DETROIT – General Motors on Tuesday reported second-quarter revenue of $48 billion and said it is raising its full-year financial guidance for the second time this year.
The automaker posted net income attributable to stockholders of $1.3 billion and adjusted earnings before interest and taxes of $3.9 billion for the quarter.
GM now expects full-year adjusted earnings to range from $14 billion to $16 billion, up from its previous forecast of $13.5 billion to $15.5 billion.
Based on its updated guidance, GM expects full-year net income attributable to stockholders of $8.4 billion to $9.8 billion, automotive operating cash flow of $15.4 billion to $19.4 billion and diluted earnings per share of $8.98 to $10.98. The outlook does not include the potential impact of future special items.
In addition, GM’s board of directors declared a quarterly cash dividend of 18 cents per share on the company’s common stock. The dividend will be paid Sept. 17 to shareholders of record at the close of trading Sept. 4.
“General Motors delivered another solid quarter of earnings, driven by the appeal of our product portfolio, the agility of our team, and disciplined execution,” Mary Barra, GM chairwoman and CEO, said in a letter to shareholders. “Our employees, our dealers and our suppliers are all making important contributions that continue to drive our success. Their commitment enables us to win in a dynamic market, and their efforts are leading us to raise our 2026 guidance for the second time.”