Ford Motor Company’s latest quarterly results showed a disappointing close to 2025, marked by a large net loss and a notable earnings shortfall relative to market forecasts. In its Ford 2025 earnings, the company reported adjusted earnings per share (EPS) of $0.13, significantly below the estimated $0.18 expected by analysts, signaling one of the company’s largest profit misses in several years. Despite this, the company’s revenue reached about $45.9 billion, exceeding expectations and reflecting continued consumer demand for its core products.
However, after accounting for special charges and costs, Ford recorded a net loss of roughly $11.1 billion for the quarter, a stark contrast to earlier periods of profitability. This result weighed on investor sentiment, though the company’s share price showed modest resilience in after-hours trading following the announcement.
The quarterly earnings were impacted by a range of factors, including tariff costs linked to imported materials and disruptions at key supply partners, which added to production expenses. Ford’s leadership acknowledged these headwinds alongside ongoing challenges in managing costs across its operations, particularly in segments with heavy investment and lower near-term returns.
2025 Full-Year Figures Show Growth With Underlying Pressures
Looking at the full year, the Ford 2025 earnings report presented a mixed financial picture. The automaker achieved a record annual revenue of approximately $187.3 billion, slightly up from the prior year, underscoring its broad market reach and strength in traditional vehicle segments such as trucks and commercial vehicles. Nonetheless, the company’s overall profitability was under pressure, with Ford posting a full-year net loss of about $8.2 billion, driven largely by a series of one-off charges and ongoing losses in its electric vehicle business.
Adjusted earnings before interest and taxes (EBIT) for the full year came in at roughly $6.8 billion, which, while positive, fell short of prior guidance and reflected a decline from the previous year’s figures. The automaker also generated strong operating cash flow, with roughly $21.3 billion for the year, and maintained robust liquidity to support ongoing investments and strategic initiatives.
One of the most significant drags on Ford 2025 earnings was its electric vehicle division, which continued to post steep losses. The company has taken large asset impairment charges and cancelled certain EV program investments, contributing to the net loss figure. Management indicated that efforts to streamline EV costs and refocus product strategy are underway to improve long-term performance.
Management Outlook and Strategic Priorities for 2026
Despite the financial challenges of 2025, Ford’s leadership issued a cautiously optimistic forecast for 2026, emphasizing operational discipline and investments in future growth areas. The company projects adjusted EBIT in the range of $8 billion to $10 billion for the upcoming year, reflecting expectations for improved earnings driven by stronger performance in core vehicle segments and cost management improvements. Additionally, Ford anticipates adjusted free cash flow of $5 billion to $6 billion and plans to invest heavily in next-generation products, including electric vehicles on a more cost-efficient platform and energy storage solutions.
Chief Executive Officer Jim Farley reiterated that while short-term profitability pressures remain, particularly in the EV division, the Ford 2025 earnings report underscores that the company’s overall revenue strength and disciplined capital allocation strategy provide a foundation for growth. Ford is also targeting a long-term goal of achieving higher adjusted EBIT margins, and management highlighted ongoing efforts to enhance vehicle quality, reduce material and warranty costs, and expand market share in strategic segments.
Sources: https://www.cnbc.com/2026/02/10/ford-motor-f-earnings-q4-2025.html
