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Ford Motor Company (NYSE: F) posted Q1 2026 financial results.* They showed revenue of $48.3 billion, down $1.9 billion year-over-year; a net loss of $1.3 billion, down $1.3 billion year-over-year, adjusted EBIT of $2.5 billion, up $0.4 billion year-over-year. As predicted, the net loss includes a $3.6 billion largely non-cash special item charge tied to the previously announced disposition of the BlueOval SK (BOSK) joint venture.
“We delivered another strong quarter and raised our full-year guidance, but the more important story is the growing evidence that Ford is becoming a more profitable, more disciplined and genuinely different company,” claimed Ford President and CEO Jim Farley. “Our iconic trucks, off-roaders and hybrids are commanding real pricing power; our quality is now industry-leading in the U.S.; and profitable new adjacencies, such as Ford Energy, are opening fresh sources of growth.”
Ford Q2 2026 Financial Results at a Glance
- FMC Second-quarter revenue was $48.3 billion, down $1.9 billion year-over-year.
- FMC net loss was $1.3 billion, down $1.3 billion year-over-year.
- adjusted EBIT was $2.5 billion, up $0.4 billion year-over-year. (As expected, the net loss includes a $3.6 billion largely non-cash special item charge tied to the sale of the BlueOval SK (BOSK) joint venture.).
- Operating cash flow was $4.3 billion; adjusted free cash flow of $2.1 billion.
- FMC declares a third-quarter regular dividend of 15 cents per share.
- FMC raises full-year adjusted EBIT guidance to $10 billion to $11 billion (from $8.5 billion to $10.5 billion) and adjusted free cash flow to $6.0 billion to $7.0 billion (from $5.0 billion to $6.0 billion) .
- Ford Pro generated $1.7 billion of EBIT on $17.8 billion of revenue, at a 9.7% EBIT margin. EBIT was down $0.6 billion year-over-year as it continues to recover from temporary Novelis-related aluminum supply constraints.
- Ford Blue reported $1.1 billion of EBIT on $26.1 billion of revenue — EBIT up $0.5 billion year-over-year and revenue up 1%.
- Ford reported the highest share of revenue in the U.S. truck segment, and off-road trims accounted for nearly a quarter of Ford U.S. sales. Ford Model e reported a second-quarter EBIT loss of $919 million on $1.0 billion of revenue — the third consecutive quarter of year-over-year EBIT improvement.
- Ford Credit reported second-quarter earnings before taxes of $757 million, up $112 million compared to a year ago. These results reflect strong financing margin, a high-quality portfolio, and a disciplined approach to capital and risk management.
- Ford Pro generated $1.7 billion of EBIT on $17.8 billion of revenue, at a 9.7% EBIT margin. EBIT was down $0.6 billion year-over-year as it continues to recover from temporary Novelis-related aluminum supply constraints.
Full-Year 2026 Outlook Raised
Building on strong first-half results, FMC is raising full-year 2026 guidance. Ford now expects the following for full-year 2026:
- Adjusted EBIT of $10.0 billion to $11.0 billion (from $8.5 billion to $10.5 billion).
- Adjusted free cash flow of $6.0 billion to $7.0 billion (from $5.0 billion to $6.0 billion), which now includes expected 2026 cash recovery of approximately $500 million of the $1.3 billion IEEPA reimbursement recorded in the first quarter.
- Capital expenditures of $9.5 billion to $10.5 billion, unchanged from prior guidance.
By segment, Ford Now Expects:
- Ford Blue EBIT of $5.0 billion to $5.5 billion (from $4.5 billion to $5.0 billion),
- Ford Pro EBIT of $7.0 billion to $7.5 billion (from $6.5 billion to $7.5 billion).
- Ford Model e loss of approximately $4.0 billion (from loss of $4.0 billion to $4.5 billion). This includes about $1 billion in incremental investment for the Universal Electric Vehicle (UEV) platform and Ford Energy, mostly weighted toward the second half of the year.
- Ford Credit earnings before taxes above $2.5 billion (from about $2.5 billion).
Key Assumptions:
- S. seasonally adjusted annual selling rate (SAAR) of 16.0 million to 16.5 million units.
- Full-year U.S. industry net pricing up about 0.5%.
- On track to deliver approximately $1 billion in material and warranty cost reductions, offset by approximately $1 billion of investment in Universal EV and Ford Energy.
- Novelis year-over-year impact of about $1 billion – a net EBIT tailwind heavily weighted to the second half.
“Ford delivered another solid quarter, reflecting a resilient underlying business and disciplined execution,” said CFO Sherry House. “Our team is improving the way we operate – sharpening our industrial system, fundamentally reducing costs, and partnering in global markets for speed and efficiency. We are not just executing to plan; we are building a company able to perform through a wide range of uncertainties, and that gives us confidence in the earnings power we’re creating.”
*AutoInformed on
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Ford Motor Posts Q2 2026 Net Loss of $1.3B
Click to Enlarge.
Ford Motor Company (NYSE: F) posted Q1 2026 financial results.* They showed revenue of $48.3 billion, down $1.9 billion year-over-year; a net loss of $1.3 billion, down $1.3 billion year-over-year, adjusted EBIT of $2.5 billion, up $0.4 billion year-over-year. As predicted, the net loss includes a $3.6 billion largely non-cash special item charge tied to the previously announced disposition of the BlueOval SK (BOSK) joint venture.
“We delivered another strong quarter and raised our full-year guidance, but the more important story is the growing evidence that Ford is becoming a more profitable, more disciplined and genuinely different company,” claimed Ford President and CEO Jim Farley. “Our iconic trucks, off-roaders and hybrids are commanding real pricing power; our quality is now industry-leading in the U.S.; and profitable new adjacencies, such as Ford Energy, are opening fresh sources of growth.”
Ford Q2 2026 Financial Results at a Glance
Full-Year 2026 Outlook Raised
Building on strong first-half results, FMC is raising full-year 2026 guidance. Ford now expects the following for full-year 2026:
By segment, Ford Now Expects:
Key Assumptions:
“Ford delivered another solid quarter, reflecting a resilient underlying business and disciplined execution,” said CFO Sherry House. “Our team is improving the way we operate – sharpening our industrial system, fundamentally reducing costs, and partnering in global markets for speed and efficiency. We are not just executing to plan; we are building a company able to perform through a wide range of uncertainties, and that gives us confidence in the earnings power we’re creating.”
*AutoInformed on
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.