Ford Credit Auto Owner Trust 2026-A
Monthly Investor Report
| | | | | |
| Collection Period | May 2026 |
| Payment Date | 6/15/2026 |
| Transaction Month | 3 | |
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 | $ | 1,488,961,023.25 | | | 39,024 | | 55.0 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 297,000,000.00 | | | 3.826 | % | | March 15, 2027 |
| Class A-2a Notes | $ | 253,000,000.00 | | | 4.02 | % | | January 15, 2029 |
| Class A-2b Notes | $ | 253,000,000.00 | | | 4.07285 | % | * | January 15, 2029 |
| Class A-3 Notes | $ | 469,000,000.00 | | | 4.05 | % | | October 15, 2030 |
| Class A-4 Notes | $ | 78,000,000.00 | | | 4.16 | % | | April 15, 2032 |
| Class B Notes | $ | 42,630,000.00 | | | 4.34 | % | | April 15, 2032 |
| Class C Notes | $ | 28,410,000.00 | | | 0.00 | % | | September 15, 2033 |
| Total | $ | 1,421,040,000.00 | | | | | |
| | | * 30-day average SOFR + 0.43% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 5,330,566.89 | |
| |
| Principal: | |
| Principal Collections | $ | 29,520,568.46 | |
| Prepayments in Full | $ | 15,489,486.62 | |
| Liquidation Proceeds | $ | 146,691.37 | |
| Recoveries | $ | 3,702.85 | |
| Sub Total | $ | 45,160,449.30 | |
| Collections | $ | 50,491,016.19 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 131,295.54 | |
| Purchase Amounts Related to Interest | $ | 590.86 | |
| Sub Total | $ | 131,886.40 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 50,622,902.59 | |
Ford Credit Auto Owner Trust 2026-A
Monthly Investor Report
| | | | | |
| Collection Period | May 2026 |
| Payment Date | 6/15/2026 |
| Transaction Month | 3 | |
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 | | | $ | 50,622,902.59 | |
| Servicing Fee | $ | 1,158,934.18 | | | $ | 1,158,934.18 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 49,463,968.41 | |
| Interest - Class A-1 Notes | $ | 649,622.13 | | | $ | 649,622.13 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 48,814,346.28 | |
| Interest - Class A-2a Notes | $ | 847,550.00 | | | $ | 847,550.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 47,966,796.28 | |
| Interest - Class A-2b Notes | $ | 887,315.63 | | | $ | 887,315.63 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 47,079,480.65 | |
| Interest - Class A-3 Notes | $ | 1,582,875.00 | | | $ | 1,582,875.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 45,496,605.65 | |
| Interest - Class A-4 Notes | $ | 270,400.00 | | | $ | 270,400.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 45,226,205.65 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 45,226,205.65 | |
| Interest - Class B Notes | $ | 154,178.50 | | | $ | 154,178.50 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 45,072,027.15 | |
| Second Priority Principal Payment | $ | 7,857,820.50 | | | $ | 7,857,820.50 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 37,214,206.65 | |
| Interest - Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 37,214,206.65 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 37,214,206.65 | |
| Regular Principal Payment | $ | 189,319,361.45 | | | $ | 37,214,206.65 | | | $ | 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 | | | $ | 50,622,902.59 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 7,857,820.50 | |
| Regular Principal Payment | | | | | | | | | $ | 37,214,206.65 | |
| Total | | | | | | | | | $ | 45,072,027.15 | |
| | | | | | | | | |
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 | $ | 45,072,027.15 | | | $ | 151.76 | | | $ | 649,622.13 | | | $ | 2.19 | | | $ | 45,721,649.28 | | | $ | 153.95 | |
| Class A-2a Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 847,550.00 | | | $ | 3.35 | | | $ | 847,550.00 | | | $ | 3.35 | |
| Class A-2b Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 887,315.63 | | | $ | 3.51 | | | $ | 887,315.63 | | | $ | 3.51 | |
| Class A-3 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 1,582,875.00 | | | $ | 3.38 | | | $ | 1,582,875.00 | | | $ | 3.38 | |
| Class A-4 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 270,400.00 | | | $ | 3.47 | | | $ | 270,400.00 | | | $ | 3.47 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 154,178.50 | | | $ | 3.62 | | | $ | 154,178.50 | | | $ | 3.62 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | $ | 45,072,027.15 | | | $ | 31.72 | | | $ | 4,391,941.26 | | | $ | 3.09 | | | $ | 49,463,968.41 | | | $ | 34.81 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2026-A
Monthly Investor Report
| | | | | |
| Collection Period | May 2026 |
| Payment Date | 6/15/2026 |
| Transaction Month | 3 | |
V. NOTE BALANCE AND POOL INFORMATION
| | | | | | | | | | | | | | | | | | | | | | | |
| Beginning of Period | | End of Period |
| Balance | | Note Factor | | Balance | | Note Factor |
| Class A-1 Notes | $ | 197,177,181.95 | | | 0.6638962 | | $ | 152,105,154.80 | | | 0.5121386 |
| Class A-2a Notes | $ | 253,000,000.00 | | | 1.0000000 | | $ | 253,000,000.00 | | | 1.0000000 |
| Class A-2b Notes | $ | 253,000,000.00 | | | 1.0000000 | | $ | 253,000,000.00 | | | 1.0000000 |
| Class A-3 Notes | $ | 469,000,000.00 | | | 1.0000000 | | $ | 469,000,000.00 | | | 1.0000000 |
| Class A-4 Notes | $ | 78,000,000.00 | | | 1.0000000 | | $ | 78,000,000.00 | | | 1.0000000 |
| Class B Notes | $ | 42,630,000.00 | | | 1.0000000 | | $ | 42,630,000.00 | | | 1.0000000 |
| Class C Notes | $ | 28,410,000.00 | | | 1.0000000 | | $ | 28,410,000.00 | | | 1.0000000 |
| Total | $ | 1,321,217,181.95 | | | 0.9297537 | | $ | 1,276,145,154.80 | | | 0.8980361 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 4.845 | % | | 4.845 | % |
| Weighted Average Remaining Term | 53.52 | | 52.76 |
| Number of Receivables Outstanding | 37,440 | | 36,555 |
| Pool Balance | $ | 1,390,721,015.69 | | | $ | 1,345,362,685.81 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 1,327,867,367.31 | | | $ | 1,284,949,361.45 | |
| Pool Factor | 0.9340211 | | 0.9035580 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 3,552,622.85 | |
| Yield Supplement Overcollateralization Amount | $ | 60,413,324.36 | |
| Targeted Overcollateralization Amount | $ | 88,834,307.13 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 69,217,531.01 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 3,552,622.85 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 3,552,622.85 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 3,552,622.85 | |
| |
Ford Credit Auto Owner Trust 2026-A
Monthly Investor Report
| | | | | |
| Collection Period | May 2026 |
| Payment Date | 6/15/2026 |
| Transaction Month | 3 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 48 | | $ | 70,287.89 | |
| (Recoveries) | | | 1 | | $ | 3,702.85 | |
| Net Loss for Current Collection Period | | | | | $ | 66,585.04 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.0575 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | N/A |
| Second Prior Collection Period | | 0.0003 | % |
| Prior Collection Period | | | | | 0.0034 | % |
| Current Collection Period | | | | | 0.0584 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | N/A |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 141 | | $ | 74,651.65 | |
| (Cumulative Recoveries) | | | | | $ | 3,702.85 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 70,948.80 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.0048 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 529.44 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 503.18 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 0.44 | % | | 124 | | $ | 5,915,656.50 | |
| 61-90 Days Delinquent | 0.04 | % | | 16 | | $ | 517,938.76 | |
| 91-120 Days Delinquent | 0.00 | % | | 1 | | $ | 8,117.33 | |
| Over 120 Days Delinquent | 0.00 | % | | 0 | | $ | 0.00 | |
| Total Delinquent Receivables | 0.48 | % | | 141 | | $ | 6,441,712.59 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 12 | | $ | 468,555.72 | |
| Total Repossessed Inventory | | | 13 | | $ | 555,868.95 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.0078 | % |
| Prior Collection Period | | | | | 0.0374 | % |
| Current Collection Period | | | | | 0.0465 | % |
| Three Month Average | | | | | 0.0306 | % |
| | | | | |
| 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 | | | | | 0.0391 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2026-A
Monthly Investor Report
| | | | | |
| Collection Period | May 2026 |
| Payment Date | 6/15/2026 |
| Transaction Month | 3 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 56 | $2,814,911.54 |
| 2 Months Extended | | | 85 | $4,123,867.73 |
| 3+ Months Extended | | | 15 | $704,665.44 |
| | | | |
| Total Receivables Extended | 156 | $7,643,444.71 |
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