General Motors raised its full-year 2026 guidance for the second time this year, citing strong demand and disciplined execution. The company reported second-quarter revenue of $48 billion, up $900 million year-over-year, and adjusted EBIT of $3.9 billion, also up $900 million. North America adjusted EBIT margin reached 8.6%, a 2.5-point improvement from a year ago, while adjusted automotive free cash flow surged to $5 billion in the quarter, a $2.2 billion increase. GM now expects full-year adjusted EBIT of $14 billion to $16 billion, adjusted diluted EPS of $12 to $14, and adjusted automotive free cash flow of $9.5 billion to $11.5 billion. The company also repurchased $2 billion in shares during the quarter, bringing first-half buybacks to $2.8 billion, and ended the period with an automotive cash balance of $19.7 billion.
General Motors CompanyGM raised 2026 guidance, reported strong Q2 earnings with revenue and EBIT up, and repurchased $2B in shares.