Ford Motor Company (F) Earnings Call Transcripts

Ford Motor Company's Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal year 2026, Ford Motor Company reported revenues of $48.3 billion and adjusted EBIT of $2.5 billion, reflecting a 17% increase year-over-year. The company raised its full-year adjusted EBIT guidance to a range of $10 billion to $11 billion, a $1 billion increase at the midpoint, driven by strong pricing and product mix. Management highlighted a focus on profitability and operational efficiency, signaling a positive outlook for the remainder of the year despite ongoing challenges.

Reported metrics

Guidance from management

Management expects adjusted EBIT for the full year to be between $10 billion and $11 billion, with adjusted free cash flow projected to increase to $6 billion to $7 billion. Capital expenditures remain unchanged at $9.5 billion to $10.5 billion.

What management said

I think your list is pretty good. I think it's basically 3 areas. Obviously, the tax treatment is very important for customers. We are also looking very carefully at strategic choices for the company. And we're looking obviously at the customer flows. So I would say the list you have is a good working list. I don't want to get any more specifics than that.

Yes. Thanks. I'd let Andrew to comment, but what we are seeing -- F-Series is around 45-day supply, which for us, is very lean. So we have a lot of upside on the wholesale side, not just from retail side. Andrew, anything you want to highlight?

What analysts pressed on

Analysts expressed concerns about the impact of Novelis disruptions on revenue and the overall competitive dynamics in the truck segment. There were also questions regarding the sustainability of the EBIT improvements and the potential headwinds from commodity costs in the second half of the year.

Main topics on the call

• Guidance Increase — Ford raised its full-year adjusted EBIT guidance to between $10 billion and $11 billion, up from previous estimates, driven by 'strong pricing and mix'. This adjustment reflects confidence in the company's operational pe...
• Quality Improvement — Ford ranked #1 among all mainstream brands in J.D. Power's 2026 Initial Quality Study, which management sees as a 'first down payment on a much more consequential virtuous circle' that will lead to lower warranty costs a...
• Software and Services Growth — Ford's software and physical services segment saw a 50% increase in paid subscriptions, reaching approximately 1.6 million. This growth is expected to drive 'recurring high-margin revenues' as the company leverages its c...
• Commercial Vehicle Performance — Ford Pro delivered $1.7 billion in EBIT, despite a 26% decline in revenue due to Novelis disruptions. Management remains confident in the pricing power and recovery of the commercial vehicle segment in the second half of...

Read the full Ford Motor Company transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 114 Ford Motor Company earnings call transcripts on record, spanning February 4, 2020 to July 28, 2026. Based on this history, Ford Motor Company reports quarterly. The most recent call on file is dated July 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

F

Exchange

NYSE

Country

US

Sector

Consumer Discretionary

Industry

Automobiles

Calls on record

114

First call

February 4, 2020

Most recent

July 28, 2026

Reporting cadence

quarterly