GM's Q2 earnings beat estimates as strong pricing, lower costs and disciplined incentives drive margin gains and a higher 2026 outlook.
General Motors (GM) shares are inching higher on Tuesday morning after the automaker posted a powerhouse Q2 earnings release, outperforming Street expectations across key operational metrics Revenue came in just over $48 billion – reflecting a 1.9% year-over-year increase – while adjusted earnings per share went up 41.3% versus last year to $3.57 in the second quarter. Driven by North American truck demand, resilient pricing power, and strict discipline on operating overhead, GM raised its full-year adjusted profit and free cash flow guidance for the second time this year.
Although the revenue and EPS for General Motors (GM) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
General Motors NYSE: GM raised its full-year 2026 guidance for the second time this year after reporting higher second-quarter revenue, adjusted earnings and free cash flow, with management citing steady North American demand, disciplined pricing, lower warranty costs and reduced electric vehicle losses.
GM CEO Mary Barra said the next-generation Cadillacs will include new gas versions of the CT5 sedan, XT5 midsize SUV and discontinued three-row XT6 SUV. The new product announcements add to GM's pullback in EVs, after it initially said Cadillac would exclusively sell electric vehicles by the end of this decade.
A new, widely followed survey shows that Cadillac is America's worst luxury car brand.
General Motors Company (NYSE:GM) on Tuesday raised its full-year 2026 profit forecast after posting stronger-than-expected second-quarter results, even as one-time charges tied to its electric vehicle realignment weighed on net income. The Detroit automaker reported adjusted earnings per share of $3.57 for the quarter, up 41% from a year earlier and above analyst estimates of $3.20.
General Motors (GM) came out with quarterly earnings of $3.57 per share, beating the Zacks Consensus Estimate of $3.13 per share. This compares to earnings of $2.53 per share a year ago.
General Motors CFO Paul Jacobson discusses second-quarter earnings that topped estimates and saw the automaker raise its full-year profit forecast by another $500 million. Jacobson also discusses product demand and managing tariff and inflationary pressures on “Bloomberg Surveillance.
GM's stock rises after a beat-and-raise earnings report, as revenue grows to snap a four-quarter streak of declines.
Trump's latest trade offensive has placed North America's best-known manufacturers and consumer brands under scrutiny, with integrated US-Canadian supply chains facing a cost shock. The White House imposed additional 50% duties on specified Canadian imports under three proclamations responding to disputes over motor vehicles, alcoholic beverages and dairy.
General Motors is set to report its second-quarter earnings before the bell Tuesday. Wall Street analysts expect adjusted earnings per share of $3.20 and revenue of $47.01 billion.