General Motors (GM) Tax Provisions (2010 - 2026)
General Motors (GM) reported Tax Provisions of $642.0 million for Q1 2026, down 10.71% on a YoY basis from $719.0 million in Q1 2025, and up 164.98% quarter-over-quarter from -$988.0 million in Q4 2025.
General Motors (GM) Tax Provisions (2010 - 2026) Analysis & Trends
General Motors has reported Tax Provisions for 17 years, with the latest figure at $642.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 10.71% year-over-year to $642.0 million; the trailing twelve-month figure through Mar 2026 stood at $262.0 million (down 89.73% YoY), and the FY2025 full-year result was $338.0 million, down 86.78% from the prior year.
- Tax Provisions for Q1 2026 stood at $642.0 million, up from -$988.0 million in the prior quarter.
- The five-year high for Tax Provisions was $845.0 million in Q3 2022, with the low at -$988.0 million in Q4 2025.
- Historically, Tax Provisions has averaged $355.6 million across 5 years, with a median of $490.0 million in 2022.
- Annual changes were most pronounced in 2023 — Tax Provisions jumped 1628.57% — and 2025, when it tumbled 377.53%.
- General Motors' Tax Provisions stood at $580.0 million in 2022, then tumbled by 244.31% 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 164.98% to $642.0 million in 2026.
- The last three Tax Provisions figures came in at $642.0 million (Q1 2026), -$988.0 million (Q4 2025), and $127.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,297.09 Bn | 1,252.41 Bn | 4.72 Bn | 257.00 Mn |
| 2 | Toyota Motor | 440.56 Bn | 289.71 Bn | 39.87 Bn | - |
| 3 | Ferrari | 75.26 Bn | 73.46 Bn | 1.09 Bn | 139.69 Mn |
| 4 | General Motors | 72.40 Bn | 50.02 Bn | 4.32 Bn | 642.00 Mn |
| 5 | Ford Motor | 56.05 Bn | 25.60 Bn | 7.94 Bn | 361.00 Mn |
| 6 | Rivian Automotive | 20.65 Bn | 15.84 Bn | 119.00 Mn | -2.00 Mn |
| 7 | China Yuchai International | 14.25 Bn | 13.19 Bn | 317.01 Mn | -30.38 Mn |
| 8 | VinFast Auto | 7.11 Bn | 10.11 Bn | -15,731.99 Bn | - |
| 9 | Digital Currency X Technology | 4.89 Bn | 4.89 Bn | - | - |
| 10 | Xpeng | 4.49 Bn | 1.59 Bn | 388.90 Mn | -1.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 356.00 Mn |
| Sep 30, 2024 | 709.00 Mn |
| Jun 30, 2024 | 767.00 Mn |
| Mar 31, 2024 | 762.00 Mn |
| Dec 31, 2023 | -837.00 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 |
| Jun 30, 2021 | 971.00 Mn |