GM Q3 2026 Earnings — Income Statement Breakdown
For its Q3 2026 period (ending 2026-09-30), GM reported revenue of $50.0B, gross profit of $5.6B (11.2% gross margin), operating income of $3.6B, and net income of $3.3B (6.6% net margin). The flow of revenue into costs and profit is visualized below.
What changed
GM was profitable; revenue grew 2.9% year over year, and revenue beat consensus by 2.5%.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +2.9% | +149.1% | +3.9 pp |
| Quarter over quarter | +4.1% | +156.8% | +3.9 pp |
Consensus revenue estimate was $48.8B; reported revenue was +2.5% versus consensus. EPS was $3.70 versus $3.69 expected.
GM Q3 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $50.0B | 100% |
| Cost of Revenue | −$44.4B | 88.8% |
| Gross Profit | $5.6B | 11.2% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$2.0B | 4.1% |
| Operating Income | $3.6B | 7.2% |
| Interest Expense | −$162M | 0.3% |
| Other Income, net | $507M | 1.0% |
| Income Tax Expense | −$565M | 1.1% |
| Net Income | $3.3B | 6.6% |
Source: original SEC filing (filed 2026-10-20). Accession 0001467858-26-000056. Data normalized by EarningsFyi.