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GM lifts 2026 EBIT outlook, Q2 profit jumps 30%

7/21/2026

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Story summary
  • General Motors raised its 2026 adjusted EBIT forecast to $14 billion–$16 billion, up $500 million.
  • Second-quarter core profit rose 30% to $3.9 billion.
  • Adjusted earnings per share reached $3.57, above the $3.20 estimate.
  • Quarterly revenue hit $48.03 billion, surpassing the $47.01 billion forecast.
  • EV-related losses are expected to drop $1 billion–$1.5 billion this year after $10.9 billion in charges since Q2 2025.