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% on a YoY basis from $481.0 million in Q2 2025, and down 66.67% quarter-over-quarter from $642.0 million in Q1 2026.
Analysis
General Motors (GM) Tax Provisions (2010 - 2026) Analysis & Trends
General Motors (GM) has reported Tax Provisions for 17 consecutive years, with $214.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions fell 55.51% year-over-year to $214.0 million; the trailing twelve-month figure through Jun 2026 stood at -$5.0 million (down 100.22% YoY), and the FY2025 full-year result was $338.0 million, down 86.78% from the prior year.
- Tax Provisions declined to $214.0 million in Q2 2026 per GM's latest filing, from $642.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $845.0 million in Q3 2022 and bottomed at -$988.0 million in Q4 2025.
- Historically, Tax Provisions has averaged $344.4 million across 5 years, with a median of $485.5 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Tax Provisions surged 1628.57% in 2023, then plunged 410.69% in 2025.
- Over 5 years, Tax Provisions stood at $580.0 million in 2022, then slumped by 247.93% to -$858.0 million in 2023, then surged by 137.06% to $318.0 million in 2024, then slumped by 410.69% to -$988.0 million in 2025, then jumped by 121.66% to $214.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $214.0 million, $642.0 million, and -$988.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,159.10 Bn | 1,115.58 Bn | 4.75 Bn | 201.00 Mn |
| 2 | Toyota Motor | 254.03 Bn | 176.04 Bn | 12.27 Bn | -5.20 Bn |
| 3 | Honda Motor | 128.49 Bn | 88.36 Bn | 8.46 Bn | -823.19 Mn |
| 4 | General Motors | 75.41 Bn | 50.69 Bn | 7.33 Bn | 214.00 Mn |
| 5 | Ford Motor | 53.33 Bn | 21.99 Bn | 6.08 Bn | -711.00 Mn |
| 6 | Rivian Automotive | 20.17 Bn | 14.86 Bn | 179.00 Mn | -1.00 Mn |
| 7 | Li Auto | 12.13 Bn | -444.38 Mn | 417.98 Mn | 35.90 Mn |
| 8 | Xpeng | 9.84 Bn | 7.52 Bn | 601.83 Mn | -10.95 Mn |
| 9 | Nio | 8.17 Bn | 1.84 Bn | 870.51 Mn | -4.84 Mn |
| 10 | VinFast Auto | 7.27 Bn | 7.27 Bn | -677,431.76 Bn | 1,319.70 Bn |
Historic Data
Download Data
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 |