Q2 2025 Financial Highlights - Record Q2 revenue of $50 billion, a 5% increase year-over-year, outpacing wholesale growth[15] - Adjusted EBIT was $2.1 billion, down 22% year-over-year, with an adjusted EBIT margin of 4.3%, a decrease of 1.5 percentage points[22] - Adjusted free cash flow was $2.8 billion, a decrease of $0.4 billion year-over-year[22] - Adjusted EPS was $0.37, a decrease of $0.10 year-over-year[22] Segment Performance - Ford Pro's EBIT was $2.3 billion with a 12.3% margin[22] - Ford Model e had an EBIT loss of $1.3 billion with a negative 56.4% margin[22] - Ford Blue's EBIT was $0.7 billion with a 2.6% margin[22] Ford Pro Metrics - Ford Pro paid subscriptions increased 24% to 757,000[15] - Software and physical services contributed 17% of Ford Pro's EBIT on a trailing twelve-month basis[19] 2025 Guidance - Adjusted EBIT outlook revised to $6.5 billion to $7.5 billion[63] - Capital spending is expected to be approximately $9 billion[63] - Net tariff impact is estimated to be approximately negative $2 billion[63]