Filing Flows › General Motors (GM) › Q2 2026 › vs Q1 2026
General Motors (GM) Q2 2026 vs Q1 2026 (quarter over quarter)
General Motors's revenue rose $4.4B (+10%) from $43.6B in Q1 2026 to $48.0B in Q2 2026. The biggest changes: Vehicle, parts, and accessories +$4.1B (+11%); Used vehicles +$207M (+49%); Services and other +$62.0M (+4%). Operating margin 3.0% against 6.7% (-3.7 pts).
General Motors, Q2 2026: revenue $48.0B (+2% year over year), operating margin 3.0%, net earnings $1.3B, operating cash flow $6.4B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 3.0% | 6.7% | -3.7 pts |
| Net margin | 2.7% | 6.0% | -3.3 pts |
| Free cash flow margin | 9.2% | 3.3% | +5.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Vehicle, parts, and accessories | $41.6B | $37.4B | $4.1B | +11% |
| Services and other | $1.5B | $1.5B | $62.0M | +4% |
| Used vehicles | $632M | $425M | $207M | +49% |
| Other revenues | $4.3B | $4.3B | −$10.0M | -0.2% |
| Revenue | $48.0B | $43.6B | $4.4B | +10% |
| Operating profit | $1.5B | $2.9B | −$1.5B | -50% |
| Costs & expenses | $46.6B | $40.7B | $5.9B | +14% |
| Pre-tax earnings | $1.6B | $3.3B | −$1.8B | -53% |
| Net earnings | $1.3B | $2.6B | −$1.3B | -50% |
| Minority interests | $49.0M | $78.0M | −$29.0M | -37% |
| Income tax | $214M | $642M | −$428M | -67% |
| Depreciation & amortization | $3.1B | $3.0B | $97.0M | +3% |
| Working capital & other | $1.9B | −$2.7B | $4.6B | — |
| Operating cash flow | $6.4B | $3.0B | $3.4B | +115% |
| Free cash flow (OCF − capex) | $4.4B | $1.4B | $3.0B | +207% |
| Capital expenditures | $1.9B | $1.5B | $430M | +28% |
Questions
How much did General Motors's revenue grow quarter over quarter in Q2 2026?
General Motors's revenue rose $4.4B (+10%) from $43.6B in Q1 2026 to $48.0B in Q2 2026.
What drove General Motors's revenue change in Q2 2026?
Vehicle, parts, and accessories +$4.1B (+11%); Used vehicles +$207M (+49%); Services and other +$62.0M (+4%).