General Motors Co. (GM)

Income Statement
Quarterly Data

Beginner level

The income statement presents information on the financial results of a company’s business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

General Motors Co., consolidated income statement (quarterly data)

US$ in millions

	3 months ended	Sep 30, 2019		Jun 30, 2019		Mar 31, 2019		Dec 31, 2018		Sep 30, 2018		Jun 30, 2018		Mar 31, 2018		Dec 31, 2017		Sep 30, 2017		Jun 30, 2017		Mar 31, 2017		Dec 31, 2016		Sep 30, 2016		Jun 30, 2016		Mar 31, 2016		Dec 31, 2015		Sep 30, 2015		Jun 30, 2015		Mar 31, 2015		Dec 31, 2014		Sep 30, 2014		Jun 30, 2014		Mar 31, 2014
	Automotive net sales and revenue
	Automotive and other cost of sales
	Automotive and other gross margin
	GM Financial net sales and revenue
	GM Financial interest, operating and other expenses
	Automotive and other selling, general and administrative expense
	Goodwill impairment charges
	Operating income (loss)
	Automotive interest expense
	Interest income and other non-operating income (loss), net
	Gain on extinguishment of debt
	Equity income
	Income before income taxes
	Income tax (expense) benefit
	Income from continuing operations
	Loss from discontinued operations, net of tax
	Net income (loss)
	Net (income) loss attributable to noncontrolling interests
	Net income (loss) attributable to stockholders
	Cumulative dividends on subsidiary preferred stock
	Net income (loss) attributable to common stockholders

Income statement item	Description	The company
Automotive net sales and revenue	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	General Motors Co.’s automotive net sales and revenue increased from Q1 2019 to Q2 2019 but then slightly decreased from Q2 2019 to Q3 2019 not reaching Q1 2019 level.
Operating income (loss)	The net result for the period of deducting operating expenses from operating revenues.	General Motors Co.’s operating income (loss) increased from Q1 2019 to Q2 2019 but then slightly decreased from Q2 2019 to Q3 2019.
Income before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	General Motors Co.’s income before income taxes increased from Q1 2019 to Q2 2019 but then slightly decreased from Q2 2019 to Q3 2019 not reaching Q1 2019 level.
Net income (loss) attributable to stockholders	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	General Motors Co.’s net income (loss) attributable to stockholders increased from Q1 2019 to Q2 2019 but then slightly decreased from Q2 2019 to Q3 2019.

	General Motors Co.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Analysis of Financial Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Long-term Trends
Analysis of Components of Financial Statements
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Financial Statements
Common-Size Financial Statements
Analysis of Financial Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Long-term Trends
Analysis of Components of Financial Statements
Financial Reporting Quality

General Motors Co. (GM)

Income StatementQuarterly Data

Income Statement
Quarterly Data