Ford Motor Co. in Dearborn reports it generated third-quarter 2026 revenue of $49.5 billion — down 2 percent year-over-year — and $2.7 billion in adjusted EBIT, up 3 percent.
According to Ford, increasing profits on a lower revenue base reflects the balance of its product mix comprised of higher-margin products, like Tremor and other off-road trims.
“Ford delivered a strong quarter as we’re entering a defining phase of the company’s transformation with the launch of our Universal Electric Vehicle platform, Ford Energy, an all-new F-150, and a new lineup of vehicles around the world over the next few years,” says Jim Farley, president and CEO of Ford.
“In addition, our cost actions (controlling costs) and record growth in software services and parts demonstrate how we’re growing beyond the vehicle sale and moving us toward an 8 percent adjusted EBIT margin by 2029.”
Other highlights from Ford’s Q3 report include:
- Operating cash flow of $5.4 billion; adjusted free cash flow of $4.7 billion.
- Fourth-quarter regular dividend of 15 cents per share, payable on Dec. 1 to shareholders of record on Nov. 10.
- Raises low end of full-year adjusted EBIT guidance to between $10.5 billion and $11 billion (from $10 billion to $11 billion); adjusted free cash flow guidance remains $6 billion to $7 billion.
“We are on track to deliver our full-year adjusted EBIT expectations, which include achieving our warranty and material cost reduction objectives and improving year-over-year profitability in Ford Model e,” says Sherry House, CFO of Ford.
“As we close the year and look ahead to 2027, we are intensely focused on driving efficiencies throughout our business — enabling us to better perform in the face of rising inflationary costs — and improving capital efficiency through smarter investments, higher utilization of existing assets, and strategic partnerships.”
In Related News: In 2027, the all-new Ford Fathom electric truck will start at $28,350 MSRP and offer available bidirectional AC power. That means it does not need a separate wall-mounted inverter to supply over a projected 10 kW of AC power to a home.
The Fathom has inverter capability integrated into the vehicle, reducing the need for additional hardware for the vehicle to supply power to the home.
In Other Related News: Ford announced that it is staging the inaugural Proud to Honor Veterans Day Classic, a first-of-its-kind military tribute race and musical performances, at Daytona International Speedway on Nov. 11.
The event will air live from 8 p.m.-10 p.m. exclusively on USA Network and will stream live on Fandango’s free streaming platform. The entertainment segments also will air live on E! and will stream on TikTok LIVE at @e_entertainment, @usanetwork, and @usasports.
Twelve Ford Racing drivers, in six teams, each will race in honor of a branch of the U.S. military. The drivers will go head-to-head in Mustang Dark Horse Rs with custom military-inspired liveries.
The driver lineup, and which branch they will represent, includes:
U.S. Army: Brad Keselowski and Joey Hand
U.S. Marine Corps: Ryan Blaney and Ben Hobson
U.S. Navy: Ryan Preece and Logan Sargeant
U.S. Air Force: Austin Cindric and Frankie Muniz
U.S. Space Force: Noah Gragson and Layne Riggs
U.S. Coast Guard: Joey Logano and Ty Majeski
The event was developed in collaboration with NASCAR, IMSA (International Motor Sports Association), HSR (Historic Sportscar Racing), and Blue Star Families. It will benefit six nonprofits: Blue Star Families, Camp Southern Ground, DAV (Disabled American Veterans), Team Rubicon, Tragedy Assistance Program for Survivors (TAPS), and The Travis Manion Foundation.
Tickets are on sale now at fordveteransdayclassic.com.
“For more than a century, Ford has stood alongside the people who serve our country and the families who support them,” says Bill Ford, executive chair of Ford. “The Proud to Honor Veterans Day Classic brings together racing, music, and service to create a joyful new Veterans Day tradition that honors the entire military community.”
The musical performances will be headlined by Zac Brown Band and feature Russell Dickerson, Jo Dee Messina, Brittney Spencer, and Warren Zeiders.
