Aug 3, 6:35 AM ET
CNH Industrial reported second-quarter 2026 results with consolidated revenues of $4.8 billion, up 2% from a year earlier, while net income fell 35% to $141 million and diluted EPS fell to $0.11 from $0.17. The company said it expects 2026 results at the higher end of its previously communicated ranges and updated its outlook, including adjusted diluted EPS of $0.41 to $0.46. For shareholders, revenue growth was offset by lower profit, with agriculture earnings down sharply amid a trough in the farm equipment cycle.
- Consolidated revenues were $4.8 billion, up 2% year over year; Net sales of Industrial Activities were $4.1 billion, up 3%.
- Net income was $141 million versus $217 million in Q2 2025; diluted EPS was $0.11 versus $0.17, and adjusted diluted EPS was $0.13 versus $0.17.
- Agriculture adjusted EBIT fell to $170 million from $263 million; Construction adjusted EBIT fell to $15 million from $35 million.
- 2026 outlook: adjusted diluted EPS of $0.41 to $0.46 and Free Cash Flow of Industrial Activities of $200 million to $400 million.
Read the filing on SEC.gov ↗
Jul 28, 4:04 PM ET
CNH Industrial announced that Chief Technology Officer Jay Schroeder will retire effective January 1, 2027, and Agriculture Chief Commercial Officer Stefano Pampalone will retire effective September 1, 2026. Eric Shuman, currently Vice President, Precision Technology Product Management, will succeed Schroeder as CTO, while several other leaders take on expanded roles.
- Jay Schroeder, Chief Technology Officer, retires effective January 1, 2027; both retirees are expected to stay on in advisory capacities
- Eric Shuman, a more than 25-year company veteran, to be appointed Chief Technology Officer effective January 1, 2027
- Stefano Pampalone, Agriculture Chief Commercial Officer, retires effective September 1, 2026; Chun Woytera, Carlo Materazzo and Markus Müller take expanded roles
- Compensation arrangements for Mr. Shuman have not yet been finalized
Read the filing on SEC.gov ↗
Apr 30, 6:34 AM ET
CNH Industrial reported first-quarter 2026 net income of $10 million, or $0.01 per diluted share, down from $132 million, or $0.10, a year earlier. Revenue was flat at $3.83 billion, and the company reaffirmed its full-year 2026 outlook, including adjusted diluted EPS of $0.35 to $0.45. The sharp profit decline, driven by weak agriculture demand, tariffs and higher costs, matters to shareholders because it shows earnings pressure that the reaffirmed guidance has not yet reversed.
- Q1 2026 net income $10 million vs $132 million in Q1 2025; adjusted net income $21 million
- Adjusted EBIT of Industrial Activities was -$45 million vs $101 million; Agriculture adjusted EBIT $27 million vs $139 million
- Net cash provided by operating activities $35 million vs $162 million a year earlier
- 2026 outlook reaffirmed, including Industrial Activities free cash flow of $150 million to $350 million
Read the filing on SEC.gov ↗
Mar 30, 5:29 PM ET
CNH Industrial N.V. agreed on March 26, 2026 with Citibank Europe plc, UK Branch, as facility agent, to extend the maturity of its €3.25 billion credit facility to April 18, 2031. The filing states that no borrowings were outstanding under the facility as of the agreement date, so the change extends the company's available credit line rather than adding debt.
- Credit facility size: €3.25 billion, with maturity extended to April 18, 2031
- Agreement dated March 26, 2026, with Citibank Europe plc, UK Branch as facility agent
- No borrowings outstanding under the credit agreement as of the agreement date
- Full terms are in Exhibit 10.1, the Extension Letter Agreement
Read the filing on SEC.gov ↗
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