Also trades as: CNHI (NYSE) · $vol 116M · CNHI.MI (MIL) · $vol 91M

$13.47

+0.62 (+4.82%)

Weekly Expected Move ±5.7%

$12 $13 $13 $14 $15

NYSE · Industrials · Agricultural - Machinery · Tech Score Neutral · Power 57 · $16.7B mcap · 868M float · 1.80% daily turnover · Short 67% of daily vol

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest Supply Chain

Revenue Segmentation

By Product / Service

By Geography

Income Trends

Revenue

$18.1B -8.8% ▼

5Y CAGR: +4.1%

Gross Profit

$5.7B -12.0% ▼

5Y CAGR: +9.5%

Operating Income

$2.8B -27.1% ▼

5Y CAGR: +8.8%

Net Income

$510M -59.1% ▼

EPS (Diluted)

$0.41 -58.6% ▼

EBITDA

$2.8B -23.8% ▼

5Y CAGR: +22.4%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$19.5B	$23.6B	$24.7B	$19.8B	$18.1B
YoY Growth	+31.9%	+20.8%	+4.8%	-19.7%	-8.8%
Cost of Revenue	$14.1B	$16.6B	$16.8B	$13.3B	$12.4B
Gross Profit	$5.4B	$7.0B	$7.8B	$6.5B	$5.7B
Gross Margin	27.7%	29.6%	31.8%	32.7%	31.5%
R&D Expenses	$642M	$866M	$1.0B	$924M	$1.0B
SG&A Expenses	$1.5B	$1.8B	$1.9B	$1.7B	$1.9B
Operating Expenses	$2.1B	$2.6B	$2.9B	$2.6B	$2.9B
Operating Income	$3.3B	$4.4B	$4.9B	$3.9B	$2.8B
Operating Margin	16.9%	18.5%	20.0%	19.4%	15.5%
Interest Expense	$549M	$734M	$1.3B	$1.6B	$1.5B
Income Before Tax	$2.0B	$2.8B	$2.9B	$1.6B	$689M
Tax Expense	$229M	$747M	$594M	$336M	$184M
Net Income	$1.7B	$2.0B	$2.3B	$1.2B	$510M
Net Margin	8.8%	8.6%	9.2%	6.3%	2.8%
EPS (Diluted)	$1.27	$1.49	$1.69	$0.99	$0.41
EBITDA	$3.0B	$3.9B	$4.6B	$3.7B	$2.8B
Shares Outstanding	1.36B	1.36B	1.35B	1.26B	1.25B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$4.7B	$4.9B	$3.8B	$4.7B	$4.4B	$5.2B	$3.8B	$4.8B
Cost of Revenue	$3.1B	$3.3B	$2.6B	$3.2B	$3.6B	$3.6B	$2.6B	$3.4B
Gross Profit	$1.5B	$1.6B	$1.3B	$1.5B	$775M	$1.5B	$1.2B	$1.4B
Gross Margin	32.7%	31.8%	32.9%	32.2%	17.6%	29.4%	31.9%	29.3%
R&D Expenses	$221M	$238M	$184M	$218M	$281M	$342M	$232M	$230M
SG&A Expenses	$426M	$414M	$386M	$478M	$381M	$463M	$465M	$494M
Operating Expenses	$647M	$652M	$570M	$696M	$662M	$805M	$697M	$751M
Operating Income	$877M	$901M	$689M	$823M	$113M	$714M	$524M	$656M
Operating Margin	18.8%	18.5%	18.0%	17.5%	2.6%	13.8%	13.7%	13.7%
Interest Expense	$378M	$421M	$362M	$360M	$378M	$385M	$365M	$372M
Income Before Tax	$385M	$265M	$179M	$293M	$68M	$149M	$14M	$172M
Tax Expense	$75M	$89M	$47M	$76M	$1M	$60M	$4M	-$43M
Net Income	$306M	$173M	$131M	$213M	$80M	$86M	$7M	$138M
Net Margin	6.6%	3.5%	3.4%	4.5%	1.8%	1.7%	0.2%	2.9%
EPS (Diluted)	$0.24	$0.14	$0.10	$0.17	$0.06	$0.07	$0.01	$0.11
EBITDA	$893M	$813M	$674M	$791M	$556M	$698M	$545M	$710M
Shares Outstanding	1.25B	1.25B	1.25B	1.25B	1.25B	1.25B	1.24B	1.24B

CNH NYSE