General Motors reported adjusted EPS of $2.51 for Q4 2025, topping consensus of $2.26 and driving an 8.8% stock gain on January 27. Revenue reached $45.29 billion, slightly below analyst forecasts of $45.8 billion, but stronger-than-expected profitability underscored the company’s efficiency improvements in its core internal-combustion and electric vehicle lines.

GM delivered a 54% total return in 2025, its best performance since relisting in 2010. Management issued 2026 adjusted EPS guidance of $11.00–$13.00, implying year-over-year growth of roughly 13%. The board also approved a 20% dividend increase and a new $6 billion share repurchase program, highlighting confidence in cash generation and capital allocation discipline.

Net income for the full year fell sharply as GM absorbed $7.2 billion in non-recurring charges related to electric vehicle capacity rationalization and supply-chain settlement costs. The company cited strategic realignment of production assets and contractual adjustments with parts suppliers, and it expects these one-time expenses to clear the way for improved margins by late 2026.

GM is investing heavily in its manufacturing base and talent pipeline, including a multi-million-dollar upskilling program at its Fairfax Assembly Plant to support three new vehicle launches and a planned $888 million expansion at its Tonawanda propulsion facility for next-generation V8 engines. The automaker’s Ultium battery plants in Ohio, Tennessee and Lansing remain central to its target of achieving positive EV segment profitability by 2026.