Loading
Sentiment · FY2026 Q2
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Emmanuel Rosner | Wolfe Research | 13 (23%) |
| Mark Delaney | Goldman Sachs | 12 (17%) |
| Dan Levy | Barclays | 12 (33%) |
| Joe Spak | UBS | 12 (33%) |
| Colin Langan | Wells Fargo | 10 (50%) |
| Edison Yu | Deutsche Bank | 6 (0%) |
| Ryan Brinkman | JPMorgan | 6 (0%) |
| Itay Michaeli | TD Cowen | 6 (0%) |
| Tom Narayan | RBC Capital Markets | 5 (0%) |
| Daniel Roeska | Bernstein | 4 (25%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Wolfe Research | 1 | 13 (23%) |
| Barclays | 1 | 12 (33%) |
| UBS | 1 | 12 (33%) |
| Goldman Sachs | 1 |
| 12 (17%) |
| Wells Fargo | 1 | 10 (50%) |
| Morgan Stanley | 2 | 8 (38%) |
| Bank of America | 4 | 7 (14%) |
| JPMorgan | 1 | 6 (0%) |
| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $48.21B | +4.9% | $0.45 | +446.2% | 2.8% | 3.8% | $530M |
| FY2025 Q1 | $40.66B | -5.0% | $0.12 | -63.6% | 0.4% | 1.2% | $1.86B |
| FY2025 Q2 | $50.18B | +5.0% | $-0.01 | -102.0% | 0.9% | -0.1% | $4.23B |
| FY2025 Q3 | $50.53B | +9.4% | $0.60 | +172.7% | 3.2% | 4.8% | $5.28B |
| FY2025 Q4 | $45.89B | -4.8% | $-2.77 | -715.6% | -2.0% | -24.1% | $1.10B |
| FY2026 Q1 | $43.25B | +6.4% | $0.63 | +425.0% | 5.4% | 5.9% | $-1.06B |
| FY2026 Q2 | $48.30B | -3.8% | $-0.33 | — | 1.3% | -2.7% | $1.96B |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
Ford opened fiscal 2026 with $43.3 billion in revenue, up over 6% year-over-year even as volume fell nearly 4%, and adjusted EBIT of $3.5 billion ($2.2 billion excluding a one-time $1.3 billion IEEPA tariff benefit). Strength came from the highest Q1 U.S. share of revenue in five years, disciplined net pricing, and continued growth in software and physical services, where paid subscriptions rose 30% to 879,000. On the strength of the quarter, management raised full-year adjusted EBIT guidance to between $8.5 billion and $10.5 billion, while Ford Pro delivered $1.7 billion of EBIT and Model e narrowed its loss to $777 million. The main offsets were rising commodity and aluminum headwinds, now expected just above $2 billion, and an adjusted free cash flow use of $1.9 billion in the quarter on working capital and higher investment spending. Management framed the back half as fairly consistent across Q2 through Q4, with the IEEPA benefit not repeating and commodity costs building.
Cost Pressure | Trade Tariffs | Margin | Competitive Dynamics | Guidance Reliability | Capital Allocation | Pricing | Regulation Policy | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 4 | 2 | 3 | 3 | 1 | 3 | 2 | 2 |
| 2025Q1 | 6 | 11 | 3 | 4 | 2 | 3 | 4 | 2 |
| 2025Q2 | 5 | 4 | 7 | 5 | 2 | 3 | 4 | 6 |
| 2025Q3 | 6 | 4 | 4 | 3 | 5 | 3 | 5 | 5 |
| 2025Q4 | 3 | 2 | 2 | 5 | 5 | 6 | 1 | 1 |
| 2026Q1 | 3 | 3 | 3 | 1 | 1 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Cost Pressure | 4 | 6 | 5 | 6 | 3 | 3 |
| Trade Tariffs | 2 | 11 | 4 | 4 | 2 | |
| Margin | 3 | 3 | 7 | 4 | 2 | 3 |
| Competitive Dynamics | 3 | 4 | 5 | 3 | 5 | |
| Guidance Reliability | 1 | 2 | 2 | 5 | 5 | 3 |
| Capital Allocation | 3 | 3 | 3 | 3 | 6 | |
| Pricing | 2 | 4 | 4 | 5 | 1 | 1 |
| Regulation Policy | 2 | 2 | 6 | 5 | 1 | 1 |
What F and other companies said about each other on FY2026 Q1 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“in the case of Ford, I know Jim Farley was passionate about providing the products that his people want to wear and would be proud to wear.”
Cintas describes a multi-year uniform relationship with Ford, outfitting Ford workers under a recently announced three-way program, positioning Ford as a large trades/manufacturing customer.
“This was the first high-yield bond issued with a coupon below 5% since Ford did it 4 years ago.”
United benchmarks its sub-5% high-yield bond pricing against Ford's issuance four years ago — credit-market comparison only.
“On commercial, we have a very successful relationship, as you know, with Volkswagen, both on the pickup and the van side.”
Ford cited its successful commercial-vehicle relationship with Volkswagen on pickups and vans.
“we believe that on the passenger car side, Renault has fully cost competitive platforms. And we intend to take advantage of that as Europe continues to electrify amidst the Chinese competition on passenger cars.”
Ford plans to leverage Renault's cost-competitive passenger-car platforms in Europe under a new partnership.
“Ford also has the aluminum supply shortage with respect to our primary aluminum supplier, which is Novelis.”
Ford's primary aluminum supplier Novelis had a supply disruption; recovery is weighted to 2H with a hot-mill restart in May.
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
F Ford Motor Company | 9 | +6.4% | |
| GM General Motors | 7 | -0.9% | |
| HOG Harley-Davidson, Inc. | 3 | -11.8% | |
| LCID Lucid Group, Inc. | 5 | +20.2% | |
| RIVN Rivian Automotive, Inc. | 7 | +11.4% |