# EDGAR Filing Document

**Accession Number:** 0001567094
**File Stem:** 0001567094-26-000009
**Filing Date:** 2026-4
**Character Count:** 80548
**Document Hash:** 4cbe9b6f5483ee37cef32d32b56576e4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001567094-26-000009.hdr.sgml**: 20260430

**ACCESSION NUMBER**: 0001567094-26-000009

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 46

**CONFORMED PERIOD OF REPORT**: 20260430

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20260430

**DATE AS OF CHANGE**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CNH Industrial N.V.
- **CENTRAL INDEX KEY:** 0001567094
- **STANDARD INDUSTRIAL CLASSIFICATION:** CONSTRUCTION MACHINERY & EQUIP [3531]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** P7
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36085
- **FILM NUMBER:** 26919901

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** CRANES FARM ROAD
- **CITY:** BASILDON, ESSEX
- **PROVINCE COUNTRY:** X0
- **ZIP:** SS14 3AD
- **BUSINESS PHONE:** 011 44 1268 533000

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** CRANES FARM ROAD
- **CITY:** BASILDON, ESSEX
- **PROVINCE COUNTRY:** X0
- **ZIP:** SS14 3AD

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FI CBM Holdings N.V.
- **DATE OF NAME CHANGE:** 20130115

?xml version='1.0' encoding='ASCII'? cnhi-20260430

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION**

Washington, D.C. 20549

![CNH Corporate Logo.jpg](cnhi-20260430_g1.jpg)

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 OR 15(d)**

**of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): April 30, 2026**

**CNH INDUSTRIAL N.V.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Netherlands** | **001-36085** | **98-1125413** |
| **(State or other jurisdiction of incorporation)** | **(Commission File Number)** | **(I.R.S. Employer Identification No.)** |

---

---

| | |
|:---|:---|
| **Cranes Farm Road, Basildon, Essex, SS14 3AD, United Kingdom** | **N/A** |
| **(Address of principal executive offices)** | **(Zip Code)** |

---

 **+44 2079 251964**

**Registrant's telephone number including area code**

**N/A**

**(Former name, former address and former fiscal year, if changed since last report)**:

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

□Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

□Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) &nbsp;&nbsp;&nbsp;&nbsp;

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Shares, par value €0.01 | CNH | New York Stock Exchange  |
| 3.850% Notes due 2027 | CNH27 | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Exchange Act of 1934(§240.12b-2 of this chapter).

Emerging growth company **☐** 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. **☐** 

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**Item 2.02.&nbsp;&nbsp;&nbsp;&nbsp;Results of Operations and Financial Condition.**

On April 30, 2026, CNH Industrial N.V. issued a press release announcing its results of operations for the first quarter of 2026. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

**Item 7.01.**&nbsp;&nbsp;&nbsp;&nbsp;**Regulation FD Disclosure.**

On April 30, 2026, CNH Industrial N.V. made available a presentation providing a review and highlights of its first quarter of 2026 results of operations and related information, which is being made available in connection with a April 30, 2026 investor conference call. A copy of that slide presentation is furnished herewith as Exhibit 99.2 and is incorporated herein by reference.

**Item 9.01. &nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.**

(d) Exhibits.

---

| | |
|:---|:---|
| Exhibit 99.1 | <u>[CNH Industrial's press release dated April 30, 2026, announcing its results of operations for the first quarter of 2026](ex991q126.htm)</u> |
| Exhibit 99.2 | <u>[CNH Industrial N.V. first quarter 2026 results review presentation](q12026final.htm)</u> |
| Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | | |
|:---|:---|:---|
| | By: | **CNH INDUSTRIAL N.V.**<br>/s/ Britton Worthen |
| | Name: | **Britton Worthen** |
|  | Title: | *Chief Legal and Compliance Officer* |
| Date: April 30, 2026 |  |  |

---

## Exhibit 99.1

![cnhcorporatelogo.jpg](cnhcorporatelogo.jpg)![image.jpg](image.jpg) &nbsp;&nbsp;&nbsp;&nbsp; Exhibit 99.1&nbsp;&nbsp;&nbsp;&nbsp;

**CNH Industrial N.V. Reports First Quarter 2026 Results**

Consolidated revenues for the first quarter of 2026 were $3.8 billion, flat year-over-year including favorable currency impacts

Reported net income of $10 million and adjusted net income<sup>(1)</sup> of $21 million

First quarter diluted earnings per share at $0.01

Full-year guidance reaffirmed

**Basildon, UK - April 30, 2026 - CNH Industrial N.V. (NYSE: CNH)** reported Net income for the three months ended March 31, 2026, of $10 million, with diluted earnings per share of $0.01, compared with Net income of $132 million and basic earnings per share and diluted earnings per share of $0.10 in Q1 2025. Adjusted net income<sup>(1)</sup> for the first quarter of 2026 was $21 million compared to $132 million for the first quarter of 2025.

Consolidated revenues for the first quarter ended March 31, 2026, were $3.83 billion and Net Sales of Industrial Activities were $3.17 billion, both flat with Q1 2025.

Net cash provided by operating activities was $35 million, and Free cash flow absorption of Industrial Activities was $589 million in Q1 2026.

Income tax expense was $4 million ($47 million in Q1 2025) with an effective tax rate ("ETR") of 30.8% (29.0% in Q1 2025). The adjusted ETR<sup>(1)</sup> was 20.0% for the first quarter (29.0% in Q1 2025).

"While the first quarter reflected historically low North American agricultural equipment demand, a complex trade environment, and ongoing challenges in Brazil, our performance was consistent with expectations," said Gerrit Marx, Chief Executive Officer of CNH. "The team stayed disciplined by managing production carefully, holding channel inventories steady, and delivering positive price and product cost performance through operational efficiency and quality improvements. We believe the industry is moving through the lowest period of the current agriculture cycle, assuming global trade routes are open. Our focus remains on positioning CNH for the market recovery ahead, supporting our customers with strong products and technology, and creating durable, long-term value."

    

**2026 First Quarter Results** 

(all amounts $ million, comparison vs Q1 2025 - unless otherwise stated)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **US-GAAP** | **US-GAAP** | **US-GAAP** | **US-GAAP** | **US-GAAP** |
| | **Q1 2026** | **Q1 2025** | **Change** | **Change at c.c.**<sup>(2)</sup> |
| Consolidated revenues | 3826 | 3828 | —% | (4)% |
| &nbsp;&nbsp;&nbsp;&nbsp;of which Net sales of Industrial Activities | 3170 | 3172 | —% | (4)% |
| Net income | 10 | 132 | (92)% |  |
| Diluted EPS $ | 0.01 | 0.10 | (0.09) |  |
| Cash flow provided by operating activities | 35 | 162 | (127) |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **NON-GAAP**<sup>(1)</sup> | **NON-GAAP**<sup>(1)</sup> | **NON-GAAP**<sup>(1)</sup> | **NON-GAAP**<sup>(1)</sup> |
| | **Q1 2026** | **Q1 2025** | **Change** |
| Adjusted EBIT of Industrial Activities | (45) | 101 | (145)% |
| Adjusted EBIT margin of Industrial Activities | (1.4)% | 3.2% | (460) bps |
| Adjusted net income | 21 | 132 | (84)% |
| Adjusted diluted EPS $ | 0.01 | 0.10 | (0.09) |
| Free cash flow absorption of Industrial Activities | (589) | (567) | (22) |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Agriculture** | **Agriculture** | **Agriculture** | **Agriculture** | **Agriculture** |
| ($ million) | **Q1 2026** | **Q1 2025** | **Change** | **Change at c.c.**<sup>(2)</sup> |
| Net sales | 2596 | 2581 | +1% | (4)% |
| Adjusted EBIT<sup>(1)</sup> | 27 | 139 | (81)% |  |
| Adjusted EBIT margin<sup>(1)</sup> | 1.0% | 5.4% | (440) bps |  |

---

In North America, first quarter industry sales volume was down 7% year-over-year for tractors under 140 HP and fell 27% for tractors over 140 HP; combines were down 6%. In Europe, Middle East and Africa ("EMEA"), tractor demand increased 2%, while combine demand decreased 5%. South America saw tractor demand down 8% and combines down 33%. In Asia Pacific, tractor demand increased 21%, while combine demand decreased 16%.

Agriculture net sales were flat year-over-year in the quarter at $2.6 billion, a result of positive foreign exchange impacts and favorable price realization, offset by lower volumes in all regions except EMEA.

Adjusted EBIT<sup>(1)</sup> decreased to $27 million from $139 million in Q1 2025, primarily due to lower volumes in North America and South America, the impact of tariffs, higher Selling, general and administrative expenses ("SG&A") and Research and development expenses ("R&D") and lower joint venture results. SG&A expenses were impacted by higher variable compensation and labor inflation. <br>R&D expenses represented 7.9% of sales in Q1 2026 (6.3% in Q1 2025).

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Construction** | **Construction** | **Construction** | **Construction** | **Construction** |
| ($ million) | **Q1 2026** | **Q1 2025** | **Change** | **Change at c.c.**<sup>(2)</sup> |
| Net sales | 574 | 591 | (3)% | (6)% |
| Adjusted EBIT<sup>(1)</sup> | (28) | 14 | (300)% |  |
| Adjusted EBIT margin<sup>(1)</sup> | (4.9)% | 2.4% | (730) bps |  |

---

Global industry sales volume for construction equipment increased 7% year-over-year in the first quarter for Heavy equipment and 5% for Light equipment. Aggregated demand increased 4% in North America, 6% in EMEA, 7% in Asia Pacific, and was flat in South America.

Construction net sales decreased 3% in the quarter to $574 million, driven by lower volumes in South America and North America.

Adjusted EBIT<sup>(1)</sup> decreased to $(28) million from $14 million in Q1 2025, primarily due to the impact of tariffs, higher SG&A expenses and lower volumes, only partially offset by pricing. SG&A expenses were impacted by trade show marketing costs, higher variable compensation, and labor inflation.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Financial Services** | **Financial Services** | **Financial Services** | **Financial Services** | **Financial Services** |
| ($ million) | **Q1 2026** | **Q1 2025** | **Change** | **Change at c.c.**<sup>(2)</sup> |
| Revenues | 646 | 651 | (1)% | (5)% |
| Net income | 74 | 90 | (18)% |  |
| Equity at quarter-end | 2925 | 2815 | +110 |  |
| Retail loan originations | 2152 | 2393 | (241) |  |

---

Financial Services revenues decreased 1% in the quarter, driven by lower volumes across all regions except APAC, reduced equipment sales due to fewer operating lease maturities, and lower yields in EMEA, partially offset by favorable currency translation and higher yields in South America and North America.

Net income was $74 million in the quarter, a decrease of $16 million versus Q1 2025, driven by higher risk costs in Brazil and lower volumes across all regions except APAC. Results were partially offset by interest margin improvements in all regions except EMEA.

The managed portfolio (including unconsolidated joint ventures) was $28.0 billion as of March 31, 2026 (of which retail was 71% and wholesale was 29%), flat compared to March 31, 2025 (down $1.0 billion on a constant currency basis<sup>(2)</sup>).

At March 31, 2026, the receivable balance greater than 30 days past due as a percentage of receivables was 3.5% (2.3% as of March 31, 2025), due to economic and environmental factors impacting farmers, specifically in South America.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**<u>2026 Outlook</u>**

Farmers continue to face challenging market dynamics, including low commodity prices, high input costs, and an uncertain trade environment. CNH's Agriculture segment has and will continue to respond to these market dynamics by maintaining low production levels, working with its dealer network to lower channel inventory, pursuing cost efficiencies, and managing rapid changes in trade policies. CNH's Construction segment will continue to focus on quality, manufacturing efficiencies, and tariff cost offset opportunities.

While rapid changes in tariff and transportation costs create headwinds for CNH, the Company is confident that its sales execution, cost discipline, and manufacturing performance will allow it to deliver the forecast previously communicated.

Consequently, the Company is reaffirming its 2026 outlook:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Agriculture segment net sales down 5% to flat year-over-year, including +2% currency translation effects

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Agriculture segment adjusted EBIT margin between 4.5% and 5.5%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Construction segment net sales about flat year-over-year, including +1% currency translation effects

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Construction segment adjusted EBIT margin between 1.0% and 2.0%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Free Cash Flow of Industrial Activities<sup>(3)</sup> between $150 million and $350 million

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted diluted EPS<sup>(3)</sup> between $0.35 to $0.45

**<u>Notes</u>**

CNH reports quarterly and annual consolidated financial results under U.S. GAAP and annual consolidated financial results under EU-IFRS. The tables and discussion related to the financial results of the Company and its segments shown in this press release are prepared in accordance with U.S. GAAP.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)These items are non-GAAP financial measures. Refer to the "Non-GAAP Financial Information" section of this press release for information regarding non-GAAP financial measures. Refer to the "Other Supplemental Financial Information" section for the reconciliation between the non-GAAP financial measure and the most comparable GAAP financial measure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)c.c. means at constant currency.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)The Company is unable to provide this reconciliation without unreasonable effort due to the uncertainty and inherent difficulty of predicting the occurrence, the financial impact, and the periods in which the adjustments may be recognized. For the same reasons, the Company is unable to address the probable significance of the unavailable information, which could be material to future results.

The following applies to the information throughout this release:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• See tables later in this release for the reconciliations of the non-GAAP financial measures to the most comparable financial measures calculated in accordance with U.S. generally accepted accounting principles ("GAAP").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The consolidated financial statements within this release should be read in conjunction with the Company's Audited Consolidated Financial Statements and Notes for the year ended December 31, 2025, included in the Annual Report on Form 10-K. These Consolidated Statements of Operations represent the consolidation of all CNH Industrial N.V. subsidiaries.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Industrial Activities represents the enterprise without Financial Services. Industrial Activities include the Company's Agriculture, Construction, and other corporate assets, liabilities, revenues and expenses not reflected within Financial Services.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Certain financial information in this report has been presented by geographic area. Our geographical regions are: (a) North America; (b) EMEA; (c) South America and (d) Asia Pacific. The geographic designations have the following meanings:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• North America: United States, Canada, and Mexico;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• EMEA: member countries of the European Union, European Free Trade Association, the United Kingdom, Ukraine and Balkans, Türkiye, Uzbekistan, Pakistan, the African continent, and the Middle East;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• South America: Central and South America, and the Caribbean Islands; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Asia Pacific: Continental Asia (including the India subcontinent), Indonesia, Japan and Oceania.

**<u>Non-GAAP Financial Information</u>**

CNH monitors its operations through the use of several non-GAAP financial measures. CNH's management believes that these non-GAAP financial measures provide useful and relevant information regarding its operating results and enhance the readers' ability to assess CNH's financial performance and financial position. Management uses these non-GAAP measures to identify operational trends, as well as make decisions regarding future spending, resource allocations and other operational decisions as they provide additional transparency with respect to our core operations. These non-GAAP financial measures have no standardized meaning under U.S.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

GAAP and are unlikely to be comparable to other similarly titled measures used by other companies and are not intended to be substitutes for measures of financial performance and financial position as prepared in accordance with U.S. GAAP.

CNH's non-GAAP financial measures are defined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted EBIT of Industrial Activities under U.S. GAAP: is defined as net income (loss) before the following items: Income taxes, Financial Services' results, Industrial Activities' interest expenses, net, foreign exchange gains/losses, finance and non-service component of pension and other post-employment benefit costs, restructuring expenses, and certain non-recurring items. In particular, non-recurring items are specifically disclosed items that management considers rare or discrete events that are infrequent in nature and not reflective of on-going operational activities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted EBIT Margin of Industrial Activities: is computed by dividing Adjusted EBIT of Industrial Activities by Net Sales of Industrial Activities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted Net Income (Loss): is defined as net income (loss), less restructuring charges and non-recurring items, after tax.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted Diluted EPS: is computed by dividing Adjusted Net Income (loss) attributable to CNH Industrial N.V. by a weighted-average number of common shares outstanding during the period that takes into consideration potential common shares outstanding deriving from the CNH share-based payment awards, when inclusion is not anti-dilutive. When we provide guidance for adjusted diluted EPS, we do not provide guidance on an earnings per share basis because the GAAP measure will include potentially significant items that have not yet occurred and are difficult to predict with reasonable certainty prior to year-end.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted Income Tax (Expense) Benefit: is defined as income taxes less the tax effect of restructuring expenses and non-recurring items, and non-recurring tax charges or benefits.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted Effective Tax Rate ("Adjusted ETR"): is computed by dividing a) adjusted income taxes by b) income (loss) before income taxes and equity in income of unconsolidated affiliates, less restructuring expenses and non-recurring items.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net Cash (Debt) and Net Cash (Debt) of Industrial Activities: Net Cash (Debt) is defined as total debt less intersegment notes receivable, cash and cash equivalents, restricted cash, other current financial assets (primarily current securities, short-term deposits and investments towards high-credit rating counterparties) and derivative hedging debt. CNH provides the reconciliation of Net Cash (Debt) to Total (Debt), which is the most directly comparable measure included in the consolidated balance sheets. Due to different sources of cash flows used for the repayment of the debt between Industrial Activities and Financial Services (by cash from operations for Industrial Activities and by collection of financing receivables for Financial Services), management separately evaluates the cash flow performance of Industrial Activities using Net Cash (Debt) of Industrial Activities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Free Cash Flow of Industrial Activities ("Industrial Free Cash Flow"): refers to Industrial Activities only, and is computed as consolidated cash flow from operating activities less: cash flow from operating activities of Financial Services; investments of Industrial Activities in assets sold under operating leases, property, plant and equipment and intangible assets; change in derivatives hedging debt of Industrial Activities; as well as other changes and intersegment eliminations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Change excl. FX or Constant Currency: CNH discusses the fluctuations in revenues on a constant currency basis by applying the prior year average exchange rates to current period's revenues expressed in local currency in order to eliminate the impact of foreign exchange rate fluctuations.

**<u>Forward-looking Statements</u>**

All statements other than statements of historical fact contained in this filing including competitive strengths; business strategy; future financial position or operating results; budgets; projections with respect to revenue, income, earnings (or loss) per share, capital expenditures, dividends, liquidity, capital structure or other financial items; costs; and plans and objectives of management regarding operations and products, are forward-looking statements. Forward-looking statements also include statements regarding the future performance of CNH and its subsidiaries on a standalone basis. These statements may include terminology such as "may", "will", "expect", "could", "should", "intend", "estimate", "anticipate", "believe", "outlook", "continue", "remain", "on track", "design", "target", "objective", "goal", "forecast", "projection", "prospects", "plan", or similar terminology. Forward-looking statements are not guarantees of future performance. Rather, they are based on current views and assumptions and involve known and unknown risks, uncertainties and other factors, many of which are outside our control and are difficult to predict. If any of these risks and uncertainties materialize (or they occur with a degree of severity that the Company is unable to predict) or other assumptions underlying any of the forward-looking statements prove to be incorrect, including any assumptions regarding strategic plans, the actual results or developments may differ materially from any future results or developments expressed or implied by the forward-looking statements.

Factors, risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements include, among others: economic conditions in each of our markets, including the significant uncertainty caused by geopolitical events; production and supply chain disruptions, including industry capacity constraints, material availability, and global logistics delays and constraints related to war or other armed conflict; the many interrelated factors that affect consumer confidence and

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

worldwide demand for capital goods and capital goods related products, particularly as it relates to the agricultural market business cycle; changes in government policies regarding banking, monetary and fiscal policy; legislation, particularly pertaining to capital goods related issues such as agriculture, the environment, debt relief and subsidy program policies, trade, commerce and infrastructure development; government policies on international trade and investment, including sanctions, import quotas, capital controls, tariffs and other protective measures issued to promote national interests or address foreign competition, which in turn result or may result in retaliatory tariffs or other measures enacted by affected trade partners; volatility in international trade caused by the imposition of tariffs and the related impact on cost and prices, which could consequently affect demand of our products, sanctions, embargoes, and trade wars; actions of competitors in the various industries in which we compete; development and use of new technologies (including artificial intelligence) and technological difficulties; the interpretation of, or adoption of new, compliance requirements with respect to engine emissions, safety, privacy and data security or other aspects of our products; labor relations; interest rates and currency exchange rates; inflation and deflation; energy prices; prices for agricultural commodities and material price increases; housing starts and other construction activity; weather conditions, particularly to the extent it impacts the agricultural industry; our ability to obtain financing or to refinance existing debt; price pressure on new and used equipment; the resolution of pending litigation and investigations on a wide range of topics, including dealer and supplier litigation, intellectual property rights disputes, product warranty and defective product claims, and emissions and/or fuel economy regulatory and contractual issues; security breaches, cybersecurity attacks, technology failures, and other disruptions to the information technology infrastructure of CNH and its suppliers and dealers; security breaches with respect to our products; our pension plans and other postemployment obligations; political and civil unrest; volatility and deterioration of capital and financial markets, including pandemics, terrorist attacks in Europe the Middle East and elsewhere; our ability to realize the anticipated benefits from our business initiatives as part of our strategic plan; including targeted restructuring actions to optimize our cost structure and improve the efficiency of our operations; our failure to realize, or a delay in realizing, all of the anticipated benefits of our acquisitions, joint ventures, strategic alliances or divestitures and other similar risks and uncertainties, and our success in managing the risks involved in the foregoing.

Forward-looking statements are based upon assumptions relating to the factors described in this press release, which are sometimes based upon estimates and data received from third parties. Such estimates and data are often revised. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside CNH's control. CNH expressly disclaims any intention or obligation to provide, update or revise any forward-looking statements in this document to reflect any change in expectations or any change in events, conditions or circumstances on which these forward-looking statements are based.

Further information concerning CNH, including factors that potentially could materially affect its financial results, is included in the Company's reports and filings with the U.S. SEC.

All future written and oral forward-looking statements by CNH or persons acting on behalf of CNH are expressly qualified in their entirety by the cautionary statements contained herein or referred to above.

Additional factors could cause actual results to differ from those expressed or implied by the forward-looking statements included in the Company's filings with the SEC (including, but not limited to, the factors discussed in our 2025 Annual Report on Form 10-K and subsequent quarterly reports on Form 10-Q).

**<u>Conference Call and Webcast</u>**

Today, at 9:30 a.m. EDT, management will hold a conference call to present first quarter 2026 results to financial analysts and institutional investors. The call can be followed live online at bit.ly/CNH_Q1_2026 and a recording will be available later on the Company's website www.cnh.com. A presentation will be made available on the CNH website prior to the conference call.

**<u>CONTACTS</u>**

**Media Inquiries** – Laura Overall +44 207 925 1964 or Rebecca Fabian +1 312 515 2249

(Email <u>mediarelations@cnh.com</u>)

**Investor Relations** – Jason Omerza +1 630 740 8079 or Federico Pavesi +39 345 605 6218

(Email <u>investor.relations@cnh.com</u>)

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**CNH INDUSTRIAL N.V.**

**Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 2025**

*(Unaudited)*

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| | | |
|:---|:---|:---|
| | **Three Months Ended March 31,** | **Three Months Ended March 31,** |
| ($ and shares in millions, except per share data) | **2026** | **2025** |
| **Revenues** |  |  |
| &nbsp;&nbsp;&nbsp;Net sales | $3170 | $3172 |
| &nbsp;&nbsp;&nbsp;Finance, interest and other income | 656 | 656 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total Revenues** | **3826** | **3828** |
| **Costs and Expenses** |  |  |
| &nbsp;&nbsp;&nbsp;Cost of goods sold | 2605 | 2569 |
| &nbsp;&nbsp;&nbsp;Selling, general and administrative expenses | 465 | 386 |
| &nbsp;&nbsp;&nbsp;Research and development expenses | 232 | 184 |
| &nbsp;&nbsp;&nbsp;Restructuring expenses | 4 | 6 |
| &nbsp;&nbsp;&nbsp;Interest expense | 365 | 362 |
| &nbsp;&nbsp;&nbsp;Other, net | 142 | 159 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total Costs and Expenses** | **3813** | **3666** |
| **Consolidated income before income taxes** | **13** | **162** |
| &nbsp;&nbsp;&nbsp;Income tax expense | (4) | (47) |
| &nbsp;&nbsp;&nbsp;Equity in income of unconsolidated affiliates | 1 | 17 |
| **Net income** | **10** | **132** |
| Net income attributable to noncontrolling interests | 3 | 1 |
| **Net income attributable to CNH Industrial N.V.** | $**7** | $**131** |
| **Earnings per share attributable to CNH Industrial N.V.** |  |  |
| &nbsp;&nbsp;&nbsp;Basic earnings per share | $0.01 | $0.10 |
| &nbsp;&nbsp;&nbsp;Diluted earnings per share | $0.01 | $0.10 |
| **Weighted-average shares outstanding** |  |  |
| &nbsp;&nbsp;&nbsp;Basic | 1241 | 1248 |
| &nbsp;&nbsp;&nbsp;Diluted | 1244 | 1253 |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**CNH INDUSTRIAL N.V.**

**Consolidated Balance Sheets as of March 31, 2026 and December 31, 2025** 

*(Unaudited)*

---

| | | |
|:---|:---|:---|
| ($ million) | **March 31, 2026** | **December 31, 2025** |
| **Assets** |  |  |
| Cash and cash equivalents | $1604 | $2578 |
| Restricted cash | 735 | 651 |
| Financing receivables, net | 22629 | 23105 |
| Receivables from Iveco Group N.V. | 192 | 195 |
| Inventories, net | 5234 | 4651 |
| Property, plant and equipment, net and Equipment under operating leases | 3787 | 3772 |
| Other intangible assets, net | 4678 | 4703 |
| Other receivables and assets | 3179 | 3092 |
| **Total Assets** | $**42038** | $**42747** |
| **Liabilities and Equity** |  |  |
| Debt | $25904 | $26762 |
| Financial payables to Iveco Group N.V. | 40 | 91 |
| Other payables and liabilities | 8226 | 8069 |
| **Total Liabilities** | **34170** | **34922** |
| Redeemable noncontrolling interest | 56 | 53 |
| Equity | 7812 | 7772 |
| **Total Liabilities and Equity** | $**42038** | $**42747** |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**CNH INDUSTRIAL N.V.**

**Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025**

*(Unaudited)*

---

| | | |
|:---|:---|:---|
| | **Three Months Ended March 31,** | **Three Months Ended March 31,** |
| ($ million) | **2026** | **2025** |
| **Cash Flows from Operating Activities** |  |  |
| Net income | $10 | $132 |
| Adjustments to reconcile net income to net cash provided by operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;Depreciation and amortization expense excluding depreciation and amortization assets under operating leases | 116 | 102 |
| &nbsp;&nbsp;&nbsp;Depreciation and amortization expense of assets under operating leases | 50 | 48 |
| &nbsp;&nbsp;&nbsp;Undistributed loss of unconsolidated affiliates | (1) | (17) |
| &nbsp;&nbsp;&nbsp;Other non-cash items | 97 | 78 |
| Changes in operating assets and liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;Provisions | (120) | (149) |
| &nbsp;&nbsp;&nbsp;Deferred income taxes | (16) | (18) |
| &nbsp;&nbsp;&nbsp;Trade and financing receivables related to sales, net | 319 | 351 |
| &nbsp;&nbsp;&nbsp;Inventories, net | (566) | (192) |
| &nbsp;&nbsp;&nbsp;Trade payables | 198 | (123) |
| &nbsp;&nbsp;&nbsp;Other assets and liabilities | (52) | (50) |
| Net cash provided by operating activities | 35 | 162 |
| **Cash Flows from Investing Activities** |  |  |
| &nbsp;&nbsp;&nbsp;Additions to retail receivables | (1511) | (1734) |
| &nbsp;&nbsp;&nbsp;Collections of retail receivables | 1823 | 1735 |
| &nbsp;&nbsp;&nbsp;Expenditures for property, plant and equipment and intangible assets, excluding assets under operating leases | (93) | (106) |
| &nbsp;&nbsp;&nbsp;Expenditures for assets under operating leases | (125) | (158) |
| &nbsp;&nbsp;&nbsp;Other, net | (40) | (17) |
| Net cash provided (used) by investing activities | 54 | (280) |
| **Cash Flows from Financing Activities** |  |  |
| &nbsp;&nbsp;&nbsp;Net decrease in debt | (963) | (1416) |
| &nbsp;&nbsp;&nbsp;Dividends paid | (1) | (1) |
| &nbsp;&nbsp;&nbsp;Purchase of treasury stock | (26) | (5) |
| Net cash used in financing activities | (990) | (1422) |
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash | 11 | 72 |
| &nbsp;&nbsp;&nbsp;Net decrease in cash, cash equivalents and restricted cash | **(890)** | **(1468)** |
| **Cash, cash equivalents and restricted cash, beginning of period** | **3229** | **3866** |
| **Cash, cash equivalents and restricted cash, end of period** | $**2339** | $**2398** |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**CNH INDUSTRIAL N.V.**

**Supplemental Statements of Operations for the Three Months Ended March 31, 2026 and 2025** 

*(Unaudited)*

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended March 31, 2026** | **Three Months Ended March 31, 2026** | **Three Months Ended March 31, 2026** | **Three Months Ended March 31, 2026** | **Three Months Ended March 31, 2026** | **Three Months Ended March 31, 2025** | **Three Months Ended March 31, 2025** | **Three Months Ended March 31, 2025** | **Three Months Ended March 31, 2025** | **Three Months Ended March 31, 2025** |
| ($ million) | **Industrial Activities** | **Financial Services** | **Eliminations** |  | **Consolidated** | **Industrial Activities** | **Financial Services** | **Eliminations** |  | **Consolidated** |
| **Revenues** |  |  |  |  |  |  |  |  |  |  |
| Net sales | $3170 | $— | $— |  | $3170 | $3172 | $— | $— |  | $3172 |
| Finance, interest and other income | 32 | 646 | (22) | (4) | 656 | 30 | 651 | (25) | (4) | 656 |
| **Total Revenues** | **3202** | **646** | **(22)** |  | **3826** | **3202** | **651** | **(25)** |  | **3828** |
| **Costs and Expenses** |  |  |  |  |  |  |  |  |  |  |
| Cost of goods sold | 2605 |  |  |  | 2605 | 2569 |  |  |  | 2569 |
| Selling, general and administrative expenses | 357 | 108 |  |  | 465 | 305 | 81 |  |  | 386 |
| Research and development expenses | 232 |  |  |  | 232 | 184 |  |  |  | 184 |
| Restructuring expenses | 4 |  |  |  | 4 | 6 |  |  |  | 6 |
| Interest expense | 55 | 332 | (22) | (5) | 365 | 55 | 332 | (25) | (5) | 362 |
| Other, net | 33 | 109 |  |  | 142 | 34 | 125 |  |  | 159 |
| **Total Costs and Expenses** | **3286** | **549** | **(22)** |  | **3813** | **3153** | **538** | **(25)** |  | **3666** |
| Consolidated income (loss) before income taxes | (84) | 97 |  |  | 13 | 49 | 113 |  |  | 162 |
| Income tax benefit (expense) | 22 | (26) |  |  | (4) | (19) | (28) |  |  | (47) |
| Equity in income (loss) attributable to noncontrolling interests | (2) | 3 |  |  | 1 | 12 | 5 |  |  | 17 |
| Net income (loss) | $**(64)** | $**74** | $**—** |  | $**10** | $**42** | $**90** | $**—** |  | $**132** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4)Elimination of Financial Services' interest income earned from Industrial Activities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5)Elimination of Industrial Activities' interest expense to Financial Services.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**CNH INDUSTRIAL N.V.**

**Supplemental Balance Sheets as of March 31, 2026 and December 31, 2025** 

*(Unaudited)*

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| ($ million) | **Industrial Activities** | **Financial Services** | **Eliminations** |  | **Consolidated** | **Industrial Activities** | **Financial Services** | **Eliminations** |  | **Consolidated** |
| **Assets** |  |  |  |  |  |  |  |  |  |  |
| Cash and cash equivalents | $1217 | $387 | $— |  | $1604 | $1932 | $646 | $— |  | $2578 |
| Restricted cash | 114 | 621 |  |  | 735 | 109 | 542 |  |  | 651 |
| Financing receivables, net | 209 | 22825 | (405) | (6) | 22629 | 141 | 23363 | (399) | (6) | 23105 |
| Financial receivables from Iveco Group N.V. | 132 | 60 |  |  | 192 | 142 | 53 |  |  | 195 |
| Inventories, net | 5154 | 80 |  |  | 5234 | 4564 | 87 |  |  | 4651 |
| Property, plant and equipment, net and Equipment under operating leases | 2204 | 1583 |  |  | 3787 | 2199 | 1573 |  |  | 3772 |
| Other intangible assets, net | 4510 | 168 |  |  | 4678 | 4533 | 170 |  |  | 4703 |
| Other receivables and assets | 2757 | 617 | (195) | (7) | 3179 | 2707 | 580 | (195) | (7) | 3092 |
| **Total Assets** | $**16297** | $**26341** | $**(600)** |  | $**42038** | $**16327** | $**27014** | $**(594)** |  | $**42747** |
| **Liabilities and Equity** |  |  |  |  |  |  |  |  |  |  |
| Debt | $4253 | $22148 | $(497) | (6) | $25904 | $4385 | $22861 | $(484) | (6) | $26762 |
| Financial payables to Iveco Group N.V. | 1 | 39 |  |  | 40 | 3 | 88 |  |  | 91 |
| Other payables and liabilities | 7100 | 1229 | (103) | (7) | 8226 | 7012 | 1167 | (110) | (7) | 8069 |
| Total Liabilities | 11354 | 23416 | (600) |  | 34170 | 11400 | 24116 | (594) |  | 34922 |
| Redeemable noncontrolling interest | 56 |  |  |  | 56 | 53 |  |  |  | 53 |
| Equity | 4887 | 2925 |  |  | 7812 | 4874 | 2898 |  |  | 7772 |
| **Total Liabilities and Equity** | $**16297** | $**26341** | $**(600)** |  | $**42038** | $**16327** | $**27014** | $**(594)** |  | $**42747** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6)Elimination of financial receivables/payables between Industrial Activities and Financial Services.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7)Primarily represents the reclassification of deferred tax assets/liabilities in the same taxing jurisdiction and elimination of intercompany activity between Industrial Activities and Financial Services.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**CNH INDUSTRIAL N.V.**

**Supplemental Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025** 

*(Unaudited)*

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended March 31, 2026** | **Three Months Ended March 31, 2026** | **Three Months Ended March 31, 2026** | **Three Months Ended March 31, 2026** | **Three Months Ended March 31, 2026** | **Three Months Ended March 31, 2025** | **Three Months Ended March 31, 2025** | **Three Months Ended March 31, 2025** | **Three Months Ended March 31, 2025** | **Three Months Ended March 31, 2025** |
| ($ million) | **Industrial Activities** | **Financial Services** | **Eliminations** |  | **Consolidated** | **Industrial Activities** | **Financial Services** | **Eliminations** |  | **Consolidated** |
| **Cash Flows from Operating Activities** |  |  |  |  |  |  |  |  |  |  |
| Net income (loss) | $(64) | $74 | $— |  | $10 | $42 | $90 | $— |  | $132 |
| Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities |  |  |  |  |  |  |  |  |  |  |
| Depreciation and amortization expense, excluding depreciation and amortization assets under operating leases | 115 | 1 |  |  | 116 | 101 | 1 |  |  | 102 |
| Depreciation and amortization expense of assets under operating leases | 1 | 49 |  |  | 50 | 1 | 47 |  |  | 48 |
| Undistributed loss (income) of unconsolidated affiliates | 62 | (3) | (60) | (9) | (1) | 48 | (5) | (60) | (9) | (17) |
| Other non-cash items, net | 13 | 84 |  |  | 97 | 17 | 61 |  |  | 78 |
| Changes in operating assets and liabilities: |  |  |  |  |  |  |  |  |  |  |
| Provisions | (121) | 1 |  |  | (120) | (149) |  |  |  | (149) |
| Deferred income taxes | (20) | 4 |  |  | (16) |  | (18) |  |  | (18) |
| Trade and financing receivables related to sales, net | 20 | 300 | (1) | (10) | 319 | (58) | 408 | 1 | (10) | 351 |
| Inventories, net | (633) | 67 |  |  | (566) | (271) | 79 |  |  | (192) |
| Trade payables | 201 | (4) | 1 | (10) | 198 | (96) | (26) | (1) | (10) | (123) |
| Other assets and liabilities | (73) | 21 |  |  | (52) | (111) | 61 |  |  | (50) |
| Net cash provided (used) by operating activities | (499) | 594 | (60) |  | 35 | (476) | 698 | (60) |  | 162 |
| **Cash Flows from Investing Activities** |  |  |  |  |  |  |  |  |  |  |
| Additions to retail receivables |  | (1511) |  |  | (1511) |  | (1734) |  |  | (1734) |
| Collections of retail receivables |  | 1823 |  |  | 1823 |  | 1735 |  |  | 1735 |
| Expenditures for property, plant and equipment and intangible assets, excluding assets under operating leases | (92) | (1) |  |  | (93) | (103) | (3) |  |  | (106) |
| Expenditures for assets under operating leases |  | (125) |  |  | (125) |  | (158) |  |  | (158) |
| Other, net | (85) | 45 |  |  | (40) | (372) | 355 |  |  | (17) |
| Net cash provided (used) by investing activities | (177) | 231 |  |  | 54 | (475) | 195 |  |  | (280) |
| **Cash Flows from Financing Activities** |  |  |  |  |  |  |  |  |  |  |
| Net decrease in debt | (6) | (957) |  |  | (963) | (98) | (1318) |  |  | (1416) |
| Dividends paid | (1) | (60) | 60 | (9) | (1) | (1) | (60) | 60 | (9) | (1) |
| Purchase of treasury stock | (26) |  |  |  | (26) | (5) |  |  |  | (5) |
| Net cash provided (used) by financing activities | (33) | (1017) | 60 |  | (990) | (104) | (1378) | 60 |  | (1422) |
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash | (1) | 12 |  |  | 11 | 55 | 17 |  |  | 72 |
| Net decrease cash, cash equivalents and restricted cash | **(710)** | **(180)** | **—** |  | **(890)** | **(1000)** | **(468)** | **—** |  | **(1468)** |
| **Cash, cash equivalents and restricted cash, beginning of period** | **2041** | **1188** | **—** |  | **3229** | **2421** | **1445** | **—** |  | **3866** |
| **Cash, cash equivalents and restricted cash, end of period** | $**1331** | $**1008** | $**—** |  | $**2339** | $**1421** | $**977** | $**—** |  | $**2398** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8)Elimination of dividends from Financial Services to Industrial Activities, which are included in Industrial Activities net cash provided (used) by operating activities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9)Elimination of certain minor activities between Industrial Activities and Financial Services.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**CNH Industrial N.V.** 

**Other Supplemental Financial Information**

*(Unaudited)*

---

| | | |
|:---|:---|:---|
| **Adjusted EBIT of Industrial Activities by Segment** | **Adjusted EBIT of Industrial Activities by Segment** | **Adjusted EBIT of Industrial Activities by Segment** |
| | **Three Months Ended March 31,** | **Three Months Ended March 31,** |
| ($ million) | **2026** | **2025** |
| Industrial Activities segments |  |  |
| Agriculture | $27 | $139 |
| Construction | (28) | 14 |
| Unallocated items, eliminations and other | (44) | (52) |
| **Total Adjusted EBIT of Industrial Activities** | $**(45)** | $**101** |

---

---

| | | |
|:---|:---|:---|
| **Reconciliation of Consolidated Net Income under U.S. GAAP to Adjusted EBIT of Industrial Activities** | **Reconciliation of Consolidated Net Income under U.S. GAAP to Adjusted EBIT of Industrial Activities** | **Reconciliation of Consolidated Net Income under U.S. GAAP to Adjusted EBIT of Industrial Activities** |
| | **Three Months Ended March 31,** | **Three Months Ended March 31,** |
| ($ million) | **2026** | **2025** |
| **Net income** | $**10** | $**132** |
| Less: Income tax expense | (4) | (47) |
| **Consolidated income before income taxes** | **14** | **179** |
| Less: Financial Services |  |  |
| &nbsp;&nbsp;&nbsp;Financial Services Net income | 74 | 90 |
| &nbsp;&nbsp;&nbsp;Financial Services Income Taxes | 26 | 28 |
| Add back of the following Industrial Activities items: |  |  |
| &nbsp;&nbsp;&nbsp;Interest expense of Industrial Activities, net of Interest income and eliminations | 23 | 25 |
| &nbsp;&nbsp;&nbsp;Foreign exchange losses of Industrial Activities, net | 2 | 5 |
| &nbsp;&nbsp;Finance and non-service component of Pension and other postemployment benefit costs of Industrial Activities | 4 | 4 |
| Adjustments for the following Industrial Activities items: |  |  |
| &nbsp;&nbsp;&nbsp;Restructuring expenses | 4 | 6 |
| &nbsp;&nbsp;Other discrete items | 8 |  |
| **Total Adjusted EBIT of Industrial Activities** | $**(45)** | $**101** |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**CNH Industrial N.V.** 

**Other Supplemental Financial Information**

*(Unaudited)*

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Reconciliation of Total (Debt) to Net Cash (Debt) under U.S. GAAP** | **Reconciliation of Total (Debt) to Net Cash (Debt) under U.S. GAAP** | **Reconciliation of Total (Debt) to Net Cash (Debt) under U.S. GAAP** | **Reconciliation of Total (Debt) to Net Cash (Debt) under U.S. GAAP** | **Reconciliation of Total (Debt) to Net Cash (Debt) under U.S. GAAP** | **Reconciliation of Total (Debt) to Net Cash (Debt) under U.S. GAAP** | **Reconciliation of Total (Debt) to Net Cash (Debt) under U.S. GAAP** |
| | **Industrial Activities** | **Industrial Activities** | **Financial Services** | **Financial Services** | **Consolidated** | **Consolidated** |
| ($ million) | **March 31, 2026** | **December 31, 2025** | **March 31, 2026** | **December 31, 2025** | **March 31, 2026** | **December 31, 2025** |
| Third party debt | $(4021) | $(4104) | $(21883) | $(22658) | $(25904) | $(26762) |
| Intersegment notes payable | (232) | (281) | (265) | (203) |  |  |
| Financial payables to Iveco Group N.V. | (1) | (3) | (39) | (88) | (40) | (91) |
| &nbsp;&nbsp;&nbsp;Total Debt | (4254) | (4388) | (22187) | (22949) | (25944) | (26853) |
| Cash and cash equivalents | 1217 | 1932 | 387 | 646 | 1604 | 2578 |
| Restricted cash | 114 | 109 | 621 | 542 | 735 | 651 |
| Intersegment notes receivable | 265 | 203 | 232 | 281 |  |  |
| Financial receivables from Iveco Group N.V. | 132 | 142 | 60 | 53 | 192 | 195 |
| Derivatives hedging debt | (19) | (23) | 19 | 25 |  | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net Debt | $(2545) | $(2025) | $(20868) | $(21402) | $(23413) | $(23427) |

---

---

| | | |
|:---|:---|:---|
| **Reconciliation of Net Cash Provided (Used) by Operating Activities to Free Cash Flow of Industrial Activities under U.S. GAAP** | **Reconciliation of Net Cash Provided (Used) by Operating Activities to Free Cash Flow of Industrial Activities under U.S. GAAP** | **Reconciliation of Net Cash Provided (Used) by Operating Activities to Free Cash Flow of Industrial Activities under U.S. GAAP** |
| | **Three Months Ended March 31,** | **Three Months Ended March 31,** |
| ($ million) | **2026** | **2025** |
| **Net cash provided by Operating Activities** | $**35** | $**162** |
| Less: |  |  |
| &nbsp;&nbsp;&nbsp;Cash flows from Operating Activities of Financial Services, net of eliminations | (534) | (638) |
| &nbsp;&nbsp;&nbsp;Change in derivatives hedging debt of Industrial Activities and other | 2 | 9 |
| &nbsp;&nbsp;&nbsp;Investments in property, plant and equipment, and intangible assets of Industrial Activities | (92) | (103) |
| &nbsp;&nbsp;Other changes |  | 3 |
| **Free cash flow absorption of Industrial Activities** | $**(589)** | $**(567)** |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**CNH Industrial N.V.**

**Other Supplemental Financial Information**

*(Unaudited)*

---

| | | |
|:---|:---|:---|
| **Reconciliation of Adjusted Net Income and Adjusted Income Tax (Expense) Benefit to Net Income (Loss) and Income Tax (Expense) Benefit and Calculation of Adjusted Diluted EPS and Adjusted ETR under U.S. GAAP** | **Reconciliation of Adjusted Net Income and Adjusted Income Tax (Expense) Benefit to Net Income (Loss) and Income Tax (Expense) Benefit and Calculation of Adjusted Diluted EPS and Adjusted ETR under U.S. GAAP** | **Reconciliation of Adjusted Net Income and Adjusted Income Tax (Expense) Benefit to Net Income (Loss) and Income Tax (Expense) Benefit and Calculation of Adjusted Diluted EPS and Adjusted ETR under U.S. GAAP** |
| | **Three Months Ended March 31,** | **Three Months Ended March 31,** |
| ($ million) | **2026** | **2025** |
| **Net income** | $**10** | $**132** |
| Adjustments impacting Net income before Income tax expense and equity in income of unconsolidated affiliates (a) | 12 |  |
| Adjustments impacting Income tax expense (b) | (1) |  |
| &nbsp;&nbsp;**Adjusted net income** | $**21** | $**132** |
| Adjusted net income attributable to CNH Industrial N.V. | $18 | $131 |
| Weighted-average shares outstanding – diluted (millions) | 1244 | 1253 |
| **Adjusted diluted EPS ($)** | $**0.01** | $**0.10** |
| Consolidated income before income taxes | $13 | $162 |
| Adjustments impacting Consolidated income before income taxes and equity in income of unconsolidated affiliates (a) | 12 |  |
| &nbsp;&nbsp;**Adjusted consolidated income before income taxes and equity in income of unconsolidated affiliates (A)** | $**25** | $**162** |
| Income tax expense | $(4) | $(47) |
| Adjustments impacting Income tax expense (b) | (1) |  |
| &nbsp;&nbsp;**Adjusted income tax expense (B)** | $**(5)** | $**(47)** |
| **Adjusted effective tax rate (Adjusted ETR) (C=B/A)** | 20.0% | 29.0% |
| **(a) Adjustments impacting consolidated income before income taxes and equity in income of unconsolidated affiliates** |  |  |
| Restructuring expenses | $4 | $6 |
| Pre-tax gain related to the 2021 U.S. healthcare plan modification |  | (6) |
| Impairment of a minority investment | 8 |  |
| &nbsp;&nbsp;**Total** | $**12** | $**—** |
| **(b) Adjustments impacting Income tax expense** |  |  |
| Tax effect of adjustments impacting consolidated income before income taxes and equity in income of unconsolidated affiliates | $(1) | $— |
| &nbsp;&nbsp;**Total** | $**(1)** | $**—** |

---

## Exhibit 99.2

![](q12026final001.jpg)

Q1 2026 FINANCIAL RESULTS April 30, 2026

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Q1 2026 results \| April 30, 20262 SAFE HARBOR STATEMENT AND DISCLOSURES All statements other than statements of historical fact contained in this presentation including competitive strengths; business strategy; future financial position or operating results; budgets; projections with respect to revenue, income, earnings (or loss) per share, capital expenditures, dividends, liquidity, capital structure or other financial items; costs; and plans and objectives of management regarding operations and products, are forward-looking statements. Forward-looking statements also include statements regarding the future performance of CNH and its subsidiaries on a standalone basis. These statements may include terminology such as "may", "will", "expect", "could", "should", "intend", "estimate", "anticipate", "believe", "outlook", "continue", "remain", "on track", "design", "target", "objective", "goal", "forecast", "projection", "prospects", "plan", or similar terminology. Forward-looking statements are not guarantees of future performance. Rather, they are based on current views and assumptions and involve known and unknown risks, uncertainties and other factors, many of which are outside our control and are difficult to predict. If any of these risks and uncertainties materialize (or they occur with a degree of severity that the Company is unable to predict) or other assumptions underlying any of the forward-looking statements prove to be incorrect, including any assumptions regarding strategic plans, the actual results or developments may differ materially from any future results or developments expressed or implied by the forward-looking statements. Factors, risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements include, among others: economic conditions in each of our markets, including the significant uncertainty caused by geopolitical events; production and supply chain disruptions, including industry capacity constraints, material availability, and global logistics delays and constraints related to war or other armed conflict; the many interrelated factors that affect consumer confidence and worldwide demand for capital goods and capital goods related products, particularly as it relates to the agricultural market business cycle; changes in government policies regarding banking, monetary and fiscal policy; legislation, particularly pertaining to capital goods related issues such as agriculture, the environment, debt relief and subsidy program policies, trade, commerce and infrastructure development; government policies on international trade and investment, including sanctions, import quotas, capital controls, tariffs and other protective measures issued to promote national interests or address foreign competition, which in turn result or may result in retaliatory tariffs or other measures enacted by affected trade partners; volatility in international trade caused by the imposition of tariffs and the related impact on cost and prices, which could consequently affect demand of our products, sanctions, embargoes, and trade wars; actions of competitors in the various industries in which we compete; development and use of new technologies (including artificial intelligence) and technological difficulties; the interpretation of, or adoption of new, compliance requirements with respect to engine emissions, safety, privacy and data security or other aspects of our products; labor relations; interest rates and currency exchange rates; inflation and deflation; energy prices; prices for agricultural commodities and material price increases; housing starts and other construction activity; weather conditions, particularly to the extent it impacts the agricultural industry; our ability to obtain financing or to refinance existing debt; price pressure on new and used equipment; the resolution of pending litigation and investigations on a wide range of topics, including dealer and supplier litigation, intellectual property rights disputes, product warranty and defective product claims, and emissions and/or fuel economy regulatory and contractual issues; security breaches, cybersecurity attacks, technology failures, and other disruptions to the information technology infrastructure of CNH and its suppliers and dealers; security breaches with respect to our products; our pension plans and other postemployment obligations; political and civil unrest; volatility and deterioration of capital and financial markets, including pandemics, terrorist attacks in Europe, the Middle East and elsewhere; our ability to realize the anticipated benefits from our business initiatives as part of our strategic plan; including targeted restructuring actions to optimize our cost structure and improve the efficiency of our operations; our failure to realize, or a delay in realizing, all of the anticipated benefits of our acquisitions, joint ventures, strategic alliances or divestitures and other similar risks and uncertainties, and our success in managing the risks involved in the foregoing. Forward-looking statements are based upon assumptions relating to the factors described in this presentation, which are sometimes based upon estimates and data received from third parties. Such estimates and data are often revised. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside CNH's control. CNH expressly disclaims any intention or obligation to provide, update or revise any forward-looking statements in this announcement to reflect any change in expectations or any change in events, conditions or circumstances on which these forward-looking statements are based. Further information concerning CNH, including factors that potentially could materially affect its financial results, is included in the Company's reports and filings with the U.S. Securities and Exchange Commission ("SEC"). All future written and oral forward-looking statements by CNH or persons acting on the behalf of CNH are expressly qualified in their entirety by the cautionary statements contained herein or referred to above. Additional factors could cause actual results to differ from those expressed or implied by the forward-looking statements included in the Company's filings with the SEC (including, but not limited to, the factors discussed in our most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q). Reconciliations of non-GAAP measures to the most directly comparable GAAP measure are included in this presentation, which is available on our website at investors.cnh.com.

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3 Q1 2026 results \| April 30, 2026 Q1 2026 \| MAIN HIGHLIGHTS Passing through expected low point in Ag market demand Production kept at low levels to manage channel inventory Positive price/cost in Agriculture segment Further progress on dealer network consolidation Highly dynamic market environment impacting entire supply chain Continued engagement with U.S. administration on industry conditions 3

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Q1 2026 results \| April 30, 20264 Q1 2026 \| RESULTS (1) Non-GAAP measures (definition and reconciliation in the appendix) YoY vs Q1 2025 Consolidated Revenues $3.8B (0)% Net Sales Industrial Activities $3.2B (0)% Adjusted EBIT1 Industrial Activities $(45)M (145)% (460) bps Adjusted Industrial EBIT Margin1 (1.4)% Net Income $10M (92)% (84)% Adjusted Net Income1 $21M Diluted EPS $0.01 $(0.09) $(0.09) Adjusted Diluted EPS1 $0.01 Operating Cash Flow $(497)M $(30)M $(22)M Free Cash Flow1 Industrial Activities $(589)M

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Q1 2026 results \| April 30, 20265 Breaking new ground on Iron + Tech Expanding mid-cycle margins PATH TO 2030 Quality as a mindset Driving commercial excellence Operational excellence Expanding product leadership Advancing Iron + Tech integration

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Q1 2026 results \| April 30, 20266 DRIVING MANUFACTURING PLANT EFFICIENCIES Project-based approach to drive manufacturing plant efficiencies Cumulative Manufacturing Projects 0 500 1,000 1,500 2,000 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 ~1,400 in 2025 300+ in Q1 2026 $45M in 2025 Agriculture Manufacturing Efficiency savings Example New fiber laser at the Fargo plant reduced sheet steel cutting time by 52%, while also: • Reducing consumables • Minimizing secondary operations • Improving quality

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Q1 2026 results \| April 30, 20267 (49) 46 (29) (22) (34) (24) 139 27 Q1 2026 \| AGRICULTURE Note: numbers may not add due to rounding (1) Gross Margin calculated as Adj. Gross Profit divided by Net Sales, as shown in the appendix (2) As independent businesses, dealers control their own inventory 2,581 2,596 Q1 2025 Q1 2026 Net Sales ($M) Gross Margin1 Adjusted EBIT ($M) Q1 2025 Volume & Mix Pricing, Net Product Cost SG&A R&D FX & Other Q1 2026 1.0% 5.4% +1% YoY (90) bps YoY 20.0% 19.1% Q1 2025 Q1 2026 139 27 Production hours Δ YoY • Q1: +6% Dealer inventory2 flat sequentially vs. usual seasonal increase Production slots filled • Q2: • Q3:

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Q1 2026 results \| April 30, 20268 (5) 14 (32) 0 14 (14) (5) Q1 2026 \| CONSTRUCTION Note: numbers may not add due to rounding (1) Gross Margin calculated as Adj. Gross Profit divided by Net Sales, as shown in the appendix (2) As independent businesses, dealers control their own inventory 591 574 Q1 2025 Q1 2026 Net Sales ($M) Gross Margin1 Adjusted EBIT ($M) Q1 2025 Volume & Mix Pricing, Net Product Cost SG&A R&D FX & Other Q1 2026 (4.9)% 2.4% (3)% YoY (310) bps YoY 14.9% 11.8% Q1 2025 Q1 2026 14 (28) Production hours Δ YoY • Q1: +12% Dealer inventory2 YoY • Q1: (4)% Production slots filled • Q1: • Q2:

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Q1 2026 results \| April 30, 20269 1.7% 2.3% 3.5% 0% 1% 2% 3% 4% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 3.2% 3.1% 3.3% 1.9% 1.7% 1.4% 0% 1% 2% 3% 4% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q1 2026 \| FINANCIAL SERVICES (1) Including unconsolidated JVs; (2) At constant currency; (3) Return on Assets defined as: EBIT / average managed assets annualized Net Income ($ million) Delinquencies on Book (>30 Days)Profitability Ratios Gross Margin / Avg. Assets on Book Return on Assets3 Main Highlights 90 74 Q1 2025 Q1 2026 Q1 retail originations1 $2.2B, -$0.2B YoY Managed portfolio1 $28.0B, flat YoY (-$1.0B @CC2) Delinquencies at 3.5%, primarily driven by South America Net income down, mainly driven by higher risk cost

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Q1 2026 results \| April 30, 202610 CAPITAL ALLOCATION PRIORITIES ORGANIC GROWTH & MARGIN EXPANSION Support organic growth through investment in commercial actions, operational efficiencies, and quality improvements BALANCE SHEET STRENGTH & STRONG CREDIT RATING Preserve investment grade credit rating as foundational commitment INORGANIC GROWTH Maintain option for strategic, disciplined, and margin accretive M&A SHAREHOLDER RETURNS After debt repayment and M&A, return substantially all Industrial FCF to shareholders through dividends and share buybacks

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Q1 2026 results \| April 30, 202611 TARIFF IMPACT ON MARGINS Full year 2026 cost impact Agriculture Construction Original guidance (210)-(220) bps ~(500) bps Section 122 vs. IEEPA (temporary) ▼ ▼ Section 232 – whole machines ▲▲ ▲▲ Section 232 – component parts ▼▼ ▼ Section 301 investigation impact TBD TBD Revised guidance (210)-(220) bps ~(600) bps

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Q1 2026 results \| April 30, 202612 2026 OUTLOOK – AGRICULTURE (1) Regional split definition in the appendix Industry Retail Demand Forecast1 (Units) CNH Agriculture – Main Assumptions Tractors Combines North America flat - 5% LHP (20)% - (15)% HHP (5)% - flat EMEA (5)% - flat 5% - 10% South America (5)% - flat (15)% - (10)% APAC (15)% - (10)% 20% - 25% Total Industry Volume % change FY 2026 vs. FY 2025 reflecting the aggregate for key markets where the Company competes. 6.2% 2025A 2026E prior 2026E current $12,390M 2025A 2026E prior 2026E current (5)% - flat Δ YoY Net Sales Adj. EBIT Margin 4.5% - 5.5% (5)% - flat Δ YoY 4.5% - 5.5%

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Q1 2026 results \| April 30, 202613 2.3% 2025A 2026E prior 2026E current $2,956M 2025A 2026E prior 2026E current 2026 OUTLOOK – CONSTRUCTION (1) Regional split definition in the appendix Industry Retail Demand Forecast1 (Units) CNH Construction – Main Assumptions ~flat YoY Net Sales Adj. EBIT Margin 1.0% - 2.0% Light Heavy North America ~flat flat - 5% EMEA flat - 5% (5)% - flat South America (15)% - (10)% (15)% - (10)% APAC flat – 5% ~5% Total Industry Volume % change FY 2026 vs. FY 2025 reflecting the aggregate for key markets where the Company competes. ~flat YoY 1.0% - 2.0%

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Q1 2026 results \| April 30, 202614 2026 OUTLOOK – FINANCIAL TARGETS (1) Non-GAAP measure (definition in the appendix) Industrial Activities 2025A 2026E prior 2026E current Net Sales $15.3B (4)% - flat YoY reaffirmed Adj. EBIT margin1 4.3% 2.5% - 3.5% reaffirmed Free Cash Flow1 $513M $150M - $350M reaffirmed Company Adj. Diluted EPS1 $0.55 $0.35 - $0.45 reaffirmed

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15 Q1 2026 results \| April 30, 2026 Q2 2026 – KEY CONSIDERATIONS Agriculture net sales ~flat YoY; Construction up mid-teens % YoY South American market conditions require close monitoring Transportation and tariff cost dynamics Segment margins within full-year guidance ranges Financial Services net income impacted by higher risk reserves

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16 Q1 2026 results \| April 30, 2026 2026 PRIORITIES & OUTLOOK Carefully monitoring & managing global trade and supply chain dynamics Thorough production planning and further channel inventory trimming Purposeful growth in iron and tech investments Delivering 50-75 bps Agriculture mid-cycle margin improvements Multi-brand dealership consolidation progress in all major geographies

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17 APPENDIX

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Q1 2026 results \| April 30, 202618 UPCOMING EVENTS Q2 2026 earnings call: Monday, August 3, 9:00am ET Annual General Meeting of Shareholders: Friday, May 8, 3:00pm CEST (9:00am ET) Note: dates are subject to change

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Q1 2026 results \| April 30, 202619 Q1 2026 \| YOY UNIT PERFORMANCE (1) Total Industry Volume % YoY change reflecting the aggregate for key markets where the Company competes. NOTE: Total Industry Volume % change 2026 vs. 2025 reflecting aggregate for key markets where Company competes. APAC CE when excluding China 3% in Light & 2% in Heavy T o ta l I n d u s tr y NORTH AMERICA1 EMEA1 SOUTH AMERICA1 APAC1 0-140 HP – Small Tractors (7)% 2% (8)% 21% 140+ HP – Large Tractors (27)% Combines (6)% (5)% (33)% (16)% Light 5% 1% (7)% 8% Heavy 4% 11% 6% 6% Company Inventory Dealer Inventory Retail Production C o m p a n y Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Tractors Light HeavyCombines

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Q1 2026 results \| April 30, 202620 Q1 2026 \| INDUSTRIAL ACTIVITIES NET SALES Note: numbers may not add due to rounding (1) Δ YoY @CC means at constant currency Agriculture Construction Industrial Activities $2,596M $574M $3,170M +1% YoY (4)% @CC1 (3)% YoY (6)% @CC1 (0)% YoY (4)% @CC1 By Region as reported By Region as reported By Region as reported 39% 38% 11% 12% 53% 29% 11% 8% 42% 36% 11% 11% 41% 32% 16% 12% 54% 25% 13% 7% 43% 30% 15% 11% By Product as reported By Product as reported By Segment as reported 62% 17% 21% 42% 56% 2% 82% 18% 60% 18% 22% 35% 63% 2% 81% 19% Q1 2025 Q1 2026 Agriculture Construction NA EMEA SA APAC Tractors Combines Others Heavy Light Others NA EMEA SA APAC NA EMEA SA APAC Q1 2026 mix Q1 2025 mix Q1 2026 mix Q1 2025 mix

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Q1 2026 results \| April 30, 202621 Q1 2026 \| FINANCIALS BY SEGMENT Note: numbers may not add due to rounding (1) Non-GAAP measure: definition in the slide "Non-GAAP Financial Measures"; reconciliation in "Reconciliations" section $M Revenues & Net Sales Gross Profit Gross Margin Adj. EBIT1 Adj. EBIT Margin1 Q1 26 Q1 25 Q1 26 Q1 25 Q1 26 Q1 25 Q1 26 Q1 25 Q1 26 Q1 25 Agriculture 2,596 2,581 497 515 19.1% 20.0% 27 139 1.0% 5.4% Construction 574 591 68 88 11.8% 14.9% (28) 14 (4.9%) 2.4% Elimination & Other - - - - - - (44) (52) - - Industrial Activities 3,170 3,172 565 603 17.8% 19.0% (45) 101 (1.4%) 3.2% Financial Services 646 651 Elimination & other 10 5 CNH Industrial 3,826 3,828

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Q1 2026 results \| April 30, 202622 DEBT MATURITY SCHEDULE \| BREAKDOWN Note: Numbers may not add due to rounding Outstanding Mar. 31, 2026 2026 2027 2028 2029 2030 Beyond 2.8 Bank debt 0.7 0.7 0.3 0.3 0.2 0.6 12.3 Capital market 1.9 3.0 2.0 2.2 0.5 2.7 0.1 Other debt 0.1 - - - - - 15.2 Cash portion of debt maturities 2.7 3.6 2.3 2.5 0.8 3.3 of which Industrial Activities - 1.3 0.1 0.6 - 2.1 of which Financial Services 2.7 2.3 2.2 1.9 0.8 1.3 2.3 Cash & cash equivalents and restr. cash 0.7 of which restricted cash 0.2 Net receivables / (payables) with Iveco 6.4 Undrawn committed credit lines 8.9 Total available liquidity ($B)

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23 RECONCILIATIONS

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Q1 2026 results \| April 30, 202624 ($M) Q1 2026 Q1 2025 Net income (loss) 10 132 Less: consolidated income tax expense (4) (46) Consolidated income before taxes 14 179 Less: Financial Services Financial Services net income 74 90 Financial Services income taxes 26 28 Add back of the following Industrial Activities items: Interest expense of Industrial Activities, net of Interest income and elim. 23 25 Foreign exchange (gains) losses, net of Industrial Activities 2 5 Finance and non-service component of pension and other post-employment benefit costs of Industrial Activities 4 4 Adjustments for the following Industrial Activities items: Restructuring expenses 4 6 Other discrete items 8 - Total adjusted EBIT of Industrial Activities (45) 101 ADJUSTED EBIT RECONCILIATION Reconciliation of Consolidated Net Income to Adjusted EBIT of Industrial Activities

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Q1 2026 results \| April 30, 202625 ($M) Q1 2026 Q1 2025 Net income (loss) 10 132 Adjustments impacting Income (loss) before income tax (expense) benefit and equity in income of unconsolidated subsidiaries and affiliates 12 - Restructuring expenses 4 6 Pre-tax gain related to the 2021 modification of a healthcare plan in the U.S. - (6) Impairment of minority investment 8 - Tax effect of adjustments impacting Income (loss) before income tax (expense) benefit and equity in income of unconsolidated subsidiaries and affiliates (1) - Adjusted net income (loss) 21 132 Adjusted net income (loss) attributable to CNH Industrial N.V. 18 131 Weighted average shares outstanding – diluted (million) 1,244 1,253 Adjusted diluted EPS $0.01 $0.10 ADJUSTED NET INCOME RECONCILIATION Reconciliation of Adjusted Net Income to Net Income (Loss) & Calculation of Adjusted Diluted EPS

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Q1 2026 results \| April 30, 202626 ($M) Q1 2026 Q1 2025 Net cash provided by (used in) Operating Activities 35 162 Cash flows from Operating Activities of Financial Services net of eliminations (534) (638) Change in derivatives hedging debt of Industrial Activities and other 2 9 Investments in property, plant & equipment, and intangible assets of Industrial Activities (92) (103) Other changes - 3 Free cash flow of Industrial Activities (589) (567) FREE CASH FLOW RECONCILIATION Reconciliation of Net Cash Provided (Used) by Operating Activities to Free Cash Flow of Industrial Activities

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Q1 2026 results \| April 30, 202627 The composition of our regions part of the geographic information is as follows: • North America: United States, Canada, and Mexico • Europe, Middle East, and Africa (EMEA): member countries of the European Union, European Free Trade Association, the United Kingdom, Ukraine, Balkans, Türkiye, Uzbekistan, Pakistan, the African continent, and the Middle East • South America: Central and South America, and the Caribbean Islands • Asia Pacific (APAC): Continental Asia (including the Indian subcontinent), Indonesia, Japan, and Oceania Industry Data • In this presentation, industry information is generally based on retail unit sales data in North America, on registrations of equipment in most of Europe, Brazil, and various Rest of the World markets, and on retail and shipment unit data collected by a central information bureau appointed by equipment manufacturers associations, including the Association of Equipment Manufacturers' in North America, the Committee for European Construction Equipment in Europe, the ANFAVEA in Brazil, the Japan Construction Equipment Manufacturers Association, and the Korea Construction Equipment Manufacturers Association, as well as on other shipment data collected by an independent service bureau. • Not all Agricultural or Construction equipment is registered, and registration data may thus underestimate, perhaps substantially, actual retail industry unit sales demand, particularly for local manufacturers in China, Southeast Asia, Eastern Europe, Russia, Türkiye, Brazil, and any country where local shipments are not reported. • In addition, there may be a period of time between the shipment, delivery, sale and/or registration of a unit, which must be estimated and may require adjustments when determining our estimates of retail unit data in any period. GEOGRAPHIC INFORMATION

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Q1 2026 results \| April 30, 202628 CNH monitors its operations through the use of several non-GAAP financial measures. CNH's management believes that these non-GAAP financial measures provide useful and relevant information regarding its operating results and enhance the readers' ability to assess CNH's financial performance and financial position. Management uses these non-GAAP measures to identify operational trends, as well as make decisions regarding future spending, resource allocations and other operational decisions as they provide additional transparency with respect to our core operations. These non-GAAP financial measures have no standardized meaning under U.S. GAAP and are unlikely to be comparable to other similarly titled measures used by other companies and are not intended to be substitutes for measures of financial performance and financial position as prepared in accordance with U.S. GAAP. CNH's non-GAAP financial measures used in this presentation are defined as follows: Change excluding FX or Constant Currency refers to the fluctuations in revenues on a constant currency basis by applying the prior year average exchange rates to current year's revenues expressed in local currency in order to eliminate the impact of foreign exchange rate fluctuations. Adjusted Gross Profit Margin of Industrial Activities: is computed by dividing Net Sales less Costs of good sold, as adjusted by non-recurring items, by Net Sales. Adjusted EBIT of Industrial Activities is defined as net income (loss) before income taxes, Financial Services' results, Industrial Activities' interest expenses, net, foreign exchange gains/losses, finance and non-service component of pension and other post-employment benefit costs, restructuring expenses, and certain non- recurring items. In particular, non-recurring items are specifically disclosed items that management considers rare or discrete events that are infrequent in nature and not reflective of on-going operational activities. Adjusted EBIT Margin of Industrial Activities is computed by dividing Adjusted EBIT of Industrial Activities by Net Sales of Industrial Activities. Adjusted Income Tax (Expense) Benefit is defined as income taxes less the tax effect of restructuring expenses and non-recurring items, and non-recurring tax charges or benefits. Adjusted Effective Tax Rate (Adjusted ETR) is computed by dividing a) adjusted income taxes by b) income (loss) before income taxes and equity in income of unconsolidated subsidiaries and affiliates, less restructuring expenses and non-recurring items. Adjusted Net Income is defined as net income, less restructuring charges and non-recurring items, after tax. Adjusted Diluted EPS is computed by dividing Adjusted Net Income (loss) attributable to CNH Industrial N.V. by a weighted-average number of common shares outstanding during the period that takes into consideration potential common shares outstanding deriving from the CNH share-based payment awards, when inclusion is not anti-dilutive. When we provide guidance for adjusted diluted EPS, we do not provide guidance on an earnings per share basis because the GAAP measure will include potentially significant items that have not yet occurred and are difficult to predict with reasonable certainty prior to year-end. Free Cash Flow of Industrial Activities (or Industrial Free Cash Flow) refers to Industrial Activities only and is computed as consolidated cash flow from operating activities less: cash flow from operating activities of Financial Services; investments of Industrial Activities in assets sold under operating leases, property, plant and equipment and intangible assets; change in derivatives hedging debt of Industrial Activities; as well as other changes and intersegment eliminations. For forecasted information, the Company is unable to provide a reconciliation of this measure without unreasonable effort due to the uncertainty and inherent difficulty of predicting the occurrence, the financial impact, and the periods in which the adjustments may be recognized. For the same reasons, the Company is unable to address the probable significance of the unavailable information, which could be material to future results. NON-GAAP FINANCIAL MEASURES

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29 INVESTOR RELATIONS CONTACTS investors.cnh.com investor.relations@cnh.com Jason Omerza +1 (630) 740 8079 jason.omerza@cnh.com Federico Pavesi +39 (345) 605 6218 federico.pavesi@cnh.com

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