General Motors (GM) Tax Provisions (2010 - 2026)
General Motors (GM) posted Tax Provisions of $214 million for Q2 2026, down 55.5% from $481 million a year earlier and down 66.7% from the prior quarter.
General Motors (GM) Tax Provisions (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Provisions at General Motors was -$5 million; for FY2025, it came in at $338 million, down 86.8% from FY2024.
- Annual Tax Provisions shows a five-year compound annual growth rate of -28.2% (FY2020 to FY2025).
- In prior years, General Motors' Tax Provisions was $2.56 billion in FY2024 (+354.0%), $563 million in FY2023 (-70.2%), $1.89 billion in FY2022 (-31.9%) and $2.77 billion in FY2021 (+56.2%).
- Quarterly Tax Provisions has run from a low of -$988 million in Q4 2025 to a high of $845 million in Q3 2022 over five years.
- On a year-over-year basis, Tax Provisions increased in 1 of the last six quarters, with an average decline of 23.4%.
- The strongest year-over-year quarter for Tax Provisions in the past five years was Q3 2022, with growth of 455.9%; the weakest was Q3 2021, with a decline of 82.9%.
- According to Business Quant data, Tax Provisions for the three prior quarters was $642 million (Q1 2026), -$988 million (Q4 2025) and $127 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,223.67 Bn | 1,049.69 Bn | 4.75 Bn | 201.00 Mn |
| 2 | Toyota Motor | 243.73 Bn | -163.01 Bn | 20.95 Bn | 2.59 Bn |
| 3 | Honda Motor | 126.52 Bn | -7.78 Bn | 8.46 Bn | -823.19 Mn |
| 4 | General Motors | 72.50 Bn | -34.01 Bn | 7.33 Bn | 214.00 Mn |
| 5 | Ferrari | 68.83 Bn | 61.27 Bn | 1.18 Bn | 160.68 Mn |
| 6 | Ford Motor | 48.36 Bn | -94.13 Bn | 6.08 Bn | -711.00 Mn |
| 7 | Rivian Automotive | 18.97 Bn | -4.34 Bn | 179.00 Mn | -1.00 Mn |
| 8 | Magna International | 18.29 Bn | 15.51 Bn | 1.61 Bn | 120.00 Mn |
| 9 | Stellantis | 13.35 Bn | -153.18 Bn | 5.55 Bn | 240.61 Mn |
| 10 | Li Auto | 11.09 Bn | -42.99 Bn | 417.98 Mn | 35.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 214.00 Mn |
| Mar 31, 2026 | 642.00 Mn |
| Dec 31, 2025 | -988.00 Mn |
| Sep 30, 2025 | 127.00 Mn |
| Jun 30, 2025 | 481.00 Mn |
| Mar 31, 2025 | 719.00 Mn |
| Dec 31, 2024 | 318.00 Mn |
| Sep 30, 2024 | 709.00 Mn |
| Jun 30, 2024 | 767.00 Mn |
| Mar 31, 2024 | 762.00 Mn |
| Dec 31, 2023 | -858.00 Mn |
| Sep 30, 2023 | 470.00 Mn |
| Jun 30, 2023 | 522.00 Mn |
| Mar 31, 2023 | 428.00 Mn |
| Dec 31, 2022 | 580.00 Mn |
| Sep 30, 2022 | 845.00 Mn |
| Jun 30, 2022 | 490.00 Mn |
| Mar 31, 2022 | -28.00 Mn |
| Dec 31, 2021 | 471.00 Mn |
| Sep 30, 2021 | 152.00 Mn |
General Motors Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=GM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "GM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=GM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();