Automaker Ford Motor Company (NYSE: F) on Tuesday reported lower revenues and adjusted earnings for the fourth quarter of fiscal 2025. The bottom line fell short of expectations. The company also issued guidance for fiscal 2026.
Earnings, excluding one-off items, declined to $0.13 per share in the December quarter from $0.39 per share in the comparable quarter of the prior year, missing estimates. On an unadjusted basis, the company reported a net loss of $11.1 billion or $2.77 per share, compared to a profit of $1.8 million or $0.45 per share in Q4 2024. At $45.9 billion, fourth-quarter revenue was down 5% year-over-year.
Jim Farley, Ford’s CEO, said, “We improved our core business and execution, made significant progress in the areas of the business we control – lowering material and warranty costs and making real progress on quality – and made difficult but critical strategic decisions that set us up for a stronger future.”
The management said it expects full-year 2026 adjusted EBIT to be in the range of $8.0 billion to $10.0 billion; adjusted free cash flow between $5.0 billion and $6.0 billion; and capital spending of $9.5-10.5 billion.