Ford Motor Company announced on Wednesday that its revenue in the second quarter of fiscal 2025 jumped 5% year over year to land at $50.2 billion.
The automaker reported a net loss of $36 million. The net income for the same period last year was $1.83 billion. Ford included the outlook in the report, anticipating full-year adjusted EBIT of $6.5 billion to $7.5 billion, while also underscoring an estimated net $2 billion hit from tariffs.
"Our second-quarter performance shows the power of the Ford+ plan and continued execution on cost and quality," Ford CEO Jim Farley commented. Meanwhile, CFO Sherry House highlighted the company's balance sheet keeps getting stronger, further enabling its ability to "invest in areas of strength."
Following the release, Ford's shares dropped 2.48% to go for $10.63 in the after-hours trade at 4:22 pm ET.
