Every material Form 8-K CNH Industrial filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
CNH Industrial reported third-quarter 2025 net income of $67 million and diluted EPS of $0.06, down from $310 million and $0.24 a year earlier, on consolidated revenues of $4.40 billion, down 5%. The company lowered its 2025 adjusted diluted EPS outlook to $0.44 to $0.50, citing tariff headwinds and an unfavorable geographic sales mix, while raising its net sales guidance.
Q3 2025 net income was $67 million versus $310 million in Q3 2024; diluted EPS was $0.06 versus $0.24.
Adjusted EBIT of Industrial Activities fell 69% to $104 million; Agriculture adjusted EBIT margin was 4.6%, down from 10.2%.
Updated 2025 outlook: adjusted diluted EPS of $0.44 to $0.50; Agriculture net sales down 11% to 13% year over year.
Free cash flow of Industrial Activities was negative $188 million in Q3 2025; 2025 full-year guidance is $200 million to $500 million.
CNH Industrial reported second-quarter 2025 results with consolidated revenues of $4.71 billion, down 14% from a year earlier, and net income of $217 million, down 46%. Diluted earnings per share were $0.17 versus $0.32 a year earlier, and the company reaffirmed its full-year 2025 outlook rather than changing it. For shareholders, the filing shows lower sales and profit from weaker equipment demand and dealer destocking, with the outlook unchanged.
Consolidated revenues were $4.71 billion, down 14%; net sales of Industrial Activities were $4.02 billion, down 16%.
Net income was $217 million versus $404 million; adjusted diluted EPS was $0.17 versus $0.35.
Agriculture adjusted EBIT margin was 8.1% versus 12.8%; Construction adjusted EBIT margin was 4.5% versus 6.7%.
Full-year 2025 guidance was reaffirmed, including Adjusted diluted EPS of $0.50 to $0.70 and free cash flow of Industrial Activities of $100 million to $500 million.
At its May 12, 2025 annual general meeting, CNH shareholders re-elected and appointed all nine director nominees to one-year terms and approved the 2024 financial statements, a $0.25 per share dividend, and an increase of 20,000,000 common shares for the Equity Incentive Plan. The dividend, about $312 million in total, is payable May 30, 2025 to holders of record on May 21, 2025, and the vote results are routine annual meeting matters.
Equity Incentive Plan increased by 20,000,000 common shares, approved with 98.44% of votes cast
Dividend of $0.25 per common share, about $312 million in total, payable May 30, 2025 to holders of record on May 21, 2025
All nine director nominees were appointed or re-appointed to one-year terms; Howard W. Buffett received the lowest support at 78.58% of votes cast
Share repurchase authorization for 18 months from May 12, 2025 was approved with 99.72% of votes cast
CNH Industrial reported first-quarter 2025 revenue of $3.83 billion, down 21% from a year earlier, with diluted EPS of $0.10 versus $0.29. The company also lowered several 2025 forecasts, including adjusted diluted EPS of $0.50 to $0.70, down from $0.65 to $0.75, citing lower industry demand and trade uncertainty. Shareholders face lower expected earnings for the year, though cost reductions are partly offsetting the sales decline.
Q1 2025 consolidated revenues were $3.83 billion, down 21%; net income was $132 million versus $369 million a year earlier
Adjusted diluted EPS guidance cut to $0.50 to $0.70 from $0.65 to $0.75; Agriculture adjusted EBIT margin guidance lowered to 7% to 9% from 8.5% to 9.5%
Free cash flow of Industrial Activities guidance now $100 million to $500 million, from $200 million to $500 million previously
Investor Day scheduled for May 8, 2025, from 9:00 a.m. to noon EDT
CNH Industrial said CFO Oddone Incisa will step down effective May 6, 2025, and James (Jim) Nickolas, previously CFO of Martin Marietta, will become CFO and principal accounting officer on that date. The filing says Nickolas will present the financial portion of the company's Strategic Business Plan at its May 8, 2025 Investor Day, so the change places a new finance chief in charge ahead of that presentation. The filing discloses no financial results.
Nickolas succeeds Incisa as CFO effective May 6, 2025; Incisa remains an employee through May 31, 2025.
Nickolas's employment agreement, dated April 9, 2025, sets a base salary of $825,000 and a one-time restricted stock unit grant of no less than $4,500,000.
Nickolas will receive a supplemental equity award of no less than $3,600,000 that cliff vests in 2030.
Incisa is eligible to receive €4,201,485 under Italian collective bargaining requirements for senior employees.
CNH Industrial N.V. agreed on March 24, 2025 to extend the maturity of its €3.25 billion credit facility to April 19, 2030, with Citibank Europe Plc, UK Branch as facility agent. The filing states no borrowings are outstanding under the facility, so the amendment extends available committed financing without adding current debt.
Credit facility size: €3.25 billion
New maturity date: April 19, 2030, agreed March 24, 2025
No borrowings outstanding under the Credit Agreement as of the filing date
Amendment text filed as Exhibit 10.1; signed by Chief Legal and Compliance Officer Roberto Russo on March 28, 2025
CNH Industrial reported fourth-quarter 2024 revenue of $4.88 billion, down 28%, and net income of $176 million, down from $583 million a year earlier. For full year 2024, revenue fell 20% to $19.84 billion and net income fell 45% to $1,259 million, and the company expects 2025 Agriculture net sales to fall 13% to 18%, which points to further weakness for shareholders.
Q4 2024 diluted EPS was $0.14 versus $0.44 in Q4 2023; adjusted diluted EPS was $0.15 versus $0.39
Full year 2024 diluted EPS was $0.99 versus $1.69 in 2023; adjusted diluted EPS was $1.05 versus $1.63
2025 outlook: Agriculture net sales down 13% to 18%, Construction net sales down 5% to 10%, adjusted diluted EPS of $0.65 to $0.75
Management said challenging market conditions will continue at least through the first half of 2025
CNH Industrial entered an employment agreement with Stefano Pampalone, its Agriculture Chief Commercial Officer, on January 8, 2025, replacing his prior compensation arrangements. The filing sets his base salary, bonus target and severance terms, which matter to shareholders as a disclosed executive pay and retention commitment.
Base salary of 564,270 Swiss Franc (approximately $619,000); target bonus of 80% of base salary
Annual long-term incentive awards with a grant date value of no less than 200% of base salary
Severance of 9 months base salary for a qualifying termination; 21 months if termination occurs within 24 months after a change of control
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every CNH Industrial filing is on SEC EDGAR ↗. 8-K briefs of other companies →