Workflow
GM releases 2025 second-quarter results
GMGM(US:GM) Prnewswireยท2025-07-22 10:30

Core Insights - General Motors reported second-quarter 2025 revenue of $47.1 billion, a decrease of 1.8% from $47.97 billion in the same quarter of 2024 [1][2] - Net income attributable to stockholders was $1.9 billion, down 35.4% from $2.93 billion year-over-year [1][2] - EBIT-adjusted for the quarter was $3.0 billion, reflecting a 31.6% decline from $4.44 billion in Q2 2024 [1][2] Financial Performance - Revenue for the first half of 2025 was $91.14 billion, slightly up by 0.2% from $90.98 billion in the first half of 2024 [3] - Net income for the first six months of 2025 was $4.68 billion, down 20.9% from $5.91 billion in the same period last year [3] - EBIT-adjusted for the first half of 2025 was $6.53 billion, a decrease of 21.5% from $8.31 billion in the first half of 2024 [3] Margins and Cash Flow - The net income margin for Q2 2025 was 4.0%, down from 6.1% in Q2 2024, representing a 34.4% decline [2] - EBIT-adjusted margin for Q2 2025 was 6.4%, down from 9.3% in the same quarter of the previous year, a 31.2% decrease [2] - Automotive operating cash flow for Q2 2025 was $4.65 billion, down 39.7% from $7.71 billion in Q2 2024 [2] - Adjusted automotive free cash flow for Q2 2025 was $2.83 billion, a significant drop of 46.6% from $5.30 billion year-over-year [2] Earnings Per Share - Diluted earnings per share (EPS) for Q2 2025 was $1.91, down 25.1% from $2.55 in Q2 2024 [2] - Adjusted diluted EPS for Q2 2025 was $2.53, a decrease of 17.3% from $3.06 in the same quarter of the previous year [2] Segment Performance - GM North America (GMNA) EBIT-adjusted for Q2 2025 was $2.42 billion, down 45.5% from $4.43 billion in Q2 2024 [2] - GM International (GMI) EBIT-adjusted for Q2 2025 was $204 million, a significant increase from $50 million in Q2 2024 [2] - China equity income for Q2 2025 was $71 million, a turnaround from a loss of $104 million in the same quarter of the previous year [2]