Today, General Motors reported its full-year 2025 financial results and 2026 guidance.
The company recorded net income attributable to stockholders of $2.7 billion and EBIT-adjusted of $12.7 billion.
Net income attributable to stockholders in Q4 2025 was a loss of $3.3 billion, mainly due to over $7.2 billion in special charges related to its reduced electric vehicle operations and restructuring in China. Meanwhile, EBIT-adjusted was $2.8 billion.
GM also announced that its board has authorized a new $6 billion share buyback program and increased its quarterly common stock dividend by 3 cents to 18 cents per share.
Mary Barra, GM Chair and CEO, told investors, “For several years now, GM’s strong brands and winning vehicles, as well as our technology-driven services and operating discipline, have delivered consistently strong cash generation. This has allowed us to execute all phases of our capital allocation strategy, from investing in the business and our people, to maintaining a strong balance sheet and returning capital to shareholders. We believe that formula is sustainable, which is why we’re increasing our dividend and planning future share repurchases.”
Moving forward, Barra said, “We expect the U.S. new vehicle market will continue to be resilient, and with our compelling vehicles, technology-driven services, and operating discipline, 2026 should be an even better year for GM. We expect our full year EBIT-adjusted margins in North America will be back in the 8-10% margin range.”
“Looking ahead, we are operating in a U.S. regulatory and policy environment that is increasingly aligned with customer demand. As a result, we continue to onshore more production to meet strong customer demand for our vehicles. Over the next few years, our annual production in the U.S. is expected to rise to an industry-leading 2 million units.”
GM’s 2026 financial guidance also includes anticipated capital spending of $10.0 billion to $12.0 billion, inclusive of the company’s battery cell manufacturing joint ventures.
GM stock rose more than 4% in premarket trading after the announcement.
By CEO NA Editorial Staff
