General Motors Q3 2026 Results: Eighth Straight Profitable Quarter in China, Net Profit Above RMB 22 Billion
Recently, General Motors released its third-quarter 2026 financial report, announcing that the Chinese market has been profitable for eight consecutive quarters.
Net revenue for the third quarter reached $50 billion, with net profit at $3.3 billion and adjusted EBIT at $4.1 billion. Adjusted cash flow from automotive operations was $5.9 billion for the quarter.
In August, General Motors renewed its agreement with SAIC Motor until 2047, maintaining profitability in the Chinese market for eight consecutive quarters. In the third quarter, the share of electric vehicle sales exceeded 60%.
General Motors' latest financial projections for 2026 anticipate adjusted EBIT of $14.5 to $15.5 billion and adjusted cash flow from automotive operations of $11.5 to $12.5 billion. The projected adjusted diluted earnings per share is between $12.75 and $13.75.
(Text/Autohome, Yao Yu)