Ford Motor Company (F) Financial Statements

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Ford Motor financial statements at a glance

Ford Motor reported revenue of $187.27 billion for fiscal year 2025 (ended December 31, 2025), up 1.2% from fiscal year 2024. Net income was -$8.18 billion, a net margin of 4.4% loss, and diluted earnings per share were -$2.06.

At the end of fiscal year 2025 it had total assets of $289.16 billion, total liabilities of $253.18 billion and shareholders' equity of $35.95 billion, with cash and short-term investments of $38.49 billion and total debt of $165.74 billion.

Its operations brought in $21.28 billion of cash; capital spending was $8.82 billion, leaving free cash flow of $12.47 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Ford Motor Company

FUnited States
Discretionary Consumer Products
USD (Local)

Income Statement

Annual • USD

Total Revenue
187.27B
Prev Year: 184.99B
YoY: +1.2%
Operating Revenue
187.27B
Prev Year: 184.99B
YoY: +1.2%
Total Unusual Items Excluding Goodwill
346.00M
Prev Year: -42.00M
YoY: +923.8%
Total Unusual Items
346.00M
Prev Year: -42.00M
YoY: +923.8%
Normalized EBITDA
3.29B
Prev Year: 14.28B
YoY: -76.9%
Tax Rate for Calcs
0.31
Prev Year: 0
Tax Effect of Unusual Items
107.26M
Prev Year: -7.77M
YoY: +1480.4%
Other Income Expense
-2.82B
Prev Year: 1.61B
YoY: -275.0%
Other Non-operating Income (expense)
-20.00M
Prev Year: 896.00M
YoY: -102.2%
Equity in Earnings of Affiliates
-3.14B
Prev Year: 756.00M
YoY: -515.9%
Gain on Sale of Securities
346.00M
Prev Year: -42.00M
YoY: +923.8%
Cost of Revenue
185.59B
Prev Year: 169.49B
YoY: +9.5%
Gross Profit
1.68B
Prev Year: 15.51B
YoY: -89.2%
Operating Expense
10.85B
Prev Year: 10.29B
YoY: +5.5%
Selling General and Administrative
10.85B
Prev Year: 10.29B
YoY: +5.5%
Operating Income
-9.17B
Prev Year: 5.22B
YoY: -275.7%
Net Non Operating Interest Income Expense
157.00M
Prev Year: 404.00M
YoY: -61.1%
Non-operating Interest Income
1.49B
Prev Year: 1.54B
YoY: -3.2%
Non-operating Interest Expense
1.33B
Prev Year: 1.14B
YoY: +17.3%
Pre-tax Income
-11.83B
Prev Year: 7.23B
YoY: -263.6%
Provision for Income Taxes
-3.67B
Prev Year: 1.34B
YoY: -373.9%
Net Income Common Stockholders
-8.18B
Prev Year: 5.88B
YoY: -239.2%
Net Income
-8.18B
Prev Year: 5.88B
YoY: -239.2%
Net Income Including Non-Controlling Interests
-8.16B
Prev Year: 5.89B
YoY: -238.5%
Net Income from Continuing Operations
-8.16B
Prev Year: 5.89B
YoY: -238.5%
Noncontrolling Interests
-20.00M
Prev Year: -15.00M
YoY: -33.3%
Diluted NI Available to Com Stockholders
-8.18B
Prev Year: 5.88B
YoY: -239.2%
Basic EPS
-2.06
Prev Year: 1.48
YoY: -239.2%
Diluted EPS
-2.06
Prev Year: 1.46
YoY: -241.1%
Weighted Average Shares (basic)
3.98B
Prev Year: 3.98B
YoY: +0.0%
Weighted Average Shares (diluted)
3.98B
Prev Year: 4.02B
YoY: -1.0%
Total Operating Income as Reported
-9.17B
Prev Year: 5.22B
YoY: -275.7%
Total Expenses
196.44B
Prev Year: 179.77B
YoY: +9.3%
Net Income from Continuing and Discontinued Operation
-8.18B
Prev Year: 5.88B
YoY: -239.2%
Normalized Income
-8.42B
Prev Year: 5.91B
YoY: -242.4%
Interest Income
1.49B
Prev Year: 1.54B
YoY: -3.2%
Interest Expense
1.33B
Prev Year: 1.14B
YoY: +17.3%
Net Interest Income
157.00M
Prev Year: 404.00M
YoY: -61.1%
EBIT
-10.50B
Prev Year: 8.37B
YoY: -225.4%
EBITDA
3.64B
Prev Year: 14.24B
YoY: -74.4%
Reconciled Cost of Revenue
185.59B
Prev Year: 169.49B
YoY: +9.5%
Reconciled Depreciation
14.13B
Prev Year: 5.87B
YoY: +140.9%
Net Income from Continuing Operation Net Minority Interest
-8.18B
Prev Year: 5.88B
YoY: -239.2%
Values in USD

Ford Motor key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$187.3B$185.0B$176.2B$158.1B$136.3B
Gross profit$1.7B$15.5B$16.2B$17.2B$16.4B
Operating income-$9.2B$5.2B$5.5B$6.3B$4.5B
Net income-$8.2B$5.9B$4.3B-$2.0B$17.9B
Diluted EPS-$2.06$1.46$1.08-$0.49$4.45
Total assets$289.2B$285.2B$273.3B$255.9B$257.0B
Total liabilities$253.2B$240.3B$230.5B$212.7B$208.4B
Shareholders' equity$36.0B$44.8B$42.8B$43.2B$48.5B
Cash and short-term investments$38.5B$38.3B$40.2B$44.1B$49.6B
Total debt$165.7B$160.9B$151.1B$140.5B$139.5B
Operating cash flow$21.3B$15.4B$14.9B$6.9B$15.8B
Capital spending$8.8B$8.7B$8.2B$6.9B$6.2B
Free cash flow$12.5B$6.7B$6.7B-$13.0M$9.6B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was Ford Motor's revenue in fiscal year 2025?

$187.27 billion, up 1.2% from $184.99 billion in fiscal year 2024.

How much profit does Ford Motor make?

Ford Motor reported net income of -$8.18 billion for fiscal year 2025 (4.4% of revenue); operating income was -$9.17 billion.

How much cash and debt does Ford Motor have?

At the end of fiscal year 2025: cash and short-term investments of $38.49 billion and total debt of $165.74 billion.

What is Ford Motor's free cash flow?

$12.47 billion in fiscal year 2025 (operating cash flow of $21.28 billion minus capital spending of $8.82 billion).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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