The General Motors global headquarters in Detroit, Jan. 12, 2026.<\/p>\n
Jeff Kowalsky | Bloomberg | Getty Images<\/p>\n
DETROIT \u2013 General Motors<\/a> beat Wall Street’s fourth-quarter earnings expectations Tuesday, while guiding for another year of “strong financial performance.”<\/p>\n The Detroit automaker, which slightly missed revenue expectations, also announced a 20% increase in its quarterly dividend and a new $6 billion share repurchase authorization.<\/p>\n Here’s how the company performed in the fourth quarter, compared with average estimates compiled by LSEG:<\/p>\n Earnings per share: $2.51 adjusted vs. $2.20 expectedRevenue: $45.29 billion vs. $45.8 billion expected<\/p>\n GM’s 2026 earnings guidance is better than its expectations and results from last year. It includes net income attributable to stockholders of between $10.3 billion and $11.7 billion; adjusted earnings before interest and taxes of $13 billion to $15 billion; and EPS of between $11 and $13 for the year.<\/p>\n Those expectations include anticipated spending of between $10 billion and $12 billion for the automaker, which continues to reevaluate its product portfolio away from all-electric vehicles amid billions of dollars in write-downs<\/a>.<\/p>\n GM’s 2025 results included $2.7 billion in net income attributable to stockholders, or earnings per share of $3.27; EBIT-adjusted earnings of $12.7 billion, or $10.60 per share; and adjusted automotive free cash flow of $10.6 billion.<\/p>\n The company’s 2026 adjusted EPS target is in line with consensus of $11.73 per share, according to LSEG. <\/p>\n For the fourth quarter, the Detroit automaker reported EBIT-adjusted earnings of $2.8 billion and a net loss attributable to stockholders of $3.3 billion. The loss includes more than $7.2 billion in special charges largely related to its pullback in electric vehicles and restructuring efforts in China.<\/p>\n GM pre-announced $7.1 billion of the special charges<\/a> for the fourth quarter earlier this month. The additional special charges included $357 million in “legal matters,” related to OnStar and airbags, $5 million for its recent headquarters<\/a> move and $133 million related to its defunct Cruise robotaxi unit.<\/p>\n Despite the automaker’s ongoing reevaluation, GM CEO and Chair Mary Barra<\/a> said GM remains in a strong position to return capital to shareholders.<\/p>\n The company also said Tuesday that its board is authorizing a new $6 billion share repurchase and increasing its quarterly common stock divided by 3 cents to 18 cents per share.<\/p>\n