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Ford Motor (F) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 29, 2026

Ford Motor (F) reported revenue of $48.3B for the second quarter 2026 (Q2 2026), -4% from a year earlier and +12% from the quarter before. Operating margin was 1.3%, net loss $1.3B (2.7% of revenue).

Revenue$48.3B
Year over year-4%
Quarter over quarter+12%
Operating margin1.3%
Net earnings−$1.3B

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 follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$48.3B+12%-4%
Operating profit$638M-73%+25%
Net earnings−$1.3B-152%—
Operating cash flow$4.3B+230%-31%
Free cash flow$2.0B—-54%

What changed

Revenue was $48.3B in Q2 2026, down 4% year over year and up 12% from the previous quarter. Vehicles, parts, and accessories was the largest line at 88% of revenue. Vehicles, parts, and accessories lost $2.5B year over year (down 5%), 131% of the total change.

Operating profit was $0.64B, a 1.3% margin (up 0.3 points year over year). Total costs fell 4% while revenue fell 4%. The quarter ended with a net loss of $1.3B, after a profit of $2.6B the previous quarter. Net interest and other expense of $2.7B was the main reason.

Operating cash flow was $4.3B (down 31% year over year). Non-cash charges added back $1.9B of depreciation and $0.10B of share-based compensation. Working capital and other items added $3.7B. Capital expenditures of $2.4B left free cash flow of $2.0B.

Questions

What was Ford Motor's revenue in the second quarter 2026?

Ford Motor (F) reported revenue of $48.3B for the second quarter 2026 (Q2 2026), -4% from a year earlier and +12% from the quarter before.

Was Ford Motor profitable in the second quarter 2026?

Operating profit was $638M (1.3% of revenue) and net loss $1.3B.

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Source: Ford Motor 10-Q on SEC EDGAR.