General Motors (GM) 10-K Summary — Year Ended Dec 31, 2023
The filing provides an overview of General Motors Company's business, risk factors, and financial results. The company reported revenue growth and positive net income for the period.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
The filing provides an overview of General Motors Company's business, risk factors, and financial results. The company reported revenue growth and positive net income for the period.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$157.7B
Revenue reported for the fiscal year.
Operating income
$9.3B
Income from operations reported for the year.
Net income
$10.1B
Net income reported for the year.
Operating cash flow
$20.9B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $113.6B | n/a |
| Dec 31, 2022 | $144B | +26.7% |
| Dec 31, 2023 | $157.7B | +9.5% |
Business overview
General Motors is an automobile company, as indicated by the inclusion of the Dow Jones Automobile & Parts Titans 30 Index in the stock performance graph. The filing references a business overview section but does not include the detailed description.
Financial performance
Revenue increased compared to the prior year, and the company achieved operating income and net income. Operating cash flow was also reported.
Material risks
No specific risk factors are stated in the supplied filing context beyond the reference to Item 1A. The actual risk descriptions are not provided.
Liquidity and capital
The filing includes a table of share repurchases for the fourth quarter, showing the company bought back shares under announced programs.
What to watch
Monitor the revenue growth rate, as it decelerated compared to the prior year period.