Filing Flows › Ford Motor (F) › Q2 2026 › vs Q2 2025
Ford Motor (F) Q2 2026 vs Q2 2025 (year over year)
Ford Motor's revenue fell $1.9B (-4%) from $50.2B in Q2 2025 to $48.3B in Q2 2026. The biggest changes: Revenues from sales and services −$2.5B (-5%); Used vehicles +$323M (+41%); Leasing income +$201M (+16%).
Ford Motor, Q2 2026: revenue $48.3B (-4% year over year), operating margin 1.3%, net loss $1.3B, operating cash flow $4.3B. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 4.1% | 8.4% | -4.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Vehicles, parts, and accessories | $42.7B | $45.2B | −$2.5B | -5% |
| Financing income | $2.0B | $2.0B | −$34.0M | -2% |
| Revenues from sales and services | $44.7B | $47.2B | −$2.5B | -5% |
| Leasing income | $1.5B | $1.3B | $201M | +16% |
| Used vehicles | $1.1B | $780M | $323M | +41% |
| Services and other revenue | $990M | $903M | $87.0M | +10% |
| Revenue | $48.3B | $50.2B | −$1.9B | -4% |
| Income tax benefit | $711M | −$570M | $1.3B | — |
| Net loss | $1.3B | $29.0M | $1.3B | 46× |
| Costs & expenses | $50.3B | $50.2B | $86.0M | +0.2% |
| Operating costs | $47.7B | $49.7B | −$2.0B | -4% |
| Interest & other, net | $2.7B | −$30.0M | $2.7B | — |
| Cost of revenue | $42.2B | $44.2B | −$2.0B | -5% |
| SG&A | $2.7B | $2.7B | −$22.0M | -0.8% |
| Other operating costs | $2.8B | $2.7B | $36.0M | +1% |
| Operating cash sources | $5.7B | $6.3B | −$679M | -11% |
| Depreciation | $1.9B | $1.9B | −$34.0M | -2% |
| Share-based compensation | $101M | $154M | −$53.0M | -34% |
| Working capital & other | $3.7B | $4.3B | −$592M | -14% |
| Net loss absorbed | $1.3B | $29.0M | $1.3B | 46× |
| Operating cash flow | $4.3B | $6.3B | −$2.0B | -31% |
| Free cash flow (OCF − capex) | $2.0B | $4.2B | −$2.3B | -54% |
| Capital expenditures | $2.4B | $2.1B | $294M | +14% |
Questions
How much did Ford Motor's revenue grow year over year in Q2 2026?
Ford Motor's revenue fell $1.9B (-4%) from $50.2B in Q2 2025 to $48.3B in Q2 2026.
What drove Ford Motor's revenue change in Q2 2026?
Revenues from sales and services −$2.5B (-5%); Used vehicles +$323M (+41%); Leasing income +$201M (+16%).