Wednesday, February 11, 2026

Ford Motor blames tariff timing and fires at an aluminum plant for earnings miss when it was its electric vehicle business

 

 
... On an unadjusted basis, the company’s net loss of $8.2 billion last year was its largest since the Great Recession in 2008, according to FactSet. That included $15.5 billion in special charges during the fourth quarter largely related to a pre-announced pullback in its all-electric vehicle plans.

Automakers commonly exclude “special items” or one-time charges from their adjusted financial results to provide investors with a clearer picture of their core, ongoing business operations.

Ford reported a fourth-quarter net loss of $11.1 billion, or a loss of $2.77 per share, compared with net income of $1.8 billion, or 45 cents per share, in the same period in 2024. Adjusted for the one-time charges, the company reported earnings of 13 cents per share.