General Motors Reaches $50 Billion Quarterly Revenue and Authorizes $20 Billion Share Repurchase
General Motors reported record net revenue of $50.0 billion for the third quarter of 2026, lifting its full-year operating profit projection and initiating a $20.0 billion capital return plan.
- $50.0 billion
- $4.1 billion
- $5.9 billion
- $20.0 billion
What Happened
Third-quarter revenue at General Motors expanded 3 percent year-over-year to $50.0 billion, underpinned by sustained commercial demand for full-size utilities and heavy pickups in North America.
- $50.0 billion
- $4.1 billion (+22% YoY)
- $3.70 (+32% YoY)
“Our core business continues to perform exceptionally well, anchored by disciplined pricing, truck franchise strength, and substantial operating cost efficiencies. We are demonstrating sustainable cash generation across our product portfolio.”
The automaker raised its full-year automotive cash flow guidance to between $11.5 billion and $12.5 billion, while setting aside $20.0 billion for open-ended common share repurchases alongside a steady $0.18 quarterly dividend.
Why this matters
Robust pricing power in internal-combustion pickups and sport-utility vehicles provided sufficient cash generation to expand capital returns while absorbing ongoing electrification expenditures.
Terms in This Story
- Adjusted EBIT
- Earnings before interest and taxes adjusted to exclude non-recurring restructuring charges or asset adjustments.
- Automotive Free Cash Flow
- Net cash generated by vehicle operating activities minus automotive capital expenditures.
A brief summary; details can be imperfect — always verify against the original source.