General Motors' Net Income Falls 35.4% in Q2 2025

General Motors (NYSE: GM) reported its Q2 2025 financial results, with revenue reaching $47.1 billion. This marks a 1.8% decrease from the $47.969 billion reported in Q2 2024. Net income attributable to stockholders for the quarter stood at $1.9 billion, representing a significant 35.4% decline compared to $2.933 billion in the prior-year period. The diluted EPS was $1.91, missing analyst estimates of $2.45.

Key Performance Drivers

GM's financial performance was influenced by several factors, including a decrease in revenue and net income. EBIT-adjusted declined by 31.6% to $3.037 billion, down from $4.438 billion in Q2 2024. The net income margin decreased by 2.1 percentage points to 4.0%, while the EBIT-adjusted margin fell by 2.9 percentage points to 6.4%.

Automotive operating cash flow saw a substantial decrease of 39.7%, coming in at $4.653 billion compared to $7.713 billion in the same period last year. Adjusted automotive free cash flow also experienced a significant reduction of 46.6%, from $5.297 billion to $2.827 billion. GM North America (GMNA) EBIT-adjusted decreased by 45.5% to $2.415 billion, and its margin fell by 4.8 percentage points to 6.1%.

Management Outlook

Despite the quarterly results, GM's full-year financial guidance remains unchanged. Management continues to focus on its strategic objectives, emphasizing the importance of advanced technology in building safer, smarter, and lower-emission vehicles. The company is committed to its Buick, Cadillac, Chevrolet, and GMC brands, offering a broad portfolio of gasoline-powered vehicles and expanding its range of EVs as it transitions towards an all-electric future.