General Motors GM Contract Liabilities
Contract Liabilities at other companies
Other financials
Where this comes from
Reported directly by General Motors in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.
The source filing: General Motors’s 10-Q, filed July 21, 2026.
- Filed
- Jul 21, 2026, 4:16 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001467858-26-000051
Contract liabilities in our Automotive operations primarily consist of vehicle connectivity, customer rewards programs, maintenance, extended warranty, and other contracts of $9.1 billion and $8.2 billion at June 30, 2026 and December 31, 2025, which are included in Accrued liabilities and Other liabilities. We recognized revenue of $729 million and $1.5 billion related to contract liabilities in the three months and six months ended June 30, 2026 and $606 million and $1.2 billion in the three and six months ended June 30, 2025. We expect to recognize revenue of $1.5 billion in the six months ending December 31, 2026 and $2.1 billion, $1.5 billion, and $4.0 billion in the years ending December 31, 2027, 2028, and thereafter related to contract liabilities at June 30, 2026.
Item 1. Condensed Consolidated Financial Statements
FAQ
- What is General Motors's contract liabilities?
- General Motors (GM) reported contract liabilities of $9.1B in Q2 2026.
- What does contract liabilities mean?
- Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.
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