GM
FY2026 Q2 · Calendar Q3 2026
General Motors Company
GM's Q2 2026 results reinforced a two-quarter pattern of operational outperformance. EPS of $3.57 beat consensus by 11.9% and revenue of $48.0B exceeded estimates by 2.2%, driven by record full-size pickup deliveries and expanding software and services revenue. The company raised full-year 2026 guidance across EBIT ($14-16B), EPS ($12-14), and adjusted free cash flow ($9.5-11.5B) for the second consecutive quarter. While EV restructuring charges of $2.3B in Q2 were substantial, management indicated the bulk of cash impact is now behind the company. Non-auto businesses — GM Defense and GM Insurance — are emerging as meaningful growth platforms. The market responded positively, with shares rising 4.9% on the report and drifting 13.6% higher subsequently on 1.66x baseline volume. The consensus analyst target of $100.10 sits about 11% above the current price of $90.30, suggesting the…
EPS surprise+11.9%
Market move+4.9%
