Gross Profit for General Motors (GM)
According to General Motors's latest reported financial statements, the company's current gross profit (TTM) is $11.25B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
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TTM (last 4 quarters)
$11.25B
YoY change
-38.4%
5Y CAGR
+0.2%
Peak year (2024)
$32.60B
Cumulative gross profit
$412.19B
Gross Profit history chart for General Motors (GM) from 2008 to 2025
Gross Profit history table for General Motors (GM) from 2008 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $20.10B | -38.4% | ||
| 2024 | $32.60B | +12.3% | ||
| 2023 | $29.04B | -5.7% | ||
| 2022 | $30.78B | +19.4% | ||
| 2021 | $25.78B | +29.7% | ||
| 2020 | $19.87B | +2.4% | ||
| 2019 | $19.41B | -11.3% | ||
| 2018 | $21.89B | -14.2% | ||
| 2017 | $25.53B | -5.1% | ||
| 2016 | $26.92B | +3.5% | ||
| 2015 | $26.02B | +19.8% | ||
| 2014 | $21.71B | -12.6% | ||
| 2013 | $24.84B | +11.8% | ||
| 2012 | $22.22B | -16.6% | ||
| 2011 | $26.63B | +12.0% | ||
| 2010 | $23.77B | +638.3% | ||
| 2009 | $3.22B | -72.8% | ||
| 2008 | $11.85B | — |
Gross Profit values are taken from General Motors's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of General Motors (GM) gross profit is $20.10B – plunged 38.4% year-over-year.
Across 2020–2025 (5 years), General Motors gross profit produced a CAGR of +0.2% – with the latest reading among the more recent periods of the dataset.
General Motors gross profit peaked at $32.60B in 2024; the latest annual figure is $20.10B in 2025 (38.4% below peak).
2024 marks the peak gross profit at $32.60B, with the historical low of $3.22B recorded in 2009.
Within Consumer Cyclical, General Motors (GM) ranks 6th among 8 peers we track. The peer median for gross profit is $40.89B.
General Motors Gross Profit by Year
General Motors Gross Profit 2025: $20.10B
General Motors gross profit in 2025 was $20.10B, plunged 38.4% below 2024.
General Motors Gross Profit 2024: $32.60B
General Motors gross profit in 2024 was $32.60B, grew 12.3% from 2023. This figure represents the highest annual value in the available history.
General Motors Gross Profit 2023: $29.04B
General Motors gross profit in 2023 was $29.04B, declined 5.7% below 2022.
General Motors Gross Profit 2022: $30.78B
General Motors gross profit in 2022 was $30.78B, grew 19.4% from 2021.
General Motors Gross Profit 2021: $25.78B
General Motors gross profit in 2021 was $25.78B.
See more financial history for General Motors (GM).
Sector peers — Gross Profit
Companies in the same sector as General Motors, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $398.06B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $360.51B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $236.42B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $54.87B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $26.92B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $18.69B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $17.09B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $15.44B | Consumer Cyclical |
Frequently asked questions
What is General Motors's gross profit?
- Latest reported gross profit for General Motors (GM) is $11.25B (period ending March 31, 2026).
How has General Motors gross profit changed year-over-year?
- General Motors (GM) gross profit changed -38.4% year-over-year on the latest annual filing.
What is the long-term growth rate of General Motors gross profit?
- General Motors (GM) gross profit compound annual growth rate is +0.2% over the most recent 5 years available.
When did General Motors gross profit hit its highest annual value?
- General Motors gross profit reached its highest annual value of $32.60B in 2024.
What was General Motors gross profit in 2024?
- General Motors (GM) gross profit in 2024 was $32.60B.
What was General Motors gross profit in 2025?
- General Motors (GM) gross profit in 2025 was $20.10B.
Metrics overview
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