Ford Motor (F) Operating Expenses (2009 - 2026)
Ford Motor (F) reported Operating Expenses of $47.66 billion for Q2 2026, down 4.1% from $49.67 billion a year earlier but up 16.5% from the prior quarter.
Ford Motor (F) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ford Motor's Operating Expenses came in at $195.01 billion, up 7.0% year-over-year; for FY2025, it came in at $196.44 billion, up 9.3% from FY2024.
- Operating Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 8.3% (FY2020 to FY2025).
- By year, Operating Expenses came in at $179.77 billion in FY2024 (+5.3%), $170.73 billion in FY2023 (+12.5%), $151.78 billion in FY2022 (+15.1%) and $131.82 billion in FY2021 (+0.2%).
- Five-year quarterly Operating Expenses spans a low of $33.13 billion in Q1 2022 and a high of $57.45 billion in Q4 2025.
- Year over year, Operating Expenses gained in six of the last eight quarters, with growth averaging 5.1%.
- The high point for year-over-year Operating Expenses in five years was Q2 2022 (growth of 39.4%); the low point was Q2 2026 (a decline of 4.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $40.92 billion (Q1 2026), $57.45 billion (Q4 2025) and $48.98 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,142.14 Bn | 976.70 Bn | 4.75 Bn | 4.35 Bn |
| 2 | Toyota Motor | 240.48 Bn | -166.26 Bn | 20.95 Bn | 78.18 Bn |
| 3 | Ferrari | 149.20 Bn | 141.65 Bn | 1.18 Bn | 471.42 Mn |
| 4 | Honda Motor | 145.55 Bn | 12.93 Bn | 8.46 Bn | -34.70 Bn |
| 5 | General Motors | 70.62 Bn | -34.25 Bn | 7.33 Bn | 46.57 Bn |
| 6 | Ford Motor | 48.18 Bn | -94.29 Bn | 6.08 Bn | 47.66 Bn |
| 7 | Rivian Automotive | 20.39 Bn | -2.90 Bn | 179.00 Mn | 1.02 Bn |
| 8 | Magna International | 18.08 Bn | 15.64 Bn | 1.61 Bn | 273.20 Mn |
| 9 | Stellantis | 12.84 Bn | -153.16 Bn | 5.55 Bn | 4.85 Bn |
| 10 | Li Auto | 11.39 Bn | -42.62 Bn | 417.98 Mn | -757.09 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.66 Bn |
| Mar 31, 2026 | 40.92 Bn |
| Dec 31, 2025 | 57.45 Bn |
| Sep 30, 2025 | 48.98 Bn |
| Jun 30, 2025 | 49.67 Bn |
| Mar 31, 2025 | 40.34 Bn |
| Dec 31, 2024 | 46.98 Bn |
| Sep 30, 2024 | 45.32 Bn |
| Jun 30, 2024 | 45.93 Bn |
| Mar 31, 2024 | 41.55 Bn |
| Dec 31, 2023 | 46.21 Bn |
| Sep 30, 2023 | 42.67 Bn |
| Jun 30, 2023 | 42.49 Bn |
| Mar 31, 2023 | 39.36 Bn |
| Dec 31, 2022 | 42.44 Bn |
| Sep 30, 2022 | 38.89 Bn |
| Jun 30, 2022 | 37.32 Bn |
| Mar 31, 2022 | 33.13 Bn |
| Dec 31, 2021 | 36.94 Bn |
| Sep 30, 2021 | 34.34 Bn |
Ford Motor Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=F&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "F", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=F&period=max&api_key=YOUR_API_KEY");
const data = await res.json();