General Motors reported $2.7 billion in net income for all of 2025 despite taking $7.2 billion charge in fourth quarter after it rolled back its electric vehicle plans because of declining demand for EVs. The charge resulted in a $3.3 billion loss during the final quarter of the year.
Although the automaker missed its revised earnings guidance for net income of $7.7 billion to $8.3 billion, it did hit the mark on its adjusted earnings coming in at $12.7 billion for the full year, which was basically in the middle of its revised earnings guidance.
The company also hit its other amended forecasts and beat Wall Street analysts’ estimates; however, it fell short of last year’s numbers. Full year revenue for 2025 was $185.02 billion, down 1.3 percent from last year. Additionally, net income was down 55.1 percent year-over-year, and adjusted income fell 14.6 percent.
It wasn’t all bad news as GM officials offered optimistic forecasts for 2026 that exceed the final full-year guidance issued for 2025 as well as the final reported numbers. Additionally, GM’s board of directors approved a $6 billion share buyback designed strengthen GM’s share price.
“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,” said Mary Barra, Chair and CEO, in a release.
“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.”
However, it wasn’t enough to keep pre-market traders happy, as the stock was down slightly in pre-market trading at $79.43.
[Images: General Motors]
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