Ford posts $8B full-year loss after EV unit loses over $1B
Ford posted a net loss of $8 billion for fiscal 2025 and missed fourth-quarter profit forecasts, delivering adjusted earnings per share of $0.11. Losses in its EV unit contributed to the shortfall, with the division recording over $1 billion in losses for the quarter.
1. Q4 Earnings Miss
Ford reported adjusted earnings per share of $0.11 in Q4, falling short of analyst forecasts and marking its first quarterly profit miss in over a year. Automotive revenue trends weakened as cost inflation and supply chain constraints pressured margins in the core combustion-engine business.
2. Full-Year Net Loss
The automaker recorded an $8 billion net loss for fiscal 2025, reversing a multi-year profit streak. Charges related to restructuring, rising input costs and currency moves accounted for a significant portion of the loss.
3. EV Unit Performance
Ford’s EV division booked over $1 billion in losses for the quarter, driven by production ramp-up costs and lower-than-expected demand for its electric models. Management reiterated plans to cut EV unit costs by 20% through new platforms and supply agreements in 2026.