Net Income for General Motors (GM)
According to General Motors's latest reported financial statements, the company's current net income (TTM) is $2.54B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$2.54B
YoY change
-55.1%
5Y CAGR
-15.9%
Peak year (2009)
$104.82B
Cumulative net income
$183.98B
Net Income history chart for General Motors (GM) from 2008 to 2025
Net Income history table for General Motors (GM) from 2008 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $2.70B | -55.1% | ||
| 2024 | $6.01B | -40.7% | ||
| 2023 | $10.13B | +1.9% | ||
| 2022 | $9.93B | -0.8% | ||
| 2021 | $10.02B | +55.9% | ||
| 2020 | $6.43B | -4.5% | ||
| 2019 | $6.73B | -16.7% | ||
| 2018 | $8.08B | +22355.6% | ||
| 2017 | $36.00M | -99.6% | ||
| 2016 | $9.43B | -2.7% | ||
| 2015 | $9.69B | +145.3% | ||
| 2014 | $3.95B | -26.1% | ||
| 2013 | $5.35B | -13.6% | ||
| 2012 | $6.19B | -32.7% | ||
| 2011 | $9.19B | +48.9% | ||
| 2010 | $6.17B | -94.1% | ||
| 2009 | $104.82B | -439.7% | ||
| 2008 | -$30.86B | — |
Net Income 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
As of the 2025 fiscal year, General Motors (GM) reported net income of $2.70B – plunged 55.1% year-over-year.
Across 2020–2025 (5 years), General Motors net income produced a CAGR of -15.9% – with a net decline across the window.
Between 2009 and 2025, General Motors net income plunged 97.4%, falling from $104.82B to $2.70B.
The highest annual net income of $104.82B was reported in 2009. The lowest in the available history was -$30.86B in 2008.
Among 8 Consumer Cyclical peers, General Motors (GM) ranks 9th; the peer median for net income is $11.36B.
General Motors Net Income by Year
General Motors Net Income 2025: $2.70B
General Motors net income in 2025 was $2.70B, plunged 55.1% below 2024.
General Motors Net Income 2024: $6.01B
General Motors net income in 2024 was $6.01B, plunged 40.7% below 2023.
General Motors Net Income 2023: $10.13B
General Motors net income in 2023 was $10.13B, edged up 1.9% from 2022.
General Motors Net Income 2022: $9.93B
General Motors net income in 2022 was $9.93B, edged down 0.8% below 2021.
General Motors Net Income 2021: $10.02B
General Motors net income in 2021 was $10.02B.
See more financial history for General Motors (GM).
Sector peers — Net Income
Companies in the same sector as General Motors, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $130.11B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $96.66B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $77.67B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $14.16B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $8.56B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $5.49B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $5.40B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $3.79B | Consumer Cyclical |
Frequently asked questions
What is General Motors's net income?
- Latest reported net income for General Motors (GM) is $2.54B (period ending March 31, 2026).
How has General Motors net income changed year-over-year?
- General Motors (GM) net income changed -55.1% year-over-year on the latest annual filing.
What is the long-term growth rate of General Motors net income?
- General Motors (GM) net income compound annual growth rate is -15.9% over the most recent 5 years available.
When did General Motors net income hit its highest annual value?
- General Motors net income reached its highest annual value of $104.82B in 2009.
What was General Motors net income in 2024?
- General Motors (GM) net income in 2024 was $6.01B.
What was General Motors net income in 2025?
- General Motors (GM) net income in 2025 was $2.70B.
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