---
schema_version: "secwatch.filing_event.v1"
accession: "0000037996-23-000028"
form_type: "8-K"
ticker: "F"
cik: "0000037996"
company_name: "FORD MOTOR CO"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:58:08.698740+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ford Q1 net income $1.8B on $41.5B revenue, adj. EBIT $3.4B, reaffirms guidance

## Summary
- Revenue $41.5B (+20% YoY); net income $1.8B vs net loss $3.1B in Q1 2022.
- Adjusted EBIT $3.4B (+45% YoY); adjusted free cash flow $693M.
- Ford Blue EBIT $2.6B (10.4% margin); Ford Pro EBIT $1.4B (10.3% margin); both profitable in all regions.
- Reaffirms FY2023 adjusted EBIT guidance $9-11B, adj. FCF ~$6B; regular dividend payable June 1.
- Ended Q1 with ~$29B cash, >$46B liquidity; full-year Model e loss still ~$3B.

## SEC filing metadata
- accession: 0000037996-23-000028
- form_type: 8-K
- ticker: F
- cik: 0000037996
- company_name: FORD MOTOR CO
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/37996/000003799623000028/0000037996-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/37996/000003799623000028/f-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000037996-23-000028
- JSON: https://secwatch.observer/filing/0000037996-23-000028.json
- Plain text: https://secwatch.observer/filing/0000037996-23-000028.txt

## Key facts
- Earnings Releases
  FORD MOTOR CO reported first quarter 2023 results: revenue $41.5 billion, net income $1.8 billion. Guidance reaffirmed.
  - Period: first quarter 2023
  - Revenue: $41.5 billion
  - Net income: $1.8 billion
  - Guidance: reaffirmed
  - Result: reported results
  source text: Ford’s First-Quarter Volumes, Sales, Profits, Cash Flow All Up; Distinct Segments Sharpen Focus, Speed, Accountability • Three customer-focused businesses now drive value, growth: Ford Blue (iconic gas, hybrid vehicles), Ford Model e (breakthrough EVs), Ford Pro (commercial products, services) • Quarterly revenue rises 20% year-over-year to $41.5 billion; $1.8 billion in net income compares to year-ago net loss of $3.1 billion; adjusted EBIT of $3.4 billion was 45% higher • Ford Pro EBIT nearly triples, to $1.4 billion, and Ford Blue EBIT doubles, to $2.6 billion, with margins for both exceeding 10% • Company reaffirms guidance for full-year 2023 adjusted EBIT of $9 billion to $11 billion, adjusted free cash flow of about $6 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/37996/000003799623000028/0000037996-23-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.