GM Reports Q1 2026 Earnings and Updates Full-Year Outlook

General Motors released its first-quarter financial results on April 28, 2026, reporting net revenue of $43.6 billion, net income of $2.6 billion, and adjusted EBIT of $4.3 billion. The company attributed its strong performance to its strategic product portfolio and execution synergies, and revised its full-year financial outlook following a U.S. Supreme Court ruling on tariff policy. In terms of market performance, General Motors ranked among the leaders in both overall automotive and battery electric vehicle (BEV) sales in the United States. Its fleet sales led the U.S. market, it maintained its leadership position in the full-size pickup segment, and crossover models accounted for a growing share of total sales. Subscription services also contributed to growth in high-margin revenue. In China, GM has reported profitability for six consecutive quarters. First-quarter 2026 sales remained solid, supported by the launch of multiple new models, including the Cadillac Ceweid, which went on sale in April, and the debut of the Baojun Huajing S—highlighting the company’s advancements in intelligent driving technologies. The company now expects full-year 2026 net income to range between $9.9 billion and $11.4 billion.