Filing Flows › CNH Industrial N.V. (CNH) › Q1 2026 › vs Q1 2025
CNH Industrial N.V. (CNH) Q1 2026 vs Q1 2025 (year over year)
CNH Industrial N.V.'s revenue fell $2.0M (-0.1%) from $3.8B in Q1 2025 to $3.8B in Q1 2026. The biggest changes: Financial Services −$5.0M (-0.8%); Total Industrial Activities −$2.0M (-0.1%). Operating margin 0.4% against 4.7% (-4.3 pts).
CNH Industrial N.V., Q1 2026: revenue $3.8B (-0.1% year over year), operating margin 0.4%, net earnings $10.0M, operating cash flow $35.0M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Operating margin | 0.4% | 4.7% | -4.3 pts |
| Net margin | 0.3% | 3.4% | -3.2 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Agriculture | $2.6B | $2.6B | $15.0M | +0.6% |
| Construction | $574M | $591M | −$17.0M | -3% |
| Total Industrial Activities | $3.2B | $3.2B | −$2.0M | -0.1% |
| Financial Services | $646M | $651M | −$5.0M | -0.8% |
| Revenue | $3.8B | $3.8B | −$2.0M | -0.1% |
| Operating profit | $14.0M | $179M | −$165M | -92% |
| Costs & expenses | $3.8B | $3.6B | $163M | +4% |
| Pre-tax earnings | $14.0M | $179M | −$165M | -92% |
| Cost of revenue | $2.6B | $2.6B | $36.0M | +1% |
| Research & development | $232M | $184M | $48.0M | +26% |
| SG&A | $465M | $386M | $79.0M | +20% |
| Other operating costs | $510M | $510M | $0 | 0% |
| Net earnings | $10.0M | $132M | −$122M | -92% |
| Income tax | $4.0M | $47.0M | −$43.0M | -91% |
| Working capital & other | $25.0M | $30.0M | −$5.0M | -17% |
| Operating cash flow | $35.0M | $162M | −$127M | -78% |
Questions
How much did CNH Industrial N.V.'s revenue grow year over year in Q1 2026?
CNH Industrial N.V.'s revenue fell $2.0M (-0.1%) from $3.8B in Q1 2025 to $3.8B in Q1 2026.
What drove CNH Industrial N.V.'s revenue change in Q1 2026?
Financial Services −$5.0M (-0.8%); Total Industrial Activities −$2.0M (-0.1%).