Ford Raises Full-Year Profit Forecast for 2026 Despite Quarterly Loss
Despite reporting a quarterly net loss of $1.32 billion, Ford Motor Company raised its full-year adjusted EBIT guidance to between $10 billion and $11 billion in July 2026. The company attributed the Q2 revenue decline from $50.18 billion to $48.29 billion primarily to lower wholesale volumes due to product discontinuations, aluminum supply shortages, and reduced first-generation electric vehicle production. Adjusted EBIT increased by $0.4 billion year-on-year to $2.5 billion. Ford Blue saw strong performance with an EBIT of $1.13 billion driven by robust U.S. truck sales, while Ford Pro reported a decline in earnings due to ongoing aluminum constraints from Novelis. The electric vehicle segment (Model e) continued its improvement path despite reporting a loss. For the full year, Ford also raised adjusted free cash flow guidance and cited expected cost savings and IEEPA reimbursement as contributing factors. CEO Jim Farley emphasized that Ford is becoming more profitable and disciplined, with strong pricing power in trucks, off-roaders, hybrids, and new growth areas like Ford Energy.
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