Ford Motor Co

Company facts

Industry

Motor Vehicles & Passenger Car Bodies

Headquarters

Dearborn, Michigan

Most recent report

10-Q, filed Jul 29, 2026

Incorporated

Delaware

Filings on record

1,012+ filings

On EDGAR

CIK 37996

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 5 of 9 sections worth reading, with 3 positive, 6 notable, and 7 negative flags.

• Part I

  Core financials with BOSK exit, DOE loan, and segment results.
  Negative

  • BOSK exit caused $2.9B equity charge and $0.7B cost of sales in Q2 2026.

• Financial Statements (Item 1)

  Financials and MD&A with major Q2 results, special items, segment shifts, and guidance.
  Positive

  • Non-GAAP metrics improved: adj. EBIT $2,503M (+$363M), margin 5.2%, adj. EPS $0.42, adj. ROIC 13.2% in Q2 2026.
  • Ford Blue EBIT rose to $1,135M in Q2 2026 from $661M, margin improved to 4.4% from 2.6%.
  • Ford Model e EBIT loss narrowed to $919M from $1,329M in Q2 2026, but revenue fell 56%.
  Notable

  • About $3B tariff reimbursements expected, including $1.3B IEEPA; $0.5B IEEPA cash in H2 2026.
  • Pre-tax special items $4,179M in Q2 2026: BOSK JV disposition $3,612M, EV cancellations $481M.
  • Guidance raised: adjusted EBIT $10-11B, free cash flow $6-7B; Ford Pro $7-7.5B, Ford Blue $5-5.5B, Model e loss ~$4B.
  Negative

  • Novelis aluminum supply disruption lowered Ford Pro production; expect partial recovery in H2 2026.
  • GAAP operating cash flow down to $4.3B, revenue down 4%, net loss of $1,327M, diluted EPS loss $0.33 in Q2 2026.
  • Ford Pro EBIT fell 26% to $1,718M from $2,318M, margin dropped to 9.7% from 12.3% in Q2 2026.
  • Ford Credit U.S. loss-to-receivables rose to 52 bps from 48 bps, reflecting higher repossessions.
  • Company adjusted free cash flow fell to $2.1B in Q2 2026 from $2.8B; first-half total only $0.2B.

• Management's Discussion (Item 2)

  Reveals Q2 net loss and strong sales growth.
  Notable

  • Equity fell $0.3B to $35.7B as $1.5B in dividends and buybacks exceeded net income.

• Legal Proceedings (Item 1)

  Versata award reinstated to $82 million; material new risk.
  Notable

  • Brazilian tax collateral could exceed $1 billion; Ford expects to use assets/bonds, not cash, so far under $100M posted.
  Negative

  • Federal Circuit reinstated $82 million Versata award; Ford seeks rehearing; final amount unclear.

• Exhibits (Item 6)

  Multiple credit agreement amendments and a new loan arrangement signal major financing changes in Q2 2026.
  Notable

  • Five credit amendments and a new loan arrangement in Q2 2026; terms not disclosed here but refer to 8-K filings.

What changed: Jun 2026 vs. Mar 2026

About 7% of F's Jun 2026 10-Q is new information. 37 paragraphs were added, 163 changed, and 33 removed. Below are the most important lines SECSift identified.

• Item 1 83
• Part I 56
• Item 6 15
• Item 3 3
• Item 2 2
• Item 4 2
• Item 5 1