Income Statement Research
Review the full annual statement in one scroll, from headline results to detailed SEC line items, margin conversion, and growth diagnostics.
Snapshot
Ford Motor Co's top line, gross profit, operating income, and bottom-line conversion. Values in USD millions.
Revenue
+8.3%Compound growth, FY2021 to FY2025
Gross profit
-12.4%Compound growth, FY2021 to FY2025
Operating Income
N/ACompound growth, FY2021 to FY2025
Net income
N/ACompound growth, FY2021 to FY2025
Headline results
Four lines, five fiscal years, straight from the filings.
Ford Motor Co headline income statement — FY2025
Trend
The same four lines drawn across the window.
All values shown in USD millions unless noted otherwise.
Line items
The full annual income statement layer for Ford Motor Co, from revenue down to share counts.
Statement basis
USD millions, except per-share and share-count rows.
Ford Motor Co expanded income statement — FY2025
Expanded annual statement lines sourced from the SEC EDGAR database for Ford Motor Co.
Margins
How much of Ford Motor Co's revenue survives through gross profit, operating income, and net income.
Gross margin
-907 bpsFY2025, versus FY2021
Operating Margin
-821 bpsFY2025, versus FY2021
Net income margin
-1751 bpsFY2025, versus FY2021
Observation window
yearsFY2021 through FY2025
Margin table
Side-by-side read of gross, operating and net margin.
Margin trend
The shape of profitability across the window.
Margins are calculated from annual SEC facts using reported revenue as the denominator.
Year on year
Every headline line of Ford Motor Co's statement measured against the immediately prior period.
Revenue YoY
FY2024FY2025 versus FY2024
Gross profit YoY
FY2024FY2025 versus FY2024
Op. income YoY
FY2024FY2025 versus FY2024
Net income YoY
FY2024FY2025 versus FY2024
Year-on-year table
Contractions are tinted so slowdowns are obvious.
Ford Motor Co year-on-year change — FY2025
Momentum
Whether the business is accelerating or rolling over.
Year-on-year change compares each annual period against the immediately prior year inside the selected window.
Compound growth
Compounded annual growth from FY2021 to FY2025, which filters out one-year noise.
Revenue CAGR
4yrFY2021 to FY2025
Gross profit CAGR
4yrFY2021 to FY2025
Op. income CAGR
4yrFY2021 to FY2025
Net income CAGR
4yrFY2021 to FY2025
Compound rates use the first and last reported year in the window, so a gap in either endpoint suppresses the figure.
Commentary
A written read of the filing-backed figures above. The statement itself remains the source of truth.
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Examining Ford Motor Co’s financial performance over the last five years reveals notable revenue growth coupled with volatile profitability metrics. Revenue steadily increased from 136,341 million USD in 2021 to 187,267 million USD in 2025, reflecting an overall expansion of approximately 37% over the period. Gross profit also trended upward from 21,690 to 26,558 million USD between 2021 and 2024, although it experienced a significant drop to 12,801 million USD in 2025. Operating income, which was positive from 2021 through 2024, peaked at 6,276 million USD in 2022 but sharply swung to a negative 9,169 million USD in 2025—a stark reversal exceeding a 200% decline compared to the previous year’s levels. Net income exhibited substantial fluctuations as well. The company reported a robust 17,937 million USD profit in 2021, which then plunged into a loss of 1,981 million USD in 2022, before rebounding to 4,329 and 5,894 million USD in 2023 and 2024, respectively. However, the sharp decline to a loss of 8,162 million USD in 2025 signals significant operational challenges that coincide with the downturn in operating income and gross profit. These year-over-year swings, particularly the dramatic reversals in 2022 and 2025, could be driven by shifts in market conditions, structural cost increases, or other operational disruptions. Overall, while the revenue growth underscores continued market demand, the erratic profitability measures raise concerns about cost management and operational efficiency, suggesting that further strategic adjustments may be necessary to enhance financial stability and sustain long-term profitability in a competitive automotive landscape.
This analysis is for informational purposes only and does not constitute financial advice or a recommendation for any investment decision. Please consult a qualified financial professional for personalised guidance.
