8-K·October 20, 2026 at 7:02 AM EDT·3 sources
General Motors Revenue Rises Despite Selling Fewer Cars
GM -1.7%
GM · last 30 trading days-8.3% since the news
News
Third-quarter profit$3.34 billion
Prior-year third-quarter profit$1.33 billion
Earnings per share$3.73
Prior-year earnings per share$1.35
What happened
- General Motors reported third-quarter profit of $3.34 billion, up from $1.33 billion a year earlier.
- Earnings per share rose to $3.73 from $1.35, despite selling fewer cars.
- The story headline says revenue increased, but the provided source does not state revenue figures.
Third-quarter profit
$3.34 billion
Prior-year third-quarter profit
$1.33 billion
Earnings per share
$3.73
Prior-year earnings per share
$1.35
Why it matters
The results are relevant to corporate-finance and industrials professionals because GM generated substantially higher profit despite lower vehicle sales. The limited source does not explain the drivers of the improvement.
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Timeline
- EarlierOct 19Stock Market Today: Stock Futures Rebound After Friday's Tech Selloff
- First reported by The Wall Street JournalOct 20General Motors Revenue Rises Despite Selling Fewer Cars
- 8-K current reportOct 20General Motors Financial Company, Inc.: Results of operations
- 8-K current reportOct 20General Motors Co: Results of operations
Sources (3)
- The Wall Street JournalOct 20General Motors Revenue Rises Despite Selling Fewer Cars
- SEC EDGAROct 20General Motors Financial Company, Inc.: Results of operations
- SEC EDGAROct 20General Motors Co: Results of operations
Related
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- Oct 19 · Stock Market Today: Stock Futures Rebound After Friday's Tech Selloff
- Oct 21 · GM Aims to Bring ‘Eyes-Off’ Driving to AI-Powered Cars Within 2 Years
- Oct 21 · GM aims to leapfrog rivals with new generation of autonomous cars
- Oct 21 · GM is betting compute and AI will help it compete with Chinese automakers
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