Ford Motor Company reported fourth-quarter adjusted earnings of $0.13 per share, missing analysts' estimates by $0.05, as the automaker faced higher cost pressures from tariffs. Despite the profit miss, Ford's revenue rose to $45.9 billion, topping consensus forecasts of $44.2 billion. For the full year, Ford generated $187.3 billion in revenue.

Ford reported a net loss of $11.1 billion in the fourth quarter and $8.2 billion for the full year, reflecting special items. On an adjusted basis, fourth-quarter EBIT came in at $1.0 billion, while full-year adjusted EBIT totaled $6.8 billion. The company forecast full-year 2026 adjusted EBIT of $8 billion to $10 billion, alongside adjusted free cash flow of $5 billion to $6 billion.

CEO Jim Farley highlighted progress in lowering material and warranty costs while CFO Sherry House emphasized a disciplined approach to capital efficiency. Ford expects around $2 billion in costs this year linked to tariffs imposed under President Donald Trump, primarily tied to aluminum sourcing for its high-margin F-150 pickup trucks. The company reiterated its long-term goal of achieving an 8% adjusted EBIT margin by 2029 as it works to balance cost headwinds with improving execution across its core and electric vehicle businesses.