General Motors Co Q1 FY26 Results

Summary

General Motors reported its first-quarter 2026 results with revenue of $43.6 billion, a modest 0.9% decrease year-over-year, and net income attributable to stockholders of $2.6 billion, down 5.7%. Despite the slight dip in top-line and net income, the company demonstrated strong operational performance with EBIT-adjusted increasing by 21.9% to $4.3 billion and diluted-adjusted EPS growing by 33.0% to $3.70 per share. The company also raised its full-year 2026 EBIT-adjusted guidance to $13.5 billion - $15.5 billion, partly due to a favorable U.S. Supreme Court decision on tariffs, and declared a quarterly cash dividend of $0.18 per share.

Key Highlights

1. 1

   General Motors reported first-quarter 2026 revenue of $43.6 billion, a slight decrease of 0.9% compared to the same period last year.

2. 2

   Net income attributable to stockholders for Q1 2026 was $2.6 billion, marking a 5.7% decline year-over-year.

3. 3

   EBIT-adjusted saw a significant increase of 21.9% to $4.3 billion in the first quarter of 2026, demonstrating strong operational performance.

4. 4

   Diluted-adjusted EPS rose by 33.0% to $3.70 per share for Q1 2026.

5. 5

   The company raised its full-year 2026 EBIT-adjusted guidance to a range of $13.5 billion to $15.5 billion, up from the previous estimate of $13.0 billion to $15.0 billion, partly due to a favorable tariff adjustment.

6. 6

   Adjusted automotive free cash flow surged by 56.4% to $1,269 million in Q1 2026.

7. 7

   General Motors declared a quarterly cash dividend of $0.18 per share, payable on June 18, 2026.