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CNH Industrial reports flat Q3 2026 revenue, adjusted net income nearly doubles, and forms joint venture with Kobelco.

Company Fundamentals
09 Nov 2026, 13:30 WIB
GlobeNewsWire
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Bullish
CNH Industrial reports flat Q3 2026 revenue, adjusted net income nearly doubles, and forms joint venture with Kobelco.

CNH Industrial's Q3 2026 revenue remained stable at $4.4 billion year-over-year, while adjusted net income rose to $205 million from $109 million, boosted by tariff refunds and operational efficiencies. Despite a reported net income drop to $35 million due to a $156 million non-cash tax charge, the company updated its 2026 outlook with modest improvements in margins and earnings per share. CNH also announced a strategic joint venture with Kobelco, selling a 70% stake in its Construction Equipment business to focus on agriculture machinery. The company plans to reinvest tariff refunds into inventory clearance and technology development, positioning itself for recovery in the agriculture sector amid volatile global markets.

CNH Industrial's market cap stands at $18.59 billion as of Nov 09, 2026 18:41 WIB, with a dividend yield of 0.87%. On Pluang, CNH shares trade at USD 11.80, up 2.08% for the day, reflecting investor interest following the company’s strategic joint venture announcement and improved earnings outlook. Trading volume is robust at over 16 million shares, indicating active participation in the stock amid its operational shifts.

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