No, 1992 and 1995 Ford Explorers are not guaranteed to have interchangeable brake components. While some parts might be similar, brake systems can change subtly from year to year, even within the same model. Differences in caliper design, rotor size, and even the brake lines themselves could prevent a direct swap.
It's crucial to check the parts numbers for both vehicles to ensure compatibility. Using the wrong brakes can be extremely dangerous. Always consult a parts catalog (like a NAPA or AutoZone catalog) or a Ford parts website using the VIN of each vehicle to verify compatibility.