77 unchanged sentences
Net Income/(Loss) Reconciliation to Adjusted EBIT ($M)
−Removed: First Quarter
+Added: Second Quarter First Half
+Added: 2025 2026 2025 2026
Net income/(loss) attributable to Ford (GAAP) $ (36) $ (1,327) $ 435 $ 1,221
11 unchanged sentences
Earnings/(Loss) per Share Reconciliation to Adjusted Earnings/(Loss) per Share
−Removed: First Quarter
+Added: Second Quarter First Half
+Added: 2025 2026 2025 2026
Diluted After-Tax Results ($M)
6 unchanged sentences
Diluted shares 4,025 4,066 4,018 4,069
−Removed: Earnings/(Loss) per share – diluted (GAAP) $ 0.12 $ 0.63
+Added: Earnings/(Loss) per share – diluted (GAAP) (a) $ (0.01) $ (0.33) $ 0.11 $ 0.30
Net impact of adjustments (0.38) (0.75) (0.40) (0.78)
Adjusted earnings/(loss) per share – diluted (Non-GAAP) $ 0.37 $ 0.42 $ 0.51 $ 1.08
+Added: (a) In the second quarter of 2025 and 2026, there were 45 million and 79 million shares, respectively, excluded from the calculation of diluted earnings/(loss) per share, due to their anti-dilutive effect.
Management’s Discussion and Analysis of Financial Condition and Results of Operations (Continued)
Effective Tax Rate Reconciliation to Adjusted Effective Tax Rate
−Removed: First Quarter
+Added: Second Quarter First Half
2025 2026 2025 2026 Memo:
9 unchanged sentences
Net Cash Provided by/(Used in) Operating Activities Reconciliation to Company Adjusted Free Cash Flow ($M)
−Removed: First Quarter
+Added: Second Quarter First Half
+Added: 2025 2026 2025 2026
Net cash provided by/(used in) operating activities (GAAP) $ 6,317 $ 4,345 $ 9,996 $ 5,661
19 unchanged sentences
The following table provides supplemental income statement information (in millions):
−Removed: For the period ended March 31, 2026
−Removed: First Quarter
+Added: For the period ended June 30, 2026
+Added: Second Quarter
Company excluding Ford Credit Ford Credit Consolidated
10 unchanged sentences
Net income/(loss) attributable to Ford Motor Company $ (2,402) $ 1,075 $ (1,327)
+Added: For the period ended June 30, 2026
+Added: Company excluding Ford Credit Ford Credit Consolidated
+Added: Revenues $ 84,710 $ 6,839 $ 91,549
+Added: Total costs and expenses 83,018 5,564 88,582
+Added: Operating income/(loss) 1,692 1,275 2,967
+Added: Interest expense on Company debt excluding Ford Credit 707 — 707
+Added: Other income/(loss), net 984 238 1,222
+Added: Equity in net income/(loss) of affiliated companies (2,630) 27 (2,603)
+Added: Income/(Loss) before income taxes (661) 1,540 879
+Added: Provision for/(Benefit from) income taxes (140) (210) (350)
+Added: Net income/(loss) (521) 1,750 1,229
+Added: Income/(Loss) attributable to noncontrolling interests 8 — 8
+Added: Net income/(loss) attributable to Ford Motor Company $ (529) $ 1,750 $ 1,221
Management’s Discussion and Analysis of Financial Condition and Results of Operations (Continued)
1 unchanged sentence
The following tables provide supplemental balance sheet information (in millions):
−Removed: March 31, 2026
+Added: June 30, 2026
Assets Company excluding Ford Credit Ford Credit Eliminations Consolidated
28 unchanged sentences
The following tables provide supplemental cash flow information (in millions):
−Removed: For the period ended March 31, 2026
−Removed: First Quarter
+Added: For the period ended June 30, 2026
Cash flows from operating activities Company excluding Ford Credit Ford Credit Eliminations Consolidated
2 unchanged sentences
Other amortization 31 (922) — (891)
+Added: Disposition of investment in BOSK non-cash charges 2,930 — — 2,930
Provision for credit and insurance losses (4) 363 — 359
35 unchanged sentences
Selected Other Information.
−Removed: At March 31, 2026, total equity attributable to Ford was $37.5 billion, an increase of $1.5 billion compared with December 31, 2025.
+Added: 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):
3 unchanged sentences
Common stock issued (including share-based compensation impacts) 0.1
+Added: Total $ (0.3)
(a) Includes cash dividends, dividend equivalents, and anti-dilutive share repurchases.
Sales by Type.
−Removed: The following table shows first quarter 2026 U.S.
+Added: The following table shows second quarter 2026 U.S.
sales volume and U.S.
8 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.