General Motors (GM) Gross Margin (2010 - 2026)
General Motors' (GM) quarterly Gross Margin came in at 15.26% in Q2 2026, down 136.0% on a YoY basis from 42.4% in Q2 2025, and down 22.54% quarter-over-quarter from 19.7% in Q1 2026.
Analysis
General Motors (GM) Gross Margin (2010 - 2026) Analysis & Trends
General Motors (GM) has reported Gross Margin for 17 consecutive years, with 15.26% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 136.0% year-over-year to 15.26%; the trailing twelve-month figure through Jun 2026 stood at 13.56% (down 492.0% YoY), and the FY2025 full-year result was 13.99%, down 541.0% from the prior year.
- Gross Margin retreated to 15.26% in Q2 2026 per GM's latest filing, from 19.7% in the prior quarter.
- Across five years, Gross Margin topped out at 20.97% in Q1 2024 and bottomed at 5.69% in Q4 2025.
- Historically, Gross Margin has averaged 17.55% across 5 years, with a median of 18.6% in 2022.
- The sharpest annual moves came in 2024 and 2025: Gross Margin soared 248 bps in 2024, then sank 1162 bps in 2025.
- Over 5 years, Gross Margin stood at 19.79% in 2022, then retreated by 25 bps to 14.82% in 2023, then increased by 17 bps to 17.31% in 2024, then tumbled by 67 bps to 5.69% in 2025, then soared by 168 bps to 15.26% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 15.26%, 19.7%, and 5.69% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,159.10 Bn | 1,115.58 Bn | 4.75 Bn | 16.83% |
| 2 | Toyota Motor | 254.03 Bn | 176.04 Bn | 12.27 Bn | 16.11% |
| 3 | Honda Motor | 128.49 Bn | 88.36 Bn | 8.46 Bn | 22.24% |
| 4 | General Motors | 75.41 Bn | 50.69 Bn | 7.33 Bn | 15.26% |
| 5 | Ford Motor | 53.33 Bn | 21.99 Bn | 6.08 Bn | 12.59% |
| 6 | Rivian Automotive | 20.17 Bn | 14.86 Bn | 179.00 Mn | 10.80% |
| 7 | Li Auto | 12.13 Bn | -444.38 Mn | 417.98 Mn | 11.05% |
| 8 | Xpeng | 9.84 Bn | 7.52 Bn | 601.83 Mn | 20.68% |
| 9 | Nio | 8.17 Bn | 1.84 Bn | 870.51 Mn | 18.38% |
| 10 | VinFast Auto | 7.27 Bn | 7.27 Bn | -677,431.76 Bn | -73.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.26% |
| Mar 31, 2026 | 19.70% |
| Dec 31, 2025 | 5.69% |
| Sep 30, 2025 | 13.70% |
| Jun 30, 2025 | 16.62% |
| Mar 31, 2025 | 20.06% |
| Dec 31, 2024 | 17.31% |
| Sep 30, 2024 | 20.00% |
| Jun 30, 2024 | 19.50% |
| Mar 31, 2024 | 20.97% |
| Dec 31, 2023 | 14.82% |
| Sep 30, 2023 | 18.78% |
| Jun 30, 2023 | 18.13% |
| Mar 31, 2023 | 19.35% |
| Dec 31, 2022 | 19.79% |
| Sep 30, 2022 | 19.55% |
| Jun 30, 2022 | 18.17% |
| Mar 31, 2022 | 18.42% |
| Dec 31, 2021 | 18.14% |
| Sep 30, 2021 | 22.81% |