The Detroit-based manufacturer cited improved operational performance as the driver behind its upwardly revised forecast. GM now expects full-year adjusted EBIT to land between $14 billion and $16 billion, up from its previous estimate of $13.5 billion to $15.5 billion. The company also boosted its outlook for adjusted automotive free cash flow, projecting a range of $9.5 billion to $11.5 billion.
While revenue grew 1.9% compared to the same period in 2025, net income attributable to stockholders fell by 31.1% year-over-year. Management pointed to significant adjustments, including costs related to the strategic realignment of its electric vehicle manufacturing footprint and restructuring actions in China, as key factors influencing the bottom line. Chair and CEO Mary Barra and CFO Paul Jacobson are scheduled to discuss these results with the investment community today at 8:30 a.m. ET.
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