Quarterly ResultApr 28, 2026, 05:07 PM
GM Q1 Revenue $43.62B, Net Income $2.63B, EPS $2.87
AI Summary
General Motors Co reported Q1 2026 total net sales and revenue of $43.62 billion, a slight decrease from $44.02 billion in Q1 2025. Net income attributable to stockholders was $2.63 billion, down from $2.78 billion year-over-year, with basic EPS at $2.87 compared to $3.40. While automotive sales declined, GM Financial revenue and equity income from China joint ventures showed growth. The company also noted the completion of the Cruise noncontrolling interest acquisition and winding down of robotaxi operations in February 2025.
Key Highlights
- Total net sales and revenue decreased to $43.62B from $44.02B YoY.
- Net income attributable to stockholders was $2.63B, down from $2.78B YoY.
- Basic earnings per common share decreased to $2.87 from $3.40 YoY.
- Automotive net sales and revenue were $39.35B, down from $39.86B YoY.
- GM Financial net sales and revenue increased to $4.28B from $4.16B YoY.
- Equity income significantly increased to $272M from $62M YoY.
- Net cash provided by operating activities decreased to $2.95B from $6.06B YoY.
- GM Financial paid $650M in dividends to GM in Q1 2026.