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Side-by-side financial comparison of CNH Industrial N.V. (CNH) and ServiceNow (NOW). Click either name above to swap in a different company.

CNH Industrial N.V. is the larger business by last-quarter revenue ($4.5B vs $3.8B, roughly 1.2× ServiceNow). ServiceNow runs the higher net margin — 12.4% vs 1.9%, a 10.5% gap on every dollar of revenue. On growth, CNH Industrial N.V. posted the faster year-over-year revenue change (7.8% vs 2.8%). Over the past eight quarters, ServiceNow's revenue compounded faster (19.8% CAGR vs 3.8%).

CNH Industrial NV is an Italian-American multinational corporation with global headquarters in Basildon, United Kingdom, but controlled and mostly owned by the multinational investment company Exor, which in turn is controlled by the Agnelli family. Through its various businesses, CNH Industrial designs, produces, and sells agricultural machinery and construction equipment. Present in all major markets worldwide, CNH Industrial is focused on expanding its presence in high-growth markets, incl...

ServiceNow, Inc. is an American software company that supplies a cloud computing platform for the creation and management of automated business workflows. The company was founded in Santa Clara, California, United States, in 2003 by Fred Luddy. It is listed on the New York Stock Exchange and is a constituent of the S&P 100 and S&P 500 indices.

CNH vs NOW — Head-to-Head

Bigger by revenue
CNH
CNH
1.2× larger
CNH
$4.5B
$3.8B
NOW
Growing faster (revenue YoY)
CNH
CNH
+5.0% gap
CNH
7.8%
2.8%
NOW
Higher net margin
NOW
NOW
10.5% more per $
NOW
12.4%
1.9%
CNH
Faster 2-yr revenue CAGR
NOW
NOW
Annualised
NOW
19.8%
3.8%
CNH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CNH
CNH
NOW
NOW
Revenue
$4.5B
$3.8B
Net Profit
$86.0M
$469.0M
Gross Margin
18.4%
75.1%
Operating Margin
3.0%
13.3%
Net Margin
1.9%
12.4%
Revenue YoY
7.8%
2.8%
Net Profit YoY
-18.9%
-53.7%
EPS (diluted)
$0.08
$1.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CNH
CNH
NOW
NOW
Q1 26
$3.8B
Q4 25
$4.5B
$3.6B
Q3 25
$3.7B
$3.4B
Q2 25
$4.0B
$3.2B
Q1 25
$3.2B
$3.1B
Q4 24
$4.1B
$3.0B
Q3 24
$4.0B
$2.8B
Q2 24
$4.8B
$2.6B
Net Profit
CNH
CNH
NOW
NOW
Q1 26
$469.0M
Q4 25
$86.0M
$401.0M
Q3 25
$80.0M
$502.0M
Q2 25
$213.0M
$385.0M
Q1 25
$131.0M
$460.0M
Q4 24
$106.0M
$384.0M
Q3 24
$306.0M
$432.0M
Q2 24
$433.0M
$262.0M
Gross Margin
CNH
CNH
NOW
NOW
Q1 26
75.1%
Q4 25
18.4%
76.6%
Q3 25
19.1%
77.3%
Q2 25
20.6%
77.5%
Q1 25
19.0%
78.9%
Q4 24
19.5%
78.7%
Q3 24
21.7%
79.1%
Q2 24
22.9%
79.0%
Operating Margin
CNH
CNH
NOW
NOW
Q1 26
13.3%
Q4 25
3.0%
12.4%
Q3 25
1.4%
16.8%
Q2 25
6.8%
11.1%
Q1 25
5.1%
14.6%
Q4 24
5.8%
12.6%
Q3 24
9.6%
14.9%
Q2 24
11.1%
9.1%
Net Margin
CNH
CNH
NOW
NOW
Q1 26
12.4%
Q4 25
1.9%
11.2%
Q3 25
2.2%
14.7%
Q2 25
5.3%
12.0%
Q1 25
4.1%
14.9%
Q4 24
2.6%
13.0%
Q3 24
7.7%
15.4%
Q2 24
9.0%
10.0%
EPS (diluted)
CNH
CNH
NOW
NOW
Q1 26
$1.04
Q4 25
$0.08
$-4.77
Q3 25
$0.06
$2.40
Q2 25
$0.17
$1.84
Q1 25
$0.10
$2.20
Q4 24
$0.10
$1.84
Q3 24
$0.24
$2.07
Q2 24
$0.34
$1.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CNH
CNH
NOW
NOW
Cash + ST InvestmentsLiquidity on hand
$2.6B
$2.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$7.8B
$11.7B
Total Assets
$42.7B
$24.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNH
CNH
NOW
NOW
Q1 26
$2.7B
Q4 25
$2.6B
$3.7B
Q3 25
$2.3B
$2.7B
Q2 25
$2.5B
$3.1B
Q1 25
$1.7B
$3.4B
Q4 24
$3.2B
$2.3B
Q3 24
$1.8B
$1.9B
Q2 24
$2.0B
$2.2B
Stockholders' Equity
CNH
CNH
NOW
NOW
Q1 26
$11.7B
Q4 25
$7.8B
$13.0B
Q3 25
$7.8B
$11.3B
Q2 25
$7.8B
$10.9B
Q1 25
$7.9B
$10.1B
Q4 24
$7.7B
$9.6B
Q3 24
$7.7B
$9.3B
Q2 24
$7.6B
$8.7B
Total Assets
CNH
CNH
NOW
NOW
Q1 26
$24.4B
Q4 25
$42.7B
$26.0B
Q3 25
$43.3B
$21.8B
Q2 25
$43.7B
$22.1B
Q1 25
$42.1B
$21.0B
Q4 24
$42.9B
$20.4B
Q3 24
$44.0B
$18.4B
Q2 24
$44.0B
$18.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNH
CNH
NOW
NOW
Operating Cash FlowLast quarter
$945.0M
$1.7B
Free Cash FlowOCF − Capex
$1.7B
FCF MarginFCF / Revenue
44.2%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
10.99×
3.56×
TTM Free Cash FlowTrailing 4 quarters
$4.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNH
CNH
NOW
NOW
Q1 26
$1.7B
Q4 25
$945.0M
$2.2B
Q3 25
$659.0M
$813.0M
Q2 25
$772.0M
$716.0M
Q1 25
$162.0M
$1.7B
Q4 24
$1.7B
$1.6B
Q3 24
$791.0M
$671.0M
Q2 24
$379.0M
$620.0M
Free Cash Flow
CNH
CNH
NOW
NOW
Q1 26
$1.7B
Q4 25
$2.0B
Q3 25
$578.0M
Q2 25
$526.0M
Q1 25
$1.5B
Q4 24
$1.4B
Q3 24
$469.0M
Q2 24
$358.0M
FCF Margin
CNH
CNH
NOW
NOW
Q1 26
44.2%
Q4 25
56.1%
Q3 25
17.0%
Q2 25
16.4%
Q1 25
47.7%
Q4 24
46.7%
Q3 24
16.8%
Q2 24
13.6%
Capex Intensity
CNH
CNH
NOW
NOW
Q1 26
Q4 25
6.7%
Q3 25
6.9%
Q2 25
5.9%
Q1 25
6.6%
Q4 24
8.6%
Q3 24
7.2%
Q2 24
10.0%
Cash Conversion
CNH
CNH
NOW
NOW
Q1 26
3.56×
Q4 25
10.99×
5.58×
Q3 25
8.24×
1.62×
Q2 25
3.62×
1.86×
Q1 25
1.24×
3.65×
Q4 24
15.96×
4.26×
Q3 24
2.58×
1.55×
Q2 24
0.88×
2.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CNH
CNH

Agricultural Equipment Segment$3.6B81%
Construction Equipment Segment$853.0M19%
Services$18.0M0%

NOW
NOW

Subscription revenues$3.7B97%
Other$80.5M2%
Professional services and other revenues$18.5M0%

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