Ford Motor

Q2 FY2026 EarningsQ2 FY26 results presented a significant variance between GAAP and adjusted performance: Revenue of $48.30B beat consensus by 6.22%, while Adjusted EPS of $0.42 exceeded expectations of $0.35. However, GAAP Net Income was a massive miss at -$1.33B due to a $3.6B special charge from the BlueOval SK (BOSK) joint venture disposition. Ford Pro remained the primary profit driver despite a YoY EBIT decline, while Ford Model e showed narrowing losses but remains deeply negative. Full-year FY26 Adjusted EBIT guidance was maintained at $10B-$11B, slightly above the implied consensus run-rate.