General Motors (GM) Operating Expenses (2010 - 2026)
General Motors posted quarterly Operating Expenses of $40.7 billion for Q1 2026, little changed year-on-year from $40.7 billion in Q1 2025, and down 16.83% on a QoQ basis from $48.9 billion in Q4 2025.
General Motors (GM) has 17 years of Operating Expenses data on file, last reported at $40.7 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses changed 0.07% year-over-year to $40.7 billion; the trailing twelve-month figure through Mar 2026 stood at $182.1 billion (up 3.46% YoY), and the FY2025 full-year result was $182.1 billion, up 4.27% from the prior year.
- Operating Expenses for Q1 2026 stood at $40.7 billion, down from $48.9 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.
- The 5-year median for Operating Expenses is $41.1 billion (2023), against an average of $41.6 billion.
- The widest annual swing landed in 2022, when Operating Expenses jumped 53.17%; it then gained 0.07% in 2026.
- A 5-year view of Operating Expenses shows it stood at $40.5 billion in 2022, then gained by 3.86% to $42.1 billion in 2023, then rose by 9.79% to $46.2 billion in 2024, then climbed by 5.96% to $48.9 billion in 2025, then dropped by 16.83% to $40.7 billion in 2026.
- The last three Operating Expenses figures came in at $40.7 billion (Q1 2026), $48.9 billion (Q4 2025), and $47.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,345.47 Bn | 1,300.79 Bn | 4.72 Bn | 3.78 Bn |
| 2 | General Motors | 75.49 Bn | 53.10 Bn | 4.32 Bn | 40.70 Bn |
| 3 | Ferrari | 72.44 Bn | 70.64 Bn | - | - |
| 4 | Ford Motor | 66.63 Bn | 36.17 Bn | 7.94 Bn | 40.92 Bn |
| 5 | Stellantis | 29.57 Bn | -7.31 Bn | 5.19 Bn | 1.80 Bn |
| 6 | Rivian Automotive | 21.06 Bn | 16.25 Bn | 119.00 Mn | 1.00 Bn |
| 7 | China Yuchai International | 16.90 Bn | 15.88 Bn | 317.01 Mn | -282.20 Mn |
| 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 | -796.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 31.29 Bn |
| Mar 31, 2021 | 29.20 Bn |
| Dec 31, 2020 | 34.75 Bn |
| Sep 30, 2020 | 31.06 Bn |
| Jun 30, 2020 | 17.99 Bn |
| Mar 31, 2020 | 32.05 Bn |
| Dec 31, 2019 | 31.38 Bn |
| Sep 30, 2019 | 33.17 Bn |
| Jun 30, 2019 | 33.57 Bn |
| Mar 31, 2019 | 33.63 Bn |
| Dec 31, 2018 | 37.57 Bn |
| Sep 30, 2018 | 34.18 Bn |
| Jun 30, 2018 | 35.28 Bn |
| Mar 31, 2018 | 35.57 Bn |
| Dec 31, 2017 | 35.51 Bn |
| Sep 30, 2017 | 32.05 Bn |
| Jun 30, 2017 | 34.69 Bn |
| Mar 31, 2017 | 34.68 Bn |
| Dec 31, 2016 | 39.42 Bn |
| Sep 30, 2016 | 35.74 Bn |
| Jun 30, 2016 | 34.41 Bn |
| Mar 31, 2016 | 35.29 Bn |
| Dec 31, 2015 | 20.49 Bn |
| Sep 30, 2015 | 37.85 Bn |
| Jun 30, 2015 | 36.89 Bn |
| Mar 31, 2015 | 34.96 Bn |
| Dec 31, 2014 | 38.31 Bn |
| Sep 30, 2014 | 38.03 Bn |
| Jun 30, 2014 | 40.12 Bn |
| Mar 31, 2014 | 37.94 Bn |
| Dec 31, 2013 | 745.00 Mn |
| Sep 30, 2013 | 36.73 Bn |
| Jun 30, 2013 | 37.32 Bn |
| Mar 31, 2013 | 35.93 Bn |
| Dec 31, 2012 | 74.09 Bn |
| Sep 30, 2012 | 35.97 Bn |
| Jun 30, 2012 | 35.79 Bn |
| Mar 31, 2012 | 36.76 Bn |
| Dec 31, 2011 | 37.54 Bn |
| Sep 30, 2011 | 34.91 Bn |
| Jun 30, 2011 | 36.92 Bn |
| Mar 31, 2011 | 35.25 Bn |
| Dec 31, 2010 | 36.60 Bn |
| Sep 30, 2010 | 32.33 Bn |
| Jun 30, 2010 | 31.27 Bn |