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CNH Industrial N.V. CNH Agriculture — Research and development expenses

Other segment segments

Construction
$27M+28.6%
Financial Services
$0

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Other financials

Income statement

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Revenue$3.8B-0.1%
Gross profit$1.2B-3.0%
Net income$7.0M-94.7%
EPS (diluted)$0.01-90.0%

Balance sheet

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Cash & equivalents$1.6B-5.4%
Total debt$26.2B-0.4%
Total equity$7.4B+31.9%
Total assets$42.0B0.0%

Cash flow

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Operating cash flow$35.0M-78.4%

Valuation

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Market cap$17.35B+11.7%
Enterprise value$41.94B+3.0%
P/E45×+26.1×
P/S+0.1×

Profitability

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Gross margin31.3%-1.2pp
Net margin2.1%-3.2pp

Returns & leverage

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Return on equity33.5%
Debt / equity3.2×

Where this comes from

Reported directly by CNH Industrial N.V. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: CNH Industrial N.V.’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:04 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001567094-26-000011
Line itemAgricultureConstructionFinancial ServicesTotal
Total Revenues2,596574646
Cost of goods sold(2,099)(506)
Selling, general and administrative expenses(1)(263)(69)(108)
Research and development expenses(205)(27)
Interest expense (Financial Services)(332)
Other, net (Financial Services)(109)
Equity in income of joint ventures(2)3
Adjusted EBIT [A]27(28)n/a

Item 1F. Financial Statements and Notes to Consolidated Financial Statements

FAQ

What is CNH Industrial N.V.'s agriculture — research and development expenses?
CNH Industrial N.V. (CNH) reported agriculture — research and development expenses of $205M in Q1 2026.
How has CNH Industrial N.V.'s agriculture — research and development expenses changed year-over-year?
CNH Industrial N.V.'s agriculture — research and development expenses increased by 25.8% year-over-year, from $163M to $205M.
What is the long-term trend for CNH Industrial N.V.'s agriculture — research and development expenses?
Over 3 years (2022 to 2025), CNH Industrial N.V.'s agriculture — research and development expenses has grown at a -1.0% compound annual growth rate (CAGR), from $778M to $755M.
What does agriculture — research and development expenses mean?
Expenditures dedicated to the innovation, design, and improvement of agricultural machinery and precision farming technologies. This investment is critical for maintaining long-term market competitiveness and meeting evolving regulatory or technological standards. It reflects the segment's commitment to future product cycles and technological leadership.

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