Filing Flows › CNH Industrial N.V. (CNH) › Q3 2026 › vs Q2 2026
CNH Industrial N.V. (CNH) Q3 2026 vs Q2 2026 (quarter over quarter)
CNH Industrial N.V.'s revenue fell $449M (-9%) from $4.8B in Q2 2026 to $4.4B in Q3 2026. The biggest changes: Total Net sales of Industrial Activities −$459M (-11%); Financial Services +$9.0M (+1%). Operating margin 5.5% against 3.8% (+1.7 pts).
CNH Industrial N.V., Q3 2026: revenue $4.4B (-1% year over year), operating margin 5.5%, net earnings $30.0M, operating cash flow $686M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 5.5% | 3.8% | +1.7 pts |
| Net margin | 0.7% | 2.9% | -2.2 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Agriculture | $2.9B | $3.3B | −$370M | -11% |
| Construction | $777M | $866M | −$89.0M | -10% |
| Total Net sales of Industrial Activities | $3.7B | $4.1B | −$459M | -11% |
| Financial Services | $665M | $656M | $9.0M | +1% |
| Revenue | $4.4B | $4.8B | −$449M | -9% |
| Operating profit | $239M | $184M | $55.0M | +30% |
| Costs & expenses | $4.1B | $4.6B | −$504M | -11% |
| Pre-tax earnings | $239M | $184M | $55.0M | +30% |
| Cost of revenue | $2.9B | $3.4B | −$509M | -15% |
| Research & development | $223M | $230M | −$7.0M | -3% |
| SG&A | $490M | $494M | −$4.0M | -0.8% |
| Other operating costs | $515M | $499M | $16.0M | +3% |
| Net earnings | $30.0M | $138M | −$108M | -78% |
| Minority interests | $5.0M | $3.0M | $2.0M | +67% |
| Income tax | $204M | $43.0M | $161M | +374% |
| Working capital & other | $656M | $7.0M | $649M | 94× |
| Operating cash flow | $686M | $145M | $541M | +373% |
Questions
How much did CNH Industrial N.V.'s revenue grow quarter over quarter in Q3 2026?
CNH Industrial N.V.'s revenue fell $449M (-9%) from $4.8B in Q2 2026 to $4.4B in Q3 2026.
What drove CNH Industrial N.V.'s revenue change in Q3 2026?
Total Net sales of Industrial Activities −$459M (-11%); Financial Services +$9.0M (+1%).