Ford Motor Co reported second-quarter 2026 results with revenue of $48.3B, a 3.8% decline from $50.18B a year earlier, and diluted loss per share of ($0.33). The company recorded a net loss attributable to shareholders of ($1.33B) versus ($36M) in the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$48.3B$50.18B(3.8%) | Net income²($1.33B)($36M)(3586.1%) | Diluted EPS³($0.33)($0.01)(3200%) |
¹ Reported as “Total revenues (Note 3)”. ² Reported as “Net income/(loss) attributable to Ford Motor Company”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue and channel mix: First-half revenue was roughly flat year‑over‑year ($90.8B vs $91.5B); Q2 declined about 4% as lower Model e and Pro wholesales were partially offset by Ford Blue mix and pricing gains.
- Brand & product momentum: Ford Blue EBIT improved driven by favorable mix, pricing and strength in parts and accessories despite lower wholesales and an aluminum supply disruption.
- Electrification & Model e: Model e wholesales fell 53% year‑over‑year; Model e EBIT losses narrowed as Gen‑1 losses declined, though the company canceled select EV programs and increased investment in Model e.
- Operations & supply resilience: Aluminum supply disruption and temporary sourcing costs pressured Ford Pro results; management mitigated impacts through pricing, mix adjustments and inventory/workaround actions.
- Liquidity & investment: Ford is maintaining a cash target above $20B to fund electrification, offtake commitments and capital spending while guiding 2026 adjusted EBIT and free cash flow.
Original SEC Filing:
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