Filing Flows › CNH Industrial N.V. (CNH) › Q2 2025
CNH Industrial N.V. (CNH) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
CNH Industrial N.V. (CNH) reported revenue of $4.7B for the second quarter 2025 (Q2 2025), -14% from a year earlier and +23% from the quarter before. Operating margin was 6.2%, net earnings $217M (4.6% of revenue).
CNH Industrial N.V., Q2 2025: revenue $4.7B (-14% year over year), operating margin 6.2%, net earnings $217M, operating cash flow $772M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.7B | +23% | -14% |
| Operating profit | $293M | +64% | -41% |
| Net earnings | $217M | +64% | -46% |
| Operating cash flow | $772M | +377% | +104% |
What changed
Revenue was $4.7B in Q2 2025, down 14% year over year and up 23% from the previous quarter. Agriculture was the largest line at 69% of revenue. Agriculture lost $0.67B year over year (down 17%), 86% of the total change.
Operating profit was $0.29B, a 6.2% margin (down 2.9 points year over year). Total costs fell 11% while revenue fell 14%. Net earnings were $0.21B, down 47% year over year. The effective tax rate was 25.9%.
Operating cash flow was $0.77B (up 104% year over year), 356% of net earnings. Working capital and other items added $0.56B.
Questions
What was CNH Industrial N.V.'s revenue in the second quarter 2025?
CNH Industrial N.V.
Was CNH Industrial N.V. profitable in the second quarter 2025?
Operating profit was $293M (6.2% of revenue) and net earnings $217M.