General Motors GM
NYSE GM
$84.28 -1.09 (-1.28%)
As of: Sep 16, 2026 · 3:59 PM EDT

General Motors (GM) Operating Expenses (2010 - 2026)

General Motors' (GM) quarterly Operating Expenses came in at $46.6 billion in Q2 2026, up 3.49% on a YoY basis from $45.0 billion in Q2 2025, and up 14.42% quarter-over-quarter from $40.7 billion in Q1 2026.

Analysis

General Motors (GM) Operating Expenses (2010 - 2026) Analysis & Trends

General Motors (GM) has reported Operating Expenses for 17 consecutive years, with $46.6 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 3.49% year-over-year to $46.6 billion; the trailing twelve-month figure through Jun 2026 stood at $183.7 billion (up 3.82% YoY), and the FY2025 full-year result was $182.1 billion, up 4.27% from the prior year.
  • Operating Expenses grew to $46.6 billion in Q2 2026 per GM's latest filing, from $40.7 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $48.9 billion in Q4 2025 and bottomed at $33.6 billion in Q2 2022.
  • Historically, Operating Expenses has averaged $41.8 billion across 5 years, with a median of $41.5 billion in 2023.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses surged 53.17% in 2022, then advanced 0.07% in 2026.
  • Over 5 years, Operating Expenses stood at $40.5 billion in 2022, then advanced by 3.86% to $42.1 billion in 2023, then gained by 9.79% to $46.2 billion in 2024, then grew by 5.96% to $48.9 billion in 2025, then retreated by 4.84% to $46.6 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $46.6 billion, $40.7 billion, and $48.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tesla 1,159.10 Bn 1,115.58 Bn 4.75 Bn 4.35 Bn
2 Toyota Motor 254.03 Bn 176.04 Bn 12.27 Bn 78.18 Bn
3 Honda Motor 128.49 Bn 88.36 Bn 8.46 Bn -34.70 Bn
4 General Motors 75.41 Bn 50.69 Bn 7.33 Bn 46.57 Bn
5 Ford Motor 53.33 Bn 21.99 Bn 6.08 Bn 47.66 Bn
6 Rivian Automotive 20.17 Bn 14.86 Bn 179.00 Mn 1.02 Bn
7 Li Auto 12.13 Bn -444.38 Mn 417.98 Mn -757.09 Mn
8 Xpeng 9.84 Bn 7.52 Bn 601.83 Mn -770.22 Mn
9 Nio 8.17 Bn 1.84 Bn 870.51 Mn -921.68 Mn
10 VinFast Auto 7.27 Bn 7.27 Bn -677,431.76 Bn -142,396.46 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 46.57 Bn
Mar 31, 2026 40.70 Bn
Dec 31, 2025 48.93 Bn
Sep 30, 2025 47.52 Bn
Jun 30, 2025 45.00 Bn
Mar 31, 2025 40.67 Bn
Dec 31, 2024 46.18 Bn
Sep 30, 2024 45.11 Bn
Jun 30, 2024 44.10 Bn
Mar 31, 2024 39.28 Bn
Dec 31, 2023 42.06 Bn
Sep 30, 2023 41.12 Bn
Jun 30, 2023 41.96 Bn
Mar 31, 2023 37.41 Bn
Dec 31, 2022 40.50 Bn
Sep 30, 2022 38.50 Bn
Jun 30, 2022 33.64 Bn
Mar 31, 2022 33.78 Bn
Dec 31, 2021 32.06 Bn
Sep 30, 2021 25.13 Bn