General Motors raised its full-year 2026 guidance after reporting $8.2 billion in first-half EBIT-adjusted earnings and $92 billion in revenue.
General Motors increased its 2026 full-year guidance following stronger-than-expected second-quarter results, driven by steady North American demand, disciplined pricing, and lower warranty costs. The automaker reported $48 billion in Q2 revenue, up $900 million year over year, while first-half EBIT-adjusted earnings reached $8.2 billion on $92 billion in revenue.
Adjusted diluted earnings per share rose over 35% to $7.27, marking the company’s best first-half adjusted EPS performance. GM’s U.S. full-size pickup market share exceeded 42% in the first half, more than 10 percentage points ahead of its closest competitor, despite inventory constraints.
CEO Mary Barra highlighted consistent pricing and robust demand for pickups and SUVs, while CFO Paul Jacobson noted reduced electric vehicle losses as a key contributor to profitability.