Ford Motor Company (F) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Ford Motor Company published the results on October 28, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Ford Motor Company reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Ford's segment revenue is from its 10-Q. Ford Blue, Ford Model e and Ford Pro exclude transactions between those segments, and the Ford Credit row is the Ford Credit revenue line in the consolidated income statement.
• Ford guides adjusted EBIT, adjusted free cash flow and capital spending. It does not guide GAAP net income or EPS, which it says include special items that are difficult to predict.

Source: Ford Q3 2026 results, October 28, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Ford Motor Company splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Ford Motor Company's Ford Blue revenue was $27.1 billion in Q3 2026, down 3% from $28.0 billion in Q3 2025, 55% of total revenue.
• Ford Motor Company's Ford Model e revenue was $1.2 billion in Q3 2026, down 31% from $1.8 billion in Q3 2025, 2% of total revenue.
• Ford Motor Company's Ford Pro revenue was $17.8 billion in Q3 2026, up 2% from $17.4 billion in Q3 2025, 36% of total revenue.
• Ford Motor Company's Ford Credit revenue was $3.4 billion in Q3 2026, up 3% from $3.3 billion in Q3 2025, 7% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Ford Motor Company said:

“Reflecting confidence in its full-year trajectory and planned investment cadence, Ford now expects full-year adjusted EBIT between $10.5 billion and $11 billion.”

“Adjusted free cash flow and capital expenditures expectations remain at $6 billion to $7 billion and $9.5 billion to $10.5 billion, respectively.”

“By segment, the company now expects Ford Blue EBIT of about $5.5 billion; Ford Pro EBIT of about $7 billion; Ford Model e losses of about $4 billion; and Ford Credit EBT of about $2.8 billion.”

“Company guidance does not include potential impacts of a significant escalation of the conflict in the Middle East or a material downturn in the U.S. economy, either or both of which could each have a substantial impact on industry demand.”

Source: Ford Q3 2026 release, Oct 28, 2026.

This is the company's own guidance as of Oct 28, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the F forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP total revenues and diluted EPS, each as first reported in that quarter's release. Ford's Q4 2025 release states fourth-quarter revenue only as $45.9 billion, so the Q4 2025 revenue here is the full-year figure ($187,267 million) minus the first nine months ($141,377 million); its diluted EPS of -$2.77 is as printed in the release.

We do not hold a confirmed date for Ford Motor Company's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 28, 2026

Ford Motor Company had total revenues of $49,526 million in Q3 2026, down 2% from $50,534 million. Of that, $46,082 million came from the automotive business (Ford excluding Ford Credit) and $3,444 million from Ford Credit. Ford sorts its vehicle business into three segments: Ford Blue (gas and hybrid vehicles for retail customers), Ford Model e (electric vehicles) and Ford Pro (commercial, government and rental customers). (Ford Q3 2026 release, Oct 28, 2026; Ford Form 10-Q, Q3 2026, Oct 29, 2026)

Ford Blue revenue was $27,079 million, against $28,018 million, as wholesales fell 10% to 657 thousand units. Ford put the decline down to the end of Escape and Corsair production in North America and Focus production in Europe and, to a lesser extent, the Middle East conflict, partly offset by favorable mix and exchange. (Ford Form 10-Q, Q3 2026, Oct 29, 2026)

Ford Pro revenue rose 2% to $17,772 million on favorable product mix, even though wholesales fell 4% to 358 thousand units. Higher Super Duty and F-150 wholesales were a partial offset as Ford began to recover production lost after the September 2025 and November 2025 fires at a plant of Novelis, a major aluminum supplier. (Ford Form 10-Q, Q3 2026, Oct 29, 2026)

Ford Model e revenue fell 31% to $1,223 million, with wholesales down 31% to 34 thousand units after the F-150 Lightning was discontinued and Mustang Mach-E production was cut to match demand. In December 2025 Ford said it would cancel three planned EVs and end production of the current F-150 Lightning. (Ford Form 10-Q, Q3 2026, Oct 29, 2026)

Total wholesales were 1,049 thousand units, down 9% from 1,156 thousand. The United States is Ford's largest market: in 2025 it sold 2.2 million vehicles there for a 13.2% share of industry volume, according to its 10-K. (Ford Q3 2026 release, Oct 28, 2026; Ford Form 10-K, 2025, Feb 11, 2026)

Ford's diluted EPS was $0.50 in Q3 2026, against $0.60, and adjusted EPS was $0.49, against $0.45. Adjusted figures exclude special items, which were a net $127 million pre-tax charge in the quarter: $175 million for the EV program cancellations announced in December 2025, $154 million for legal matter(s) and $78 million of restructuring in Europe, partly offset by a $320 million pension and OPEB remeasurement gain. (Ford Form 10-Q, Q3 2026, Oct 29, 2026)

Taxes explain most of the GAAP decline. A year earlier Ford booked a $630 million tax benefit; in Q3 2026 it had a $97 million provision, an effective tax rate of 4.5%, helped by a $179 million benefit from restructuring its South American legal entities. The adjusted effective tax rate was 13.0%. (Ford Q3 2026 release, Oct 28, 2026; Ford Form 10-Q, Q3 2026, Oct 29, 2026)

Company adjusted EBIT was $2,658 million, a 5.4% margin, against $2,586 million. By segment, Ford Blue earned $1,392 million of EBIT, Ford Pro $1,665 million and Ford Credit $803 million before taxes, while Ford Model e lost $1,058 million. Diluted shares were 4,076 million, against 4,048 million, and Ford spent $311 million buying back common stock in the first nine months. (Ford Q3 2026 release, Oct 28, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Ford gives a full-year outlook in its release for adjusted EBIT, adjusted free cash flow, capital spending and segment profit, not for GAAP EPS. With Q3 2026 results it raised the low end of adjusted EBIT guidance to between $10.5 billion and $11 billion, from $10 billion to $11 billion, and kept adjusted free cash flow at $6 billion to $7 billion and capital expenditures at $9.5 billion to $10.5 billion. (Ford Q3 2026 release, Oct 28, 2026)

By segment Ford expects Ford Blue EBIT of about $5.5 billion, Ford Pro EBIT of about $7 billion, Ford Model e losses of about $4 billion and Ford Credit EBT of about $2.8 billion. The guidance assumes a U.S. SAAR of 16.5 million units, commodity headwinds approaching $2.5 billion and $1 billion in material and warranty cost reductions. (Ford Q3 2026 release, Oct 28, 2026)

A consensus figure is the average of the models published by the analysts who cover Ford Motor Company, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Ford Motor Company's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning F is on is F a buy or a sell?, what analysts expect next is on the F forecast, and what the company does is on the Ford Motor Company (F) stock page.

Every number on this page can be traced to a document Ford Motor Company published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.