Filing Flows › Ford Motor (F) › Q2 2025
Ford Motor (F) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Ford Motor (F) reported revenue of $50.2B for the second quarter 2025 (Q2 2025), +5% from a year earlier and +23% from the quarter before. Operating margin was 1.0%, net loss $29.0M (0.1% of revenue).
Ford Motor, Q2 2025: revenue $50.2B (+5% year over year), operating margin 1.0%, net loss $29.0M, operating cash flow $6.3B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $50.2B | +23% | +5% |
| Operating profit | $511M | +60% | — |
| Net earnings | −$29.0M | -106% | — |
| Operating cash flow | $6.3B | +72% | +15% |
| Free cash flow | $4.2B | +127% | +24% |
What changed
Revenue was $50.2B in Q2 2025, up 5% year over year and up 23% from the previous quarter. Vehicles, parts, and accessories was the largest line at 90% of revenue. Vehicles, parts, and accessories added $1.7B year over year (up 4%), 70% of the total change.
Operating profit was $0.51B, a 1.0% margin (down 2.9 points year over year). Operating profit fell $1.4B even though revenue rose $2.4B versus a year earlier, so costs grew faster than sales. Total costs grew 8% against revenue growth of 5%. The quarter ended with a net loss of $0.03B, after a profit of $0.47B the previous quarter.
Operating cash flow was $6.3B (up 15% year over year). Non-cash charges added back $1.9B of depreciation and $0.15B of share-based compensation. Working capital and other items added $4.3B. Capital expenditures of $2.1B left free cash flow of $4.2B.
Questions
What was Ford Motor's revenue in the second quarter 2025?
Ford Motor (F) reported revenue of $50.2B for the second quarter 2025 (Q2 2025), +5% from a year earlier and +23% from the quarter before.
Was Ford Motor profitable in the second quarter 2025?
Operating profit was $511M (1.0% of revenue) and net loss $29.0M.
Source: Ford Motor 10-Q on SEC EDGAR.