Filing Flows › Ford Motor (F) › Q3 2026 › vs Q3 2025
Ford Motor (F) Q3 2026 vs Q3 2025 (year over year)
Ford Motor's revenue fell $1.0B (-2%) from $50.5B in Q3 2025 to $49.5B in Q3 2026. The biggest changes: Revenues from sales and services −$1.4B (-3%); Used vehicles +$156M (+23%); Leasing income +$105M (+8%). Operating margin 2.9% against 3.1% (-0.1 pts).
Ford Motor, Q3 2026: revenue $49.5B (-2% year over year), operating margin 2.9%, net earnings $2.0B, operating cash flow $5.4B. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 2.9% | 3.1% | -0.1 pts |
| Net margin | 4.1% | 4.8% | -0.7 pts |
| Free cash flow margin | 6.3% | 10.4% | -4.1 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Vehicles, parts, and accessories | $44.2B | $45.5B | −$1.3B | -3% |
| Financing income | $2.0B | $2.0B | −$47.0M | -2% |
| Revenues from sales and services | $46.2B | $47.5B | −$1.4B | -3% |
| Leasing income | $1.5B | $1.3B | $105M | +8% |
| Services and other revenue | $1.0B | $926M | $96.0M | +10% |
| Used vehicles | $843M | $687M | $156M | +23% |
| Insurance income | $36.0M | $40.0M | −$4.0M | -10% |
| Revenue | $49.5B | $50.5B | −$1.0B | -2% |
| Other income, net | $692M | $260M | $432M | +166% |
| Operating profit | $1.5B | $1.6B | −$104M | -7% |
| Costs & expenses | $48.1B | $49.0B | −$904M | -2% |
| Pre-tax earnings | $2.1B | $1.8B | $328M | +18% |
| Cost of revenue | $42.1B | $43.4B | −$1.3B | -3% |
| SG&A | $3.1B | $2.7B | $339M | +12% |
| Other operating costs | $2.8B | $2.8B | $20.0M | +0.7% |
| Net earnings | $2.0B | $2.4B | −$399M | -16% |
| Income tax | $97.0M | −$630M | $727M | — |
| Depreciation | $2.0B | $2.0B | $14.0M | +0.7% |
| Share-based compensation | $113M | $134M | −$21.0M | -16% |
| Working capital & other | $1.3B | $2.8B | −$1.6B | -55% |
| Operating cash flow | $5.4B | $7.4B | −$2.0B | -27% |
| Free cash flow (OCF − capex) | $3.1B | $5.3B | −$2.1B | -40% |
| Capital expenditures | $2.3B | $2.1B | $160M | +8% |
Questions
How much did Ford Motor's revenue grow year over year in Q3 2026?
Ford Motor's revenue fell $1.0B (-2%) from $50.5B in Q3 2025 to $49.5B in Q3 2026.
What drove Ford Motor's revenue change in Q3 2026?
Revenues from sales and services −$1.4B (-3%); Used vehicles +$156M (+23%); Leasing income +$105M (+8%).