Form 10-Q · Quarterly report

Ford Motor Company 10-Q, filed Jul 29, 2026

Filed
CIK
0000037996
Accession no.
0000037996-26-000156
AI-generated summary

Summary

Ford Motor Company reported second-quarter 2026 net income of $1.2 billion and total equity attributable to Ford of $35.7 billion at June 30, 2026, with U.S. sales of 549,200 vehicles, including 9,746 electric and 53,163 hybrid vehicles. Ford said the U.S. Court of Appeals for the Federal Circuit reinstated $82 million of a jury's breach-of-contract award in Versata Software's suit against it and remanded trade-secret damages for a new trial, and that Ford filed a petition for rehearing on June 22, 2026.

Key points

  • Ford's $1.2 billion quarterly net income was offset by $1.5 billion of shareholder distributions, leaving total equity attributable to Ford down $0.3 billion from December 31, 2025.
  • Second-quarter U.S. sales of 549,200 vehicles comprised 9,746 electric, 53,163 hybrid and 486,291 internal combustion vehicles, with 520,419 total U.S. wholesales.
  • Ford Brazil faces outstanding state and federal tax assessments in Brazil over incentives received for operations in Bahia; Ford said it has posted less than $100 million in collateral and considers its overall risk of loss remote.
  • CEO James D. Farley, Jr. and CFO Sherry A. House concluded Ford's disclosure controls and procedures were effective as of June 30, 2026.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Continued) Selected Other Information. Equity. At June 30, 2026, total equity attributable to Ford was $35.7 billion, a decrease of $0.3 billion compared with December 31, 2025. The detail for this change is shown below (in billions): Increase/ (Decrease) Net income/(loss) $ 1.2 Shareholder distributions (a) (1.5) Other comprehensive income/(loss), net (0.1) Common stock issued (including share-based compensation impacts) 0.1 Other — Total $ (0.3) _______ (a)Includes cash dividends, dividend equivalents, and anti-dilutive share repurchases. U.S. Sales by Type. …

An excerpt of the text as filed with the SEC, cut for length.

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