General Motors reported first-quarter 2026 adjusted EBIT of $4.3 billion. Revenue reached $43.6 billion, surpassing Wall Street profit expectations. Solid demand for trucks in North America drove the quarterly performance.
The company raised its full-year 2026 adjusted EBIT guidance by approximately $500 million. This revision follows a favorable U.S. Supreme Court decision regarding tariffs.
Quarterly revenue remained nearly flat year-over-year. Automotive operating cash flow declined during the period. GM stock fell during Tuesday's session as investors attributed the guidance raise to the tariff ruling rather than core operational outperformance.
GM declared a quarterly dividend of $0.18 per share. The automaker also repurchased $800 million of its stock during the first quarter.