Q2 2026 Earnings

Ford Credit Total Net Receivables

$143.20B

Second Quarter | | | First Half Key Metrics | | 2025 | | | 2026 | | | H / (L) | | | 2025 | | | 2026 | | | H / (L) Total Net Receivables ($B) | | $ | | 143.7 | | | | $ | | 143.2 | | | | $ | | (0.5) Ford Credit’s total net receivables of $143.2 billion were 0.3% lower than a year ago, explained primarily by lower non-consumer financing, exchange, and lower consumer financing, offset partially by a larger operating lease portfolio. • Total Net Receivables (as shown in the Key Metrics table) – Includes finance receivables (retail financing and wholesale) sold for legal purposes and net investment in operating leases included in securitization transactions that do not satisfy the requirements for accounting sale treatment. These receivables and operating leases are reported on Ford Credit’s balance sheets and are available only for payment of the debt issued by, and other obligations of, the securitization entities that are parties to those securitization transactions; they are not available to pay the other obligations of Ford Credit or the claims of Ford Credit’s other creditors

Ford Credit U.S. Off-Lease Auction Value

$32,365

Second Quarter | | | First Half Key Metrics | | 2025 | | | 2026 | | | H / (L) | | | 2025 | | | 2026 | | | H / (L) Auction Values (b) | | $ | | 32,335 | | | | $ | | 32,365 | | | | 0.1 | | % | | | $ | | 31,845 | | | | $ | | 32,005 | | | | 0.5 | | % __________ (b) U.S. portfolio off-lease second quarter auction values at Q2 2026 mix and YTD amounts at YTD 2026 mix.

U.S. Electric Vehicle Sales Volume

9.7K

U.S. Sales by Type. The following table shows second quarter 2026 U.S. sales volume and U.S. wholesales segregated by electric, hybrid, and internal combustion vehicles. U.S. sales volume represents primarily sales by dealers, sales to the government, and leases to Ford management, and is based, in part, on estimated vehicle registrations and includes medium and heavy trucks. U.S. Sales | | | U.S. Wholesales Electric Vehicles | | 9,746 | | | | 5,623 Hybrid Vehicles | | 53,163 | | | | 46,981 Internal Combustion Vehicles | | 486,291 | | | | 467,815 Total Vehicles | | 549,200 | | | | 520,419

U.S. Hybrid Vehicle Sales Volume

53.2K

U.S. Sales by Type. The following table shows second quarter 2026 U.S. sales volume and U.S. wholesales segregated by electric, hybrid, and internal combustion vehicles. U.S. sales volume represents primarily sales by dealers, sales to the government, and leases to Ford management, and is based, in part, on estimated vehicle registrations and includes medium and heavy trucks. U.S. Sales | | | U.S. Wholesales Electric Vehicles | | 9,746 | | | | 5,623 Hybrid Vehicles | | 53,163 | | | | 46,981 Internal Combustion Vehicles | | 486,291 | | | | 467,815 Total Vehicles | | 549,200 | | | | 520,419

U.S. Internal Combustion Vehicle Sales Volume

486.3K

U.S. Sales by Type. The following table shows second quarter 2026 U.S. sales volume and U.S. wholesales segregated by electric, hybrid, and internal combustion vehicles. U.S. sales volume represents primarily sales by dealers, sales to the government, and leases to Ford management, and is based, in part, on estimated vehicle registrations and includes medium and heavy trucks. U.S. Sales | | | U.S. Wholesales Electric Vehicles | | 9,746 | | | | 5,623 Hybrid Vehicles | | 53,163 | | | | 46,981 Internal Combustion Vehicles | | 486,291 | | | | 467,815 Total Vehicles | | 549,200 | | | | 520,419

U.S. Total Vehicle Sales Volume

549.2K

U.S. Sales by Type. The following table shows second quarter 2026 U.S. sales volume and U.S. wholesales segregated by electric, hybrid, and internal combustion vehicles. U.S. sales volume represents primarily sales by dealers, sales to the government, and leases to Ford management, and is based, in part, on estimated vehicle registrations and includes medium and heavy trucks. U.S. Sales | | | U.S. Wholesales Electric Vehicles | | 9,746 | | | | 5,623 Hybrid Vehicles | | 53,163 | | | | 46,981 Internal Combustion Vehicles | | 486,291 | | | | 467,815 Total Vehicles | | 549,200 | | | | 520,419

Ford Blue Wholesale Units

639.0K

Second Quarter | | | First Half Key Metrics | | 2025 | | | 2026 | | | H / (L) | | | 2025 | | | 2026 | | | H / (L) Wholesale Units (000) (a) | | 696 | | | | 639 | | | | (57) | | | 1,284 | | | | 1,223 | | | | (61) Revenue ($M) | | $ | | 25,784 | | | | $ | | 26,068 | | | | $ | | 284 | | | $ | | 46,781 | | | | $ | | 49,926 | | | | $ | | 3,145 EBIT ($M) | | 661 | | | | 1,135 | | | | 474 | | | 757 | | | | 3,077 | | | | 2,320 EBIT Margin (%) | | 2.6 | | % | | | 4.4 | | % | | | 1.8 | | ppts | | | 1.6 | | % | | | 6.2 | | % | | | 4.5 | | ppts __________ (a) Includes Ford and Lincoln brand and JMC brand vehicles produced and sold in China by our unconsolidated affiliates (about 97,000 units in Q2 2025 and 82,000 units in Q2 2026). • Wholesales and Revenue – wholesale unit volumes include all Ford and Lincoln badged units (whether produced by Ford or by an unconsolidated affiliate) that are sold to dealerships or others, units manufactured by Ford that are sold to other manufacturers, units distributed by Ford for other manufacturers, and local brand units produced by our China joint venture, Jiangling Motors Corporation, Ltd. (“JMC”), that are sold to dealerships or others. Vehicles sold to daily rental car companies that are subject to a guaranteed repurchase option (i.e., rental repurchase), as well as other sales of finished vehicles for which the recognition of revenue is deferred (e.g., consignments), also are included in wholesale unit volumes. Revenue from certain vehicles in wholesale unit volumes (specifically, Ford badged vehicles produced and distributed by our unconsolidated affiliates, as well as JMC brand vehicles) are not included in our revenue. Excludes transactions between Ford Blue, Ford Model e, and Ford Pro segments

Ford Model e Wholesale Units

28.0K

Second Quarter | | | First Half Key Metrics | | 2025 | | | 2026 | | | H / (L) | | | 2025 | | | 2026 | | | H / (L) Wholesale Units (000) | | 60 | | | | 28 | | | | (32) | | | 91 | | | | 62 | | | | (29) Revenue ($M) | | $ | | 2,357 | | | | $ | | 1,026 | | | | $ | | (1,331) | | | $ | | 3,599 | | | | $ | | 2,258 | | | | $ | | (1,341) EBIT ($M) | | (1,329) | | | | (919) | | | | 410 | | | (2,178) | | | | (1,696) | | | | 482 EBIT Margin (%) | | (56.4) | | % | | | (89.6) | | % | | | (33.2) | | ppts | | | (60.5) | | % | | | (75.1) | | % | | | (14.6) | | ppts • Wholesales and Revenue – wholesale unit volumes include all Ford and Lincoln badged units (whether produced by Ford or by an unconsolidated affiliate) that are sold to dealerships or others, units manufactured by Ford that are sold to other manufacturers, units distributed by Ford for other manufacturers, and local brand units produced by our China joint venture, Jiangling Motors Corporation, Ltd. (“JMC”), that are sold to dealerships or others. Vehicles sold to daily rental car companies that are subject to a guaranteed repurchase option (i.e., rental repurchase), as well as other sales of finished vehicles for which the recognition of revenue is deferred (e.g., consignments), also are included in wholesale unit volumes. Revenue from certain vehicles in wholesale unit volumes (specifically, Ford badged vehicles produced and distributed by our unconsolidated affiliates, as well as JMC brand vehicles) are not included in our revenue. Excludes transactions between Ford Blue, Ford Model e, and Ford Pro segments

Ford Pro Wholesale Units

372.0K

Second Quarter | | | First Half Key Metrics | | 2025 | | | 2026 | | | H / (L) | | | 2025 | | | 2026 | | | H / (L) Wholesale Units (000) (a) | | 429 | | | | 372 | | | | (57) | | | 781 | | | | 688 | | | | (93) Revenue ($M) | | $ | | 18,797 | | | | $ | | 17,790 | | | | $ | | (1,007) | | | $ | | 33,978 | | | | $ | | 32,513 | | | | $ | | (1,465) EBIT ($M) | | 2,318 | | | | 1,718 | | | | (600) | | | 3,627 | | | | 3,403 | | | | (224) EBIT Margin (%) | | 12.3 | | % | | | 9.7 | | % | | | (2.7) | | ppts | | | 10.7 | | % | | | 10.5 | | % | | | (0.2) | | ppts __________ (a) Includes Ford brand vehicles produced and sold by our unconsolidated affiliate Ford Otosan in Türkiye (about 21,000 units in Q2 2025 and 18,000 units in Q2 2026). • Wholesales and Revenue – wholesale unit volumes include all Ford and Lincoln badged units (whether produced by Ford or by an unconsolidated affiliate) that are sold to dealerships or others, units manufactured by Ford that are sold to other manufacturers, units distributed by Ford for other manufacturers, and local brand units produced by our China joint venture, Jiangling Motors Corporation, Ltd. (“JMC”), that are sold to dealerships or others. Vehicles sold to daily rental car companies that are subject to a guaranteed repurchase option (i.e., rental repurchase), as well as other sales of finished vehicles for which the recognition of revenue is deferred (e.g., consignments), also are included in wholesale unit volumes. Revenue from certain vehicles in wholesale unit volumes (specifically, Ford badged vehicles produced and distributed by our unconsolidated affiliates, as well as JMC brand vehicles) are not included in our revenue. Excludes transactions between Ford Blue, Ford Model e, and Ford Pro segments

U.S. Electric Vehicle Wholesales

5.6K

U.S. Sales by Type. The following table shows second quarter 2026 U.S. sales volume and U.S. wholesales segregated by electric, hybrid, and internal combustion vehicles. U.S. sales volume represents primarily sales by dealers, sales to the government, and leases to Ford management, and is based, in part, on estimated vehicle registrations and includes medium and heavy trucks. U.S. Sales | | | U.S. Wholesales Electric Vehicles | | 9,746 | | | | 5,623 Hybrid Vehicles | | 53,163 | | | | 46,981 Internal Combustion Vehicles | | 486,291 | | | | 467,815 Total Vehicles | | 549,200 | | | | 520,419

U.S. Hybrid Vehicle Wholesales

47.0K

U.S. Sales by Type. The following table shows second quarter 2026 U.S. sales volume and U.S. wholesales segregated by electric, hybrid, and internal combustion vehicles. U.S. sales volume represents primarily sales by dealers, sales to the government, and leases to Ford management, and is based, in part, on estimated vehicle registrations and includes medium and heavy trucks. U.S. Sales | | | U.S. Wholesales Electric Vehicles | | 9,746 | | | | 5,623 Hybrid Vehicles | | 53,163 | | | | 46,981 Internal Combustion Vehicles | | 486,291 | | | | 467,815 Total Vehicles | | 549,200 | | | | 520,419

U.S. Internal Combustion Vehicle Wholesales

467.8K

U.S. Sales by Type. The following table shows second quarter 2026 U.S. sales volume and U.S. wholesales segregated by electric, hybrid, and internal combustion vehicles. U.S. sales volume represents primarily sales by dealers, sales to the government, and leases to Ford management, and is based, in part, on estimated vehicle registrations and includes medium and heavy trucks. U.S. Sales | | | U.S. Wholesales Electric Vehicles | | 9,746 | | | | 5,623 Hybrid Vehicles | | 53,163 | | | | 46,981 Internal Combustion Vehicles | | 486,291 | | | | 467,815 Total Vehicles | | 549,200 | | | | 520,419

U.S. Total Vehicle Wholesales

520.4K

U.S. Sales by Type. The following table shows second quarter 2026 U.S. sales volume and U.S. wholesales segregated by electric, hybrid, and internal combustion vehicles. U.S. sales volume represents primarily sales by dealers, sales to the government, and leases to Ford management, and is based, in part, on estimated vehicle registrations and includes medium and heavy trucks. U.S. Sales | | | U.S. Wholesales Electric Vehicles | | 9,746 | | | | 5,623 Hybrid Vehicles | | 53,163 | | | | 46,981 Internal Combustion Vehicles | | 486,291 | | | | 467,815 Total Vehicles | | 549,200 | | | | 520,419