Ford reports Q2 loss on $3.6B battery JV charge, raises full-year EBIT guidance to $10-11B

Filed July 28, 2026 · Period ending July 28, 2026 · ~1 min read

Key Changes

• high

  Q2 net loss of $1.3B includes $3.6B largely non-cash charge for BlueOval SK battery JV disposition; adjusted EBIT rose $0.4B year-over-year to $2.5B on improved operations despite lower volumes.

  Exhibit 99 view on EDGAR →
• high

  Full-year adjusted EBIT guidance raised to $10.0-11.0B (from $8.5-10.5B) and adjusted free cash flow to $6.0-7.0B (from $5.0-6.0B), each up $500M at midpoint.

  Exhibit 99 view on EDGAR →
• high

  Ford Blue EBIT improved $0.5B to $1.1B; Ford Pro EBIT declined $0.6B to $1.7B due to Novelis aluminum supply constraints; Model e loss narrowed for third consecutive quarter to $919M.

  Exhibit 99 view on EDGAR →