Ford Profits Run on Gas, Hybrids, and Credit — Not EVs

Ford posted $48.3 billion in Q2 2026 revenue and $2.5 billion in adjusted operating profit, raising full-year guidance to $10–11 billion. Seven months after a $19.5 billion writedown on its EV retreat, profits rest on gas vehicles, hybrids, commercial trucks, and Ford Credit. The affordable skunkworks EVs meant to replace that scrapped strategy aren't on the road yet.