Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| | | | | |
| Collection Period | February 2026 |
| Payment Date | 3/16/2026 |
| Transaction Month | 6 | |
Additional information about the structure, cashflows, defined terms and parties for this transaction can be found in the prospectus, available on the SEC website (http://www.sec.gov) under the registration number 333-281130 and at https://www.ford.com/finance/investor-center/asset-backed-securitization.
I. ORIGINAL DEAL PARAMETERS
| | | | | | | | | | | | | | | | | |
| Dollar Amount | | # of Receivables | | Weighted Avg Remaining Term at Cutoff |
| Initial Pool Balance | $ | 1,645,740,999.46 | | | 43,700 | | 55.3 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 320,400,000.00 | | | 4.057 | % | | October 15, 2026 |
| Class A-2a Notes | $ | 325,000,000.00 | | | 3.88 | % | | June 15, 2028 |
| Class A-2b Notes | $ | 217,400,000.00 | | | 3.95819 | % | * | June 15, 2028 |
| Class A-3 Notes | $ | 542,400,000.00 | | | 3.91 | % | | April 15, 2030 |
| Class A-4 Notes | $ | 94,800,000.00 | | | 3.95 | % | | July 15, 2031 |
| Class B Notes | $ | 47,370,000.00 | | | 4.24 | % | | July 15, 2031 |
| Class C Notes | $ | 31,570,000.00 | | | 0.00 | % | | March 15, 2033 |
| Total | $ | 1,578,940,000.00 | | | | | |
| | | * 30-day average SOFR + 0.30% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 5,783,491.01 | |
| |
| Principal: | |
| Principal Collections | $ | 29,250,710.65 | |
| Prepayments in Full | $ | 12,523,790.27 | |
| Liquidation Proceeds | $ | 516,010.74 | |
| Recoveries | $ | 7,732.65 | |
| Sub Total | $ | 42,298,244.31 | |
| Collections | $ | 48,081,735.32 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 104,795.05 | |
| Purchase Amounts Related to Interest | $ | 631.02 | |
| Sub Total | $ | 105,426.07 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 48,187,161.39 | |
Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| | | | | |
| Collection Period | February 2026 |
| Payment Date | 3/16/2026 |
| Transaction Month | 6 | |
III. DISTRIBUTIONS
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Calculated Amount | | Amount Paid | | Shortfall | | Carryover Shortfall | | Remaining Available Funds |
| Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 48,187,161.39 | |
| Servicing Fee | $ | 1,161,911.08 | | | $ | 1,161,911.08 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 47,025,250.31 | |
| Interest - Class A-1 Notes | $ | 195,880.55 | | | $ | 195,880.55 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 46,829,369.76 | |
| Interest - Class A-2a Notes | $ | 1,050,833.33 | | | $ | 1,050,833.33 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 45,778,536.43 | |
| Interest - Class A-2b Notes | $ | 645,382.88 | | | $ | 645,382.88 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 45,133,153.55 | |
| Interest - Class A-3 Notes | $ | 1,767,320.00 | | | $ | 1,767,320.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 43,365,833.55 | |
| Interest - Class A-4 Notes | $ | 312,050.00 | | | $ | 312,050.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 43,053,783.55 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 43,053,783.55 | |
| Interest - Class B Notes | $ | 167,374.00 | | | $ | 167,374.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 42,886,409.55 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 42,886,409.55 | |
| Interest - Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 42,886,409.55 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 42,886,409.55 | |
| Regular Principal Payment | $ | 64,376,157.92 | | | $ | 42,886,409.55 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 48,187,161.39 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 42,886,409.55 | |
| Total | | | | | | | | | $ | 42,886,409.55 | |
| | | | | | | | | |
IV. NOTEHOLDER PAYMENTS
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Noteholder Principal Payments | | Noteholder Interest Payments | | Total Payment |
| | | Per $1,000 of | | | | Per $1,000 of | | | | Per $1,000 of |
| Actual | | Original Balance | | Actual | | Original Balance | | Actual | | Original Balance |
| Class A-1 Notes | $ | 42,886,409.55 | | | $ | 133.85 | | | $ | 195,880.55 | | | $ | 0.61 | | | $ | 43,082,290.10 | | | $ | 134.46 | |
| Class A-2a Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 1,050,833.33 | | | $ | 3.23 | | | $ | 1,050,833.33 | | | $ | 3.23 | |
| Class A-2b Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 645,382.88 | | | $ | 2.97 | | | $ | 645,382.88 | | | $ | 2.97 | |
| Class A-3 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 1,767,320.00 | | | $ | 3.26 | | | $ | 1,767,320.00 | | | $ | 3.26 | |
| Class A-4 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 312,050.00 | | | $ | 3.29 | | | $ | 312,050.00 | | | $ | 3.29 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 167,374.00 | | | $ | 3.53 | | | $ | 167,374.00 | | | $ | 3.53 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | $ | 42,886,409.55 | | | $ | 27.16 | | | $ | 4,138,840.76 | | | $ | 2.62 | | | $ | 47,025,250.31 | | | $ | 29.78 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| | | | | |
| Collection Period | February 2026 |
| Payment Date | 3/16/2026 |
| Transaction Month | 6 | |
V. NOTE BALANCE AND POOL INFORMATION
| | | | | | | | | | | | | | | | | | | | | | | |
| Beginning of Period | | End of Period |
| Balance | | Note Factor | | Balance | | Note Factor |
| Class A-1 Notes | $ | 64,376,157.92 | | | 0.2009243 | | $ | 21,489,748.37 | | | 0.0670716 |
| Class A-2a Notes | $ | 325,000,000.00 | | | 1.0000000 | | $ | 325,000,000.00 | | | 1.0000000 |
| Class A-2b Notes | $ | 217,400,000.00 | | | 1.0000000 | | $ | 217,400,000.00 | | | 1.0000000 |
| Class A-3 Notes | $ | 542,400,000.00 | | | 1.0000000 | | $ | 542,400,000.00 | | | 1.0000000 |
| Class A-4 Notes | $ | 94,800,000.00 | | | 1.0000000 | | $ | 94,800,000.00 | | | 1.0000000 |
| Class B Notes | $ | 47,370,000.00 | | | 1.0000000 | | $ | 47,370,000.00 | | | 1.0000000 |
| Class C Notes | $ | 31,570,000.00 | | | 1.0000000 | | $ | 31,570,000.00 | | | 1.0000000 |
| Total | $ | 1,322,916,157.92 | | | 0.8378508 | | $ | 1,280,029,748.37 | | | 0.8106893 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 5.268 | % | | 5.279 | % |
| Weighted Average Remaining Term | 51.63 | | 50.88 |
| Number of Receivables Outstanding | 39,627 | | 38,908 |
| Pool Balance | $ | 1,394,293,290.99 | | | $ | 1,351,566,483.70 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 1,339,783,209.16 | | | $ | 1,299,330,077.83 | |
| Pool Factor | 0.8472131 | | 0.8212510 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 3,947,371.48 | |
| Yield Supplement Overcollateralization Amount | $ | 52,236,405.87 | |
| Targeted Overcollateralization Amount | $ | 83,815,377.74 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 71,536,735.33 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 3,947,371.48 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 3,947,371.48 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 3,947,371.48 | |
| |
Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| | | | | |
| Collection Period | February 2026 |
| Payment Date | 3/16/2026 |
| Transaction Month | 6 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 67 | | $ | 331,500.58 | |
| (Recoveries) | | | 4 | | $ | 7,732.65 | |
| Net Loss for Current Collection Period | | | | | $ | 323,767.93 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.2787 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | 0.0064 | % |
| Second Prior Collection Period | | 0.1380 | % |
| Prior Collection Period | | | | | 0.1701 | % |
| Current Collection Period | | | | | 0.2830 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 0.1494 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 336 | | $ | 743,207.21 | |
| (Cumulative Recoveries) | | | | | $ | 20,437.71 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 722,769.50 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.0439 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 2,211.93 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 2,151.10 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 0.49 | % | | 161 | | $ | 6,604,615.77 | |
| 61-90 Days Delinquent | 0.09 | % | | 27 | | $ | 1,246,283.20 | |
| 91-120 Days Delinquent | 0.03 | % | | 7 | | $ | 346,963.50 | |
| Over 120 Days Delinquent | 0.01 | % | | 4 | | $ | 187,476.96 | |
| Total Delinquent Receivables | 0.62 | % | | 199 | | $ | 8,385,339.43 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 16 | | $ | 850,747.11 | |
| Total Repossessed Inventory | | | 26 | | $ | 1,305,668.04 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.0964 | % |
| Prior Collection Period | | | | | 0.1009 | % |
| Current Collection Period | | | | | 0.0977 | % |
| Three Month Average | | | | | 0.0983 | % |
| | | | | |
| Delinquency Trigger (61+ Delinquent Receivables) | | | | | |
| Transaction Month | Trigger | | | | |
| 1-12 | 0.80% | | | | |
| 13-24 | 1.30% | | | | |
| 25-36 | 2.40% | | | | |
| 37+ | 4.55% | | | | |
| 61+ Delinquent Receivables Balance to EOP Pool Balance | | | | | 0.1318 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2025-B
Monthly Investor Report
| | | | | |
| Collection Period | February 2026 |
| Payment Date | 3/16/2026 |
| Transaction Month | 6 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 72 | $3,324,290.09 |
| 2 Months Extended | | | 121 | $5,729,046.43 |
| 3+ Months Extended | | | 27 | $1,320,226.72 |
| | | | |
| Total Receivables Extended | 220 | $10,373,563.24 |
IX. REPURCHASE DEMAND ACTIVITY (RULE 15Ga-1)
| | |
| No Activity to report |
|
| Most Recent Form ABS-15G for repurchase demand activity |
|
| Filed by: Ford Motor Credit Company LLC |
| CIK#: 0000038009 |
| Date: February 6, 2026 |
|
X. FLOATING RATE BENCHMARK: BENCHMARK TRANSITION
| | | | | |
| Benchmark Transition Event: | N/A |
| |
| Benchmark Replacement Date: | N/A |
| |
| Unadjusted Benchmark Replacement: | N/A |
| |
| Benchmark Replacement Adjustment: | N/A |
| |
| Benchmark Replacement Conforming Changes: | N/A |
| |
SERVICER CERTIFICATION
THIS REPORT IS ACCURATE IN ALL MATERIAL RESPECTS.
Ford Motor Credit Company LLC
/s/ Ryan M. Hershberger
Assistant Treasurer