Companies /Consumer Cyclical
General Motors Company
NYSE: GM Auto Manufacturers
$86.17
▼ $3.16 (−3.54%) today
Markets closed · 5:26pm ET

General Motors (GM) Q3 2026 Earnings

Reported Oct 20, 2026, 7:30am ET · SEC source
$3.70
Beat +1.89%
EPS · est. $3.63 Adjusted
$50.0B
Beat +2.57%
Revenue · est. $48.8B
7 quarters
Consecutive EPS beats

How Did GM Stock React to Q3 2026 Earnings?

% change · around the report
−3%0+3%+6%Oct 20Oct 21report 7:30am ETearnings+1.1%−3.0%
−3%0+3%+6%Oct 20Oct 21earnings+1.1%−3.0%
GM −3.0%S&P 500 +1.1%
−3%0+3%+6%Oct 20Oct 21report 7:30am ETearnings+1.8%−3.0%
−3%0+3%+6%Oct 20Oct 21earnings+1.8%−3.0%
GM −3.0%NASDAQ +1.8%
0+4%+8%Oct 19Oct 28report 7:30am ETearnings+0.9%+5.9%
0+4%+8%Oct 19Oct 28earnings+0.9%+5.9%
GM +5.9%S&P 500 +0.9%
0+4%+8%Oct 19Oct 28report 7:30am ETearnings+1.4%+5.9%
0+4%+8%Oct 19Oct 28earnings+1.4%+5.9%
GM +5.9%NASDAQ +1.4%
−6.84%
Day of report
−1.27%
Next session
+4.48%
One week

Did GM Beat Earnings? Q3 2026 Results

Yes. General Motors reported Q3 2026 earnings of $3.70 a share on Oct 20, 2026, beating the $3.63 consensus estimate by 1.9%. Revenue was $50.0B against a $48.8B estimate.

General Motors delivered a strong third-quarter 2026 performance, beating Wall Street expectations for the sixth consecutive quarter as the Detroit automaker posted adjusted EPS of $3.70, edging past the $3.63 consensus estimate by 1.89%, while revenue climbed 2.9% year over year to $50.02 billion, topping forecasts by 2.57%. The headline numbers were driven primarily by a resurgent GM North America operation, which posted EBIT-adjusted of $3.59 billion, up 43.4% from a year ago, helping lift the company's overall EBIT-adjusted 21.6% to $4.11 billion at an 8.2% margin. That strength more than offset a sharp retreat in GM International, where EBIT-adjusted fell 87.7% to just $28.00 million, and a 60.3% drop in China equity income to $32.00 million. Buoyed by the quarter's momentum, GM narrowed its full-year 2026 EBIT-adjusted guidance to $14.50 billion to $15.50 billion and raised its adjusted automotive free cash flow outlook to $11.50 billion to $12.50 billion, signaling growing confidence in the durability of its North American earnings engine.

Key Takeaways
  • GMNA EBIT-adjusted increased 43.4% to $3,592 million with margin expanding 2.5 percentage points to 8.7%
  • Wholesale vehicle sales rose to 1,028 thousand from 977 thousand units year over year
  • Reduced share count from 964 million to 887 million diluted shares boosted per-share earnings
  • ROIC-adjusted improved to 24.8% from 18.5% on a trailing four-quarter basis
  • U.S. total vehicle sales of 671 thousand with 16.1% market share
  • Automotive operating cash flow increased 32.6% to $8,049 million

What Is General Motors's Outlook?

GM narrowed its full-year 2026 EBIT-adjusted guidance to $14.5 billion - $15.5 billion (from $14.0 billion - $16.0 billion). EPS-diluted-adjusted guidance was tightened to $12.75 - $13.75 (from $12.00 - $14.00). EPS-diluted (GAAP) is expected to be $9.72 - $10.72 (from $8.98 - $10.98). Net income attributable to stockholders is expected to be $8.9 billion - $9.5 billion (from $8.4 billion - $9.8 billion). Automotive operating cash flow guidance was raised to $17.3 billion - $20.3 billion (from $15.4 billion - $19.4 billion). Adjusted automotive free cash flow guidance was raised to $11.5 billion - $12.5 billion (from $9.5 billion - $11.5 billion). Capital expenditures are expected to be $10.0 billion - $12.0 billion (unchanged). These results do not include the potential impact of future adjustments related to special items.

GM YoY Financials

Q3 2026 vs Q3 2025 · SEC filings Q3 2025 Q3 2026
$0$20.0B$40.0B$48.6B$50.0BRevenue$1.1B$3.6BOperating Income$1.3B$3.3BNet Income
$0$20.0B$40.0BRevenueOperating IncomeNet Income
GM income statement, Q3 2026 versus Q3 2025
Metric Q3 2026 Q3 2025 Year over year
Revenue $50.0B $48.6B +2.9%
Operating Income $3.6B $1.1B +234.4%
Net Income $3.3B $1.3B +151.3%

GM Revenue by Segment

GM North America$41.4B+2.1%
GM Financial$4.3B−0.6%
GM International$4.1B+12.1%

When Does General Motors Report Next?

Expected report date
After the close
Release timing

Figures from SEC filings and company reports. Not investment advice.