GM — what changed in the latest 10-Q
A section-by-section comparison of GM's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-20 vs the prior 10-Q · 2026-07-21
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +36 | −35 | ~55 | 53 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | +2 | −1 | ~1 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 2 |
| Risk factors | Some risk factors updated | 0 | 0 | 0 | 1 |
| Other information | Text added/removed | +1 | −1 | 0 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-20
In the three months ended September 30, 2026, decreased Cost was primarily due to: (1) the reduction of charges related to the EV strategic realignment of $1.5 billion; (2) decreased warranty-related costs of $0.9 billion; (3) decreased net realizable value inventory adjustments, primarily EV-relate…
In the three months ended September 30, 2026, Interest income and other non-operating income, net decreased primarily due to $0.2 billion in losses related to revaluation of investments.
In the nine months ended September 30, 2026, Interest income and other non-operating income, net decreased primarily due to: (1) $0.2 billion in losses related to revaluation of investments; and (2) $0.1 billion decrease in interest income.
Three Months EndedFavorable/ (Unfavorable)Nine Months EndedFavorable/ (Unfavorable)
In the three and nine months ended September 30, 2026, Income tax expense increased primarily due to higher pre-tax income.
Text removed vs the prior filing · source: 10-Q · 2026-07-21
impact on our operating results. Refer to the "Consolidated Results" and regional sections of this MD&A for additional information.
In the three months ended June 30, 2026, increased Cost was primarily due to: (1) charges of $1.9 billion due to the EV strategic realignment; (2) decreased Ultium Cells Holdings LLC equity earnings of $0.4 billion; (3) increased engineering costs of $0.2 billion; and (4) increased manufacturing cos…
Three Months EndedFavorable/ (Unfavorable)Six Months EndedFavorable/ (Unfavorable)
In the three and six months ended June 30, 2026, Income tax expense decreased primarily due to lower pre-tax income.
For the three and six months ended June 30, 2026, our effective tax rate was 13.7% and 17.4% and our effective tax rate-adjusted (ETR-adjusted) was 17.6% and 18.3%. We expect our ETR-adjusted to be between 20% and 21% for the year ending December 31, 2026. Refer to the "Non-GAAP Measures" section of…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-10-20
Changes in Internal Control over Financial Reporting We initiated actions to enhance our close, consolidation, planning, and reporting processes through a phased implementation of new systems and system architectures. In the three months ended September 30, 2026, we updated our close, consolidation,…
There have not been any other changes in our internal control over financial reporting during the three months ended September 30, 2026 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Text removed vs the prior filing · source: 10-Q · 2026-07-21
Changes in Internal Control over Financial Reporting There have not been any changes in our internal control over financial reporting during the three months ended June 30, 2026 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reportin…
Other information
Text added vs the prior filing · source: 10-Q · 2026-10-20
During the three months ended September 30, 2026, the following directors or officers of the Company adopted a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408 of Regulation S-K: (1) on August 5, 2026, Rory V. Harvey, Executive Vice Pres…
Text removed vs the prior filing · source: 10-Q · 2026-07-21
During the three months ended June 30, 2026, no director or officer of the Company adopted or terminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408 of Regulation S-K.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice