Ford Motor — Oct 23, 2025 release

djusted free cash flow of $2.0 billion to $3.0 billion and capital spending of about $9 billion • Between 2025 and 2026, expected Novelis headwind of $1.0 billion or less • Novelis-related 2025 adjusted EBIT headwind of $1.5 billion to $2.0 billion, also affecting full-year cash flow; expected to mitigate at least $1.0 billion of adjusted EBIT in 2026 DEARBORN, Mich., Oct. 23, 2025 – Ford Motor Co. (NYSE: F) today announced its third- quarter 2025 financial results. “Ford posted another strong quarter, delivering more than $50 billion in revenue powered by our incredible products and services, the durability of Ford Pro and our disciplined focus on cost and quality,” said Jim Farley, Ford president and CEO. “We are heading into 2026 as a stronger and more agile company. We will continue to focus on execution and on quickly making the right strategic calls on propulsion, partnerships and technology that will create tremendous value for our customers.” Added Ford CFO Sherry House: “The strength of our underlying business was evident in our third quarter results. Adjusting for tariffs, year-over-year adjusted EBIT improved by $0.7 billion. Ford is determined to become higher-growth, higher-margin, more capital efficient and durable as we deliver great products, software and physical services to customers around the world.” Total Company Highlights Third Quarter First Nine Months 2024 2025 Change 2024 2025 Change Wholesale Units