General Motors (GM) Tax Provisions (2010 - 2026)
General Motors' (GM) quarterly Tax Provisions came in at $214.0 million in Q2 2026, down 55.51% YoY from $481.0 million in Q2 2025, and down 66.67% on a QoQ basis from $642.0 million in Q1 2026.
General Motors (GM) Tax Provisions (2010 - 2026) Analysis & Trends
General Motors (GM) has 17 years of Tax Provisions data on file, last reported at $214.0 million in Q2 2026.
- Quarterly Tax Provisions fell 55.51% year-over-year to $214.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$5.0 million (down 100.22% YoY) and the FY2025 annual result came in at $338.0 million, down 86.78% from the prior year.
- Tax Provisions retreated to $214.0 million in Q2 2026, from $642.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $845.0 million in Q3 2022 to a low of -$988.0 million in Q4 2025.
- A 5-year average of $348.2 million and a median of $485.5 million in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2023 — Tax Provisions jumped 1628.57% — and 2025, when it tumbled 377.53%.
- Tracing GM's Tax Provisions over 5 years: stood at $588.0 million in 2022, then sank by 242.35% to -$837.0 million in 2023, then soared by 142.53% to $356.0 million in 2024, then sank by 377.53% to -$988.0 million in 2025, then surged by 121.66% to $214.0 million in 2026.
- The last three Tax Provisions figures came in at $214.0 million (Q2 2026), $642.0 million (Q1 2026), and -$988.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Toyota Motor | 254.16 Bn | 125.71 Bn | 12.27 Bn | -5.20 Bn |
| 2 | General Motors | 75.74 Bn | 52.66 Bn | 7.33 Bn | 214.00 Mn |
| 3 | Rivian Automotive | 22.24 Bn | 16.95 Bn | 179.00 Mn | -1.00 Mn |
| 4 | Li Auto | 12.31 Bn | 6.49 Bn | 417.98 Mn | 35.90 Mn |
| 5 | Xpeng | 11.18 Bn | 8.87 Bn | 601.83 Mn | -10.95 Mn |
| 6 | Lucid | 1.95 Bn | 1.19 Bn | -426.73 Mn | 1.05 Mn |
| 7 | China Yuchai International | 1.49 Bn | -274.93 Mn | 317.01 Mn | -47.62 Mn |
| 8 | Lotus Technology | 32.10 Mn | -51.80 Mn | 16.47 Mn | 739,000.00 |
| 9 | Faraday Future Intelligent Electric | 19.08 Mn | 21.87 Mn | -10.70 Mn | -906,000.00 |
| 10 | Fabric.AI | 11.76 Mn | -9.92 Mn | - | - |
Historic Data
Download 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 |