Click to enlarge.
General Motors (NYSE: GM) today reported Q3 2026 revenue of $50.0 billion, net income attributable to stockholders of $3.3 billion, and EBIT-adjusted of $4.1 billion. The company is updating its full-year 2026 EBIT-adjusted guidance, narrowing the range. The company expects net income attributable to stockholders to be $8.9 billion to $9.5 billion; Automotive operating cash flow to be $17.3 billion to $20.3 billion; and EPS-diluted to be $9.72 to $10.72 based on its updated guidance and the impact of adjustments recorded year to date.
“GM is performing well, and we are working hard to continue our momentum despite growing inflationary pressures through strategic investments in new products and services, and through improved quality and operating efficiency. Over the next several years, our portfolio will only get stronger as we complete the launches of the all-new 2027 Chevrolet Silverado and GMC Sierra light duty pickups and follow them with our next-generation heavy duty pickups, our next-generation full-size SUVs, all-new Cadillac sedans and crossovers, and more,” said Mary Barra chair and CEO of General Motors.
“OnStar and Super Cruise also continue to grow rapidly. For the full year we are on track to approach $7.5 billion in margin-accretive deferred revenue from software and services. Trucks will be a big driver of incremental Super Cruise adoption and digital revenue in 2027 as we make the technology standard on high-end Silverado and Sierra trims, and optional on most others. We are expecting Super Cruise penetration in our truck portfolio to grow 4-5x next year We are also expanding our capabilities in autonomous technology for the highway, starting with the Cadillac Escalade IQ in 2028, developing innovative battery technologies like LMR, and building even stronger relationships with our customers.
“The compelling products, technology, and services we are delivering for customers around the world make us confident in the consistent, long-term growth of our earnings and cash generation, as well as our ability to return capital to shareholders. We think this is a proven strategy. The new $20 billion multi-year share repurchase authorization we announced today further demonstrates our Board’s commitment to creating even greater shareholder value,” said Barra.
GM Financial Results Guidance (Updated 2026 / Previous 2026)
- EBIT-adjusted $14.5 billion – $15.5 billion. Updated to $14.0 billion – $16.0 billion
- Adjusted automotive free cash flow $11.5 billion – $12.5 billion. Updated to $9.5 billion – $11.5 billion
- EPS-diluted-adjusted $12.75 – $13.75. Updated to $12.00 – $14.00
GM Board Approves Share Repurchase Program, Quarterly Dividend
GM also announced it has completed the $6.0 billion share repurchase program announced in January of 2026. The Board of Directors has approved a new $20.0 billion multi-year share repurchase authorization. The new share repurchase program, which has no expiration date, will be executed in accordance with applicable securities laws and regulations and may be suspended or discontinued at any time at the company’s discretion. As of 30 September 2026, the company had 849 million shares outstanding, down from 904 million at the end of 2025. There were 995 million shares outstanding at the end of 2024, and 1.2 billion at the end of 2023. GM also announced today that its Board of Directors has declared a quarterly cash dividend on the company’s outstanding common stock of $0.18 per share, payable 17 December 2026, to holders of the company’s common stock at the close of trading on4 December 2026.
UAW President Shawn Fain Blasts Corporate Greed at GM
“This company has spent $30 billion on stock buybacks and dividends in the past 5 years alone, while kicking and screaming about costs during our 2023 negotiations. We will remember when we are back at the bargaining table in 2028. Let’s be clear about what stock buybacks really are. They are a form of legalized mass looting, sending billions of dollars generated by the working class directly to Wall Street investors who’ve never seen the inside of a factory,” said UAW President Shawn Fain right after the GM earnings announcements.
“Why don’t 80% of GM’s autoworkers have a pension and retirement healthcare, as they did for half a century? Because someone on Wall Street is collecting their pension check in the form of a goddamn stock buyback. Why is GM nickel and diming their retirees while lavishing shareholders with billions? Because this company has sold its soul to Wall Street.
“Who benefits? The majority of stocks in this country are held by the wealthiest one percent. Who’s the largest individual shareholder at GM? CEO Mary Barra, who made $48 million in 2025, a 60% raise in a year. And just five Wall Street firms — companies like Blackrock and State Street — will get nearly $7 billion out of this scam. Corporate America is destroying this country by looting the rust belt to pay off millionaires and billionaires for short term gain, while our factories sit empty and our working class falls further behind.
“GM hasn’t built a new plant in this country in 20 years. When GM is spending $20 billion buying back their own stock but only half that investing in factories, equipment, and productive capacity, they are choosing Wall Street profits over blue collar America. When we bargained our UAW contract with GM in 2023, the media and the company acted like it was the end of the world for autoworkers to get a raise. But there’s always tens of billions of dollars for Wall Street. So when we return to the bargaining table with GM in 2028, I want the American public, the American politicians, and the American autoworker to remember this day. If there’s $20 billion for Wall Street, you better believe there’s our fair share for the working class,” said Fain. [Fain has several constructive points – AutoCrat.]
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
GM Q3 2026 Net $3.3B. More Share Buybacks Coming
Click to enlarge.
General Motors (NYSE: GM) today reported Q3 2026 revenue of $50.0 billion, net income attributable to stockholders of $3.3 billion, and EBIT-adjusted of $4.1 billion. The company is updating its full-year 2026 EBIT-adjusted guidance, narrowing the range. The company expects net income attributable to stockholders to be $8.9 billion to $9.5 billion; Automotive operating cash flow to be $17.3 billion to $20.3 billion; and EPS-diluted to be $9.72 to $10.72 based on its updated guidance and the impact of adjustments recorded year to date.
“GM is performing well, and we are working hard to continue our momentum despite growing inflationary pressures through strategic investments in new products and services, and through improved quality and operating efficiency. Over the next several years, our portfolio will only get stronger as we complete the launches of the all-new 2027 Chevrolet Silverado and GMC Sierra light duty pickups and follow them with our next-generation heavy duty pickups, our next-generation full-size SUVs, all-new Cadillac sedans and crossovers, and more,” said Mary Barra chair and CEO of General Motors.
“OnStar and Super Cruise also continue to grow rapidly. For the full year we are on track to approach $7.5 billion in margin-accretive deferred revenue from software and services. Trucks will be a big driver of incremental Super Cruise adoption and digital revenue in 2027 as we make the technology standard on high-end Silverado and Sierra trims, and optional on most others. We are expecting Super Cruise penetration in our truck portfolio to grow 4-5x next year We are also expanding our capabilities in autonomous technology for the highway, starting with the Cadillac Escalade IQ in 2028, developing innovative battery technologies like LMR, and building even stronger relationships with our customers.
“The compelling products, technology, and services we are delivering for customers around the world make us confident in the consistent, long-term growth of our earnings and cash generation, as well as our ability to return capital to shareholders. We think this is a proven strategy. The new $20 billion multi-year share repurchase authorization we announced today further demonstrates our Board’s commitment to creating even greater shareholder value,” said Barra.
GM Financial Results Guidance (Updated 2026 / Previous 2026)
GM Board Approves Share Repurchase Program, Quarterly Dividend
GM also announced it has completed the $6.0 billion share repurchase program announced in January of 2026. The Board of Directors has approved a new $20.0 billion multi-year share repurchase authorization. The new share repurchase program, which has no expiration date, will be executed in accordance with applicable securities laws and regulations and may be suspended or discontinued at any time at the company’s discretion. As of 30 September 2026, the company had 849 million shares outstanding, down from 904 million at the end of 2025. There were 995 million shares outstanding at the end of 2024, and 1.2 billion at the end of 2023. GM also announced today that its Board of Directors has declared a quarterly cash dividend on the company’s outstanding common stock of $0.18 per share, payable 17 December 2026, to holders of the company’s common stock at the close of trading on4 December 2026.
UAW President Shawn Fain Blasts Corporate Greed at GM
“This company has spent $30 billion on stock buybacks and dividends in the past 5 years alone, while kicking and screaming about costs during our 2023 negotiations. We will remember when we are back at the bargaining table in 2028. Let’s be clear about what stock buybacks really are. They are a form of legalized mass looting, sending billions of dollars generated by the working class directly to Wall Street investors who’ve never seen the inside of a factory,” said UAW President Shawn Fain right after the GM earnings announcements.
“Why don’t 80% of GM’s autoworkers have a pension and retirement healthcare, as they did for half a century? Because someone on Wall Street is collecting their pension check in the form of a goddamn stock buyback. Why is GM nickel and diming their retirees while lavishing shareholders with billions? Because this company has sold its soul to Wall Street.
“Who benefits? The majority of stocks in this country are held by the wealthiest one percent. Who’s the largest individual shareholder at GM? CEO Mary Barra, who made $48 million in 2025, a 60% raise in a year. And just five Wall Street firms — companies like Blackrock and State Street — will get nearly $7 billion out of this scam. Corporate America is destroying this country by looting the rust belt to pay off millionaires and billionaires for short term gain, while our factories sit empty and our working class falls further behind.
“GM hasn’t built a new plant in this country in 20 years. When GM is spending $20 billion buying back their own stock but only half that investing in factories, equipment, and productive capacity, they are choosing Wall Street profits over blue collar America. When we bargained our UAW contract with GM in 2023, the media and the company acted like it was the end of the world for autoworkers to get a raise. But there’s always tens of billions of dollars for Wall Street. So when we return to the bargaining table with GM in 2028, I want the American public, the American politicians, and the American autoworker to remember this day. If there’s $20 billion for Wall Street, you better believe there’s our fair share for the working class,” said Fain. [Fain has several constructive points – AutoCrat.]
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.