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CNH Industrial N.V. (CNH) Q1 2026 earnings results (first quarter 2026)

10-Q filed Apr 30, 2026

CNH Industrial N.V. (CNH) reported revenue of $3.8B for the first quarter 2026 (Q1 2026), -0.1% from a year earlier and -26% from the quarter before. Operating margin was 0.4%, net earnings $10.0M (0.3% of revenue).

Revenue$3.8B
Year over year-0.1%
Quarter over quarter-26%
Operating margin0.4%
Net earnings$10.0M

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 follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$3.8B-26%-0.1%
Operating profit$14.0M-91%-92%
Net earnings$10.0M-89%-92%
Operating cash flow$35.0M-96%-78%

What changed

Revenue was $3.8B in Q1 2026, roughly flat year over year and down 26% from the previous quarter. Agriculture was the largest line at 68% of revenue. Construction lost $0.02B year over year (down 3%), 850% of the total change.

Operating profit was $0.01B, a 0.4% margin (down 4.3 points year over year). Total costs grew 4% against flat revenue. The fastest-growing cost line was Research & development (+26%). Net earnings were $0.01B, down 95% year over year. The effective tax rate was 28.6%.

Operating cash flow was $0.04B (down 78% year over year), 350% of net income including minority interests. Working capital and other items added $0.03B.

Questions

What was CNH Industrial N.V.'s revenue in the first quarter 2026?

CNH Industrial N.V.

Was CNH Industrial N.V. profitable in the first quarter 2026?

Operating profit was $14.0M (0.4% of revenue) and net earnings $10.0M.

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Source: CNH Industrial N.V. 10-Q on SEC EDGAR.