The following is an extract from the press release “CNH Industrial N.V. Reports First Quarter 2025 Results”.
The complete press release can be consulted in the accompanying PDF on the CNH Newsroom.
- First quarter consolidated revenues were $3.8 billion on lower industry demand
- First quarter diluted EPS at $0.10
- Results reflect continued execution of cost saving initiatives partially offsetting market headwinds
- Updated guidance reflects macroeconomic uncertainty from the global trade environment
CNH Industrial N.V. (NYSE: CNH) today reported results for the three months ended March 31, 2025, with net income of $132 million and diluted earnings per share of $0.10 compared with net income of $369 million and diluted earnings per share of $0.29 for the three months ended March 31, 2024. Consolidated revenues were $3.83 billion (down 21% compared to Q1 2024), and net sales of Industrial Activities were $3.17 billion (down 23% compared to Q1 2024). Net cash provided by operating activities was $162 million and Industrial free cash flow absorption was $567 million in Q1 2025.
“Despite the challenging market conditions, CNH remains committed to driving operational excellence and advancing cutting-edge technologies. Our focus on reducing dealer inventories and managing costs has positioned us to weather the current macroeconomic uncertainties, and our balanced global exposure allows us to continue providing excellent products and services to our customers. We are confident in our strategic initiatives and the dedication of our team to execute them, and we are excited to review our strategy in more detail with you at our Investor Day next week.”
Gerrit Marx, Chief Executive Officer
Basildon, May 1, 2025