We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
General Motors Q2 Earnings Top Estimates, Revenues Decline Y/Y
Read MoreHide Full Article
Key Takeaways
GM posted Q2 adjusted EPS of $2.53, beating estimates but down from $3.06 a year ago.
Revenues of $47.12B topped forecasts, driven by GMNA, GMI, and GM Financial outperformance.
GMNA and GM Financial profits fell Y/Y, while GMI earnings rose sharply on stronger-than-expected deliveries.
General Motors (GM - Free Report) reported second-quarter 2025 adjusted earnings of $2.53 per share, which surpassed the Zacks Consensus Estimate of $2.39. Higher-than-expected revenues from GM North America (GMNA), GM International’s (GMI) and GM Financial segments led to the outperformance. The bottom line, however, decreased from the year-ago quarter’s $3.06. Revenues of $47.12 billion beat the Zacks Consensus Estimate of $46.25 billion but fell from $47.97 billion recorded in the year-ago period.
The U.S. auto giant recorded adjusted earnings before interest and taxes (EBIT) of $3.03 billion, lower than $4.43 billion in the prior-year quarter. The automaker’s share in the GM market was 8.4% in the reported quarter, up from 8.3% in the year-ago quarter.
General Motors Company Price, Consensus and EPS Surprise
GMNA generated net revenues of $39.49 billion, down from $40.72 billion recorded in the corresponding period of 2024. The figure, however, outpaced our model’s projection of $37.86 billion on higher-than-expected deliveries. Wholesale vehicle sales in the GMNA unit totaled 849,000 units, down from 903,000 units reported in the year-ago quarter. The figure, however, surpassed our estimate of 832,000 units. The segment’s adjusted EBIT totaled $2.41 billion, down from $4.43 billion recorded in the year-earlier period. The metric also missed our estimate of $3.65 billion.
GMI net revenues in the reported quarter amounted to $3.33 billion, up from the year-ago quarter’s $3.29 billion. The metric also outpaced our expectation of $2.48 billion on higher-than-expected deliveries. The segment’s wholesale vehicle sales of 125,000 units decreased from 140,000 units in the year-ago quarter but topped our forecast of 91,000 units. GMI reported an operating profit of $204 million, up from $50 million reported in the year-ago period and outpaced our estimate of $57.7 million.
GM Financial generated net revenues of $4.26 billion in the quarter, which increased from $3.92 billion recorded in the year-ago period and surpassed our prediction of $4.18 billion. The segment recorded an EBT-adjusted operating profit of $704 million, down from $822 million recorded in the year-ago period. The metric missed our prediction of $1.09 billion.
Financial Position
General Motors had cash and cash equivalents of $22.38 billion as of June 30, 2025. The long-term automotive debt at the end of the quarter was $15.48 billion. Net automotive cash provided by operating activities amounted to $4.65 billion during the quarter under review. The company recorded an adjusted automotive free cash flow of $2.83 billion in the second quarter of 2025, down from $5.3 billion generated in the year-ago quarter.
The Zacks Consensus Estimate for GELYY’s fiscal 2025 sales implies year-over-year growth of 94.14%. EPS estimates for 2025 and 2026 have improved 43 cents and 68 cents, respectively, in the past 30 days.
The Zacks Consensus Estimate for ADNT’s fiscal 2025 earnings implies year-over-year growth of 1.63%. EPS estimates for fiscal 2025 and 2026 have improved 5 cents and 15 cents, respectively, in the past seven days.
The Zacks Consensus Estimate for RACE’s 2025 sales and earnings implies year-over-year growth of 13.56% and 12.12%, respectively. EPS estimates for 2025 and 2026 have improved 5 cents each in the past seven days.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
General Motors Q2 Earnings Top Estimates, Revenues Decline Y/Y
Key Takeaways
General Motors (GM - Free Report) reported second-quarter 2025 adjusted earnings of $2.53 per share, which surpassed the Zacks Consensus Estimate of $2.39. Higher-than-expected revenues from GM North America (GMNA), GM International’s (GMI) and GM Financial segments led to the outperformance. The bottom line, however, decreased from the year-ago quarter’s $3.06. Revenues of $47.12 billion beat the Zacks Consensus Estimate of $46.25 billion but fell from $47.97 billion recorded in the year-ago period.
The U.S. auto giant recorded adjusted earnings before interest and taxes (EBIT) of $3.03 billion, lower than $4.43 billion in the prior-year quarter. The automaker’s share in the GM market was 8.4% in the reported quarter, up from 8.3% in the year-ago quarter.
General Motors Company Price, Consensus and EPS Surprise
General Motors Company price-consensus-eps-surprise-chart | General Motors Company Quote
Segmental Performance
GMNA generated net revenues of $39.49 billion, down from $40.72 billion recorded in the corresponding period of 2024. The figure, however, outpaced our model’s projection of $37.86 billion on higher-than-expected deliveries. Wholesale vehicle sales in the GMNA unit totaled 849,000 units, down from 903,000 units reported in the year-ago quarter. The figure, however, surpassed our estimate of 832,000 units. The segment’s adjusted EBIT totaled $2.41 billion, down from $4.43 billion recorded in the year-earlier period. The metric also missed our estimate of $3.65 billion.
GMI net revenues in the reported quarter amounted to $3.33 billion, up from the year-ago quarter’s $3.29 billion. The metric also outpaced our expectation of $2.48 billion on higher-than-expected deliveries. The segment’s wholesale vehicle sales of 125,000 units decreased from 140,000 units in the year-ago quarter but topped our forecast of 91,000 units. GMI reported an operating profit of $204 million, up from $50 million reported in the year-ago period and outpaced our estimate of $57.7 million.
GM Financial generated net revenues of $4.26 billion in the quarter, which increased from $3.92 billion recorded in the year-ago period and surpassed our prediction of $4.18 billion. The segment recorded an EBT-adjusted operating profit of $704 million, down from $822 million recorded in the year-ago period. The metric missed our prediction of $1.09 billion.
Financial Position
General Motors had cash and cash equivalents of $22.38 billion as of June 30, 2025. The long-term automotive debt at the end of the quarter was $15.48 billion. Net automotive cash provided by operating activities amounted to $4.65 billion during the quarter under review. The company recorded an adjusted automotive free cash flow of $2.83 billion in the second quarter of 2025, down from $5.3 billion generated in the year-ago quarter.
General Motors’ Zacks Rank & Key Picks
GM carries a Zacks Rank #3 (Hold) at present.
Some better-ranked stocks in the auto space are Geely Automobile Holdings Limited (GELYY - Free Report) , Adient plc (ADNT - Free Report) and Ferrari N.V. (RACE - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for GELYY’s fiscal 2025 sales implies year-over-year growth of 94.14%. EPS estimates for 2025 and 2026 have improved 43 cents and 68 cents, respectively, in the past 30 days.
The Zacks Consensus Estimate for ADNT’s fiscal 2025 earnings implies year-over-year growth of 1.63%. EPS estimates for fiscal 2025 and 2026 have improved 5 cents and 15 cents, respectively, in the past seven days.
The Zacks Consensus Estimate for RACE’s 2025 sales and earnings implies year-over-year growth of 13.56% and 12.12%, respectively. EPS estimates for 2025 and 2026 have improved 5 cents each in the past seven days.