The following is an extract from the press release “CNH Industrial N.V. Reports Second Quarter 2026 Results”.
The complete press release can be consulted in the accompanying PDF on the CNH Newsroom.
- Consolidated revenues for the second quarter of 2026 were $4.8 billion, up 2% year-over-year
- Reported Net income of $141 million and adjusted Net income(1) of $161 million
- Second quarter diluted earnings per share at $0.11
- Returned $0.2 billion to shareholders through dividends and share repurchases
- Full-year guidance narrowed to the higher end of the previous ranges
CNH Industrial N.V. (NYSE: CNH) reported Net income for the three months ended June 30, 2026, of $141 million, with basic earnings per share and diluted earnings per share of $0.11, compared with Net income of $217 million and basic earnings per share and diluted earnings per share of $0.17 in Q2 2025. Adjusted Net income(1) for the second quarter of 2026 was $161 million compared to $216 million for the second quarter of 2025.
Consolidated revenues for the second quarter ended June 30, 2026, were $4.80 billion, and Net Sales of Industrial Activities were $4.14 billion, both up compared to Q2 2025.
Net cash provided by operating activities was $145 million, and Free cash flow of Industrial Activities was $150 million in Q2 2026.
Income tax expense was $43 million ($76 million in Q2 2025) with an effective tax rate (“ETR”) of 25.0% (27.6% in Q2 2025). The adjusted ETR(1) was 25.1% for the second quarter (27.7% in Q2 2025).
“Our second quarter results reflect disciplined execution by the CNH team in a market that remains at the trough of the agriculture cycle,” said Gerrit Marx, Chief Executive Officer of CNH. “Despite the industry conditions, we delivered year-over-year revenue growth and continued progress on our strategic priorities, including quality, sourcing, operational efficiency, and dealer network consolidation. While farmer economics remain pressured, we are seeing constructive equipment-cycle indicators, including dealer inventory normalization, aging fleets, and a more balanced relationship between new and used equipment pricing. We remain focused on supporting our dealers and customers today while investing in the iron and technology capabilities that will strengthen CNH through the next cycle.”
Basildon, August 3, 2026
(1) These items are non-GAAP financial measures. Refer to the “Non-GAAP Financial Information” section of this press release for information regarding non-GAAP financial measures. Refer to the “Other Supplemental Financial Information” section for the reconciliation between the non-GAAP financial measure and the most comparable GAAP financial measure.