NYSE$CNH

CNH Industrial NV · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

CNH Industrial NV reported lower Q2 2025 net sales and net income amid reduced industry demand and dealer destocking.

For the three months ended June 30, 2025, CNH recorded total revenues of $4.7 billion, down 14% year-over-year, with net sales of Industrial Activities at $4.0 billion. Net income attributable to CNH was $213 million, or $0.17 per share. Adjusted EBIT of Industrial Activities declined to $224 million due to lower volumes partially offset by cost reductions.

  • Net sales of Industrial Activities fell 16% to $4.0 billion on lower shipment volumes.
  • Agriculture segment net sales declined 17% to $3.2 billion with adjusted EBIT margin at 8.1%.
  • Construction segment net sales declined 13% to $773 million with adjusted EBIT margin at 4.5%.
  • Financial Services net income decreased to $87 million due to higher risk costs in Brazil.

Headline financials

Total Revenue

$4.71B

Previous: $5.49B-14.2%
EPS (adj)

$0.17

Previous: $0.34-50.0%
Industrial Activities Net Sales

$4.02B

No prior period
Adjusted EBIT Industrial Activities

$224M

No prior period
Adjusted EBIT Margin Industrial Activities

5.6%

No prior period
Agriculture Adjusted EBIT Margin

8.1%

No prior period
Construction Adjusted EBIT Margin

4.5%

No prior period
Capital Expenditures

-$264M

Previous: -$202M-30.7%
Net Income

$213M

Previous: $433M-50.8%
Operating Income

$776M

Previous: $998M-22.2%
R&D Expense

$184M

Previous: $228M-19.3%

Revenue & EPS history

CNH Industrial · Revenue · Quarterly

$4.71B

Q2 2025-14.2%vs Q2 2024
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

CNH Industrial · $4.71B total across 3 segments · Q2 2025

  • Agriculture
    $3.25B
  • Construction
    $773M
  • Financial Services
    $685M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-0.2%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+2.0%

Avg return

30 days after

50%

27 / 54 earnings

Positive

+8.6%

Q4 2021

Best reaction

-10.0%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+6.3%+2.4%+1.3%
Q4 2025+2.7%+2.4%-20.9%
Q3 2025-5.9%+0.7%-8.0%
Q1 2025+7.4%+7.0%+8.1%
Q3 2024-7.9%-11.4%+3.5%
Q2 2024-0.6%-4.1%+1.7%
Q1 2024+1.3%+5.0%-6.8%
Q4 2023+4.5%+2.8%+4.4%
Q3 2023-9.6%-12.2%-3.7%
Q2 2023-6.0%-5.7%-14.9%
Q1 2023+5.9%+4.3%+0.0%
Q4 2022-10.0%-10.1%-4.9%
Q3 2022+6.5%+14.7%+20.5%
Q2 2022+2.5%+1.9%+1.6%
Q1 2022+3.4%-0.3%+5.5%
Q4 2021+8.6%+8.8%-0.3%
Q3 2021-1.0%-2.4%-6.2%
Q2 2021+0.1%-0.5%+1.1%
Q1 2021+7.9%+11.1%+18.3%
Q4 2020+2.9%+4.6%+9.5%
Q3 2020+8.6%+10.8%+33.2%
Q2 2020-9.7%-2.7%+6.0%
Q1 2020-6.9%-3.3%+30.8%
Q4 2019-7.2%-3.1%-11.0%
Q3 2019-4.7%-2.9%-9.0%
Q2 2019-4.8%-8.9%+1.5%
Q1 2019-5.5%-6.6%-13.4%
Q4 2018+2.3%+4.4%+2.3%
Q3 2018-3.8%-8.8%-10.2%
Q2 2018+8.6%+10.2%+10.6%
Q4 2017-2.4%-0.5%-6.1%
Q1 2018+4.6%+4.2%+5.4%
Q3 2017+8.0%+7.6%+7.4%
Q2 2017-1.0%-0.6%-4.4%
Q1 2017+2.8%+2.4%+5.8%
Q4 2016-2.0%+2.0%+3.4%
Q3 2016-3.9%-6.9%+10.8%
Q2 2016-0.8%+0.9%+4.7%
Q1 2016+3.7%
Q4 2015+6.2%
Q3 2015+2.0%
Q2 2015-1.9%
Q1 2015-0.4%
Q4 2014+3.9%
Q3 2014+0.4%
Q2 2014-1.3%
Q4 2011+0.6%
Q1 2014-5.9%
Q4 2013-5.7%
Q3 2013-7.6%
Q2 2013+2.1%
Q1 2013-9.4%
Q4 2012-0.7%
Q3 2012+0.3%

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