Earnings Releases·Oct 28, 2026, 4:07 PM ET

Ford Motor Company — Third Quarter 2026 Earnings Summary

**Financial Results:** Third-quarter revenue declined 2% to $49.5 billion and net income fell to $2.0 billion; however, adjusted EBIT rose 4% to $2.7 billion with an improved margin of 5.4%, while adjusted free cash flow increased to $4.7 billion.
**Guidance Update:** Management raised the low end of full-year 2026 adjusted EBIT guidance to $10.5 billion–$11 billion (previously $10 billion–$11 billion), maintaining full-year adjusted free cash flow guidance of $6 billion–$7 billion.
**Segment Performance:** Ford Blue revenue dropped 3% to $27.1 billion due to volume declines, Ford Model e revenue fell 31% to $1.2 billion despite a 25% improvement in EBIT losses, and Ford Pro revenue grew 2% to $1.78 billion.
**Strategic Outlook:** The company is advancing its transformation with the launch of the UEV platform and Ford Energy, targeting an 8% adjusted EBIT margin by 2029, while noting commodity headwinds of nearly $2.5 billion and a U.S. SAAR assumption of 16.5 million units.
**Capital Return:** A fourth-quarter regular dividend of 15 cents per share was declared, payable December 1, with the company holding $25.3 billion in cash and $46.4 billion in total liquidity at quarter-end.