Quarterly ResultJul 21, 2026, 04:22 PM
General Motors Q2 Net Income $1.31B, EPS $1.41; Revenue +1.9%
AI Summary
General Motors reported Q2 2026 net sales and revenue of $48.03 billion, a 1.9% increase year-over-year, but net income attributable to stockholders decreased by 31.1% to $1.31 billion, with diluted EPS falling to $1.41. For the first six months of 2026, net income was $3.93 billion, down 15.9%. The company also completed the acquisition of noncontrolling interests in Cruise in February 2025, winding down robotaxi operations to refocus its autonomous driving strategy on personal vehicles.
Key Highlights
- General Motors reported Q2 2026 net sales and revenue of $48.03 billion, up 1.9% year-over-year.
- Q2 2026 net income attributable to stockholders was $1.31 billion, a 31.1% decrease from Q2 2025.
- Diluted earnings per share (EPS) for Q2 2026 was $1.41, down 26.2% year-over-year.
- For the six months ended June 30, 2026, net income attributable to stockholders was $3.93 billion, down 15.9%.
- The company completed the acquisition of noncontrolling interests in Cruise in February 2025 and is winding down robotaxi operations.
- GM Financial receivables, net, totaled $89.32 billion at June 30, 2026.
- Inventories stood at $15.95 billion, including $2.1 billion in allowances, at June 30, 2026.
- The company repurchased $2.8 billion of common stock and paid $831 million in dividends in H1 2026.
- Equity income (loss) included a $364 million impairment charge in Q2 2026.
Price Impact
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