# Ford narrows quarterly EV loss to $1.05 billion and lifts earnings floor

_Published Wednesday, October 28, 2026 at 8:19 PM EDT · Products · Latest · Tier 2 — Notable_

Ford reported that its electric vehicle division lost $1.05 billion in the third quarter, compared with $1.4 billion a year earlier, as the automaker raised the lower end of its full-year adjusted earnings forecast. CFO Sherry House said the company remains on track for its EV business to break even by 2029.

Ford now expects full-year adjusted earnings before interest and taxes of $10.5 billion to $11 billion, versus its previous $10 billion to $11 billion range. House warned that commodity, logistics and chip costs would increase, and said Ford is targeting 2027 profitability roughly in line with 2026.

## Sources

- [Celtics Wire](https://celticswire.usatoday.com/story/money/cars/ford/2026/10/28/ford-reports-its-q3-pre-tax-income-up-slightly-year-over-year/92459783007/)

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Canonical: https://techandbusiness.org/newswire/QeVo9-15RD0NZYpZlBH4Xp
Published: 2026-10-29T00:19:18.693Z
Story chronology: 2026-10-28T20:14:00.165Z
Retrieved: 2026-10-29T03:56:59.488Z
Publisher: Tech & Business (techandbusiness.org)