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Fundamentals · EDGAR XBRL · Consumer Discretionary

GM

Latest: Q3 FY26 · Thesis page →
Revenue$50.0B+2.9% YoY
Net income$3.3B+151.3% YoY
Free cash flow$5.0B-0.1% YoY
Gross margin—

Revenue vs Net income

Reported dollars from 10-Q / 10-K filings. Q4 bars are derived (annual less nine months) where the 10-K does not tag Q4 separately.

■ Revenue   ■ Net income
$0$18.0B$36.0B$54.0BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Margin trend

Gross, operating and net margin. Margins are derived from reported dollars.

● Gross margin   ● Operating margin   ● Net margin
-10%-4%3%10%Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Revenue YoY growth

Year-over-year change vs the same quarter (or fiscal year) a year earlier. Shown where the prior-year period is in the 8-quarter snapshot (latest four quarters).

-5%-1%+2%+3%Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement

From 10-Q / 10-K XBRL. Values in reported dollars; EPS in $/share; share counts in shares.

Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Revenue$47.7B$44.0B$47.1B$48.6B$45.3B$43.6B$48.0B$50.0B
YoY————-5.1%-0.9%+1.9%+2.9%
Cost of goods sold————————
YoY————————
Gross profit————————
YoY————————
Research & development————————
YoY————————
Selling, general & administrative————————
YoY————————
Operating income$1.5B$3.4B$2.1B$1.1B$-3.6B$2.9B$1.5B$3.6B
YoY————-339.6%-12.7%-31.4%+234.4%
Pretax income$-2.6B$3.6B$2.4B$1.4B$-4.2B$3.3B$1.6B$3.9B
YoY————-66.2%-6.3%-34.0%+177.9%
Income tax$318.0M$719.0M$481.0M$127.0M$-988.0M$642.0M$214.0M$565.0M
YoY————-410.7%-10.7%-55.5%+344.9%
Net income$-3.0B$2.8B$1.9B$1.3B$-3.3B$2.6B$1.3B$3.3B
YoY————-11.8%-5.6%-31.1%+151.3%
EPS — basic—$3.40$1.94$1.37—$2.87$1.44$3.79
YoY—————-15.6%-25.8%+176.6%
EPS — diluted—$3.35$1.91$1.35—$2.82$1.41$3.73
YoY—————-15.8%-26.2%+176.3%
Weighted shares — basic—988.0M963.0M944.0M—911.0M896.0M872.0M
Weighted shares — diluted—1.00B976.0M964.0M—926.0M910.0M887.0M

Balance sheet

Point-in-time values at each quarter (or fiscal year) end.

Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Cash & equivalents$19.9B$20.6B$22.4B$22.9B$20.9B$19.8B$20.1B$23.2B
YoY————+5.4%-3.7%-10.0%+1.2%
Marketable securities (current)————————
YoY————————
Accounts receivable$12.8B$14.9B$16.7B$17.1B$13.1B$16.4B$16.8B$17.1B
YoY————+1.8%+9.7%+0.3%+0.1%
Inventory$14.6B$15.3B$15.5B$15.3B$14.5B$15.6B$15.9B$15.6B
YoY————-0.7%+2.2%+3.2%+2.1%
Total current assets$108.5B$110.0B$114.3B$114.6B$108.8B$109.1B$110.0B$115.9B
YoY————+0.2%-0.8%-3.7%+1.1%
Total assets$279.8B$282.1B$289.4B$288.2B$281.3B$281.0B$282.7B$289.2B
YoY————+0.5%-0.4%-2.3%+0.4%
Total current liabilities$96.3B$90.7B$93.8B$93.3B$93.3B$94.7B$96.8B$106.3B
YoY————-3.0%+4.4%+3.2%+14.0%
Total liabilities$214.2B$215.7B$220.9B$219.8B$218.1B$216.3B$219.1B$224.7B
YoY————+1.8%+0.3%-0.8%+2.2%
Total equity$63.1B$64.4B$66.4B$66.4B$61.1B$62.7B$62.0B$62.8B
YoY————-3.1%-2.7%-6.6%-5.4%
Shares outstanding995.0M966.0M957.0M933.0M904.0M902.0M877.0M849.0M
YoY————-9.1%-6.6%-8.4%-9.0%

Cash flow

Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.

Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Operating cash flow$4.1B$6.1B$6.9B$7.1B$6.8B$3.0B$6.4B$7.3B
YoY————+64.1%-51.3%-8.0%+3.0%
Capital expenditures$3.2B$1.8B$2.1B$2.1B$3.2B$1.5B$1.9B$2.3B
YoY————-0.4%-16.7%-9.1%+10.1%
Free cash flow$907.0M$4.2B$4.8B$5.0B$3.6B$1.4B$4.4B$5.0B
YoY————+294.2%-66.1%-7.5%-0.1%
Dividends paid$127.0M$175.0M$144.0M$200.0M$138.0M$223.0M$608.0M$215.0M
YoY————+8.7%+27.4%+322.2%+7.5%
Share repurchases$4.7B$2.0B$0$1.5B$2.5B$800.0M$2.0B$2.5B
YoY————-46.6%-60.2%—+66.7%

Margins & ratios

Derived from the reported dollars above — no separate source.

Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Gross margin————————
Operating margin3.2%7.6%4.5%2.2%-8.1%6.7%3.0%7.2%
Net margin-6.2%6.3%4.0%2.7%-7.3%6.0%2.7%6.7%
Free cash flow margin1.9%9.6%10.1%10.2%7.9%3.3%9.2%9.9%
Effective tax rate-12.4%20.1%20.3%8.9%23.3%19.2%13.6%14.3%
Current ratio1.13x1.21x1.22x1.23x1.17x1.15x1.14x1.09x
Total liabilities / equity3.40x3.35x3.33x3.31x3.57x3.45x3.53x3.58x

Peer comparison — latest full year

Same sector (Consumer Discretionary), sorted by revenue. All figures from the same EDGAR XBRL snapshot.

TickerRevenueRevenue YoYGross marginOperating marginNet marginFCF margin
GM FY25 · this stock$185.0B-1.3%—1.6%1.5%9.5%
AMZN FY25$716.9B+12.4%—11.2%10.8%—
F FY24$185.0B+5.0%—2.8%——
HD FY26$164.7B+3.2%33.3%12.7%8.6%—
TSLA FY25$94.8B-2.9%18.0%4.6%4.0%6.6%
LOW FY26$86.3B+3.1%33.5%11.8%7.7%8.9%
NKE FY26$46.4B+0.2%42.9%—6.7%4.7%
SBUX FY25$37.2B+2.8%—7.9%5.0%6.6%
MCD FY25$26.9B+3.7%—46.1%31.9%26.7%
MAR FY25$26.2B+4.3%—15.8%9.9%—
ROST FY26$22.8B+7.7%——9.4%9.7%

Source: SEC EDGAR XBRL company facts (10-Q / 10-K), snapshot generated 2026-11-03 for 218 tickers. Q4 values are derived as the 10-K annual less the first nine months, since Q4 is not separately tagged in company facts; cash-flow quarterly values are derived from year-to-date filings the same way. Free cash flow = operating cash flow − capital expenditures. Blank cells mean the filing does not report that line item under a standard US-GAAP tag — nothing is estimated or filled in. Descriptive research, not investment advice. How EarnIQ builds fundamentals.