Ford Motor (F) earnings Q2 2026

Key Points:

• Ford Motor raised its 2026 earnings forecast after beating second-quarter earnings estimates with adjusted EPS of 42 cents versus 35 cents expected, despite reporting slightly lower-than-expected automotive revenue of $44.89 billion.
• The company increased its full-year adjusted EBIT guidance to $10 billion-$11 billion and raised adjusted free cash flow expectations to $6 billion-$7 billion, partly due to an earlier-than-expected $500 million tariff reimbursement.
• Ford reported a $1.3 billion net loss in Q2, mainly from $4.2 billion in one-time charges related to its EV business restructuring and canceled programs, but cut expected losses in its Model e EV division to about $4 billion.
• Operational improvements, resilient vehicle pricing, and a profitable product mix contributed to Ford's performance, with CEO Jim Farley highlighting the company's progress toward becoming more profitable and disciplined.
• Production issues linked to aluminum supplier Novelis, including two fires, have impacted F-Series truck output, but Ford expects to recover about $2.5 billion in lost vehicle volume and anticipates a $1 billion EBIT improvement in 2026, mostly in the second half.