CNH Industrial revenue and financials
$12.48Change from previous close: −5.99%Absolute change: −$0.79
In the fiscal year ended December 2025, CNH Industrial reported revenue of $18.1B (−8.78% year over year). Net income was $510M, a net margin of 2.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −8.78%
- 2025 vs 2024
- Net income growth
- −59.07%
- 2025 vs 2024
- Net margin
- 2.8%
- 2024: 6.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 145 | 35.0 | 945 | 659 | 772 | 162 | 1,692 | 791 | 379 | -894 | 1,515 | 232 |
| Depreciation and amortization | 117 | 116 | 114 | 110 | 106 | 102 | 102 | 108 | 104 | 103 | 101 | 98.0 |
| Capital expenditure | -273 | -218 | -412 | -270 | -252 | -264 | -475 | -291 | -218 | -202 | -410 | -324 |
| Investing cash flow | 19.0 | 54.0 | -292 | -466 | -342 | -280 | -995 | -848 | -510 | -419 | -1,657 | -795 |
| Financing cash flow | -34.0 | -990 | -386 | -373 | 161 | -1,422 | 929 | -176 | -1,139 | 319 | 1,391 | 370 |
| Dividends paid | -124 | -1.0 | -11.0 | -1.0 | -313 | — | -1.0 | — | -591 | — | — | — |
| Share repurchases | -36.0 | -26.0 | -45.0 | -50.0 | 0.0 | -5.0 | -13.0 | -48.0 | -60.0 | -581 | -428 | -55.0 |
| Debt issued | 3,590 | 3,090 | 2,893 | 3,824 | 3,639 | 2,629 | 2,017 | 4,317 | 4,193 | 4,584 | 3,572 | 3,420 |
| Debt repaid | -3,462 | -4,053 | -3,223 | -4,146 | -3,158 | -4,045 | -1,068 | -4,439 | -4,679 | -3,683 | -1,746 | -2,993 |
| Effect of exchange rates | -5.0 | 11.0 | 6.0 | -11.0 | 158 | 72.0 | -210 | 36.0 | -42.0 | -92.0 | 111 | -47.0 |
| Net change in cash | 125 | -890 | 273 | -191 | 749 | -1,468 | 1,416 | -197 | -1,312 | -1,086 | 1,360 | -240 |
| Free cash flow | -128 | -183 | 533 | 389 | 520 | -102 | 1,217 | 500 | 161 | -1,096 | 1,105 | -92.0 |
| Levered free cash flow | 124 | -9,817 | 10,665 | -398 | -195 | -103 | 1,178 | -653 | 478 | -636 | -594 | -752 |