GM Financial Reports Second Quarter 2026 Operating Results

• Second quarter net income of $432 million
• Second quarter retail loan and operating lease originations of $14.2 billion
• Earning assets of $125.5 billion at June 30, 2026
• Available liquidity of $33.3 billion at June 30, 2026

FORT WORTH, Texas--(BUSINESS WIRE)--GENERAL MOTORS FINANCIAL COMPANY, INC.

(“GM Financial” or the “Company”) announced net income of $432 million for the quarter ended June 30, 2026, compared to $510 million for the quarter ended June 30, 2025. Net income for the six months ended June 30, 2026 was $946 million, compared to $1.0 billion for the six months ended June 30, 2025.

Retail loan originations were $10.0 billion for the quarter ended June 30, 2026, compared to $8.3 billion for the quarter ended March 31, 2026, and $9.5 billion for the quarter ended June 30, 2025. Retail loan originations for the six months ended June 30, 2026 were $18.3 billion, compared to $19.1 billion for the six months ended June 30, 2025. The outstanding balance of retail finance receivables was $76.1 billion at June 30, 2026, compared to $74.9 billion at March 31, 2026 and $77.8 billion at June 30, 2025.

Operating lease originations were $4.1 billion for the quarter ended June 30, 2026, compared to $4.0 billion for the quarter ended March 31, 2026 and $5.4 billion for the quarter ended June 30, 2025. Operating lease originations for the six months ended June 30, 2026 were $8.2 billion, compared to $10.4 billion for the six months ended June 30, 2025. Leased vehicles, net was $32.9 billion at June 30, 2026, compared to $33.3 billion at March 31, 2026 and $33.2 billion at June 30, 2025.

The outstanding balance of commercial finance receivables was $16.5 billion at June 30, 2026, compared to $15.7 billion at March 31, 2026 and $16.7 billion at June 30, 2025.

Retail finance receivables 31-60 days delinquent were 2.4% of the portfolio at June 30, 2026 and 2.1% at June 30, 2025. Accounts more than 60 days delinquent were 1.0% of the portfolio at June 30, 2026 and 0.8% at June 30, 2025.

Annualized net charge-offs were 1.3% of average retail finance receivables for the quarter ended June 30, 2026 and 1.1% for the quarter ended June 30, 2025. For the six months ended June 30, 2026, annualized retail charge-offs were 1.4%, compared to 1.2% for the six months ended June 30, 2025.

The Company had total available liquidity of $33.3 billion at June 30, 2026, consisting of $5.1 billion of cash, cash equivalents and marketable debt securities, $24.0 billion of borrowing capacity under secured credit facilities, $1.2 billion of borrowing capacity under committed unsecured credit facilities, $1.0 billion of borrowing capacity under the Junior Subordinated Revolving Credit Facility from GM, and $2.0 billion of borrowing capacity under the GM Revolving 364-Day Credit Facility.

About GM Financial

General Motors Financial Company, Inc. is the wholly owned captive finance subsidiary of General Motors Company and is headquartered in Fort Worth, Texas. Additional materials addressing the Company’s results of operations for the quarter ended June 30, 2026 can be accessed via the Investor Relations section of the Company’s website at https://investor.gmfinancial.com.

General Motors Financial Company, Inc. Condensed Consolidated Statements of Income (Unaudited, in millions)
	Three Months Ended June 30,				Six Months Ended June 30,
		2026		2025		2026		2025
Revenue
Finance charge income	$	2,006	$	2,048	$	3,972	$	4,073
Leased vehicle income		1,970		1,940		3,955		3,842
Other income		291		267		617		503
Total revenue		4,267		4,255		8,543		8,419
Costs and expenses
Operating expenses		610		523		1,194		1,035
Leased vehicle expenses		1,133		1,052		2,346		2,105
Provision for loan losses		389		354		656		682
Interest expense		1,542		1,638		3,080		3,235
Total costs and expenses		3,674		3,567		7,276		7,058
Equity income (loss)		13		16		27		28
Income (loss) before income taxes		605		704		1,294		1,389
Income tax expense (benefit)		174		194		348		379
Net income (loss)		432		510		946		1,009
Less: cumulative dividends on preferred stock		30		30		59		59
Net income (loss) attributable to common shareholder	$	402	$	480	$	887	$	950
Amounts may not add due to rounding.

Condensed Consolidated Balance Sheets (Unaudited, in millions)
	June 30, 2026		December 31, 2025
ASSETS
Cash and cash equivalents	$	4,987	$	5,826
Finance receivables, net of allowance for loan losses of $2,866 and $2,725		89,716		90,045
Leased vehicles, net		32,881		33,686
Goodwill and intangible assets		1,180		1,177
Equity in net assets of nonconsolidated affiliates		1,178		1,117
Related party receivables		552		515
Other assets		8,197		8,110
Total assets	$	138,691	$	140,477
LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities
Secured debt	$	46,416	$	46,904
Unsecured debt		65,303		67,127
Deferred income		2,292		2,494
Related party payables		238		136
Other liabilities		8,502		8,004
Total liabilities		122,751		124,664
Total shareholders' equity		15,939		15,813
Total liabilities and shareholders' equity	$	138,691	$	140,477
Amounts may not add due to rounding.

Operational and Financial Data (Unaudited, Dollars in millions) Amounts may not add due to rounding
	Three Months Ended June 30,				Six Months Ended June 30,
Originations		2026		2025		2026		2025
Retail finance receivables originations	$	10,047	$	9,534	$	18,300	$	19,098
Lease originations		4,129		5,398		8,176		10,382
Total originations	$	14,176	$	14,932	$	26,476	$	29,480

	Three Months Ended June 30,				Six Months Ended June 30,
Average Earning Assets		2026		2025		2026		2025
Average retail finance receivables	$	75,551	$	77,577	$	75,380	$	77,264
Average commercial finance receivables		16,053		16,628		15,940		17,392
Average finance receivables		91,604		94,205		91,320		94,656
Average leased vehicles, net		33,196		32,786		33,373		32,381
Average earning assets	$	124,800	$	126,990	$	124,693	$	127,038

Ending Earning Assets	June 30, 2026		December 31, 2025
Retail finance receivables	$	76,064	$	75,404
Commercial finance receivables		16,519		17,365
Leased vehicles, net		32,881		33,686
Ending earning assets	$	125,463	$	126,456

Finance Receivables	June 30, 2026			December 31, 2025
Retail
Retail finance receivables	$	76,064		$	75,404
Less: allowance for loan losses		(2,801	)		(2,656	)
Total retail finance receivables, net		73,262			72,748
Commercial
Commercial finance receivables		16,519			17,365
Less: allowance for loan losses		(65	)		(68	)
Total commercial finance receivables, net		16,454			17,297
Total finance receivables, net	$	89,716		$	90,045

Allowance for Loan Losses	June 30, 2026		December 31, 2025
Allowance for loan losses as a percentage of retail finance receivables	3.7	%	3.5	%
Allowance for loan losses as a percentage of commercial finance receivables	0.4	%	0.4	%

Delinquencies	June 30, 2026		June 30, 2025
Loan delinquency as a percentage of retail finance receivables:
31 - 60 days	2.4	%	2.1	%
Greater than 60 days	1.0		0.8
Total	3.4	%	2.9	%

	Three Months Ended June 30,						Six Months Ended June 30,
Charge-offs and Recoveries		2026			2025			2026			2025
Charge-offs	$	535		$	488		$	1,076		$	967
Less: recoveries		(281	)		(270	)		(551	)		(520	)
Net charge-offs	$	253		$	217		$	525		$	446
Net charge-offs as an annualized percentage of average retail finance receivables		1.3	%		1.1	%		1.4	%		1.2	%

	Three Months Ended June 30,				Six Months Ended June 30,
Operating Expenses	2026		2025		2026		2025
Operating expenses as an annualized percentage of average earning assets	2.0	%	1.7	%	1.9	%	1.6	%