GM reports Q4 earnings beat, announces $6 billion stock buyback

General Motors (GM) continued its beardown tally of quarterly performance, with 4th fourth net that topped estimates, successful summation to upping its dividend and instituting a caller $6 cardinal banal buyback plan.

For the quarter, reported gross of $45.29 cardinal vs $45.37 cardinal estimated, down 5.1% compared past year. GM posted Q4 adjusted EPS of $2.51 vs $2.28 expected, connected adjusted EBIT of $2.843 cardinal vs. $2.77 cardinal estimated.

For 2026, GM projects the following:

• Adjusted EBIT successful a scope of $13.0 - 15.0 billion

• Adjusted automotive escaped currency travel of $9.0 - $11.0 billion

• Adjusted EPS (diluted) of $11.00 - $13.00

GM shares were little successful pre-market trading.

"We expect the U.S. caller conveyance marketplace volition proceed to beryllium resilient, and with our compelling conveyance s, exertion -driven services, and operating discipline, 2026 should beryllium an adjacent amended twelvemonth for GM," CEO Mary Barra said successful a statement. "We expect our afloat twelvemonth EBIT -adjusted margins successful North America volition beryllium backmost successful the 8 -10% borderline range."

Due to higher expectations for the year, GM' s committee upped its quarterly dividend by $0.03 to a caller complaint of $0.18 per share, and declared a caller $6 cardinal stock repurchase authorization.

For 2025, GM reported the pursuing versus its guidance:

• Adjusted EBIT successful a scope of $12.7 cardinal vs $12 - $13 billion

• Adjusted automotive escaped currency travel of $10.6 cardinal vs $10 - $11 billion

• Adjusted EPS (diluted) of $10.60 vs $9.75 - $10.50

"We are operating successful a U.S. regulatory and argumentation situation that is progressively aligned with lawsuit demand. As a result, we proceed to onshore much accumulation to conscionable beardown lawsuit request for our vehicles," Barra said.

Last 4th GM CEO Mary Barra said the MSRP tariff offsets announced by the White House past summertime allowed it to boost nett guidance for the year. GM said its full-year tariff vulnerability came successful astatine $3.1 billion, versus the $3.5 cardinal to $4.5 cardinal it projected earlier.

GM said headwinds this twelvemonth see an further $3.0 to $4.0 cardinal successful tariff costs, positive commodity and FX headwinds ($1.0 to $1.5 billion), and onshoring and different costs (approximately $1.0 to $1.5 billion).

Noteworthy is GM claiming EV portion losses would amended by $1.0 to $1.5 billion, and it would admit regulatory benefits of $550 - $750 cardinal owed to savings from not having to acquisition emmisions credits.

Earlier this period GM took an further $6 cardinal complaint to its EV business, citing softer-than-expected request for EVs and the nonaccomplishment of the national EV taxation recognition astatine the extremity of Q3 2025.