General Motors' second quarter 2026 earnings beat estimates, prompting a second guidance raise for the year.

General Motors reported second quarter 2026 revenue of $48.03 billion and adjusted EPS of $3.57, beating consensus estimates. The company subsequently raised its full-year 2026 guidance for the second time, citing continued strong performance.

Key Highlights

• For the full year, GM now expects adjusted EBIT between $14.0 billion and $16.0 billion, up from a prior range of $13.5 billion to $15.5 billion, and lifted its adjusted EPS forecast to a range of $12.00 to $14.00.
• Quarterly EBIT-adjusted margin expanded to 8.2% from 6.4% year-over-year, driven by a 2.5 percentage point margin increase in the North America (GMNA) segment to 8.6%.
• Adjusted automotive free cash flow surged 78% year-over-year to $5.0 billion, demonstrating strong cash generation.