Ford Reports Q2 2026 Revenue of $48.3B, Raises Full-Year Profit Outlook by $1B
Ford generated $48.3 billion in revenue and $2.5 billion in adjusted EBIT in Q2 2026, raising its full-year profit outlook by $1 billion despite a $1.3 billion GAAP net loss from a planned joint venture charge.
- $48.3 billion
- $2.5 billion (+17% YoY)
- $10 billion - $11 billion
- 1.6 million (+50% YoY)
What Happened
Ford reported second-quarter 2026 financial results that highlight strong operational performance and strategic investments. The company generated $48.3 billion in revenue and $2.5 billion in adjusted EBIT, a 17% increase year-over-year. Adjusted free cash flow was $2.1 billion, bringing total liquidity to over $43 billion.
$48.3 billionUSD
Second quarter 2026
$2.5 billionUSD
Up 17% year-over-year
- Strong operational results led to a $1 billion increase in full-year adjusted EBIT outlook to $10-$11 billion.
- A GAAP net loss of $1.3 billion was driven by a $3.6 billion special item charge from the BlueOval SK joint venture disposition and EV program cancellations, over $3 billion non-cash.
- Ford Blue delivered $1.1 billion in EBIT, up 72% year-over-year, led by strong F-Series, Bronco, and Maverick Hybrid sales.
- Paid software subscriptions grew 50% to 1.6 million, including over 900,000 Ford Pro Intelligence subscriptions.
Ford's quality improvements earned it the No. 1 ranking in the J.D. Power 2026 Initial Quality Study among mainstream brands. The company aims to take $1 billion in warranty and material costs out this year. Meanwhile, Ford Energy signed a milestone agreement with EDF Power Solutions and targets 20 gigawatt-hours of annual battery energy storage capacity by late 2027.
$22.3 billionUSD
End of Q2 2026
15 cents per shareUSD
Regular quarterly dividend
Why this matters
Ford's strong second-quarter results show its Ford+ plan is delivering, with revenue and profit growth even as it takes a one-time charge for restructuring its BlueOval SK joint venture. The improved outlook signals confidence in its core business, benefiting investors and highlighting progress in quality, cost discipline, and recurring software revenue. Beginners see how automakers balance short-term losses for long-term investments in areas like battery…
Terms in This Story
- Adjusted EBIT
- Earnings before interest and taxes, adjusted for one-time items to reflect ongoing operations.
- GAAP net loss
- Net loss reported under Generally Accepted Accounting Principles, including one-time charges.
Summarised from the linked release; details can be imperfect — always verify against the original source.