Normal Motors (GM) Q3 2025 outcomes

A General Motors Co. Chevrolet Silverado truck at a dealership in Upland, California, U.S., on Wednesday, October 15, 2025.

Kyle Grillot | Bloomberg | Getty Images

DETROIT – General Motors is expected to report its third-quarter results before the market close on Tuesday, amid a host of challenges facing the automotive industry.

According to LSEG average estimates, Wall Street expects the following:

• Earnings per share: Adjusted $2.31
• Revenue: $45.27 billion

These results would represent a 7.2% year-over-year decline in revenue and a 22% decline in adjusted earnings per share. GM’s third-quarter 2024 results included 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 impact from the pullback in all-electric vehicles. The costs, which include a non-cash impact of $1.2 billion and $400 million in cash, will not impact adjusted results but will impact the automaker’s bottom line.

Beyond the changes in electric vehicles, GM and the entire auto industry continue to face challenges from changing regulations, tariffs, inflation and other disruptions.

Several Wall Street analysts cited “investor concerns” that GM could miss estimates for the quarter, as well as additional “downside risk” due to shifts in truck production, equipment mix and other issues such as warranty costs.

GM Chief Financial Officer Paul Jacobson said in July that the impact of tariffs in the third quarter would likely be “somewhat higher” than in the previous quarter. He said at the time that GM still expects between $4 billion and $5 billion in increased tariff costs in 2025, of which the company plans to offset at least 30%.

GM’s full-year guidance, revised in May due to tariffs, calls for adjusted EBIT of between $10 billion and $12.5 billion, or adjusted earnings per share of $8.25 to $10; net income attributable to shareholders of $7.7 billion to $9.5 billion; and adjusted automotive free cash flow between $7.5 billion and $10 billion.

Shares of GM were up about 9% in 2025 as of Monday’s close.

This is developing news. Please check back for more updates.