The chart above displays the quarterly net revenue of Ford Motors from 2020 to 2023 in millions of US dollars.
In the first two quarters of 2023, Ford has generated $41,474 million and $44,954 million respectively in net revenue.
Quarterly Revenue of Ford Motors (2014-2023)
Amounts are in millions.
| 2023 | Quarterly Revenue (Millions) |
|---|---|
| Q1 | $41,474 |
| Q2 | $44,954 |
Ford Motors has experienced significant revenue growth in the first two quarters of 2022 compared to the same quarters of the prior year. The company experienced revenue growth of around $7 billion in the first quarter of 2023 compared to the same quarter of the prior year. In the second quarter also, the company experienced revenue growth of more than $4.7 billion compared to the same quarter of the prior year.
In the first half of 2023, the company has experienced revenue growth of around $11.8 billion compared to the same period of 2022. Its total net revenue for the first half of 2023 was $86,428 million compared to $74,66 million in the same period of the prior year.
| 2022 | Quarterly Revenue (millions) |
|---|---|
| Q1 | $34,476 |
| Q2 | $40,190 |
| Q3 | $39,392 |
| Q4 | $43,999 |
| Total | $158,057 |
In fiscal 2022, Ford Motors experienced solid revenue growth compared to the prior year. The company generated total $158,057 million in net revenue for the fiscal year compared to $136,341 in the prior fiscal year. Ford experienced 16% revenue growth in 2022 compared to the prior year.
The company also experienced 17% revenue growth in the fourth quarter of 2022 compared to the same quarter of the previous year. Its net revenue for the fourth quarter of 2022 was $43,999 million compared to $37,678 million in the same quarter of 2021.
| 2021 | Quarterly Revenue (millions) |
|---|---|
| Q1 | $36,228 |
| Q2 | $26,752 |
| Q3 | $35,683 |
| Q4 | $37,678 |
| Total | $136,341 |
In the first quarter of 2021, the net revenue of Ford Motors was around $1.9 billion higher compared to the same quarter of the prior year. Ford generated $36,228 million in net revenue in 2021 Q1 compared to $34,320 million in the same quarter of the prior year. In the second quarter of 2021, its net revenue increased by more than $7 billion compared to the same quarter of the prior year. Its net revenue in 2021 Q2 reached $26,752 million compared to $19,371 million in the same quarter of 2020.
However, in the third quarter of 2021, its net revenue remained $1.8 billion lower than the same quarter of 2020. Ford’s net revenue in the third quarter of 2021 was $35,683 million compared to $37,501 million in the same quarter of the prior year. In the last quarter of 2021, Ford experienced around $1.7 billion growth in its net revenue. The company generated $37,678 million in net revenue in the fourth quarter of 2021 compared to $35,952 million in the same quarter of 2020.
| FY 2020 | Net Revenue Quarterly (millions) |
|---|---|
| Q1 | $34,320 |
| Q2 | $19,371 |
| Q3 | $37,501 |
| Q4 | $35,952 |
Ford’s net revenue declined significantly in the first, second and fourth quarters of 2020 compared to the same quarters of the prior year. In the first quarter of 2020, its net sales remained around $6 billion lower compared to the same quarter of the prior year. The company experienced the highest decline in net sales in the second quarter of 2020 compared to the same quarter of 2019. Its total net sales in the second quarter were $19.4 billion or $19.45 billion lower compared to the second quarter of 2019. In the third quarter of 2020, the company experienced a decline of $676 million in its net sales compared to the same quarter of 2019. During the last quarter of 2020, the company experienced a decline of $3.7 billion in its net sales compared to the last quarter of the previous year.
| FY 2019 | Net Revenue Quarterly (millions) |
|---|---|
| Q1 | $40,342 |
| Q2 | $38,853 |
| Q3 | $36,990 |
| q4 | $39,715 |
| 2018 | Quarterly Revenue (millions) |
|---|---|
| Q1 | $ 41,959 |
| Q2 | $ 38,920 |
| Q3 | $ 37,666 |
| Q4 | $ 41,793 |
| 2017 | Quarterly Revenue (millions) |
|---|---|
| Q1 | $ 39,146 |
| Q2 | $ 39,853 |
| Q3 | $ 36,451 |
| Q4 | $ 41,326 |
| 2016 | Quarterly Revenue (millions) |
|---|---|
| Q1 | $ 37,718 |
| Q2 | $ 39,485 |
| Q3 | $ 35,943 |
| Q4 | $ 38,654 |
| 2015 | Quarterly Revenue (millions) |
|---|---|
| Q1 | $ 33,900 |
| Q2 | $ 37,263 |
| Q3 | $ 38,144 |
| Q4 | $ 40,251 |
| 2014 | Quarterly Revenue (millions) |
|---|---|
| Q1 | $35,876 |
| Q2 | $35,411 |
| Q3 | $34,920 |
| Q4 | $35,870 |
About the Ford Motor Company:
Ford Motor Company is a leading automobile brand based in Dearborn, Michigan, United States. The company was incorporated in 1919 in Delaware. It sells a vast range of Ford trucks, SUVs, and cars globally. Ford also sells Lincoln luxury vehicles. The company has expanded its range of electrified vehicles.
Ford’s net sales and revenue declined in 2020 compared to the previous year due to the pandemic. The company sold 4.5 million vehicle units in 2020 compared to 5.5 million in 2019. The company’s net revenue was $127.14 billion in 2020 compared to $155.9 billion in 2019.
Ford has maintained a strong global presence and is among the leading automobile brands globally.
RELATED:
FORD MOTORS VEHICLE SALES
FORD MOTORS VEHICLES SOLD IN THE US
FORD MOTORS REVENUE AND NET INCOME
FORD MOTORS US REVENUE
FORD MOTORS UK REVENUE
FORD MOTORS REVENUE FROM CANADA AND GERMANY
FORD MOTORS REVENUE BY BUSINESS SEGMENT
FORD MOTORS REVENUE FROM CANADA AND GERMANY
Abhijeet Pratap is a passionate blogger with seven years of experience in the field. Specializing in business management and digital marketing, he has developed a keen understanding of the intricacies of these domains. Through his insightful articles, Abhijeet shares his knowledge, helping readers navigate the complexities of modern business landscapes and digital strategies.