Deere & CompanyDEEarnings & Financial Report
Deere & Company, doing business as John Deere, is an American corporation that manufactures agricultural machinery, heavy equipment, forestry machinery, diesel engines, drivetrains used in heavy equipment and lawn care equipment. It also provides financial services and other related activities.
DE Q1 FY2026 Key Financial Metrics
Revenue
$6.8B
Gross Profit
$1.8B
Operating Profit
$338.0M
Net Profit
$869.0M
Gross Margin
26.0%
Operating Margin
5.0%
Net Margin
12.8%
YoY Growth
3.0%
EPS
$3.19
Deere & Company Q1 FY2026 Financial Summary
Deere & Company reported revenue of $6.8B (up 3.0% YoY) for Q1 FY2026, with a net profit of $869.0M (down 25.0% YoY) (12.8% margin). Cost of goods sold was $5.0B, operating expenses totaled $1.4B.
Key Financial Metrics
| Total Revenue | $6.8B |
|---|---|
| Net Profit | $869.0M |
| Gross Margin | 26.0% |
| Operating Margin | 5.0% |
| Report Period | Q1 FY2026 |
Deere & Company Annual Revenue by Year
Deere & Company annual revenue history includes year-by-year totals (for example, 2025 revenue was $45.7B).
Deere & Company Quarterly Revenue & Net Profit History
Deere & Company results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $6.8B | +3.0% | $869.0M | 12.8% |
| Q4 FY2025 | $12.4B | +11.2% | $1.1B | 8.6% |
| Q3 FY2025 | $12.0B | -8.6% | $1.3B | 10.7% |
| Q2 FY2025 | $12.8B | -16.2% | $1.8B | 14.1% |
| Q1 FY2025 | $8.5B | -30.2% | $869.0M | 10.2% |
| Q4 FY2024 | $11.1B | -27.7% | $1.2B | 11.2% |
| Q3 FY2024 | $13.2B | -16.8% | $1.7B | 13.2% |
| Q2 FY2024 | $15.2B | -12.4% | $2.4B | 15.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $15.23B | $13.15B | $11.14B | $8.51B | $12.76B | $12.02B | $12.39B | $6.81B |
| YoY Growth | -12.4% | -16.8% | -27.7% | -30.2% | -16.2% | -8.6% | 11.2% | 3.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $105.63B | $107.84B | $107.32B | $103.12B | $106.30B | $107.82B | $106.00B | $106.00B |
| Liabilities | $82.84B | $84.69B | $84.39B | $80.56B | $81.92B | $82.55B | $79.99B | $79.99B |
| Equity | $22.68B | $23.06B | $22.84B | $22.48B | $24.29B | $25.18B | $25.95B | $25.96B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $1.85B | $3.19B | $5.09B | $-1.13B | $1.70B | $2.90B | $4.00B |