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| 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 |