CNH Industrial, the parent company for the New Holland, Case IH and Steyr brands recorded a net income of $89 million for the fourth and final quarter of 2025, compared with $176 million for the same period in 2024. Consolidated revenue for the fourth quarter was $5.16 billion, up 6% on the period in 2024.

Taking a broader look, revenues for the full year of 2025 reached $18.1 billion, down 9% year on year. Net profit for the full year of 2025 was $505 million, drastically lower that $1.25 billion in 2024.

Gerrit Marx, CNH chief executive officer outlined that CNH has delivered solid progress towards its long-term goals during 2025, despite a challenging market.

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“We continued reducing dealer inventories, advanced our Quality and Operational Excellence initiatives, and introduced products that directly address the evolving needs of farmers and builders.”

CNH Industrial forecast demand for agricultural equipment to remain low throughout 2026 with a level of market recovery expected in 2027.