Overview

• Ford reported $50.2 billion in Q2 revenue, up 5% year-on-year, but logged a $36 million net loss—its first quarterly deficit since 2023—after taking special charges for a field service action and a canceled EV program.
• Adjusted EBIT for the quarter was $2.1 billion, reflecting an $800 million hit from tariffs on imported vehicles, steel and aluminum that was softened by Ford’s strong U.S. production base.
• The automaker raised its full-year tariff expense forecast by $500 million to $3 billion, citing prolonged duties on parts and metals from Mexico, Canada and other markets.
• Ford cut its 2025 adjusted EBIT outlook to $6.5–7.5 billion from February’s $7–8.5 billion range in response to escalating duty costs.
• CEO Jim Farley and CFO Sherry House are holding daily talks with the White House to pursue relief or rollback of import levies.