CNH Industrial (CNH) Operating Expenses (2013 - 2026)
CNH Industrial's (CNH) quarterly Operating Expenses came in at $701.0 million in Q1 2026, up 21.7% YoY from $576.0 million in Q1 2025, and down 12.92% on a QoQ basis from $805.0 million in Q4 2025.
CNH Industrial (CNH) Operating Expenses (2013 - 2026) Analysis & Trends
CNH Industrial (CNH) has 14 years of Operating Expenses data on file, last reported at $701.0 million in Q1 2026.
- Quarterly Operating Expenses rose 21.7% year-over-year to $701.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.0 billion (up 7.42% YoY) and the FY2025 annual result came in at $2.9 billion, up 6.14% from the prior year.
- Operating Expenses fell to $701.0 million in Q1 2026, from $805.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $833.0 million in Q3 2025 to a low of $564.0 million in Q1 2022.
- A 5-year average of $715.3 million and a median of $701.0 million in 2025 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 26.4% in 2025, down 14.03% in 2025.
- Tracing CNH's Operating Expenses over 5 years: stood at $797.0 million in 2022, then gained by 1.88% to $812.0 million in 2023, then dropped by 3.57% to $783.0 million in 2024, then grew by 2.81% to $805.0 million in 2025, then retreated by 12.92% to $701.0 million in 2026.
- The last three Operating Expenses figures came in at $701.0 million (Q1 2026), $805.0 million (Q4 2025), and $833.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.77 Bn | 382.06 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Deere | 166.44 Bn | 158.54 Bn | 13.06 Bn | 11.08 Bn |
| 3 | Paccar | 69.65 Bn | 60.99 Bn | 1.56 Bn | 6.23 Bn |
| 4 | CNH Industrial | 13.18 Bn | 11.32 Bn | 1.41 Bn | 751.00 Mn |
| 5 | Oshkosh | 9.71 Bn | 9.31 Bn | 480.30 Mn | 237.10 Mn |
| 6 | Terex | 7.68 Bn | 7.28 Bn | 444.00 Mn | 209.00 Mn |
| 7 | Agco | 7.20 Bn | 6.63 Bn | 645.90 Mn | 335.70 Mn |
| 8 | Blue Bird | 2.27 Bn | 2.15 Bn | 103.37 Mn | 40.71 Mn |
| 9 | Alamo | 2.06 Bn | 1.87 Bn | 110.86 Mn | 60.08 Mn |
| 10 | Lindsay | 1.19 Bn | 1.04 Bn | 47.83 Mn | 29.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 751.00 Mn |
| Mar 31, 2026 | 701.00 Mn |
| Dec 31, 2025 | 805.00 Mn |
| Sep 30, 2025 | 833.00 Mn |
| Jun 30, 2025 | 701.00 Mn |
| Mar 31, 2025 | 576.00 Mn |
| Dec 31, 2024 | 783.00 Mn |
| Sep 30, 2024 | 659.00 Mn |
| Jun 30, 2024 | 812.00 Mn |
| Mar 31, 2024 | 670.00 Mn |
| Dec 31, 2023 | 812.00 Mn |
| Sep 30, 2023 | 733.00 Mn |
| Jun 30, 2023 | 756.00 Mn |
| Mar 31, 2023 | 670.00 Mn |
| Dec 31, 2022 | 797.00 Mn |
| Sep 30, 2022 | 646.00 Mn |
| Jun 30, 2022 | 642.00 Mn |
| Mar 31, 2022 | 564.00 Mn |
| Dec 31, 2021 | 634.00 Mn |
| Sep 30, 2021 | 521.00 Mn |