General Motors (GM) Revenue — Quarter Ended Dec 31, 2024
Revenue declined sequentially but rose compared to the same period a year earlier. The year-over-year increase continued a trend of growth seen throughout the fiscal year.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue declined sequentially but rose compared to the same period a year earlier. The year-over-year increase continued a trend of growth seen throughout the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$43.6B
Revenue reported for this quarter.
Quarter-over-quarter
-2.5%
Change from the immediately preceding quarter.
Year-over-year
+11.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$171.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $39.2B | +7.0% |
| Jun 30, 2024 | $44.1B | +6.8% |
| Sep 30, 2024 | $44.7B | +10.5% |
| Dec 31, 2024 | $43.6B | +11.0% |
Revenue performance
The sequential decline followed a period of rising revenue in the preceding quarters. On an annual comparison, the top line remained in positive territory.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower. However, compared with the same quarter one year earlier, revenue was higher, consistent with the year-over-year gains posted in each of the earlier quarters of the fiscal year.
What to watch
Monitor whether the sequential decline signals a pause in revenue growth or a seasonal pattern.