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

General Motors (GM) reported Operating Expenses of $40.7 billion for Q1 2026, little changed on a YoY basis from $40.7 billion in Q1 2025, and down 16.83% quarter-over-quarter from $48.9 billion in Q4 2025.

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

General Motors has reported Operating Expenses for 17 years, with the latest figure 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.
  • The five-year high for Operating Expenses was $48.9 billion in Q4 2025, with the low at $33.6 billion in Q2 2022.
  • Historically, Operating Expenses has averaged $41.6 billion across 5 years, with a median of $41.1 billion in 2023.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 53.17% — and 2026, when it gained 0.07%.
  • General Motors' Operating Expenses 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 slipped 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 1,297.09 Bn 1,252.41 Bn 4.72 Bn 3.78 Bn
2 Toyota Motor 440.56 Bn 289.71 Bn 39.87 Bn 76.70 Bn
3 Ferrari 75.26 Bn 73.46 Bn 1.09 Bn 479.59 Mn
4 General Motors 72.40 Bn 50.02 Bn 4.32 Bn 40.70 Bn
5 Ford Motor 56.05 Bn 25.60 Bn 7.94 Bn 40.92 Bn
6 Rivian Automotive 20.65 Bn 15.84 Bn 119.00 Mn 1.00 Bn
7 China Yuchai International 14.25 Bn 13.19 Bn 317.01 Mn -282.20 Mn
8 VinFast Auto 7.11 Bn 10.11 Bn -15,731.99 Bn -11,212.24 Bn
9 Digital Currency X Technology 4.89 Bn 4.89 Bn - -
10 Xpeng 4.49 Bn 1.59 Bn 388.90 Mn -660.64 Mn

Historic Data

Download Data
DateValue
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