OpenNashEarnings

Automotive · NYSE: F

Ford earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends December · next results expected around 9 Feb 2027

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q3 2026

Third-quarter revenue of $49.5 billion; net income of $2 billion; adjusted EBIT of $2.7 billion

Ford took in $49.5 billion in revenue in the third quarter, 2% below a year ago, as it ended older models like Escape and Corsair. Net income was $2 billion and adjusted EBIT was $2.7 billion, up 3%. Adjusted free cash flow was $4.7 billion. Ford Blue (gas and hybrid vehicles) and Ford Pro (commercial vehicles) earned less, while Ford Credit and the Model e loss both improved. Software services and parts set revenue records.

Read the Q3 2026 summary →Q3 2026 slides (PDF) ↗Official transcript (PDF) ↗

Quarters

KPI history

Revenue$49.5B−2.0% y/yQ3 2026
Q4 2024: $48.2B (worked out from the annual figure)Q4 ’24$48.2BQ1 2025: $40.7BQ1 ’25$40.7BQ2 2025: $50.2BQ2 ’25$50.2BQ3 2025: $50.5BQ3 ’25$50.5BQ4 2025: $45.9B (worked out from the annual figure)Q4 ’25$45.9BQ1 2026: $43.3BQ1 ’26$43.3BQ2 2026: $48.3BQ2 ’26$48.3BQ3 2026: $49.5BQ3 ’26$49.5B

Fourth quarter worked out from the annual figure.

Data
Q4 2024$48.2B *
Q1 2025$40.7B
Q2 2025$50.2B
Q3 2025$50.5B
Q4 2025$45.9B *
Q1 2026$43.3B
Q2 2026$48.3B
Q3 2026$49.5B
Diluted EPS (GAAP)$0.50−16.7% y/yQ3 2026
Q1 2025: $0.12Q1 ’25$0.12Q2 2025: -$0.01Q2 ’25-$0.01Q3 2025: $0.60Q3 ’25$0.60Q1 2026: $0.63Q1 ’26$0.63Q2 2026: -$0.33Q2 ’26-$0.33Q3 2026: $0.50Q3 ’26$0.50
Data
Q1 2025$0.12
Q2 2025-$0.01
Q3 2025$0.60
Q1 2026$0.63
Q2 2026-$0.33
Q3 2026$0.50

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Operating margin2.9%−0.2 pts y/yQ3 2026
Q4 2024: 2.6%Q4 ’242.6%Q1 2025: 0.8%Q1 ’250.8%Q2 2025: 1.0%Q2 ’251.0%Q3 2025: 3.1%Q3 ’253.1%Q4 2025: -25.2%Q4 ’25-25.2%Q1 2026: 5.4%Q1 ’265.4%Q2 2026: 1.3%Q2 ’261.3%Q3 2026: 2.9%Q3 ’262.9%
Data
Q4 20242.6%
Q1 20250.8%
Q2 20251.0%
Q3 20253.1%
Q4 2025-25.2%
Q1 20265.4%
Q2 20261.3%
Q3 20262.9%
Free cash flow$3.1B−40.5% y/yQ3 2026
Q4 2024: $530.0MQ4 ’24$530.0MQ1 2025: $1.9BQ1 ’25$1.9BQ2 2025: $4.2BQ2 ’25$4.2BQ3 2025: $5.3BQ3 ’25$5.3BQ4 2025: $1.1BQ4 ’25$1.1BQ1 2026: -$1.1BQ1 ’26-$1.1BQ2 2026: $2.0BQ2 ’26$2.0BQ3 2026: $3.1BQ3 ’26$3.1B
Data
Q4 2024$530.0M
Q1 2025$1.9B
Q2 2025$4.2B
Q3 2025$5.3B
Q4 2025$1.1B
Q1 2026-$1.1B
Q2 2026$2.0B
Q3 2026$3.1B

Operating cash flow minus capital expenditure, from cash flow statements.

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$48.2Bd$40.7B$50.2B$50.5B$45.9Bd$43.3B$48.3B$49.5B
Operating income$1.2Bd$319.0M$511.0M$1.6B-$11.6Bd$2.3B$638.0M$1.5B
Operating margin2.6%0.8%1.0%3.1%-25.2%5.4%1.3%2.9%
Net income$1.8Bd$471.0M-$36.0M$2.4B-$11.1Bd$2.6B-$1.3B$2.0B
Diluted EPS—$0.12-$0.01$0.60—$0.63-$0.33$0.50
Operating cash flow$3.0Bd$3.7B$6.3Bd$7.4Bd$3.9Bd$1.3B$4.3Bd$5.4Bd
Capital expenditure$2.5Bd$1.8B$2.1B$2.1Bd$2.8Bd$2.4B$2.4Bd$2.3Bd
Free cash flow$530.0M$1.9B$4.2B$5.3B$1.1B-$1.1B$2.0B$3.1B

From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings