CNH Q4 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

CNH Industrial delivered a stronger-than-expected fourth quarter, with adjusted diluted EPS of $0.19 clearing the $0.11 consensus estimate by 74.79% and revenue of $5.16 billion beating forecasts by 5.52% on a 5.8% year-over-year gain, even as heavy … Read more CNH Industrial delivered a stronger-than-expected fourth quarter, with adjusted diluted EPS of $0.19 clearing the $0.11 consensus estimate by 74.79% and revenue of $5.16 billion beating forecasts by 5.52% on a 5.8% year-over-year gain, even as heavy non-cash charges clouded the headline picture. The quarter's complexity stemmed largely from $123 million in impairment charges tied to Raven in-process R&D and an additional $62 million in minority investment write-downs, which pushed reported net income down 49% to $89 million, masking an underlying 26% rise in adjusted net income to $246 million. Agriculture net sales climbed 5% to $3.60 billion on favorable pricing and foreign exchange tailwinds, though tariff pressures and geographic mix compressed adjusted EBIT margins. Investors, however, trained their focus on what comes next: management is guiding 2026 adjusted diluted EPS of $0.35 to $0.45, framing the year as an industry trough before an anticipated agricultural demand recovery in 2027, with the stock sliding roughly 5.8% as the cautious outlook tempered enthusiasm over the quarterly beat.