Ford

F Q3 2025 Earnings

Reported Oct 23, 2025 at 4:08 PM ET · SEC Source

Q3 25 EPS

$0.45

BEAT +25.42%

Est. $0.36

Q3 25 Revenue

$50.53B

BEAT +15.21%

Est. $43.86B

vs S&P Since Q3 25

-10.5%

TRAILING MARKET

F -4.1% vs S&P +6.4%

Market Reaction

Did F Beat Earnings? Q3 2025 Results

Ford Motor Company delivered a standout third quarter, posting adjusted EPS of $0.45 against a Wall Street consensus of $0.36, a 25.42% beat, while revenue of $50.53 billion ran 15.21% ahead of estimates and grew 9.4% year-over-year, marking a record… Read more Ford Motor Company delivered a standout third quarter, posting adjusted EPS of $0.45 against a Wall Street consensus of $0.36, a 25.42% beat, while revenue of $50.53 billion ran 15.21% ahead of estimates and grew 9.4% year-over-year, marking a record quarter for the automaker. The primary engine behind the outperformance was Ford Pro, its commercial vehicle segment, which generated $1.99 billion in EBIT on $17.40 billion in revenue as wholesale volumes climbed 6% to 1,156,000 units. Even with an approximately $700 million net tariff headwind absorbed in the quarter, adjusted EBIT came in at $2.59 billion, while net income surged to $2.45 billion from $896 million a year earlier. Shares moved sharply higher on the results, though the road ahead carries real complexity: a fire at a Novelis aluminum plant is expected to create a combined 2025–2026 EBIT headwind of $1 billion or less, prompting Ford to revise full-year 2025 adjusted EBIT guidance to $6.00–$6.50 billion and adjusted free cash flow to $2.00–$3.00 billion.

Key Takeaways

  • Record revenue of $50.5 billion driven by 6% increase in wholesale units
  • Ford Pro durability with $2 billion EBIT and 11.4% margin
  • Ford Pro software subscriptions growing 8% sequentially to 818,000
  • Ford Blue revenue growth exceeding wholesale unit growth rate
  • Ford Model e volume growth of 57% with new European products
  • Ford Credit EBT up 16% year-over-year to $631 million
24/7 Wall St

F YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

24/7 Wall St

F Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“Ford posted another strong quarter, delivering more than $50 billion in revenue powered by our incredible products and services, the durability of Ford Pro and our disciplined focus on cost and quality. We are heading into 2026 as a stronger and more agile company. We will continue to focus on execution and on quickly making the right strategic calls on propulsion, partnerships and technology that will create tremendous value for our customers.”

— Jim Farley, Q3 2025 Earnings Press Release