Filing Flows › General Motors (GM) › Q2 2026 › vs Q2 2025
General Motors (GM) Q2 2026 vs Q2 2025 (year over year)
General Motors's revenue rose $904M (+2%) from $47.1B in Q2 2025 to $48.0B in Q2 2026. The biggest changes: Vehicle, parts, and accessories +$585M (+1%); Services and other +$199M (+15%); Used vehicles +$108M (+21%). Operating margin 3.0% against 4.5% (-1.5 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 3.0% | 4.5% | -1.5 pts |
| Net margin | 2.7% | 4.0% | -1.3 pts |
| Free cash flow margin | 9.2% | 10.1% | -0.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Vehicle, parts, and accessories | $41.6B | $41.0B | $585M | +1% |
| Services and other | $1.5B | $1.3B | $199M | +15% |
| Used vehicles | $632M | $524M | $108M | +21% |
| Other revenues | $4.3B | $4.3B | $12.0M | +0.3% |
| Revenue | $48.0B | $47.1B | $904M | +2% |
| Operating profit | $1.5B | $2.1B | −$668M | -31% |
| Costs & expenses | $46.6B | $45.0B | $1.6B | +3% |
| Pre-tax earnings | $1.6B | $2.4B | −$807M | -34% |
| Net earnings | $1.3B | $1.9B | −$590M | -31% |
| Minority interests | $49.0M | −$1.0M | $50.0M | — |
| Income tax | $214M | $481M | −$267M | -56% |
| Depreciation & amortization | $3.1B | $3.0B | $76.0M | +3% |
| Working capital & other | $1.9B | $2.0B | −$40.0M | -2% |
| Operating cash flow | $6.4B | $6.9B | −$554M | -8% |
| Free cash flow (OCF − capex) | $4.4B | $4.8B | −$359M | -8% |
| Capital expenditures | $1.9B | $2.1B | −$195M | -9% |
Questions
How much did General Motors's revenue grow year over year in Q2 2026?
General Motors's revenue rose $904M (+2%) from $47.1B in Q2 2025 to $48.0B in Q2 2026.
What drove General Motors's revenue change in Q2 2026?
Vehicle, parts, and accessories +$585M (+1%); Services and other +$199M (+15%); Used vehicles +$108M (+21%).