Ford raises 2026 earnings outlook after Q2 loss
Ford Motor Company reported second‑quarter 2026 revenue of $48.3 billion, a net loss of $1.3 billion and adjusted earnings of $0.42 per share, beating analyst expectations of $0.35‑$0.36. The loss was driven mainly by a $3.6 billion non‑cash charge tied to the dissolution of the BlueOval SK battery‑joint venture with SK On, plus $500 million related to an EV program cancellation.
On the same call the automaker lifted its full‑year adjusted EBIT guidance to $10 billion‑$11 billion (up from $8.5‑$10.5 billion) and its adjusted free‑cash‑flow outlook to $6 billion‑$7 billion (up from $5‑$6 billion). CEO Jim Farley said the company is becoming “more profitable, more disciplined and genuinely different,” while CFO Sherry House highlighted stronger pricing, resilient customers and a near‑20% rise in core profit to $2.5 billion. The results sent Ford shares up roughly 6‑7% in after‑hours trading.
Entities: BlueOval SK · Ford Motor Company · General Motors Company · Jefferies Financial Group · Jim Farley · SK On · Sherry House
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 3 SOURCES] Adjusted earnings per share for Q2 2026 were $0.42, above analyst expectations of $0.35‑$0.36. (Company release and Reuters analysis)
- [● 3 SOURCES] Ford's Q2 2026 core profit (adjusted EBIT) was $2.5 billion, roughly a 20% increase year‑over‑year. (Ford earnings release and Reuters)
- [● 5 SOURCES] Ford posted a net loss of $1.3 billion for the quarter. (Ford Q2 2026 earnings releases and Reuters coverage)
- [● 6 SOURCES] Ford reported second‑quarter 2026 revenue of $48.3 billion. (Ford reports Second‑Quarter 2026 Financial Results; Reuters; multiple articles)
- [● 5 SOURCES] Ford raised its full‑year adjusted EBIT guidance for 2026 to $10 billion–$11 billion, up from $8.5 billion–$10.5 billion. (Ford earnings release and Reuters)
- [● 5 SOURCES] Ford raised its full‑year adjusted free‑cash‑flow guidance for 2026 to $6 billion–$7 billion, up from $5 billion–$6 billion. (Ford earnings release and Reuters)
- [● 4 SOURCES] The loss includes a $3.6 billion special‑item charge linked to the dissolution of the BlueOval SK joint venture with SK On. (Company statements and Reuters coverage)
- [● 3 SOURCES] Ford's shares rose about 6‑7% in after‑hours trading following the earnings release. (Market reaction reported by Reuters and other outlets)