General Motors (GM) Gross Margin (2010 - 2026)
General Motors posted quarterly Gross Margin of 10.98% for Q1 2026, down 73.0% year-on-year from 40.67% in Q1 2025, and up 360.61% on a QoQ basis from 4.21% in Q4 2025.
General Motors (GM) has 17 years of Gross Margin data on file, last reported at 10.98% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 73.0% year-over-year to 10.98%; the trailing twelve-month figure through Mar 2026 stood at 7.42% (down 807.0% YoY), and the FY2025 full-year result was 5.26%, down 671.0% from the prior year.
- Gross Margin for Q1 2026 stood at 10.98%, up from 4.21% in the prior quarter.
- Across five years, Gross Margin topped out at 20.97% in Q1 2024 and bottomed at 4.21% in Q4 2025.
- The 5-year median for Gross Margin is 16.62% (2025), against an average of 14.25%.
- The widest annual swing landed in 2022, when Gross Margin sank 1740 bps; it then jumped 850 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 19.79% in 2022, then fell by 25 bps to 14.82% in 2023, then sank by 36 bps to 9.52% in 2024, then slumped by 144 bps to 4.21% in 2025, then surged by 361 bps to 10.98% in 2026.
- The last three Gross Margin figures came in at 10.98% (Q1 2026), 4.21% (Q4 2025), and 5.24% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,345.47 Bn | 1,300.79 Bn | 4.72 Bn | 21.08% |
| 2 | General Motors | 75.49 Bn | 53.10 Bn | 4.32 Bn | 10.98% |
| 3 | Ferrari | 72.44 Bn | 70.64 Bn | - | - |
| 4 | Ford Motor | 66.63 Bn | 36.17 Bn | 7.94 Bn | 18.36% |
| 5 | Stellantis | 29.57 Bn | -7.31 Bn | 5.19 Bn | 11.61% |
| 6 | Rivian Automotive | 21.06 Bn | 16.25 Bn | 119.00 Mn | 8.62% |
| 7 | China Yuchai International | 16.90 Bn | 15.88 Bn | 317.01 Mn | 18.91% |
| 8 | VinFast Auto | 8.12 Bn | 11.12 Bn | - | - |
| 9 | Xpeng | 4.61 Bn | 1.71 Bn | - | - |
| 10 | Li Auto | 4.13 Bn | -4.66 Bn | 733.67 Mn | 17.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.98% |
| Dec 31, 2025 | -4.21% |
| Sep 30, 2025 | 5.24% |
| Jun 30, 2025 | 16.62% |
| Mar 31, 2025 | 11.72% |
| Dec 31, 2024 | 9.52% |
| Sep 30, 2024 | 20.00% |
| Jun 30, 2024 | 19.50% |
| Mar 31, 2024 | 20.97% |
| Dec 31, 2023 | 14.82% |
| Sep 30, 2023 | 11.50% |
| Jun 30, 2023 | 18.13% |
| Mar 31, 2023 | 19.35% |
| Dec 31, 2022 | 19.79% |
| Sep 30, 2022 | 19.55% |
| Jun 30, 2022 | 10.28% |
| Mar 31, 2022 | 18.42% |
| Dec 31, 2021 | 37.19% |
| Sep 30, 2021 | 11.76% |
| Jun 30, 2021 | 11.31% |
| Mar 31, 2021 | 22.66% |
| Dec 31, 2020 | 19.51% |
| Sep 30, 2020 | 23.42% |
| Jun 30, 2020 | 19.87% |
| Mar 31, 2020 | 8.32% |
| Dec 31, 2019 | 15.91% |
| Sep 30, 2019 | 11.45% |
| Jun 30, 2019 | 21.44% |
| Mar 31, 2019 | 19.06% |
| Dec 31, 2018 | 17.01% |
| Sep 30, 2018 | 20.28% |
| Jun 30, 2018 | 18.20% |
| Mar 31, 2018 | 16.39% |
| Dec 31, 2017 | 20.24% |
| Sep 30, 2017 | 20.14% |
| Jun 30, 2017 | 92.77% |
| Mar 31, 2017 | 93.11% |
| Dec 31, 2016 | -190.37% |
| Sep 30, 2016 | 94.34% |
| Jun 30, 2016 | 94.75% |
| Mar 31, 2016 | 94.29% |
| Dec 31, 2015 | 55.41% |
| Sep 30, 2015 | 17.47% |
| Jun 30, 2015 | 96.55% |
| Mar 31, 2015 | 14.11% |
| Dec 31, 2014 | -241.34% |
| Sep 30, 2014 | 97.32% |
| Jun 30, 2014 | 97.66% |
| Mar 31, 2014 | 97.66% |
| Dec 31, 2013 | 12.76% |
| Sep 30, 2013 | 98.40% |
| Jun 30, 2013 | 13.44% |
| Mar 31, 2013 | 11.57% |
| Dec 31, 2012 | 347.07% |
| Sep 30, 2012 | 99.17% |
| Jun 30, 2012 | 13.12% |
| Mar 31, 2012 | 12.84% |
| Dec 31, 2011 | 353.82% |
| Sep 30, 2011 | 13.58% |
| Jun 30, 2011 | 14.17% |
| Mar 31, 2011 | 12.46% |
| Dec 31, 2010 | 10.48% |
| Sep 30, 2010 | 13.13% |
| Jun 30, 2010 | 13.76% |