GENERAL MOTORS COMPANY (GM) FY2024 YTD Q3 P&L / Income Statement

Revenue by Business Segment

2024-01-01 to 2024-09-30

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GENERAL MOTORS COMPANY (GM) FY2024 YTD Q3 P&L / Income StatementIncome statement for 2024-01-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETAutomotive net sales and revenueGM FinancialCruiseTotal net sales and revenue (Note 2)Revenue before reconciliation (calculated)Eliminations/ReclassificationsGross profit (calculated)Cost of revenue (calculated)Automotive and other cost of salesOperating income (loss)Operating expenses (calculated)GM Financial interest, operating and other expensesAutomotive and other selling, general and administrative expenseIncome (loss) before income taxesOther income (expense), net (calculated)Net income (loss)Income tax expense (benefit) (Note 14)Revenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$139.85 BTotal net sales and revenue (Note 2)Total net sales andrevenue (Note 2)$139.74 BGross profit (calculated)Gross profit(calculated)$28.12 BOperating income (loss)Operatingincome (loss)$11.26 BIncome (loss) before income taxesIncome (loss)before income taxes$11.08 BNet income (loss)Net income (loss)$8.84 BOperating expenses (calculated)Operating expenses(calculated)$16.86 BIncome tax expense (benefit) (Note 14)Income tax expense(benefit) (Note 14)$2.24 BCost of revenue (calculated)Cost of revenue(calculated)$111.62 BGM Financial interest, operating and other expensesGM Financial interest,operating and other expenses$9.57 BAutomotive net sales and revenueAutomotive netsales and revenue$128.01 BOther income (expense), net (calculated)Other income,net (calculated)−$186.00 MAutomotive and other selling, general and administrative expenseAutomotive and otherselling, general andadministrative expense$7.29 BGM FinancialGM Financial$11.76 BAutomotive and other cost of salesAutomotive andother cost of sales$111.62 BCruiseCruise$76.00 MEliminations/ReclassificationsEliminations−$105.00 M
Chart details

GENERAL MOTORS COMPANY (GM) FY2024 YTD Q3 P&L / Income Statement

Income statement for 2024-01-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total net sales and revenue (Note 2)
139,740,000,000 US dollars
Cost of revenue (calculated)
111,618,000,000 US dollars
Gross profit (calculated)
28,122,000,000 US dollars
Operating expenses (calculated)
16,860,000,000 US dollars
Operating income (loss)
11,262,000,000 US dollars
Other income (expense), net (calculated)
negative 186,000,000 US dollars
Income (loss) before income taxes
11,076,000,000 US dollars
Income tax expense (benefit) (Note 14)
2,238,000,000 US dollars
Net income (loss)
8,837,000,000 US dollars
Automotive net sales and revenue
128,008,000,000 US dollars
Cruise
76,000,000 US dollars
GM Financial
11,761,000,000 US dollars
Automotive and other cost of sales
111,618,000,000 US dollars
GM Financial interest, operating and other expenses
9,568,000,000 US dollars
Automotive and other selling, general and administrative expense
7,292,000,000 US dollars
Revenue before reconciliation (calculated)
139,845,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Eliminations/Reclassifications
negative 105,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
  • Of which attributable to GENERAL MOTORS COMPANY: $8.97 B; to noncontrolling interests: −$132.00 M.
  • The amounts that make up net income come to $8,838.00 M and net income is $8,837.00 M; the $1.00 M difference is within the rounding of the filed amounts.
GENERAL MOTORS COMPANY (GM) FY2024 YTD Q3 Revenue by Business Segment Sankey chart
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Gross margin

20.1%

Gross profit / revenue

Operating margin

8.1%

Operating profit / revenue

Cash conversion

180.9%

Operating cash / net income, same period

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