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GM Reports $43.6 Billion Net Revenue in Q1 2026, Marks Sixth Straight Profitable Quarter in China

From:Internet Info Agency 2026-04-29 11:23:00

General Motors Releases First-Quarter 2026 Financial Results, Reporting Net Revenue of $43.6 Billion (Approx. RMB 298 Billion), Net Income of $2.6 Billion, Adjusted EBIT of $4.3 Billion, Adjusted Diluted EPS of $3.70, and Adjusted Automotive Free Cash Flow of $1.3 Billion. The Company’s Overall Financial Performance Exceeded Market Expectations and Raised Full-Year Guidance. China Has Achieved Profitability for Six Consecutive Quarters, Becoming a Key Growth Pillar for GM’s Global Operations. In Q1 2026, GM Delivered Solid Sales in China and Achieved Year-over-Year Profit Growth Through Rigorous Production and Inventory Management. The Company Stated It Is Leveraging Product Strength and Operational Excellence to Expand in High-Value Segments and Strengthen Its Competitive Position in China. Based on Strong First-Quarter Results, GM Raised Its Full-Year 2026 Financial Outlook: - Net Income Expected Between $9.9 Billion and $11.4 Billion - Adjusted EBIT Expected Between $13.5 Billion and $15.5 Billion - Automotive Free Cash Flow Expected Between $16.8 Billion and $20.8 Billion - Adjusted Automotive Free Cash Flow Expected Between $9.0 Billion and $11.0 Billion - Diluted EPS Expected Between $10.62 and $12.62 - Adjusted Diluted EPS Expected Between $11.50 and $13.50

Editor:NewsAssistant