Business

Ford Motor Company Surges Ahead: Q2 Revenue Climbs 5% to $50.2 Billion Amid Challenges

Ford Reports Strong Q2 Revenue Growth

In a remarkable display of resilience and strategic planning, Ford Motor Company announced a 5% increase in its second-quarter revenue for fiscal 2025, reaching an impressive $50.2 billion. This growth comes despite the company reporting a net loss of $36 million, a stark contrast to the $1.83 billion net income recorded in the same period last year.

Looking Ahead: Ford's Financial Outlook

The automaker has set its sights on a full-year adjusted EBIT of $6.5 billion to $7.5 billion. However, it also cautioned about an estimated $2 billion impact from tariffs, underscoring the challenges ahead. Jim Farley, Ford's CEO, emphasized the effectiveness of the Ford+ plan and the company's focus on cost and quality improvements. Sherry House, the CFO, pointed to the strengthening balance sheet as a key enabler for future investments.

Market Reaction

Following the announcement, Ford's shares experienced a 2.48% drop in after-hours trading, settling at $10.63 by 4:22 pm ET.