General Motors

GM Q3 2025 Earnings

Reported Oct 21, 2025 at 7:38 AM ET · SEC Source

Q3 25 EPS

$2.80

BEAT +20.54%

Est. $2.32

Q3 25 Revenue

$48.59B

BEAT +7.20%

Est. $45.33B

vs S&P Since Q3 25

+5.9%

BEATING MARKET

GM +13.3% vs S&P +7.4%

Market Reaction

Did GM Beat Earnings? Q3 2025 Results

General Motors delivered a headline-beating third quarter for fiscal 2025, posting adjusted EPS of $2.80 against a Wall Street consensus of $2.32, a 20.54% beat, while revenue of $48.59 billion topped estimates by 7.20%, though it was essentially fla… Read more General Motors delivered a headline-beating third quarter for fiscal 2025, posting adjusted EPS of $2.80 against a Wall Street consensus of $2.32, a 20.54% beat, while revenue of $48.59 billion topped estimates by 7.20%, though it was essentially flat, down just 0.3% from the year-ago period. The real story, however, lies beneath the adjusted figures: net income attributable to stockholders collapsed 56.6% to $1.33 billion, weighed down by $1.93 billion in special charges, the largest of which was a $1.59 billion EV strategic realignment charge tied to manufacturing capacity and footprint adjustments. EBIT-adjusted of $3.38 billion fell 18.0% year-over-year, with margin compressing to 6.9%. Bright spots included GM Financial, where EBT-adjusted climbed 17.0% to $804 million, and a sharp recovery in GM International. Looking ahead, GM raised its full-year EBIT-adjusted guidance to $12.0–$13.0 billion and lifted adjusted EPS to $9.75–$10.50, signals that management sees the underlying business staying on track despite near-term restructuring headwinds.

Key Takeaways

  • U.S. market share increased to 17.0% from 16.5% year-over-year
  • North America capacity two-shift utilization reached 118.3%, up from 109.1%
  • GM Financial EBT-adjusted grew 17.0% to $804 million
  • China equity income swung to $80 million profit from $137 million loss
  • GMI EBIT-adjusted surged to $226 million from $42 million
  • U.S. truck market share of 32.3%
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GM YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

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GM Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26