F — what changed in the latest 10-Q
A section-by-section comparison of F's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-29 vs the prior 10-Q · 2026-07-29
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +21 | −25 | ~75 | 147 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~3 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | Text added/removed | +5 | −3 | 0 | 1 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Risk factors
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-29
As of September 30, 2026, we expect to receive about $2.2 billion related to tariff reimbursements from the federal government and suppliers and as offsets to Company payment obligations to suppliers attributable to tariff actions taken by the U.S. government since March 2025.
Although we have started to receive reimbursements from the federal government, including about $500 million in the third quarter of 2026 related to the International Emergency Economic Powers Act (“IEEPA”) and tariff rulings from the United States Supreme Court and the Court of International Trade …
We recorded $127 million of pre-tax special item charges in the third quarter of 2026, primarily reflecting continued charges related to the EV program cancellations previously announced in December 2025, legal matter(s), and ongoing restructuring actions in Europe. Pension and OPEB remeasurement wa…
We recorded a $198 million benefit from tax special items in the third quarter of 2026, primarily reflecting a $179 million benefit resulting from legal entity restructuring of our South American operations.
In the third quarter of 2026, Ford Pro’s wholesales decreased 4% from a year ago, primarily reflecting the end of production of the Escape in North America for fleet customers (including daily rental) and lower Ranger and Transit wholesales. Higher Super Duty and F-150 wholesales were a partial offs…
Text removed vs the prior filing · source: 10-Q · 2026-07-29
As of June 30, 2026, we expect to receive about $3 billion related to tariff reimbursements from the federal government and suppliers and as offsets to Company payment obligations to suppliers. As previously disclosed, included in this amount is about $1.3 billion related to the International Emerge…
Although we have started to receive reimbursements from the federal government (excluding IEEPA), the timing for our receipt of these reimbursements is uncertain and is subject to changes in trade policy. Despite this uncertainty, we currently expect to receive about $500 million of reimbursements r…
Also as previously disclosed, in May 2026, Ford, SK On Co., Ltd., and SK Battery America, Inc., and BlueOval SK, LLC (“BOSK”) closed on the transactions contemplated by the Joint Venture Disposition Agreement (“JVDA”) the parties entered into in December 2025. In conjunction with the closing, our me…
Upon closing of the transactions, we recognized pre-tax special item charges of $3.6 billion, which includes about $500 million of cash expenditures. For additional information about BOSK, the JVDA, and the Ford DOE Loan Agreement, see Notes 12 and 16 of the Notes to the Financial Statements.
We recorded $4,179 million of pre-tax special item charges in the second quarter of 2026, primarily reflecting charges we recognized upon the closing of the transactions contemplated by the BOSK JVDA and charges related to the EV program cancellations previously announced in December 2025.
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-10-29
Hetsler v. Ford (as previously reported on page 36 of our 2025 Form 10-K Report). Plaintiff, Robert Hetsler, filed this product liability action against Ford in the Circuit Court of the Fourth Judicial Circuit in and for Duval County, Florida on April 24, 2020, alleging that a 2016 Roush Mustang had…
Capic v. Ford Motor Company of Australia. Plaintiff, Biljana Capic, filed this class action against Ford Motor Company of Australia (“Ford Australia”) in the Federal Court of Australia in May 2016 on behalf of current and former owners of Ford Focus, Fiesta, and EcoSport models equipped with DPS6 Po…
Brazilian Tax Matters (as previously reported on page 38 of our 2025 Form 10-K Report, page 65 of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and page 67 of our Quarterly Report on Form 10-Q for the quarter ended June 30, 2026). One Brazilian state (São Paulo) and the Bra…
All of the outstanding assessments have been appealed to the relevant administrative court of each jurisdiction and some appeals have progressed to the judicial court system. To proceed with an appeal within the judicial court system, an appellant may be required to post collateral. If we are requir…
Versata v. Ford (as previously reported on page 67 of our Quarterly Report on Form 10-Q for the quarter ended June 30, 2026). Plaintiff, Versata Software, LLC, filed a trade secret and breach of contract action against Ford in the United States District Court for the Eastern District of Michigan on …
Text removed vs the prior filing · source: 10-Q · 2026-07-29
Brazilian Tax Matters (as previously reported on page 38 of our 2025 Form 10-K Report and page 65 of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2026). One Brazilian state (São Paulo) and the Brazilian federal tax authority currently have outstanding substantial tax assessments…
All of the outstanding assessments have been appealed to the relevant administrative court of each jurisdiction and some appeals are now pending in the judicial court system. To proceed with an appeal within the judicial court system, an appellant may be required to post collateral. If we are requir…
Versata v. Ford. Plaintiff, Versata Software, LLC, filed a trade secret and breach of contract action against Ford in the United States District Court for the Eastern District of Michigan on February 19, 2015, alleging that Ford misappropriated its trade secrets and breached the parties’ licensing c…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice