GM Q3 FY2026: net income more than doubles; Q4 guide steps down
GM's third quarter was its strongest of the year: net income more than doubled to $3.34 billion and adjusted operating profit rose 21.6% to $4.11 billion. But the company's own full-year range implies a fourth quarter well below this pace. Read the quarter as a solid operating print, and the guidance as management telling you the back half flatters the trend.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS of $3.73 landed essentially on the $3.7366 consensus, and adjusted EPS of $3.70 was up from $2.80 a year ago. The gap between the two is small: $0.27 of adjustments, offset by a $0.23 tax benefit and a $0.06 tax effect. Nothing in the headline depends on a one-off gain doing the lifting.
Total revenue reached $50.02 billion, up 2.9% from $48.59 billion a year earlier. Note the $45.71 billion figure in the data feed is automotive net sales only; GM Financial's $4.31 billion is added on top, less $3 million of eliminations, to reach $50.02 billion. North America did the work at $41.42 billion, while GM International contributed $4.09 billion.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-10-20
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