| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 4.1K | 30.7% | 3.0% |
| Total Income | 4.1K | 30.7% | 3.0% |
| Expenditure | 4.0K | 25.4% | 6.2% |
| PBT | 172.00 | 1223.1% | 37.5% |
| Net Profit | 138.00 | 1871.4% | 35.2% |
| OPM | — | ||
| NPM | 3.33% | 3.11pp | 1.97pp |
| EPS | 0.11 | 1000.0% | 35.3% |
CNH Industrial Reports Q2 2026 Results
03 Aug 2026 · 3 Aug, 4:12 pm
Summary
CNH Industrial reported second quarter 2026 consolidated revenues of $4.8 billion, up 2% year-over-year, driven by a 3% increase in Net Sales of Industrial Activities. Net income was $141 million, down from $217 million in Q2 2025, with diluted EPS at $0.11. The company highlighted disciplined execution in a challenging agriculture cycle, with improving industry indicators. CNH Industrial narrowed its full-year 2026 outlook to the higher end of previous ranges, focusing on sales execution, cost discipline, and manufacturing performance.
Key Highlights
- 1
Consolidated revenues for the second quarter of 2026 were $4.8 billion, an increase of 2% year-over-year.
- 2
Reported Net income for the second quarter of 2026 was $141 million, with diluted earnings per share at $0.11.
- 3
Adjusted Net income for the second quarter of 2026 was $161 million, a decrease of 25% compared to the prior year.
- 4
CNH Industrial returned $0.2 billion to shareholders through dividends and share repurchases in the second quarter.
- 5
The company narrowed its full-year 2026 guidance to the higher end of previous ranges.
- 6
Agriculture segment net sales were flat year-over-year at $3.3 billion, while Construction segment net sales increased 12% to $866 million.
- 7
Financial Services revenues decreased 4% in the quarter to $656 million.
Management Comments
Gerrit Marx
Our second quarter results reflect disciplined execution by the CNH team in a market that remains at the trough of the agriculture cycle. Despite the industry conditions, we delivered year-over-year revenue growth and continued progress on our strategic priorities, including quality, sourcing, operational efficiency, and dealer network consolidation. While farmer economics remain pressured, we are seeing constructive equipment-cycle indicators, including dealer inventory normalization, aging fleets, and a more balanced relationship between new and used equipment pricing. We remain focused on supporting our dealers and customers today while investing in the iron and technology capabilities that will strengthen CNH through the next cycle.
Informational and educational content only. Not investment advice.