General Motors Company (GM) quarterly cash flow statement — complete operating, investing & financing history
General Motors Company (GM) cash flow statement — 18-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 6.35B | 2.95B | 6.79B | 7.1B | 6.91B | 6.06B | 4.14B | 6.86B | 5.98B | 3.15B | 3.66B | 6.6B | 7.59B | 3.09B | 5.62B | 5.19B | 3.12B | 2.1B | 6.81B | -49M |
| Operating CF Margin % | 13.23% | 6.76% | 15% | 14.62% | 14.66% | 13.77% | 8.68% | 14.07% | 12.46% | 7.33% | 8.51% | 14.95% | 16.96% | 7.72% | 13.05% | 12.39% | 8.74% | 5.85% | 20.27% | -0.18% |
| Operating CF Growth % | -8.02% | -51.33% | 64.13% | 3.53% | 15.6% | 92.29% | 13.21% | 4.02% | -21.28% | 2.14% | -34.98% | 27.07% | 142.99% | 46.67% | -17.4% | 10693.88% | -56.38% | 66.19% | 1.73% | -100.44% |
| Net Income | 1.35B | 2.71B | -3.26B | 1.29B | 1.89B | 2.85B | -2.87B | 3.01B | 2.88B | 2.95B | 1.99B | 2.99B | 2.51B | 2.35B | 2.01B | 3.25B | 1.64B | 2.81B | 1.77B | 2.39B |
| Depreciation & Amortization | 3.1B | 3.03B | 4.5B | 4.11B | 3.04B | 2.93B | 3.23B | 2.87B | 3.49B | 2.8B | 3.15B | 2.99B | 2.93B | 2.81B | 2.77B | 2.77B | 2.86B | 2.89B | 2.94B | 3.08B |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 67M | 222M | -1.38B | -78M | 62M | 143M | -28M | 269M | 472M | 655M | -1.28B | 277M | -88M | 46M | -79M | 425M | 160M | -81M | 251M | 150M |
| Other Non-Cash Items | 266M | -551M | 1.42B | -299M | 127M | 442M | 3.22B | -631M | -417M | -232M | -1.44B | -502M | 24M | -182M | -819M | -456M | -399M | -729M | -3.46B | -957M |
| Working Capital Changes | 1.56B | -2.46B | 5.51B | 2.08B | 1.78B | -311M | 591M | 1.34B | -442M | -3.02B | 1.23B | 836M | 2.21B | -1.94B | 1.75B | -803M | -1.14B | -2.78B | 5.32B | -4.71B |
| Change in Receivables | 0 | 0 | 3.48B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.18B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 626M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -757M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | -2.15B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -4.12B | 632M | -3.66B | -1.31B | -6.67B | -4.49B | -6.51B | -5.02B | -5.07B | -3.91B | -2.56B | -5.28B | -4.56B | -2.26B | -6.91B | -2.74B | -4.32B | -3.91B | -5.42B | -3.93B |
| Capital Expenditures | -1.94B | -1.51B | -5.07B | -2.13B | -4.38B | -4.21B | -4.04B | -3.75B | -4.05B | -3.44B | -3.39B | -3.41B | -3.68B | -3.15B | -2.89B | -2.86B | -3.21B | -2.99B | 2.1B | -4.26B |
| CapEx % of Revenue | 4.04% | 3.47% | 11.2% | 4.38% | 9.29% | 9.57% | 8.46% | 7.7% | 8.45% | 7.99% | 7.89% | 7.73% | 8.22% | 7.89% | 6.7% | 6.83% | 8.99% | 8.31% | 6.24% | 15.9% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -6.68B | 33M | 1.35B | 673M | -2.34B | -698M | -3.53B | -1.25B | -573M | -228M | -1.4B | -1.87B | -1.25B | -1.41B | -1.55B | -347M | -829M | 572M | -5.45B | 714M |
| Cash from Financing | -2.76B | -3.69B | -5B | -5.29B | 1.24B | -543M | -1.02B | -830M | 3.49B | 300M | -8.18B | 983M | 2.53B | -1.69B | -316M | 1.46B | 1.09B | -1.85B | 532M | -1.63B |
| Debt Issued (Net) | 75M | -2.35B | -2.46B | -3.64B | 1.53B | 1.85B | 3.93B | 476M | 4.84B | 918M | 2.09B | 1.55B | 3.3B | -807M | 968M | 3.27B | 1.77B | 580M | 626M | -1.5B |
| Equity Issued (Net) | -2B | -800M | -2.53B | -1.5B | 0 | -2.01B | -4.69B | -1.03B | -1.07B | -280M | -10B | -250M | -500M | -369M | -1B | -1.5B | -3M | -2.12B | 0 | 0 |
| Dividends Paid | -608M | -223M | -138M | -200M | -144M | -175M | -127M | -192M | -136M | -198M | -104M | -182M | -126M | -185M | -127M | -189M | -8M | -73M | -16M | -76M |
| Share Repurchases | -2B | -800M | -2.53B | -1.5B | 0 | -2.01B | -4.69B | -1.03B | -1.07B | -280M | -10B | -250M | -500M | -369M | -1B | -1.5B | -3M | -2.12B | 0 | 0 |
| Other Financing | -223M | -321M | 124M | 47M | -144M | -207M | -140M | -82M | -147M | -140M | -171M | -132M | -146M | -324M | -157M | -115M | -666M | -235M | -78M | -44M |
| Net Change in Cash | -487M | -221M | -1.93B | 410M | 1.76B | 1.08B | -3.75B | 1.09B | 4.24B | -539M | -7.06B | 2.23B | 5.61B | -807M | -1.55B | 3.78B | -263M | -3.56B | 1.89B | -5.71B |
| Free Cash Flow | 4.41B | 1.44B | 5.68B | 4.97B | 392M | 33M | -3.13B | 862M | -646M | -3.07B | -49M | 602M | 1.66B | -2.5B | -568M | 228M | -2.26B | -2.55B | 5.71B | -6.17B |
| FCF Margin % | 9.19% | 3.3% | 12.53% | 10.23% | 0.83% | 0.07% | -6.56% | 1.77% | -1.35% | -7.13% | -0.11% | 1.36% | 3.71% | -6.25% | -1.32% | 0.54% | -6.31% | -7.08% | 16.99% | -23.03% |
| FCF Growth % | 1025.51% | 4257.58% | 281.4% | 476.91% | 160.68% | 101.08% | -6285.71% | 43.19% | -138.94% | -22.73% | 91.37% | 164.04% | 173.5% | 1.88% | -109.95% | 103.7% | -206.24% | 55.51% | 13068.18% | -205.87% |
| FCF per Share | 4.80 | 1.56 | 6.17 | 5.10 | 0.40 | 0.03 | -2.77 | 0.76 | -0.56 | -2.64 | -0.04 | 0.44 | 1.19 | -1.78 | -0.40 | 0.16 | -1.54 | -1.73 | 3.89 | -4.20 |
| FCF Conversion (FCF/Net Income) | 4.99x | 1.12x | -2.05x | 5.35x | 3.65x | 2.18x | -1.40x | 2.25x | 2.04x | 1.06x | 1.74x | 2.15x | 2.96x | 1.29x | 2.81x | 1.57x | 1.85x | 0.72x | 3.91x | -0.02x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |