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% YoY from $45.0 billion in Q2 2025, and up 14.42% on a QoQ basis from $40.7 billion in Q1 2026.
General Motors (GM) Operating Expenses (2010 - 2026) Analysis & Trends
General Motors (GM) has 17 years of Operating Expenses data on file, last reported at $46.6 billion in Q2 2026.
- Quarterly Operating Expenses rose 3.49% year-over-year to $46.6 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $183.7 billion (up 3.82% YoY) and the FY2025 annual result came in at $182.1 billion, up 4.27% from the prior year.
- Operating Expenses climbed to $46.6 billion in Q2 2026, from $40.7 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $48.9 billion in Q4 2025 to a low of $33.6 billion in Q2 2022.
- A 5-year average of $41.8 billion and a median of $41.5 billion in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 53.17% — and 2026, when it gained 0.07%.
- Tracing GM's Operating Expenses over 5 years: stood at $40.5 billion in 2022, then rose by 3.86% to $42.1 billion in 2023, then increased by 9.79% to $46.2 billion in 2024, then advanced by 5.96% to $48.9 billion in 2025, then declined by 4.84% to $46.6 billion in 2026.
- The last three Operating Expenses figures came in at $46.6 billion (Q2 2026), $40.7 billion (Q1 2026), and $48.9 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,042.09 Bn | 998.56 Bn | 4.75 Bn | 4.35 Bn |
| 2 | Toyota Motor | 242.42 Bn | 108.20 Bn | 12.27 Bn | 78.18 Bn |
| 3 | Honda Motor | 122.32 Bn | 88.11 Bn | -34.06 Bn | 239.73 Bn |
| 4 | Ford Motor | 81.57 Bn | 50.24 Bn | 6.08 Bn | 47.66 Bn |
| 5 | General Motors | 80.05 Bn | 55.33 Bn | 7.33 Bn | 46.57 Bn |
| 6 | Li Auto | 26.01 Bn | 12.56 Bn | 262.11 Mn | -696.85 Mn |
| 7 | Xpeng | 22.52 Bn | 19.98 Bn | 388.90 Mn | -660.64 Mn |
| 8 | Rivian Automotive | 20.71 Bn | 15.40 Bn | 179.00 Mn | 1.02 Bn |
| 9 | Stellantis | 16.33 Bn | -25.12 Bn | 5.55 Bn | 4.85 Bn |
| 10 | Nio | 11.59 Bn | 7.00 Bn | 704.43 Mn | -749.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |