earnings
confidence high
sentiment negative
materiality 0.75
CNH Industrial Q1 net income plunges 92% to $10M; guidance reaffirmed
CNH Industrial N.V.
2026-Q1 EPS reported
$0.01
revenue$3,826,000,000
- Diluted EPS of $0.01 versus $0.10 in Q1 2025; adjusted net income $21M.
- Consolidated revenue flat at $3.83B; Ag net sales $2.6B (+1%) and Construction $574M (-3%).
- Agriculture adjusted EBIT fell 81% to $27M; Construction posted adjusted EBIT loss of $28M.
- Full-year 2026 outlook reaffirmed: Ag net sales -5% to flat, Ag EBIT margin 4.5-5.5%, free cash flow $150-350M.
- Management cites low North American ag demand, tariffs, and Brazil challenges as headwinds.