Ford Posts Loss for 2025 Due to Massive EV-Related Charge

by Michael Strong

Published: February 10th, 2026

ford posts loss for 2025 due to massive ev related charge

Ford Motor Co. lost $8.2 billion for all of 2025 despite its revenue rising slightly, all of it tied to the $19.5 billion charge it took to account for its underperforming electric vehicle business. However, it offered a bright outlook for 2026.

The company’s revenue for the year was $187.3 billion, which was about 1 percent higher than 2024. When adjusted for earning before interest, taxes and other charges, Ford reported a $6.8 profit for the full year. Ford took the charge in the fourth quarter of the year, and that resulted in an $11.1 billion loss for Q4, officials noted.

However, the company glass is half full for 2026, despite many believing it could be a tough year for the industry as a whole.

“Ford delivered a strong 2025 in a dynamic and often volatile environment,” said Jim Farley, Ford president and CEO, in a release.

“We improved our core business and execution, made significant progress in the areas of the business we control – lowering material and warranty costs and making real progress on quality — and made difficult but critical strategic decisions that set us up for a stronger future. Moving forward, we’ll continue building on our strong foundation to achieve our target of 8% adjusted EBIT margin by 2029.”

For 2026, officials said the company expects adjusted earnings between $8 billion and $10 billion with adjusted free cash flow ranging from $5 billion to $6 billion. The company didn’t offer non-adjusted numbers.

Ford will spend between $9.5 billion and $10.5 billion on capital expenditures this year, including dedicating $1.5 billion to ramp up its Ford Energy unit.

“Improvements in our industrial system, a robust product roadmap that leverages our core strengths, and a disciplined approach to capital efficiency will drive even stronger results in 2026 and beyond,” said CFO Sherry House in a statement.

“We remain relentlessly focused on three key levers to improve margins: improvements in EVs, highly accretive anti-cyclical businesses that grow and change our risk profile and next generation core products.”

[Images: Ford]

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Michael Strong

Michael Strong has spent more than 25 years writing about the automotive industry. A Detroit-area native, he’s written about everything from local car shows to product reviews to financial news. Currently he writes and edits for a variety of national and local publications. He’s also a longtime member of the Automotive Press Association and the International Motor Press Association, and a graduate of Georgia Southern University. Hail Southern! Despite a love for ’70s land yachts and BMWs from the late ’80s and early ’90s, his personal vehicle is neither of those.

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2 of 36 comments

DougieStale on Feb 12, 2026

EBFlex, time to check your tinfoil hat for holes.

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Stellantis Guy on Mar 20, 2026

TESLA KILLER

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