# DEERE & CO (DE) FY2025 Q3 P&L / Income Statement - Company: DEERE & CO (DE) - Period: 2025-04-28 to 2025-07-27 - Filing: Q3 FY2025 10-Q, filed 2025-08-28, accession number 0001558370-25-011789 - Page: https://plicit.ai/financials/de/fy2025-q3-income-statement - Chart image: https://plicit.ai/charts/de-fy2025-q3-income-statement-sankey.png ## Chart details: Revenue by Product and Service (7 categories) Income statement for 2025-04-28 through 2025-07-27. View: Product and service (7 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales and revenues**: 12,018,000,000 US dollars - **Cost of revenue (calculated)**: 7,570,000,000 US dollars - **Gross profit (calculated)**: 4,448,000,000 US dollars - **Operating expenses (calculated)**: 2,848,000,000 US dollars - **Operating profit (calculated)**: 1,600,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 1,600,000,000 US dollars - **Provision for income taxes**: 339,000,000 US dollars - **Net Income**: 1,271,000,000 US dollars - **Production Agriculture**: 4,183,000,000 US dollars - **Small Agriculture**: 2,189,000,000 US dollars - **Turf**: 760,000,000 US dollars - **Construction**: 1,207,000,000 US dollars - **Compact Construction**: 491,000,000 US dollars - **Roadbuilding**: 1,013,000,000 US dollars - **Forestry**: 292,000,000 US dollars - **Undisclosed (calculated)**: 1,883,000,000 US dollars - **Cost of sales**: 7,570,000,000 US dollars - **Research and development expenses**: 556,000,000 US dollars - **Selling, administrative and general expenses**: 1,217,000,000 US dollars - **Interest expense**: 794,000,000 US dollars - **Other operating expenses**: 281,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 10,000,000 US dollars. Reported below-tax contribution to net income. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income. - Of which attributable to DEERE & CO: $1.29 B; to noncontrolling interests: −$18.00 M. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/de/fy2025-q3-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/de-fy2025-q3-revenue-by-geography-sankey.png Income statement for 2025-04-28 through 2025-07-27. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales and revenues**: 12,018,000,000 US dollars - **Cost of revenue (calculated)**: 7,570,000,000 US dollars - **Gross profit (calculated)**: 4,448,000,000 US dollars - **Operating expenses (calculated)**: 2,848,000,000 US dollars - **Operating profit (calculated)**: 1,600,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 1,600,000,000 US dollars - **Provision for income taxes**: 339,000,000 US dollars - **Net Income**: 1,271,000,000 US dollars - **UNITED STATES**: 6,008,000,000 US dollars - **CANADA**: 895,000,000 US dollars - **Western Europe**: 2,029,000,000 US dollars - **Central Europe and CIS**: 536,000,000 US dollars - **Latin America**: 1,459,000,000 US dollars - **Asia, Africa, Oceania, and Middle East**: 1,091,000,000 US dollars - **Cost of sales**: 7,570,000,000 US dollars - **Research and development expenses**: 556,000,000 US dollars - **Selling, administrative and general expenses**: 1,217,000,000 US dollars - **Interest expense**: 794,000,000 US dollars - **Other operating expenses**: 281,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 10,000,000 US dollars. Reported below-tax contribution to net income. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income. - Of which attributable to DEERE & CO: $1.29 B; to noncontrolling interests: −$18.00 M. ## Chart details: Revenue by Timing of Transfer - Page: https://plicit.ai/financials/de/fy2025-q3-income-statement/revenue-by-timing-of-transfer - Chart image: https://plicit.ai/charts/de-fy2025-q3-revenue-by-timing-of-transfer-sankey.png Income statement for 2025-04-28 through 2025-07-27. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales and revenues**: 12,018,000,000 US dollars - **Cost of revenue (calculated)**: 7,570,000,000 US dollars - **Gross profit (calculated)**: 4,448,000,000 US dollars - **Operating expenses (calculated)**: 2,848,000,000 US dollars - **Operating profit (calculated)**: 1,600,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 1,600,000,000 US dollars - **Provision for income taxes**: 339,000,000 US dollars - **Net Income**: 1,271,000,000 US dollars - **Revenue Recognized at a Point in Time**: 10,423,000,000 US dollars - **Revenue Recognized Over Time**: 1,595,000,000 US dollars - **Cost of sales**: 7,570,000,000 US dollars - **Research and development expenses**: 556,000,000 US dollars - **Selling, administrative and general expenses**: 1,217,000,000 US dollars - **Interest expense**: 794,000,000 US dollars - **Other operating expenses**: 281,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 10,000,000 US dollars. Reported below-tax contribution to net income. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income. - Of which attributable to DEERE & CO: $1.29 B; to noncontrolling interests: −$18.00 M. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/de/fy2025-q3-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/de-fy2025-q3-revenue-by-business-segment-sankey.png Income statement for 2025-04-28 through 2025-07-27. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales and revenues**: 12,018,000,000 US dollars - **Cost of revenue (calculated)**: 7,570,000,000 US dollars - **Gross profit (calculated)**: 4,448,000,000 US dollars - **Operating expenses (calculated)**: 2,848,000,000 US dollars - **Operating profit (calculated)**: 1,600,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 1,600,000,000 US dollars - **Provision for income taxes**: 339,000,000 US dollars - **Net Income**: 1,271,000,000 US dollars - **Production & Precision Ag (PPA)**: 4,384,000,000 US dollars - **Small Ag & Turf (SAT)**: 3,089,000,000 US dollars - **Construction & Forestry (CF)**: 3,127,000,000 US dollars - **Undisclosed (calculated)**: 1,418,000,000 US dollars - **Cost of sales**: 7,570,000,000 US dollars - **Research and development expenses**: 556,000,000 US dollars - **Selling, administrative and general expenses**: 1,217,000,000 US dollars - **Interest expense**: 794,000,000 US dollars - **Other operating expenses**: 281,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 10,000,000 US dollars. Reported below-tax contribution to net income. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income. - Of which attributable to DEERE & CO: $1.29 B; to noncontrolling interests: −$18.00 M. ## Chart details: Revenue by Business Segment by Timing of Transfer - Page: https://plicit.ai/financials/de/fy2025-q3-income-statement/revenue-by-business-segment-by-timing-of-transfer - Chart image: https://plicit.ai/charts/de-fy2025-q3-revenue-by-business-segment-by-timing-of-transfer-sankey.png Income statement for 2025-04-28 through 2025-07-27. View: Segments by Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales and revenues**: 12,018,000,000 US dollars - **Cost of revenue (calculated)**: 7,570,000,000 US dollars - **Gross profit (calculated)**: 4,448,000,000 US dollars - **Operating expenses (calculated)**: 2,848,000,000 US dollars - **Operating profit (calculated)**: 1,600,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 1,600,000,000 US dollars - **Provision for income taxes**: 339,000,000 US dollars - **Net Income**: 1,271,000,000 US dollars - **Construction & Forestry (CF) - Revenue Recognized at a Point in Time**: 3,085,000,000 US dollars - **Construction & Forestry (CF) - Revenue Recognized Over Time**: 42,000,000 US dollars - **Production & Precision Ag (PPA) - Revenue Recognized at a Point in Time**: 4,270,000,000 US dollars - **Production & Precision Ag (PPA) - Revenue Recognized Over Time**: 114,000,000 US dollars - **Small Ag & Turf (SAT) - Revenue Recognized at a Point in Time**: 3,032,000,000 US dollars - **Small Ag & Turf (SAT) - Revenue Recognized Over Time**: 57,000,000 US dollars - **Undisclosed (calculated)**: 1,418,000,000 US dollars - **Cost of sales**: 7,570,000,000 US dollars - **Research and development expenses**: 556,000,000 US dollars - **Selling, administrative and general expenses**: 1,217,000,000 US dollars - **Interest expense**: 794,000,000 US dollars - **Other operating expenses**: 281,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 10,000,000 US dollars. Reported below-tax contribution to net income. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income. - Of which attributable to DEERE & CO: $1.29 B; to noncontrolling interests: −$18.00 M. ## Chart details: Revenue by Business Segment by Product and Service - Page: https://plicit.ai/financials/de/fy2025-q3-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/de-fy2025-q3-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2025-04-28 through 2025-07-27. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales and revenues**: 12,018,000,000 US dollars - **Cost of revenue (calculated)**: 7,570,000,000 US dollars - **Gross profit (calculated)**: 4,448,000,000 US dollars - **Operating expenses (calculated)**: 2,848,000,000 US dollars - **Operating profit (calculated)**: 1,600,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 1,600,000,000 US dollars - **Provision for income taxes**: 339,000,000 US dollars - **Net Income**: 1,271,000,000 US dollars - **Construction & Forestry (CF) - Compact Construction**: 491,000,000 US dollars - **Construction & Forestry (CF) - Construction**: 1,207,000,000 US dollars - **Construction & Forestry (CF) - Forestry**: 292,000,000 US dollars - **Construction & Forestry (CF) - Roadbuilding**: 1,013,000,000 US dollars - **Production & Precision Ag (PPA) - Production Agriculture**: 4,183,000,000 US dollars - **Small Ag & Turf (SAT) - Small Agriculture**: 2,189,000,000 US dollars - **Small Ag & Turf (SAT) - Turf**: 760,000,000 US dollars - **Undisclosed (calculated)**: 1,883,000,000 US dollars - **Cost of sales**: 7,570,000,000 US dollars - **Research and development expenses**: 556,000,000 US dollars - **Selling, administrative and general expenses**: 1,217,000,000 US dollars - **Interest expense**: 794,000,000 US dollars - **Other operating expenses**: 281,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 10,000,000 US dollars. Reported below-tax contribution to net income. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income. - Of which attributable to DEERE & CO: $1.29 B; to noncontrolling interests: −$18.00 M. ## Chart details: Revenue by Product and Service (3 categories) - Page: https://plicit.ai/financials/de/fy2025-q3-income-statement/revenue-by-product-and-service-3-categories - Chart image: https://plicit.ai/charts/de-fy2025-q3-revenue-by-product-and-service-3-categories-sankey.png Income statement for 2025-04-28 through 2025-07-27. View: Product and service (3 categories). Revenue and costs use their disclosed categories. - **Net sales and revenues**: 12,018,000,000 US dollars - **Cost of revenue (calculated)**: 7,570,000,000 US dollars - **Gross profit (calculated)**: 4,448,000,000 US dollars - **Operating expenses (calculated)**: 2,848,000,000 US dollars - **Operating profit (calculated)**: 1,600,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 1,600,000,000 US dollars - **Provision for income taxes**: 339,000,000 US dollars - **Net Income**: 1,271,000,000 US dollars - **Net Sales revenue**: 10,357,000,000 US dollars - **Finance and Interest Income**: 1,426,000,000 US dollars - **Other Income**: 235,000,000 US dollars - **Net Sales cost of revenue**: 7,570,000,000 US dollars - **Research and development expenses**: 556,000,000 US dollars - **Selling, administrative and general expenses**: 1,217,000,000 US dollars - **Interest expense**: 794,000,000 US dollars - **Other operating expenses**: 281,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 10,000,000 US dollars. Reported below-tax contribution to net income. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income. - Of which attributable to DEERE & CO: $1.29 B; to noncontrolling interests: −$18.00 M. ## Chart details: Revenue by Business Segment by Geography - Page: https://plicit.ai/financials/de/fy2025-q3-income-statement/revenue-by-business-segment-by-geography - Chart image: https://plicit.ai/charts/de-fy2025-q3-revenue-by-business-segment-by-geography-sankey.png Income statement for 2025-04-28 through 2025-07-27. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales and revenues**: 12,018,000,000 US dollars - **Cost of revenue (calculated)**: 7,570,000,000 US dollars - **Gross profit (calculated)**: 4,448,000,000 US dollars - **Operating expenses (calculated)**: 2,848,000,000 US dollars - **Operating profit (calculated)**: 1,600,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 1,600,000,000 US dollars - **Provision for income taxes**: 339,000,000 US dollars - **Net Income**: 1,271,000,000 US dollars - **Construction & Forestry (CF) - CANADA**: 222,000,000 US dollars - **Construction & Forestry (CF) - UNITED STATES**: 1,687,000,000 US dollars - **Construction & Forestry (CF) - Asia, Africa, Oceania, and Middle East**: 313,000,000 US dollars - **Construction & Forestry (CF) - Central Europe and CIS**: 103,000,000 US dollars - **Construction & Forestry (CF) - Western Europe**: 550,000,000 US dollars - **Construction & Forestry (CF) - Latin America**: 252,000,000 US dollars - **Production & Precision Ag (PPA) - CANADA**: 335,000,000 US dollars - **Production & Precision Ag (PPA) - UNITED STATES**: 1,684,000,000 US dollars - **Production & Precision Ag (PPA) - Asia, Africa, Oceania, and Middle East**: 332,000,000 US dollars - **Production & Precision Ag (PPA) - Central Europe and CIS**: 301,000,000 US dollars - **Production & Precision Ag (PPA) - Western Europe**: 677,000,000 US dollars - **Production & Precision Ag (PPA) - Latin America**: 1,055,000,000 US dollars - **Small Ag & Turf (SAT) - CANADA**: 148,000,000 US dollars - **Small Ag & Turf (SAT) - UNITED STATES**: 1,537,000,000 US dollars - **Small Ag & Turf (SAT) - Asia, Africa, Oceania, and Middle East**: 393,000,000 US dollars - **Small Ag & Turf (SAT) - Central Europe and CIS**: 130,000,000 US dollars - **Small Ag & Turf (SAT) - Western Europe**: 757,000,000 US dollars - **Small Ag & Turf (SAT) - Latin America**: 124,000,000 US dollars - **Undisclosed (calculated)**: 1,418,000,000 US dollars - **Cost of sales**: 7,570,000,000 US dollars - **Research and development expenses**: 556,000,000 US dollars - **Selling, administrative and general expenses**: 1,217,000,000 US dollars - **Interest expense**: 794,000,000 US dollars - **Other operating expenses**: 281,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 10,000,000 US dollars. Reported below-tax contribution to net income. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income. - Of which attributable to DEERE & CO: $1.29 B; to noncontrolling interests: −$18.00 M.