Ford Raises Full-Year EBIT Guidance and Pivots Toward Energy Storage and Software
During its Q3 2026 earnings call, Ford Motor Company (F) raised the lower end of its full-year adjusted EBIT guidance to a range of $10.5 billion to $11 billion. The company is strategically diversifying its revenue streams by expanding into grid-scale energy storage and commercial software subscriptions, which already contributed approximately 10% of quarterly revenue. Management highlighted a focus on cost reduction for electric vehicles, specifically targeting the launch of the 'Fathom' platform in Q4 2027 to reach profitability by 2029. Additionally, Ford is leveraging its battery manufacturing capacity in Kentucky and Michigan to serve solar, grid support, and data center customers, with 80% of its 2028 energy capacity already contracted or under negotiation.
Tickers: $F
Topics: commercial services earnings guidance electric vehicles energy storage
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