General Motors (GM) Operating Expenses (2010 - 2026)
General Motors (GM) posted Operating Expenses of $40.7 billion for Q1 2026, down 16.83% quarter-over-quarter from $48.9 billion in Q4 2025, and little changed year-on-year from $40.7 billion in Q1 2025.
General Motors (GM) Operating Expenses (2010 - 2026) Analysis & Trends
General Motors (GM) has reported Operating Expenses for 17 consecutive years, with $40.7 billion the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $40.7 billion, changed 0.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $182.1 billion (up 3.46% YoY), and the FY2025 annual result was $182.1 billion, up 4.27% from the prior year.
- Operating Expenses was $40.7 billion for Q1 2026 at General Motors, down from $48.9 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $48.9 billion in Q4 2025 and troughed at $33.6 billion in Q2 2022.
- Average Operating Expenses over 5 years is $41.6 billion, with a median of $41.1 billion recorded in 2023.
- Year-over-year, Operating Expenses soared 53.17% in 2022 and climbed 0.07% in 2026.
- Over 5 years, Operating Expenses stood at $40.5 billion in 2022, then climbed by 3.86% to $42.1 billion in 2023, then advanced by 9.79% to $46.2 billion in 2024, then increased by 5.96% to $48.9 billion in 2025, then fell by 16.83% to $40.7 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $40.7 billion in Q1 2026, $48.9 billion in Q4 2025, and $47.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 3.78 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 40.92 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 40.70 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -660.64 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 1.00 Bn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -696.85 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -749.20 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -3,574.44 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 1.27 Bn |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn | -282.20 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 |