OnStar deferred revenue jumped nearly 50% year over year to $6.3 billion, while recognized revenue increased more than 20% to $800 million.
GM lifted 2026 guidance for adjusted EBIT to $14-$16 billion and adjusted diluted EPS to $12-$14, raising its adjusted automotive free cash flow outlook to $9.5-$11.5 billion.
GM reports stronger second-quarter results
GM posted Q2 2026 adjusted EBIT of $3.9 billion, while adjusted diluted EPS climbed 41% year over year to $3.57.
Adjusted automotive free cash flow rose to $5 billion, up $2.2 billion from a year earlier.
North America adjusted EBIT margin widened 2.5 percentage points to 8.6%, reflecting stronger pricing and lower costs, partly offset by commodity inflation and onshoring expenses.