The bottom line was negatively impacted by special charges related to a field service action and expenses related to a previously announced cancellation of an electric vehicle program. At $50.2 billion, second-quarter revenue was up 5% year-over-year.
Jim Farley, Ford’s CEO, said, “Ford Pro is a unique competitive advantage driving both top and bottom-line growth while creating new high-margin revenue streams from software and physical services. Ford Blue delivered profitable market share gains, and we continue to improve the efficiency of our Ford Model e business.”
The management reinstated its full-year 2025 adjusted EBIT guidance at $6.5-7.5 billion, adjusted free cash flow at $3.5-4.5 billion, and capital spending at about $9 billion. It expects a net tariff-related headwind of about $2 billion in FY25.
