GM Set to Report Earnings With $48.59 Billion Revenue in View
Earnings

GM Set to Report Earnings With $48.59 Billion Revenue in View

General Motors is due to report results before the market opens, giving American readers a fresh look at the finances of the country's largest automaker.

Oct 20, 2026 · 5 min read

What Is Happening

General Motors is scheduled to report quarterly earnings before the opening bell, according to CNBC Business. The report puts the automaker's results in front of investors and ordinary Americans at the start of a trading day, rather than after the market closes, which means the numbers will be digested by Wall Street as the session gets under way.

The most recent reference point in the source material is GM's 2025 third-quarter results. That period included $48.59 billion in revenue, net income attributable to stockholders of $1.3 billion and adjusted earnings per share of $2.80. Those figures are the prior reported numbers, not a forecast for the quarter now being reported, and they are the benchmark against which the new release will be read.

No guidance figures, analyst estimates or company outlook were included in the source material. What follows explains what the reported categories mean and who they touch, without projecting what the new numbers will show.

Why the Numbers Matter to American Readers

General Motors is one of the largest employers and manufacturers in the United States, and its quarterly report is one of the clearest public windows into the health of the domestic car business. When GM reports revenue, it is describing how much money came in from selling vehicles and financing them. When it reports net income attributable to stockholders, it is describing what is left after costs, interest and taxes, and after accounting for the portion of profits that belongs to outside owners of certain subsidiaries rather than to GM's own shareholders.

That distinction matters because net income attributable to stockholders is the figure that ultimately backs the earnings reported per share for common shareholders. Adjusted earnings per share, meanwhile, is a company-defined measure that typically strips out items management considers one-time or non-operating. GM has historically reported both figures, and the gap between them can be wide, which is why the two numbers are usually read side by side rather than in isolation.

For readers outside finance, the practical relevance is broader than a stock price. GM's production decisions affect supplier orders across the Midwest and South, dealer inventories on local lots, and the availability and pricing of trucks and SUVs that many American households depend on. A quarterly report does not settle those questions, but it is one of the scheduled moments when the company discloses how the business performed.

The Pre-Market Timing and What It Changes

Reporting before the bell means the release lands outside regular trading hours. In practice, that gives professional and individual investors a window to read the release, the accompanying financial statements and any commentary from management before the market opens. Companies that report pre-market often hold a conference call with analysts shortly afterward, though the source material did not specify call details for this release.

The timing also means that the first regular-session trades in the stock will already reflect whatever the release contains. For long-term shareholders and employees with retirement accounts holding broad index funds, a single automaker's quarterly report is a small input among many. For readers who follow the company closely, the pre-market release is the point at which the reported figures become public.

How to Read the Reported Categories

A quarterly earnings release from a large automaker typically contains several layers, and separating them helps avoid confusion.

  • Revenue: total sales recorded in the period, before costs are subtracted.
  • Net income attributable to stockholders: profit left for GM's shareholders after expenses, taxes and minority interests.
  • Adjusted EPS: a per-share profit measure that excludes items the company designates as adjustments.

Each of these answers a different question. Revenue shows scale. Net income shows what the business kept. Adjusted EPS shows profitability on a per-share basis under the company's own definition. Because adjusted figures are not standardized across companies, comparisons between automakers on that measure require care, and the reconciliation to the closest accounting-standard figure is normally disclosed in the release.

The prior quarter's figures illustrate why the layers are read together. Revenue of $48.59 billion against net income attributable to stockholders of $1.3 billion describes a business with very large sales and comparatively thin margins, which is characteristic of capital-intensive manufacturing. Adjusted EPS of $2.80 is a per-share expression of profitability that readers can compare with the company's own history, though the source material did not provide that history.

What the Report Does and Does Not Tell Us

A single quarter is a snapshot. It describes what happened over roughly three months, not what will happen next. The source material did not include company guidance, analyst expectations, delivery volumes, pricing trends or commentary from executives, so none of those can be stated here.

What the release will do is add a new data point to the public record for a company that touches American employment, manufacturing supply chains and household vehicle costs. Readers who own GM shares directly, work for the company or its suppliers, or are simply tracking the domestic auto industry will get the same set of disclosed figures at the same moment.

It is worth being clear about what this article is not. It is not a view on whether the shares are attractively priced, and it contains no recommendation of any kind. Quarterly results are reported facts, and how any individual weighs them depends on their own circumstances, time horizon and tolerance for risk. Anyone making financial decisions should consider their own situation or consult a qualified professional.

The Bigger Context

The American auto industry is cyclical and capital-intensive, and its quarterly reports tend to draw attention from a wide audience because the products are visible in daily life. GM's results are reported in dollars and cover a business whose factories, dealers and financing arm operate across the United States.

The prior quarter's disclosed figures, $48.59 billion in revenue, $1.3 billion in net income attributable to stockholders and $2.80 in adjusted EPS, are the last reported markers in the source material. The new release will either sit above or below those levels, and the comparison will be made in public within minutes of the opening bell. For now, the confirmed fact is the schedule: General Motors reports before the market opens, and the numbers will be public when it does.

Source: CNBC Business

This article is for information only and is not investment advice, a recommendation, or an offer to buy or sell any security. Figures are sourced from third-party market data providers and may be delayed. Do your own research before investing.