How does General Motors (GM) make money?

General Motors (GM) generates revenue primarily from GMNA, which accounted for 75% of total revenue in TTM through Q1 2026. The company reported $184.62B in revenue and converted 1.4% of it into net profit, equivalent to roughly $2.54B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of General Motors (GM)?

General Motors (GM) reported a gross profit margin of 6.1% in TTM through Q1 2026, equivalent to $11.25B in gross profit on $184.62B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of General Motors (GM)?

General Motors (GM) reported an operating profit margin of 1.3% in TTM through Q1 2026, equivalent to $2.48B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of General Motors (GM)?

General Motors (GM) reported a net profit margin of 1.4% in TTM through Q1 2026, equivalent to $2.54B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is General Motors (GM) profitable?

Yes. General Motors (GM) reported $2.54B in net income for TTM through Q1 2026, with a net profit margin of 1.4%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does General Motors (GM) spend on capital expenditures?

General Motors (GM) spent $11.28B on capital expenditures (CapEx) during TTM through Q1 2026, roughly 6.1% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does General Motors (GM) generate?

General Motors (GM) generated $12.48B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 6.8%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of General Motors (GM)?

General Motors (GM) had an effective tax rate of 9.1% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of General Motors (GM)?

General Motors (GM) reports revenue across 5 reportable product segments, led by GMNA at 75% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How General Motors Makes Money: 2026 Visual Revenue Map

General Motors (GM) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 28, 2026).

General Motors discloses geographic revenue only in annual filings. to view the full breakdown.

General Motors (GM) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for General Motors (GM) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
GMNA	$138.50B	75%
GM North America	$32.87B	17.8%
GM Financial Segment	$7.33B	4%
GMI	$5.92B	3.2%
Cruise	$427.14K	0%
Total	$184.62B	100%

GMNA$138.50B
GM North America$32.87B
GM Financial Segment$7.33B
GMI$5.92B
Cruise$427.14K
Total$184.62B

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, General Motors (GM) reports revenue across 5 operating segments; the largest segment was GMNA at 75%, followed by GM North America (17.8%) and GM Financial Segment (4%).

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