Skip to content
OpenCapital
Get started
Income StatementBalance SheetCash FlowSegments
Ford Motor Company logo

Ford Motor Company Income Statement

Revenue, expenses, and profitability over time

Ford Motor Company generated $189.86B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was -$6.1B with a -3.21% net margin. Gross margin stands at 13.42% and operating margin at -3.77%. Diluted EPS is $-1.56, which declined 2.2% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$189.86BGross Profit (TTM)$25.4BOperating Income (TTM)-$7.2BNet Income (TTM)-$6.1BEps Diluted (TTM)$-1.56
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$58.6B
ROE-14.84%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Compensation and benefits$107M$121M$154M$134M$101M$110M
Depreciation and amortization$1.9B$1.8B$1.9B$2B$10.3B$1.9B
Impairment charges$0$2.4B$2.4B$2.4B$2.4B—
Occupancy and equipment$162.5M$186M$186M$186M$186M—
Other operating expenses—$32M———$196M
Provision for credit losses$142M$161M$162M$154M$139M$173M
Research and development$2B$2.4B$2.4B$2.4B$2.4B—
Selling, general and administrative$2.8B$2.4B$2.7B$2.7B$3B$2.8B
Total operating expenses$47B$40.3B$49.7B$49B$57.4B$40.9B

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$0.46$0.12$-0.01$0.61$-2.78$0.64
Diluted earnings per share$0.45$0.12$-0.01$0.60$-2.78$0.63
Weighted-average shares, basic4B4B4B4B4B4B
Weighted-average shares, diluted4B4B4B4B4B4.1B

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from equity method investments$167M$94M-$250M$21M-$3B$160M
Gain (loss) on disposal of assets-$17M$32M$11M$20M$283M$6M
Interest expense$278.8M$288M———$350M
Interest income$396M$351M$368M$379M$392M$316M
Other income (expense), net$1.2B$496M$577M$560M$113M$773M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$6.9B$5.5B$5.9B$7.1B—$7.9B
Operating income$1.2B$319M$511M$1.6B-$11.6B$2.3B

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$2.3B$621M$541M$1.8B-$14.8B$2.9B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$483M$148M$570M-$630M-$3.8B$361M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income attributable to noncontrolling interests$7M$2M$7M$1M$10M$3M
Net income$1.8B$471M-$36M$2.4B-$11.1B$2.6B
Preferred stock dividends—$1.2B———$611M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Advertising costs$700M$675M$675M$675M$675M—
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation-$536M-$2.1B$2.2B$3.8B—-$5.7B
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months$519M$181M-$317M$61M$123M$202M
Dividends declared (in dollars per share)$0.15$0.30$0.15$0.15$0.15$0.15
Comprehensive Income (Loss), Net of Tax, Attributable to Parent$1.2B$952M$880M$2.8B-$10.9B$2.4B
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest$1.2B$954M$886M$2.8B-$10.9B$2.4B
Cost Of Property Repairs And Maintenance$479.8M$534.3M$534.3M$534.3M$534.3M—
Federal$19.5M$17.8M$17.8M$17.8M$17.8M—
Foreign$197.8M$175.3M$175.3M$175.3M$175.3M—
Current State And Local Tax Expense Benefit$26.8M$24.8M$24.8M$24.8M$24.8M—
Debt instrument, designated as a hedging instrument, gain—————$28M
Impairment for credit losses$0$0$0$0$0$0
Federal$6.3M-$351.3M-$351.3M-$351.3M-$351.3M—
Deferred Foreign Income Tax Expense Benefit$75.8M-$657.5M-$657.5M-$657.5M-$657.5M—
Deferred taxes$692M-$54M$266M-$733M-$4B$64M
Deferred and other income taxes$87.5M-$1.1B-$1.1B-$1.1B-$1.1B—
State$8.8M-$126M-$126M-$126M-$126M—
Depreciation$1.9B$1.8B$1.9B$2B$2.1B$1.9B
Depreciation, Depletion, And Amortization, Including Impairment$1.3B$3.4B$3.4B$3.4B$3.4B—
Derivative, Gain (Loss) on Derivative, Net-$445M$155M$163M-$209M$20M-$2M
Segment EBIT/EBT$2.2B$1.1B$2.3B$2.7B$1.4B$3.6B
Effect of exchange rate changes on cash, cash equivalents and restricted cash-$493M$118M$365M——-$120M
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash-$114.5M$133M$133M$133M$133M—
Effective tax rates——$1.1-$0.3$0.3$0.1
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent-1.0%—————
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate0.4%—————
Effective Income Tax Rate Reconciliation, Cross-Border, Other, Amount—-$11.5M-$11.5M-$11.5M-$11.5M—
Other————0.4%—
Tax incentives-2.2%—————
Flow-through operations————-11.1%—
Flow-through operations—$328.3M$328.3M$328.3M$328.3M—
Foreign operations2.9%—————
U.S. tax on non-U.S. earnings-0.2%—————
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Restructuring Charges, Percent0.0%—————
Effective Income Tax Rate Reconciliation Prior Year Income Taxes0.1%—————
State income taxes – net of federal income tax benefit$0$0$0$0$0—
Changes in unrecognized tax benefits————-4.5%—
Effective Income Tax Rate Reconciliation Tax Credits Research————-2.9%—
Effective Income Tax Rate Reconciliation, Tax Credit, Percent5.9%—————
Treasury stock/other -$141M$0$0——-$260M
Distributions of earnings from equity method investees$104.5M$105M$105M$105M$105M—
Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount————$276M—
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Annual Amount————$276M—
Gain (Loss), Foreign Currency Transaction, before Tax$296M-$38M-$24M$64M-$2M$104M
Unrealized Gain (Loss), Foreign Currency Transaction, before Tax-$56.8M$21.8M$21.8M$21.8M$21.8M—
Reduction on cost of sales$26.3M$13.3M$13.3M$13.3M$13.3M—
Diluted earnings per share (in dollars per share)$0.00$0.00$0.00$0.00$0.00—
Income Loss From Continuing Operations Before Income Taxes Domestic$856M-$2.9B-$2.9B-$2.9B-$2.9B—
Income Loss From Continuing Operations Before Income Taxes Foreign$952.3M-$70M-$70M-$70M-$70M—
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions$71M$14M-$275M-$51M-$3.3B$28M
Federal taxes—$13M$13M$13M$13M—
State taxes—$10.5M$10.5M$10.5M$10.5M—
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount—-$621M-$621M-$621M-$621M—
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount—-$80.3M-$80.3M-$80.3M-$80.3M—
Changes in unrecognized tax benefits—$133M$133M$133M$133M—
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount—$85.3M$85.3M$85.3M$85.3M—
Income Taxes Paid, Net$304.5M$155.5M$155.5M$155.5M$155.5M—
Increase (Decrease) in Accounts Payable and Other Operating Liabilities—$3B$4.3B$3.3B$0-$1.2B
Increase (Decrease) in Accounts Receivable and Other Operating Assets$451M$1.3B$2.2B$177M—$1.5B
Increase (Decrease) in Finance Receivables$1.6B-$2.4B-$500M$0-$2.4B-$1.2B
Increase (Decrease) in Inventories-$6.8M$2.7B———$1.4B
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation$3.8B-$6.1B-$1.3B——-$6.2B
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$6.9B$210M-$3.2B-$7.4B-$7.7B-$771M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$3B$3.7B$6.3B$7.4B$3.9B$1.3B
Net Income Loss Attributable To Noncontrolling Interest$7M$2M$7M$1M$10M$3M
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component-$677M-$11M-$14M-$19M$677M-$238M
Number of EV vehicles planned for production, that were canceled—0.750.750.750.75—
Unrealized gains (losses) on available-for-sale securities—$67M$36M$24M$4M-$69M
Unrealized gains (losses) on hedge instruments$652M-$129M-$410M$291M-$67M$131M
Foreign currency translation gains (losses)-$1.3B$521M$1.3B$28M$199M-$257M
Other comprehensive income (loss)-$651M$481M$915M$369M$163M-$170M
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax-$30M-$22M-$17M-$26M-$27M-$25M
All other operating activities$89M$32M$181M$210M—$196M
Payments for (Proceeds from) Derivative Instrument, Investing Activities$94M$180M—$237M$102M-$34M
Payment for (Proceeds from) Other Investing Activity$48M$48M-$228M——$12M
Payments for Repurchase of Common Stock$150M$0$0$0$0$311M
Payments of Ordinary Dividends, Common Stock$596M$1.2B$597M$597M$599M$607M
Payments to Acquire Loans and Leases Held-for-investment$14.8B$11.6B$12.8B$15.6B$15.7B$12.1B
Payments to Acquire Marketable Securities$3.8B$2.4B$2B$2.8B$2.3B$1.7B
Payments to Acquire Productive Assets$2.5B$1.8B$2.1B$2.1B$2.8B$2.4B
Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash—$94M$93M$90M$785M-$136M
Collections of finance receivables$11.3B$11B$11.6B$11.8B$11.4B$11.4B
Proceeds from Equity Method Investment, Distribution, Return of Capital$1.4B$1.7B$0$1M$1M$0
Debt issued (Note 13)$13.7B$12B$8.5B$16.5B$12.7B$12.6B
Financing — other-$37M-$116M-$30M-$54M-$55M-$156M
Proceeds from (Repayments of) Short-Term Debt—-$564M-$546M$704M$1.1B-$2.1B
Proceeds from maturities of marketable securities$1.7B$3.6B$2B$1.9B$2.6B$4B
Cash received from option exercises—$750K$750K$750K$750K—
Standard and Extended Product Warranty Accrual, Decrease for Payments$1.4B$1.5B$1.3B$1.4B$1.5B$1.5B
Product Warranty Accrual Preexisting Increase Decrease$531M$356M$1.2B$102M$578M-$189M
Product Warranty Accrual Warranties Issued$2B$1.7B$1.7B$1.8B$1.6B$1.4B
Impairment charges—$2B$2B$2B$2B—
Repayments of Long-Term Debt$10.1B$16.2B$8.6B$12.7B$12.8B$15.6B
Restructuring incurred cost statement of income or comprehensive income$300M$211.3M$211.3M$211.3M$211.3M—
Royalty income$143M$107M$107M$121M$121M$111M
Property, plant, and equipment additions$2.5B$1.8B$2.1B$2.1B$2.8B$2.4B
Stock-based compensation$107M$121M$154M$134M$101M$110M
Granted (in shares)0———0—
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value$12.49———$10.54—
Percent of share based award available for grant in succeeding calendar year2.0%———2.0%—
Intrinsic value of stock options exercised—$750K$750K$750K$750K—
Special Items, Expense—$110M$1.3B$447M$15.5B$226M
Standard and Extended Product Warranty Accrual, Foreign Currency Translation Gain (Loss)$358M-$29M$98M—$64M-$140M
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period0———450K—
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture$105M$60M$153M$132M$75M-$6M
Stock Issued During Period, Value, Stock Options Exercised—$1.5M$1.5M$1.5M$1.5M—
Invoices confirmed during the period$380.5M$316M$316M$316M$316M—
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions$193.8M$87.5M$87.5M$87.5M$87.5M—
Unrecognized tax benefits, settlements$3.3M$1.8M$1.8M$1.8M$1.8M—
Unrecognized Tax Benefits, Decrease Resulting from Foreign Currency Translation$25.8M—————
Foreign currency effect$25.8M$36.8M$36.8M$36.8M$36.8M—
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions$2.8M$2M$2M$2M$2M—
Additions for tax positions of prior years$128M$126.5M$126.5M$126.5M$126.5M—
Unrecognized tax benefit, interest expense (income)—$17M-$1M$7M$56M$4M
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations$1.3M$750K$750K$750K$750K—
Valuation Allowances And Reserves Charged To Cost And Expense$50.3M-$632.5M-$632.5M-$632.5M-$632.5M—
Valuation Allowances And Reserves Deductions$113.8M$122.8M$122.8M$122.8M$122.8M—
Add: dilutive effect of potential common shares (in shares)$10.8M$0$0$0$0—

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$41.3B$35.2B$44.2B$43.4B$51.6B$35.3B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$48.2B$40.7B$50.2B$50.5B$45.9B$43.3B