Ford posts $1.3B Q2 loss on $4.2B charges from BOSK exit and EV program cancellations

Filed July 29, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 31, 2025 · ~2 min read

Key Changes

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  Ford closed the BOSK battery JV disposition in May 2026, exiting the partnership entirely and assuming $3.8B in DOE debt for two Kentucky plants. The transaction triggered $3.6B in charges ($2.9B equity-method, $0.7B cost-of-sales) and eliminated $4.9B in guarantee exposure.

  Notes: BOSK JV disposition verify on EDGAR →
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  EV program cancellations announced in December 2025 (three planned EVs plus F-150 Lightning) resulted in $481M in Q2 2026 charges, with total expected charges now up to $2B (previously $1.5B for a single program).

  MD&A: EV program cancellations verify on EDGAR →
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  Federal Circuit reinstated $82M of jury damages in Versata trade-secret litigation (reduced from $105M to $3 by trial court), with a new trial ordered on additional trade-secret claims. Ford's rehearing petition remains pending.

  Legal Proceedings: Versata verify on EDGAR →