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Get filing alertsGM raises full-year guidance for second time, reports Q2 revenue of $48.0B
Filed July 21, 2026 · Period ending July 21, 2026 · ~1 min read
Key Changes
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GM raised full-year 2026 adjusted EBIT guidance to $14.0-$16.0B (from $13.5-$15.5B), adjusted automotive free cash flow to $9.5-$11.5B (from $9.0-$11.0B), and adjusted diluted EPS to $12.00-$14.00 (from $11.50-$13.50) — the second upward revision this year.
Exhibit 99.1 view on EDGAR → -
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Q2 2026 revenue rose 1.9% year-over-year to $48.0B, adjusted EBIT increased 29.8% to $3.9B, but reported net income fell 31.1% to $1.3B due to $2.5B in adjustments, primarily $2.3B for EV strategic realignment and $177M for China restructuring.
Exhibit 99.1 view on EDGAR → -
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GM recorded $2.3B in Q2 and $3.4B year-to-date for EV strategic realignment, related to realigning EV capacity and manufacturing footprint including Ultium's strategic realignment.
Exhibit 99.1 view on EDGAR → -
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China equity income was $83M in Q2 2026, but GM recorded $177M in Q2 restructuring charges including an other-than-temporary impairment at its China joint ventures; China market share declined to 6.6% from 6.8% year-over-year.
Exhibit 99.1 view on EDGAR → -
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Board declared a quarterly cash dividend of $0.18 per share, payable September 17, 2026, to shareholders of record as of September 4, 2026.
Exhibit 99.1 view on EDGAR →
Summary
General Motors reported second-quarter 2026 results and raised full-year guidance for the second time this year, signaling confidence in its operating momentum. Revenue of $48.0 billion rose 1.9% year-over-year, and adjusted EBIT climbed 29.8% to $3.9 billion.
The company lifted its full-year adjusted EBIT guidance to $14.0-$16.0 billion (from $13.5-$15.5 billion), adjusted automotive free cash flow to $9.5-$11.5 billion (from $9.0-$11.0 billion), and adjusted diluted EPS to $12.00-$14.00 (from $11.50-$13.50). Reported net income fell 31.1% to $1.3 billion, driven by $2.5 billion in adjustments.
The largest adjustment was $2.3 billion for EV strategic realignment, reflecting GM's recalibration of its EV capacity and manufacturing footprint, including Ultium's strategic realignment. The company also recorded $177 million in China restructuring charges, including an other-than-temporary impairment at its China joint ventures, as market share in China slipped to 6.6% from 6.8% year-over-year. These charges underscore ongoing challenges in China and the cost of repositioning GM's EV operations. The Board declared a $0.18 quarterly dividend, payable in September.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
GM disclosed Q2 2026 earnings results via press release and supplemental materials.
Added in current filing · verify on EDGAR →
On July 21, 2026, General Motors Company (GM) issued a news release and supplemental materials on the subject of its 2026 second quarter consolidated earnings.
GM announced its second quarter 2026 financial results through a press release and supplemental materials. The 8-K body itself does not contain specific financial metrics; those appear in the attached Exhibit 99.1. Investors should review the exhibit for revenue, earnings per share, margins, and guidance details.
Event · Exhibit 99.1
GM reported Q2 2026 results, raised full-year guidance for the second time, and declared a $0.18 quarterly dividend.
Added in current filing · view on EDGAR →
The company is raising its full-year 2026 EBIT-adjusted guidance for the second time this year. The company expects net income attributable to stockholders to be $8.4 billion to $9.8 billion; Automotive operating cash flow to be $15.4 billion to $19.4 billion; and EPS-diluted to be $8.98 to $10.98 based on its updated guidance and the impact of adjustments recorded year to date.
GM raised full-year 2026 guidance for the second time: adjusted EBIT to $14.0-$16.0 billion (from $13.5-$15.5 billion), adjusted automotive free cash flow to $9.5-$11.5 billion (from $9.0-$11.0 billion), and adjusted diluted EPS to $12.00-$14.00 (from $11.50-$13.50). The company expects net income of $8.4-$9.8 billion and automotive operating cash flow of $15.4-$19.4 billion.
Added in current filing · view on EDGAR →
China equity income (loss) $ 83 $ 71 $ 12 16.9 % ... China equity income (loss) (a) $ 248 $ 116 $ 132 n.m. ... China restructuring actions(b) 177 140 99 140 ... (b)These adjustments were excluded because they relate to restructuring activities associated with our operations in China, including an other-than-temporary impairment and restructuring charges recorded in equity earnings associated with our Automotive China JVs.
GM's China equity income was $83 million in Q2 2026 and $248 million year-to-date, up from $71 million and $116 million in the prior-year periods. However, the company recorded $177 million in Q2 and $99 million year-to-date for China restructuring actions, including an other-than-temporary impairment and restructuring charges at its China joint ventures. China market share declined to 6.6% in Q2 2026 from 6.8% in Q2 2025.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 19, 2026 · How we verify