Ford Motor (F) Revenue — Quarter Ended Sep 30, 2023
Revenue for the reported quarter declined from the immediately preceding quarter but rose compared to the same quarter one year earlier. The filing highlights risks from higher labor costs and lower-than-expected electric vehicle adoption rates.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the reported quarter declined from the immediately preceding quarter but rose compared to the same quarter one year earlier. The filing highlights risks from higher labor costs and lower-than-expected electric vehicle adoption rates.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$43.8B
Revenue reported for this quarter.
Quarter-over-quarter
-2.6%
Change from the immediately preceding quarter.
Year-over-year
+11.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$174.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $44B | +16.8% |
| Mar 31, 2023 | $41.5B | +20.3% |
| Jun 30, 2023 | $45B | +11.9% |
| Sep 30, 2023 | $43.8B | +11.2% |
Revenue performance
The reported revenue decreased relative to the prior quarter, reflecting a sequential downturn.
Quarterly comparison
Compared with the same quarter a year ago, revenue increased. However, when measured against the immediately preceding quarter, revenue was lower.
What to watch
Monitor the impact of the new labor agreements and evolving electric vehicle market conditions on future revenue.