Summary
Ford Motor Company reported a significant decrease in net income for the first quarter of 2025, with net income attributable to Ford standing at $471 million, down from $1,332 million in the prior year's first quarter. This decline was primarily driven by lower EBIT in the Ford Pro and Ford Blue segments, exacerbated by factors such as planned production downtime, dealer stock reductions, unfavorable exchange rates, and tariff-related costs. Despite these challenges, the Ford Model e segment showed improvement with a reduced EBIT loss, and the Ford Credit segment experienced an increase in Earnings Before Taxes (EBT). Total revenues also saw a decrease, falling to $40.7 billion from $42.8 billion year-over-year. The company is navigating a complex market environment characterized by evolving electric vehicle adoption rates, pricing pressures, and ongoing trade policy uncertainties, particularly concerning tariffs. Due to these material near-term risks, Ford has suspended its full-year 2025 guidance for adjusted EBIT, adjusted free cash flow, segment EBIT, and Ford Credit EBT, signaling caution amidst ongoing market volatility.
Financial Highlights
50 data points| Revenue | $40.66B |
| Cost of Revenue | $35.19B |
| Gross Profit | $5.47B |
| SG&A Expenses | $2.43B |
| Operating Expenses | $40.34B |
| Operating Income | $319.00M |
| Net Income | $471.00M |
| EPS (Basic) | $0.12 |
| EPS (Diluted) | $0.12 |
| Shares Outstanding (Basic) | 3.97B |
| Shares Outstanding (Diluted) | 4.01B |
Key Highlights
- 1Net income attributable to Ford Motor Company decreased significantly to $471 million in Q1 2025, down from $1,332 million in Q1 2024.
- 2Total revenues declined to $40.7 billion in Q1 2025 from $42.8 billion in Q1 2024.
- 3Ford Pro segment EBIT decreased by $1.7 billion year-over-year, largely due to lower volume/mix and fleet pricing pressures.
- 4Ford Blue segment EBIT saw a substantial decrease of $805 million, impacted by lower volume, unfavorable exchange rates, and tariff costs.
- 5Ford Model e segment improved its EBIT loss by $478 million, driven by favorable net pricing and lower material costs.
- 6Ford Credit segment's EBT increased by $254 million, primarily due to higher financing margins and favorable volume/mix.
- 7The company suspended its full-year 2025 financial guidance due to material near-term risks, including trade policy uncertainties and EV market dynamics.