secwatch.observer — SEC 8-K summary
======================================

Issuer:     CNH Industrial N.V. (CNH)
CIK:        0001567094
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001567094-26-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CNH Industrial Q4 net income $89M, EPS $0.07; FY revenues $18.1B, EPS $0.41; 2026 outlook cautious
--------------------------------------------------------------------------------

- Q4 consolidated rev $5.16B (+6% YoY); net income $89M (vs $176M); diluted EPS $0.07 (vs $0.14).
- FY 2025 rev $18.10B (-9% YoY); net income $505M (-60%); adj diluted EPS $0.55 vs $1.05.
- Agri Q4 net sales $3.6B (+5%), adj EBIT margin 6.5% (down 70bps); Const net sales $853M (+19%), EBIT margin 0.6%.
- 2026 outlook: Agri net sales -5% to flat, adj EBIT margin 4.5-5.5%; adj diluted EPS $0.35-$0.45; FCF Industrial $150-350M.
- Non-cash impairment charges $123M (Raven in-process R&D) and $62M (Monarch Tractor investment) in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1567094/000156709426000003/0001567094-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1567094/000156709426000003/cnhi-20260217.htm
  HTML page:      https://secwatch.observer/filing/0001567094-26-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer