Ford posts 2025 full-year loss as Q4 EV writedowns deepen
FF•
Ford posted a full-year net loss in 2025 as rising commodity and labor costs drove margins lower. In Q4, the company took significant electric-vehicle asset writedowns that deepened losses and underscored weaker-than-expected EV demand.
1. 2025 Financial Performance
Ford recorded a net loss for full-year 2025, marking its first annual loss in several years. Elevated commodity prices, labor expenses and supply-chain disruptions compressed automotive margins across its North American and European operations.
2. Q4 EV Writedowns and Cost Pressures
In the fourth quarter, Ford took sizeable impairment charges on electric-vehicle assets due to softer sales forecasts and higher battery input costs. The writedowns highlighted challenges in scaling EV production profitably and weighed heavily on quarterly results.
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Sources
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