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CNH Industrial N.V. CNH Agriculture — Selling, general and administrative expenses

Other segment segments

Financial Services
$108M+33.3%
Construction
$69M+30.2%

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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:SellingGeneralAndAdministrativeExpense.

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
Finance, interest and other income (Financial Services)646
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

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

FAQ

What is CNH Industrial N.V.'s agriculture — selling, general and administrative expenses?
CNH Industrial N.V. (CNH) reported agriculture — selling, general and administrative expenses of $263M in Q1 2026.
How has CNH Industrial N.V.'s agriculture — selling, general and administrative expenses changed year-over-year?
CNH Industrial N.V.'s agriculture — selling, general and administrative expenses increased by 16.9% year-over-year, from $225M to $263M.
What is the long-term trend for CNH Industrial N.V.'s agriculture — selling, general and administrative expenses?
Over 3 years (2022 to 2025), CNH Industrial N.V.'s agriculture — selling, general and administrative expenses has grown at a -1.9% compound annual growth rate (CAGR), from $1.14B to $1.08B.
What does agriculture — selling, general and administrative expenses mean?
Includes all non-production costs associated with operating the agriculture segment, such as sales commissions, marketing, administrative salaries, and office overhead. This metric measures the overhead burden required to support the segment's commercial operations and dealer network. It is a key lever for management to control operating leverage.

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