — — 632 
Services and other1,229 284 34 1,547 — — 1,547 
Automotive net sales and revenue39,911 3,691 159 43,762 — — 43,762 
Leased vehicle income— — — — 1,970 — 1,970 
Finance charge income— — — — 2,006 — 2,006 
Other income— — — — 291 (3)289 
GM Financial net sales and revenue— — — — 4,267 (3)4,264 
Net sales and revenue$39,912 $3,691 $159 $43,762 $4,267 $(3)$48,026 
Three Months Ended June 30, 2025
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts, and accessories$37,893 $3,075 $30 $40,998 $— $— $— $40,998 
Used vehicles515 — 524 — — — 524 
Services and other1,078 243 27 1,348 — — — 1,348 
Automotive net sales and revenue39,486 3,326 57 42,869 — — — 42,869 
Leased vehicle income— — — — — 1,940 — 1,940 
Finance charge income— — — — — 2,048 — 2,048 
Other income— — — — — 267 (2)265 
GM Financial net sales and revenue— — — — — 4,255 (2)4,253 
Net sales and revenue$39,486 $3,326 $57 $42,869 $— $4,255 $(2)$47,122 
Six Months Ended June 30, 2026
GMNAGMICorporateTotal AutomotiveGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts, and accessories$72,864 $5,967 $192 $79,023 $— $— $79,023 
Used vehicles1,037 20 — 1,057 — — 1,057 
Services and other2,411 563 57 3,031 — — 3,032 
Automotive net sales and revenue76,312 6,550 249 83,111 — — 83,111 
Leased vehicle income— — — — 3,955 — 3,955 
Finance charge income— — — — 3,972 — 3,972 
Other income— — — — 617 (4)613 
GM Financial net sales and revenue— — — — 8,543 (4)8,539 
Net sales and revenue$76,312 $6,550 $249 $83,111 $8,543 $(4)$91,650 
Six Months Ended June 30, 2025
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts, and accessories$74,019 $5,200 $48 $79,267 $— $— $— $79,267 
Used vehicles831 17 — 848 — — — 848 
Services and other2,023 536 55 2,614 — — 2,615 
Automotive net sales and revenue76,873 5,753 103 82,729 — — 82,730 
Leased vehicle income— — — — — 3,842 — 3,842 
Finance charge income— — — — — 4,073 (4)4,069 
Other income— — — — — 504 (4)500 
GM Financial net sales and revenue— — — — — 8,419 (7)8,412 
Net sales and revenue$76,873 $5,753 $103 $82,729 $$8,419 $(7)$91,141 

Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Adjustments to sales incentives for previously recognized sales were insignificant in the three months ended June 30, 2026 and 2025.

Contract liabilities in our Automotive operations primarily consist of vehicle connectivity, customer rewards programs, maintenance, extended warranty, and other contracts of $9.1 billion and $8.2 billion at June 30, 2026 and December 31, 2025, which are included in Accrued liabilities and Other liabilities. We recognized revenue of $729 million and $1.5 billion related to contract liabilities in the three months and six months ended June 30, 2026 and $606 million and $1.2 billion in the three and six months ended June 30, 2025. We expect to recognize revenue of $1.5 billion in the six months ending December 31, 2026 and $2.1 billion, $1.5 billion, and $4.0 billion in the years ending December 31, 2027, 2028, and thereafter related to contract liabilities at June 30, 2026.