General Motors Reports $44.02 Billion in Revenue for Q1 2025

General Motors Company (GM) reported its financial results for the first quarter of 2025, revealing total net sales and revenue of $44.02 billion, a 2.3% increase from $43.01 billion in the same period last year. The automotive segment generated $39.86 billion in revenue, up from $39.21 billion, while GM Financial contributed $4.16 billion, compared to $3.81 billion in the prior year. The company’s net income attributable to stockholders was $2.78 billion, or $3.40 per share, down from $2.98 billion, or $2.57 per share, in the first quarter of 2024.

The results reflect a mixed performance compared to the previous fiscal period. While total revenue increased, net income saw a slight decline, attributed to higher costs in manufacturing, materials, and warranty-related expenses. Operating income decreased to $3.35 billion from $3.74 billion year-over-year, influenced by increased automotive costs of $35.19 billion, up from $33.99 billion. The company also reported a decrease in selling, general, and administrative expenses, which fell to $1.99 billion from $2.18 billion.

Strategically, GM has made significant changes, including the acquisition of noncontrolling interests in Cruise, which was completed in February 2025. This acquisition is part of GM's shift to refocus its autonomous vehicle strategy on personal vehicles rather than robotaxi services. The company has also combined its technical efforts with Cruise to enhance the development of advanced driver-assistance systems (ADAS). GM's vehicle sales in the U.S. reached 0.7 million units, increasing its market share to 17.2%, up from 15.4% in the previous year.

Operationally, GM reported a total of 961.43 million shares of common stock outstanding as of April 15, 2025. The company’s cash and cash equivalents increased to $20.57 billion from $19.87 billion at the end of 2024. GM Financial's penetration of retail sales in the U.S. was 36%, down from 40% in the previous year, while the prime loan originations as a percentage of total loan originations increased to 81%. The company continues to monitor market conditions, including pricing pressures and regulatory changes, which could impact future performance.

Looking ahead, GM expects net income attributable to stockholders for the full year 2025 to be between $8.2 billion and $10.1 billion, with diluted earnings per share projected between $8.82 and $10.57. The company remains focused on maintaining a strong investment-grade balance sheet while investing in electric vehicles and other strategic initiatives to enhance profitability and market position.