economy
February 10, 2026
Ford Reports Worst Quarterly Earnings Miss in Four Years, Guides for Better 2026
Ford Motor reported its first quarterly miss since 2024 and its largest quarterly earnings miss in four years.
TL;DR
- Ford's fourth-quarter earnings per share missed expectations by 32%, marking its worst miss since 2021.
- The earnings miss was largely attributed to approximately $900 million in unexpected tariff costs and impacts from a supplier plant fire.
- Ford provided guidance for 2026, projecting adjusted EBIT between $8 billion and $10 billion and adjusted free cash flow between $5 billion and $6 billion.
- The company's traditional and fleet operations are expected to offset projected losses from its "Model e" electric vehicle unit in 2025.
- Ford reported a net loss of $8.2 billion for 2025, its largest since 2008, including $15.5 billion in special charges related to EV plan pullbacks.
Continue reading the original article