Ford Motor Company: EPS $0.49 vs $0.4099 expected; revenue $49.5B vs $49.1B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 0.4900 | 0.4099 | +19.5% | 0.4500 |
| Revenue (USD bn) | 49.5300 | 49.0800 | +0.9% | 50.5300 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Oct 28, 2026 | Q3 FY2026 | 0.49 | 0.4099 | +19.5% | 49.53 | 49.08 | +0.9% |
| Jul 28, 2026 | Q2 FY2026 | 0.42 | 0.3586 | +17.1% | 48.30 | 47.24 | +2.2% |
| Apr 29, 2026 | Q1 FY2026 | 0.66 | 0.2000 | — | 48.30 | 47.24 | +2.2% |
| Feb 10, 2026 | Q4 FY2025 | 0.13 | 0.1793 | −27.5% | 45.90 | 43.60 | +5.3% |
| Oct 23, 2025 | Q3 FY2025 | 0.45 | 0.3539 | +27.2% | 50.53 | 47.05 | +7.4% |
| Jul 30, 2025 | Q2 FY2025 | 0.37 | 0.3307 | +11.9% | 50.18 | 45.79 | +9.6% |
| May 5, 2025 | Q1 FY2025 | 0.14 | −0.0033 | — | 40.66 | 38.13 | +6.6% |
| Feb 5, 2025 | Q4 FY2024 | 0.39 | 0.3500 | +11.4% | 48.21 | 47.40 | +1.7% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
Ford Motor Company results: EPS $0.49 vs $0.4099 expected; revenue $49.5B vs $49.1B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 19.5%; revenue above the estimate by 0.9%.
Revenue was down 2.0% from $50.5 billion a year earlier (Q3 FY2025). EPS was up 8.9% from $0.45 a year earlier. On its record, EPS topped analysts' estimates in 4 of 5 earlier comparable reports.
What the results mean
Ford’s results need to be read through a business mix spanning vehicle manufacturing, servicing and financing. Declining revenue puts the sources of sales in focus, while understanding the contributions of trucks, commercial vehicles, sport utility vehicles and luxury models helps explain operating performance.
Ford also finances customer purchases, vehicle leases, dealer inventory and dealers’ operating needs. Understanding its business therefore involves vehicle demand and the role financing plays in supporting customers and the distribution network. The available detail does not establish which activity caused the revenue decline.
What to watch on the earnings call: The earnings call merits attention for management’s explanation of the revenue decline and its comments on demand from individuals and fleet customers, vehicle sales mix, margins and spending. Dealer inventory conditions and financing’s role in supporting sales also warrant discussion to clarify the relationship between the vehicle business and financial services.
For the full analysis of Ford Motor Company stock — valuation, scores and financial statements — see the stock page linked with this story.