Ford Motor (F) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter declined versus the preceding quarter, reflecting a sequential decrease. However, compared to the same period a year earlier, revenue was higher, indicating year-over-year growth.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter declined versus the preceding quarter, reflecting a sequential decrease. However, compared to the same period a year earlier, revenue was higher, indicating year-over-year growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$46.2B
Revenue reported for this quarter.
Quarter-over-quarter
-3.4%
Change from the immediately preceding quarter.
Year-over-year
+5.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$182.7B
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, 2023 | $46B | +4.5% |
| Mar 31, 2024 | $42.8B | +3.1% |
| Jun 30, 2024 | $47.8B | +6.3% |
| Sep 30, 2024 | $46.2B | +5.5% |
Revenue performance
The company's filing discusses risks related to lower-than-expected electric vehicle volumes and its planned shift toward a greater mix of electric vehicles. Reported revenue for the period came in lower than the prior quarter but above the year-ago level.
Quarterly comparison
Sequentially, revenue fell from the immediately preceding quarter. On a year-over-year basis, revenue rose compared to the same quarter one year earlier.
What to watch
The filing highlights special items including an electric vehicle program cancellation, which may affect future profitability.