Filing Flows › CNH Industrial N.V. (CNH) › Q3 2025
CNH Industrial N.V. (CNH) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
CNH Industrial N.V. (CNH) reported revenue of $4.4B for the third quarter 2025 (Q3 2025), -5% from a year earlier and -7% from the quarter before. Operating margin was 1.5%, net earnings $80.0M (1.8% of revenue).
CNH Industrial N.V., Q3 2025: revenue $4.4B (-6% year over year), operating margin 1.5%, net earnings $80.0M, operating cash flow $659M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.4B | -7% | -5% |
| Operating profit | $68.0M | -77% | -82% |
| Net earnings | $80.0M | -62% | -74% |
| Operating cash flow | $659M | -15% | -17% |
What changed
Revenue was $4.4B in Q3 2025, down 5% year over year and down 7% from the previous quarter. Agriculture was the largest line at 67% of revenue. Agriculture lost $0.35B year over year (down 10%), 136% of the total change.
Operating profit was $0.07B, a 1.5% margin (down 6.7 points year over year). Total costs grew 1% against a revenue fall of 5%. The fastest-growing cost line was SG&A (+29%). Net earnings were $0.08B, down 74% year over year ($0.07B including minority interests, which bore $0.01B of losses). The effective tax rate was 1.5%.
Operating cash flow was $0.66B (down 17% year over year), 984% of net income including minority interests. Working capital and other items added $0.59B.
Questions
What was CNH Industrial N.V.'s revenue in the third quarter 2025?
CNH Industrial N.V.
Was CNH Industrial N.V. profitable in the third quarter 2025?
Operating profit was $68.0M (1.5% of revenue) and net earnings $80.0M.