Quarterly ResultApr 30, 2026, 06:37 AM
CNH Q1 Net Income $10M (-92%); EPS $0.01; Guidance Reaffirmed
AI Summary
CNH Industrial N.V. reported Q1 2026 consolidated revenues of $3.8 billion, flat year-over-year. Net income significantly decreased to $10 million from $132 million in Q1 2025, with diluted EPS at $0.01, down from $0.10. Despite historically low North American agricultural equipment demand and challenges in Brazil, the company reaffirmed its full-year guidance, stating performance was consistent with expectations and focusing on market recovery.
Key Highlights
- Consolidated revenues were $3.8 billion, flat year-over-year.
- Reported net income was $10 million, a 92% decrease from Q1 2025.
- Diluted earnings per share were $0.01, down from $0.10 in Q1 2025.
- Agriculture segment net sales were $2.6 billion, up 1% YoY.
- Construction segment net sales decreased 3% to $574 million.
- Financial Services net income was $74 million, an 18% decrease from Q1 2025.
- Free cash flow absorption of Industrial Activities was $(589) million.
- Full-year guidance for all segments and free cash flow was reaffirmed.