Ford Q3 revenue up 11% to $44B, net income $1.2B; withdraws FY2023 guidance pending UAW deal ratification

FORD MOTOR CO

2023-Q3 EPS reported $1.21 revenue$130,229,000,000

Q3 revenue $44B (+11% YoY); net income $1.2B vs loss $827M; adjusted EBIT $2.2B.
Ford Pro EBIT $1.7B (12% margin) on $13.8B revenue (+16%); Ford Blue EBIT $1.7B (+17%); Ford Model e EBIT loss $1.3B on EV price pressure.
Withdrew FY2023 adjusted EBIT guidance of $11-12B pending ratification of tentative UAW labor agreement.
Cash flow: operations $4.6B, adjusted free cash flow $1.2B; cash $29B, liquidity $51B.
Organizational change: Kumar Galhotra named COO to lead end-to-end global industrial system.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FORD MOTOR CO reported third quarter 2023 results: revenue $44 billion, net income $1.2 billion.

Period: third quarter 2023
Revenue: $44 billion
Net income: $1.2 billion
Result: reported results

Exact text from the filing

Third-quarter revenue rises 11% year-over-year to $44 billion; net income of $1.2 billion compares to a year-ago loss of $827 million; adjusted EBIT increases to $2.2 billion

View on SEC.gov

Browse all earnings releases →

FORD MOTOR CO filing history →

Source: SEC EDGAR

accession 0000037996-23-000066

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.