Filing Flows › CNH Industrial N.V. (CNH) › Q4 2025
CNH Industrial N.V. (CNH) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
CNH Industrial N.V. (CNH) reported revenue of $5.2B for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and +17% from the quarter before. Operating margin was 2.9%, net earnings $86.0M (1.7% of revenue).
CNH Industrial N.V., Q4 2025: revenue $5.2B (+6% year over year), operating margin 2.9%, net earnings $86.0M, operating cash flow $945M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.2B | +17% | +6% |
| Operating profit | $149M | +119% | -44% |
| Net earnings | $86.0M | +7% | -50% |
| Operating cash flow | $945M | +43% | -44% |
What changed
Revenue was $5.2B in Q4 2025, up 6% year over year and up 17% from the previous quarter. Agriculture was the largest line at 70% of revenue.
Operating profit was $0.15B, a 2.9% margin (down 2.5 points year over year). Operating profit fell $0.12B even though revenue rose $0.28B versus Q4 2024, so costs grew faster than sales. Total costs grew 9% against revenue growth of 6%. The fastest-growing cost line was Research & development (+44%). Net earnings were $0.09B, down 50% year over year. The effective tax rate was 40.3%.
Operating cash flow was $0.94B (down 44% year over year), 1062% of net income including minority interests. Working capital and other items added $0.86B.
Questions
What was CNH Industrial N.V.'s revenue in the fourth quarter 2025?
CNH Industrial N.V.
Was CNH Industrial N.V. profitable in the fourth quarter 2025?
Operating profit was $149M (2.9% of revenue) and net earnings $86.0M.