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GM posts Q3 revenue of $50B, approves $20B buyback program

October 20, 2026 6:30 AM

General Motors (NYSE: GM) reported third-quarter 2026 revenue of $50.0 billion, net income attributable to stockholders of $3.3 billion, and EBIT-adjusted of $4.1 billion, according to a company press release.



The automaker narrowed its full-year 2026 EBIT-adjusted guidance to a range of $14.5 billion to $15.5 billion, compared with a prior range of $14.0 billion to $16.0 billion. GM also updated its full-year adjusted automotive free cash flow guidance to $11.5 billion to $12.5 billion, up from the prior range of $9.5 billion to $11.5 billion. Full-year EPS-diluted-adjusted guidance was set at $12.75 to $13.75, compared with the prior range of $12.00 to $14.00.



The company said it has completed the $6.0 billion share repurchase program announced in January 2026. GM's board of directors approved a new $20.0 billion multi-year share repurchase authorization with no expiration date. The program may be suspended or discontinued at any time at the company's discretion.



As of September 30, 2026, GM had 849 million shares outstanding, down from 904 million at the end of 2025, 995 million at the end of 2024, and 1.2 billion at the end of 2023.



The board also declared a quarterly cash dividend of $0.18 per share on common stock, payable December 17, 2026, to holders of record at the close of trading on December 4, 2026.



For the quarter ended September 30, 2026, GM North America EBIT-adjusted was $3.6 billion, up from $2.5 billion in the same period a year earlier. GM International EBIT-adjusted was $28 million, down from $226 million. GM Financial EBT-adjusted was $668 million, compared with $804 million in the prior-year period. Diluted EPS was $3.73, compared with $1.35 a year earlier. Adjusted diluted EPS was $3.70, compared with $2.80.

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