General Motors (GM) earnings Q3 2025
A General Motors Co. Chevrolet Silverado truck at a dealership in Upland, California, USA on Wednesday, October 15, 2025.
Kyle Grillot | Bloomberg | Getty Images
DETROIT — General Engines It will report third-quarter earnings before the bell on Tuesday, amid a host of challenges facing the auto industry.
Here’s what Wall Street expects, based on average estimates compiled by LSEG:
- Earnings per share: $2.31 corrected
- Revenues: $45.27 billion
These results represent a 7.2% decrease in revenue and a 22% decrease in adjusted earnings per share compared to the prior year. GM’s third-quarter 2024 results include revenue of $48.76 billion, net income attributable to shareholders of $3 billion and adjusted earnings before interest and taxes of $4.1 billion.
GM’s results come a week after the company previously reported a $1.6 billion specialty product impact from its pullback on all-electric vehicles. The cost, which includes a $1.2 billion non-cash impact and a $400 million cash impact, will not impact adjusted results but will hurt the automaker’s profitability.
Aside from EV changes, GM and the broader automotive industry continue to face challenges from changing regulations, tariffs, inflation and other disruptions.
Several Wall Street analysts expressed “investor concerns” that GM could miss estimates for the quarter, as well as additional “downside risk” due to other issues such as changes in truck production, equipment mix and warranty costs.
GM CFO Paul Jacobson said in July that the tariff impact would likely be “a little bit higher” in the third quarter compared to the previous quarter. He said at the time that GM still expected a $4 billion to $5 billion increase in tariff costs in 2025, covering at least 30% of that.
GM’s full-year guidance, which it changed in May due to tariffs, includes adjusted EBIT of $10 billion to $12.5 billion, or adjusted earnings of $8.25 to $10 per share; net income attributable to shareholders between $7.7 billion and $9.5 billion; and adjusted automotive free cash flow of $7.5 billion to $10 billion.
GM shares were up nearly 9% in 2025 as of Monday’s close.
This is developing news. Please check back for additional updates.
