Ford Motor Company Q3 2026 Earnings Recap

Ford’s shares rose 3.4% after earnings, as the company raised the low end of its full-year adjusted EBIT guidance and reported $2.7 billion of Q3 adjusted EBIT. The outlook still calls for $10.5 billion to $11 billion of adjusted EBIT for the year.

Key Takeaways

• Ford generated $2.7 billion in adjusted EBIT in Q3; it raised the low end of full-year guidance and now expects $10.5 billion to $11 billion.
• Management reiterated a goal of reaching 8% adjusted EBIT margins by 2029.
• Software services and parts each posted record Q3 revenue, with management describing both as highly accretive-margin businesses.
• Ford said it reduced warranty and material costs by $1.5 billion in 2025, excluding Novelis and tariffs, and is on track for another $1 billion reduction this year.
• The Fathom EV launch remains on track for Q4 next year, with a targeted MSRP below $30,000.