GM(US:GM) Prnewswire·2026-01-27 11:30Core Insights - General Motors reported a full-year 2025 net income attributable to stockholders of $2.7 billion, with an EBIT-adjusted of $12.7 billion. However, the fourth-quarter 2025 net income was a loss of $3.3 billion, with an EBIT-adjusted of $2.8 billion [1][2]. Financial Performance - The fourth-quarter net income was impacted by over $7.2 billion in special charges related to the realignment of electric vehicle capacity and adjustments to consumer demand for EVs, as well as changes in U.S. government policies [2]. - For 2025, GM's revenue was $185.0 billion, a decrease of 1.3% from $187.4 billion in 2024. The net income attributable to stockholders fell by 55.1% from $6.0 billion in 2024 to $2.7 billion in 2025 [11][21]. - The EBIT-adjusted for 2025 was $12.7 billion, down 14.6% from $14.9 billion in 2024 [11][21]. 2026 Guidance - GM anticipates a strong financial performance in 2026, with guidance for net income attributable to stockholders between $10.3 billion and $11.7 billion, and EBIT-adjusted between $13.0 billion and $15.0 billion [4][11]. - The company expects automotive operating cash flow for 2026 to be between $19.0 billion and $23.0 billion, with adjusted automotive free cash flow projected between $9.0 billion and $11.0 billion [4][11]. Shareholder Returns - GM's Board of Directors approved a quarterly dividend increase of $0.03 per share to $0.18 per share, payable on March 19, 2026 [5]. - A new share repurchase authorization of $6.0 billion was also announced, reflecting the company's commitment to returning capital to shareholders [6][7]. Operational Highlights - As of December 31, 2025, GM had 904 million shares outstanding, a reduction from 995 million at the end of 2024 [8]. - The company reported a significant increase in adjusted automotive free cash flow of 51.2% in the fourth quarter of 2025 compared to the same period in 2024 [9].