General Motors Q1 Net Income $2.63B, Core Profit +22%, Guidance Raised
General Motors posted Q1 net income of $2.63 billion and adjusted EPS of $3.70, topping the $2.61 estimate while revenue of $43.62 billion trailed $43.94 billion forecasts. Core profit rose 22% on strong U.S. truck sales; GM Financial income reached $514 million and EPS guidance was raised to $11.50–$13.50.
1. Q1 Earnings Overview
General Motors generated first-quarter net income of $2.63 billion, or $2.82 per share, and adjusted earnings per share of $3.70, topping forecasts of $2.61. Revenue reached $43.62 billion, slightly under the $43.94 billion estimate.
2. Core Profit and Tariff Impact
Core profit climbed 22% due to strong U.S. truck sales and lower tariff costs, boosting underlying profitability. Favorable cost dynamics underpinned management’s confidence in margin expansion.
3. GM Financial Results
GM Financial posted net income of $514 million for the quarter, up from $499 million a year earlier, with retail loan originations of $8.3 billion sustaining its financing business.
4. Full-Year Guidance Lifted
The company raised its full-year EPS outlook to a range of $11.50–$13.50, reflecting continued margin gains and tariff benefit realization.