Gasgoo Munich-Ford Motor Company reported its second-quarter 2026 financial results on July 29, 2026. Revenue hit $48.3 billion, while adjusted earnings before interest and taxes climbed to $2.5 billion — a $400 million increase from a year earlier. The adjusted EBIT margin rose to 5.2%, up 0.9 percentage points year-over-year.
Ford underscored a strengthening balance sheet alongside its solid financial performance, ending the quarter with $22.3 billion in cash and total liquidity of $43.4 billion.
Image source: Ford
Building on its first-half performance, Ford lifted its full-year 2026 adjusted EBIT guidance to a range of $10 billion to $11 billion, up from the previous $8.5 billion to $10.5 billion. The automaker also raised its adjusted free cash flow outlook to between $6 billion and $7 billion, compared to an earlier forecast of $5 billion to $6 billion. Capital expenditure guidance for the year remains steady at $9.5 billion to $10.5 billion.
Ford also cautioned that the full-year outlook does not account for potential shocks from a significant escalation in Middle East tensions or a marked downturn in the U.S. economy.
"We delivered another strong quarter and raised our full-year guidance, but more importantly, the signs are clear: Ford is becoming a more profitable, better-run, and truly different company," said Jim Farley, Ford's president and CEO. "Our iconic pickups, SUVs, and hybrids are demonstrating real pricing power; our product quality is now industry-leading in the U.S.; and profitable emerging businesses like Ford Energy are opening up new avenues for growth."
