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General Motors (GM) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 20, 2026
General Motors (GM) reported revenue of $50.0B for the third quarter 2026 (Q3 2026), +3% from a year earlier and +4% from the quarter before. Operating margin was 7.2%, net earnings $3.3B (6.7% of revenue).
General Motors, Q3 2026: revenue $50.0B (+3% year over year), operating margin 7.2%, net earnings $3.3B, operating cash flow $7.3B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $50.0B | +4% | +3% |
| Operating profit | $3.6B | +147% | +234% |
| Net earnings | $3.3B | +156% | +151% |
| Operating cash flow | $7.3B | +15% | +3% |
| Free cash flow | $5.0B | +13% | -0.1% |
What changed
Revenue was $50.0B in Q3 2026, up 3% year over year and up 4% from the previous quarter. Vehicle, parts, and accessories was the largest line at 87% of revenue. Vehicle, parts, and accessories added $1.4B year over year (up 3%), 98% of the total change. Services and other declined 5%.
Operating profit was $3.6B, a 7.2% margin (up 5.0 points year over year). Of the extra revenue versus Q3 2025, 177% reached operating profit, above the 2% margin then. Total costs fell 2% while revenue rose 3%. Net earnings were $3.3B, up 151% year over year. The effective tax rate was 14.3%.
Operating cash flow was $7.3B (up 3% year over year), 217% of net earnings. Non-cash charges added back $2.9B of depreciation and amortization. Working capital and other items added $1.0B. Capital expenditures of $2.3B left free cash flow of $5.0B.
Questions
What was General Motors' revenue in the third quarter 2026?
General Motors (GM) reported revenue of $50.0B for the third quarter 2026 (Q3 2026), +3% from a year earlier and +4% from the quarter before.
Was General Motors profitable in the third quarter 2026?
Operating profit was $3.6B (7.2% of revenue) and net earnings $3.3B.
Source: General Motors 10-Q on SEC EDGAR.