GM reports $3.0 billion Q4 loss on special charges, issues 2025 guidance
General Motors reported a fourth-quarter 2024 net loss attributable to shareholders of $3.0 billion, reduced by more than $5 billion in special charges, including $4 billion of non-cash restructuring and China joint venture impairment charges and $0.5 billion tied to ending funding for the Cruise robotaxi business. Fourth-quarter revenue rose 11.0%, and full-year 2024 net income fell 40.7% to $6.0 billion, while 2025 net income guidance is $11.2 billion to $12.5 billion. For shareholders, strong operating measures are offset by large one-time charges and lower full-year GAAP profit.
Key points
- Q4 2024 net loss attributable to stockholders of $3.0 billion; EPS-diluted was $(1.64) versus $1.59 a year earlier
- Q4 2024 revenue rose 11.0% to $47.7 billion; EBIT-adjusted rose 42.8% to $2.5 billion
- Full-year 2024 net income fell 40.7% to $6.0 billion; EBIT-adjusted rose 20.9% to $14.9 billion
- 2025 guidance: net income attributable to stockholders of $11.2 billion to $12.5 billion; EPS-diluted-adjusted of $11.00 to $12.00
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.