Ford Motor (F) Revenue — Quarter Ended Mar 31, 2024
Revenue declined from the prior quarter but rose compared with the same quarter a year ago.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue declined from the prior quarter but rose compared with the same quarter a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$42.8B
Revenue reported for this quarter.
Quarter-over-quarter
-6.9%
Change from the immediately preceding quarter.
Year-over-year
+3.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$177.5B
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 |
|---|---|---|
| Jun 30, 2023 | $45B | +11.9% |
| Sep 30, 2023 | $43.8B | +11.2% |
| Dec 31, 2023 | $46B | +4.5% |
| Mar 31, 2024 | $42.8B | +3.1% |
Revenue performance
The reported revenue represents a decrease from the immediately preceding quarter.
Quarterly comparison
Revenue was lower than the trailing three-month period ended December thirty-first, yet higher than the same quarter one year earlier.
What to watch
The filing notes risk factors related to lower-than-anticipated electric vehicle volumes and the planned transition to a greater mix of electric vehicles.