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FFord Motor Company

Consumer discretionary · Automakers · NYSE

Ford Motor Company was incorporated in Delaware in 1919. 10-K, Item 1

Headquarters
Dearborn, MI
Next results
around Feb 9, 2027
Compare with peers → Embed
RevenueFY2016–25 $187.3B+1.2% Highest in 10 years 10-K FY2025 · XBRL Net incomeFY2016–25 −$8.2B FY2024: $5.9B 10-K FY2025 · XBRL Free cash flowFY2016–25 $12.5B+85.0% FY2024: $6.7B 10-K FY2025 · XBRL Operating marginFY2016–25 -4.9%−7.7 pts 3.1% in FY2017 10-K FY2025 · XBRL

What changed

10-K filed Feb 11, 2026 against Feb 6, 2025
AreaWhat changedSource
Risk factors12 new paragraphs, nothing like them in the previous 10-K10-K Item 1A
Critical audit matters changedNew this year: Impairments of Model e Long-Lived Assets and Equity in Net Assets of an Affiliated Company (“As described in Notes 2, 13, 14, and 23 to the consolidated financial statements, the Company’s net property was $37.3 billion as of December 31, 2025, a portion of which relates to the Model e long-lived assets, and equity in net assets of affiliated companies was $2.8 billion as of December 31, 20”). Same as last year: Warranty and Field Service Actions Accrual (United States); Ford Credit Consumer Finance Receivables Allowance for Credit Losses10-K · XBRL
Material impairment (8-K item 2.06)8-K item 2.06 (material impairments) filed 2025-12-15: “As previously disclosed, although we are investing in our electric vehicle (“EV”) strategy, we anticipate that the market for EVs will continue to be challenging. As a result, we are taking several actions to adjust our business strategy, which impact our EV manufacturing capacity and product roadmap. BlueOval SK, LLC On December 9, 2025, Ford Motor Company (“Ford”), SK On Co., Ltd. (“SK On”), SK…”10-K · XBRL
Accounting checks9 other checks clear, 2 worth a look10-K · XBRL
InsidersNo open-market buys in the last 90 daysForm 4
Filings2 in the last 30 daysEDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Feb 11, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-06. Quoted as filed.

  1. Ford is also subject to environmental regulatory compliance requirements, and in many jurisdictions (including the United States), we are required to report on and correct certain emissions-related defects. Similarly, where required by regulation, we are obligated to honor certain warranties on emissions-related components, which can…
    10-K, Item 1A
All 12 new paragraphs →

Accounting checks

latest 10-K

9 of 11 clear 2 worth a look. Checks, not verdicts.

  • !
    Critical audit matters changedNew this year: Impairments of Model e Long-Lived Assets and Equity in Net Assets of an Affiliated Company (“As described in Notes 2, 13, 14, and 23 to the consolidated financial statements, the Company’s net property was $37.3 billion as of December 31, 2025, a portion of which relates to the Model e long-lived assets, and equity in net assets of affiliated companies was $2.8 billion as of December 31, 20”). Same as last year: Warranty and Field Service Actions Accrual (United States); Ford Credit Consumer Finance Receivables Allowance for Credit Losses
  • !
    Material impairment (8-K item 2.06)8-K item 2.06 (material impairments) filed 2025-12-15: “As previously disclosed, although we are investing in our electric vehicle (“EV”) strategy, we anticipate that the market for EVs will continue to be challenging. As a result, we are taking several actions to adjust our business strategy, which impact our EV manufacturing capacity and product roadmap. BlueOval SK, LLC On December 9, 2025, Ford Motor Company (“Ford”), SK On Co., Ltd. (“SK On”), SK…”
  • ✓
    Receivables +4.6% vs revenue +1.2% (+3.4 pts)
  • ✓
    Cash from operations $21.3B vs net income −$8.2B (FY ending 2025-12-31)
  • ✓
    Inventory +2.2% vs revenue +1.2% (+1.0 pts)
  • ✓
    Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
  • ✓
    No statement of substantial doubt about going concern
  • ✓
    No 8-K item 4.02 in the last 2 years
  • ✓
    No NT 10-K or NT 10-Q in the last 2 years
  • ✓
    No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • ✓
    No 8-K item 1.03 in the last 2 years
How each check works, with sources →

In the last 30 days

All filings →

Work on F in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/F/export.csv") into a cell.