# DEERE & CO (DE) FY2025 YTD Q3 P&L / Income Statement - Company: DEERE & CO (DE) - Period: 2024-10-28 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-ytd-q3-income-statement - Chart image: https://plicit.ai/charts/de-fy2025-ytd-q3-income-statement-sankey.png ## Chart details: Revenue by Product and Service (7 categories) Income statement for 2024-10-28 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**: 33,290,000,000 US dollars - **Cost of revenue (calculated)**: 20,215,000,000 US dollars - **Gross profit (calculated)**: 13,075,000,000 US dollars - **Operating expenses (calculated)**: 8,243,000,000 US dollars - **Operating profit (calculated)**: 4,832,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 4,832,000,000 US dollars - **Provision for income taxes**: 905,000,000 US dollars - **Net Income**: 3,938,000,000 US dollars - **Production Agriculture**: 12,321,000,000 US dollars - **Small Agriculture**: 5,387,000,000 US dollars - **Turf**: 2,180,000,000 US dollars - **Construction**: 3,159,000,000 US dollars - **Compact Construction**: 1,358,000,000 US dollars - **Roadbuilding**: 2,558,000,000 US dollars - **Forestry**: 772,000,000 US dollars - **Undisclosed (calculated)**: 5,555,000,000 US dollars - **Cost of sales**: 20,215,000,000 US dollars - **Research and development expenses**: 1,631,000,000 US dollars - **Selling, administrative and general expenses**: 3,387,000,000 US dollars - **Interest expense**: 2,408,000,000 US dollars - **Other operating expenses**: 817,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 11,000,000 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: $3.96 B; to noncontrolling interests: −$24.00 M. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/de/fy2025-ytd-q3-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/de-fy2025-ytd-q3-revenue-by-geography-sankey.png Income statement for 2024-10-28 through 2025-07-27. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales and revenues**: 33,290,000,000 US dollars - **Cost of revenue (calculated)**: 20,215,000,000 US dollars - **Gross profit (calculated)**: 13,075,000,000 US dollars - **Operating expenses (calculated)**: 8,243,000,000 US dollars - **Operating profit (calculated)**: 4,832,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 4,832,000,000 US dollars - **Provision for income taxes**: 905,000,000 US dollars - **Net Income**: 3,938,000,000 US dollars - **UNITED STATES**: 17,638,000,000 US dollars - **CANADA**: 2,805,000,000 US dollars - **Western Europe**: 4,865,000,000 US dollars - **Central Europe and CIS**: 1,145,000,000 US dollars - **Latin America**: 3,927,000,000 US dollars - **Asia, Africa, Oceania, and Middle East**: 2,910,000,000 US dollars - **Cost of sales**: 20,215,000,000 US dollars - **Research and development expenses**: 1,631,000,000 US dollars - **Selling, administrative and general expenses**: 3,387,000,000 US dollars - **Interest expense**: 2,408,000,000 US dollars - **Other operating expenses**: 817,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 11,000,000 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: $3.96 B; to noncontrolling interests: −$24.00 M. ## Chart details: Revenue by Timing of Transfer - Page: https://plicit.ai/financials/de/fy2025-ytd-q3-income-statement/revenue-by-timing-of-transfer - Chart image: https://plicit.ai/charts/de-fy2025-ytd-q3-revenue-by-timing-of-transfer-sankey.png Income statement for 2024-10-28 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**: 33,290,000,000 US dollars - **Cost of revenue (calculated)**: 20,215,000,000 US dollars - **Gross profit (calculated)**: 13,075,000,000 US dollars - **Operating expenses (calculated)**: 8,243,000,000 US dollars - **Operating profit (calculated)**: 4,832,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 4,832,000,000 US dollars - **Provision for income taxes**: 905,000,000 US dollars - **Net Income**: 3,938,000,000 US dollars - **Revenue Recognized at a Point in Time**: 28,543,000,000 US dollars - **Revenue Recognized Over Time**: 4,747,000,000 US dollars - **Cost of sales**: 20,215,000,000 US dollars - **Research and development expenses**: 1,631,000,000 US dollars - **Selling, administrative and general expenses**: 3,387,000,000 US dollars - **Interest expense**: 2,408,000,000 US dollars - **Other operating expenses**: 817,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 11,000,000 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: $3.96 B; to noncontrolling interests: −$24.00 M. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/de/fy2025-ytd-q3-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/de-fy2025-ytd-q3-revenue-by-business-segment-sankey.png Income statement for 2024-10-28 through 2025-07-27. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales and revenues**: 33,290,000,000 US dollars - **Cost of revenue (calculated)**: 20,215,000,000 US dollars - **Gross profit (calculated)**: 13,075,000,000 US dollars - **Operating expenses (calculated)**: 8,243,000,000 US dollars - **Operating profit (calculated)**: 4,832,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 4,832,000,000 US dollars - **Provision for income taxes**: 905,000,000 US dollars - **Net Income**: 3,938,000,000 US dollars - **Production & Precision Ag (PPA)**: 12,884,000,000 US dollars - **Small Ag & Turf (SAT)**: 7,942,000,000 US dollars - **Construction & Forestry (CF)**: 8,191,000,000 US dollars - **Undisclosed (calculated)**: 4,273,000,000 US dollars - **Cost of sales**: 20,215,000,000 US dollars - **Research and development expenses**: 1,631,000,000 US dollars - **Selling, administrative and general expenses**: 3,387,000,000 US dollars - **Interest expense**: 2,408,000,000 US dollars - **Other operating expenses**: 817,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 11,000,000 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: $3.96 B; to noncontrolling interests: −$24.00 M. ## Chart details: Revenue by Business Segment by Timing of Transfer - Page: https://plicit.ai/financials/de/fy2025-ytd-q3-income-statement/revenue-by-business-segment-by-timing-of-transfer - Chart image: https://plicit.ai/charts/de-fy2025-ytd-q3-revenue-by-business-segment-by-timing-of-transfer-sankey.png Income statement for 2024-10-28 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**: 33,290,000,000 US dollars - **Cost of revenue (calculated)**: 20,215,000,000 US dollars - **Gross profit (calculated)**: 13,075,000,000 US dollars - **Operating expenses (calculated)**: 8,243,000,000 US dollars - **Operating profit (calculated)**: 4,832,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 4,832,000,000 US dollars - **Provision for income taxes**: 905,000,000 US dollars - **Net Income**: 3,938,000,000 US dollars - **Construction & Forestry (CF) - Revenue Recognized at a Point in Time**: 8,080,000,000 US dollars - **Construction & Forestry (CF) - Revenue Recognized Over Time**: 111,000,000 US dollars - **Production & Precision Ag (PPA) - Revenue Recognized at a Point in Time**: 12,575,000,000 US dollars - **Production & Precision Ag (PPA) - Revenue Recognized Over Time**: 309,000,000 US dollars - **Small Ag & Turf (SAT) - Revenue Recognized at a Point in Time**: 7,789,000,000 US dollars - **Small Ag & Turf (SAT) - Revenue Recognized Over Time**: 153,000,000 US dollars - **Undisclosed (calculated)**: 4,273,000,000 US dollars - **Cost of sales**: 20,215,000,000 US dollars - **Research and development expenses**: 1,631,000,000 US dollars - **Selling, administrative and general expenses**: 3,387,000,000 US dollars - **Interest expense**: 2,408,000,000 US dollars - **Other operating expenses**: 817,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 11,000,000 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: $3.96 B; to noncontrolling interests: −$24.00 M. ## Chart details: Revenue by Business Segment by Product and Service - Page: https://plicit.ai/financials/de/fy2025-ytd-q3-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/de-fy2025-ytd-q3-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-10-28 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**: 33,290,000,000 US dollars - **Cost of revenue (calculated)**: 20,215,000,000 US dollars - **Gross profit (calculated)**: 13,075,000,000 US dollars - **Operating expenses (calculated)**: 8,243,000,000 US dollars - **Operating profit (calculated)**: 4,832,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 4,832,000,000 US dollars - **Provision for income taxes**: 905,000,000 US dollars - **Net Income**: 3,938,000,000 US dollars - **Construction & Forestry (CF) - Compact Construction**: 1,358,000,000 US dollars - **Construction & Forestry (CF) - Construction**: 3,159,000,000 US dollars - **Construction & Forestry (CF) - Forestry**: 772,000,000 US dollars - **Construction & Forestry (CF) - Roadbuilding**: 2,558,000,000 US dollars - **Production & Precision Ag (PPA) - Production Agriculture**: 12,321,000,000 US dollars - **Small Ag & Turf (SAT) - Small Agriculture**: 5,387,000,000 US dollars - **Small Ag & Turf (SAT) - Turf**: 2,180,000,000 US dollars - **Undisclosed (calculated)**: 5,555,000,000 US dollars - **Cost of sales**: 20,215,000,000 US dollars - **Research and development expenses**: 1,631,000,000 US dollars - **Selling, administrative and general expenses**: 3,387,000,000 US dollars - **Interest expense**: 2,408,000,000 US dollars - **Other operating expenses**: 817,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 11,000,000 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: $3.96 B; to noncontrolling interests: −$24.00 M. ## Chart details: Revenue by Product and Service (3 categories) - Page: https://plicit.ai/financials/de/fy2025-ytd-q3-income-statement/revenue-by-product-and-service-3-categories - Chart image: https://plicit.ai/charts/de-fy2025-ytd-q3-revenue-by-product-and-service-3-categories-sankey.png Income statement for 2024-10-28 through 2025-07-27. View: Product and service (3 categories). Revenue and costs use their disclosed categories. - **Net sales and revenues**: 33,290,000,000 US dollars - **Cost of revenue (calculated)**: 20,215,000,000 US dollars - **Gross profit (calculated)**: 13,075,000,000 US dollars - **Operating expenses (calculated)**: 8,243,000,000 US dollars - **Operating profit (calculated)**: 4,832,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 4,832,000,000 US dollars - **Provision for income taxes**: 905,000,000 US dollars - **Net Income**: 3,938,000,000 US dollars - **Net Sales revenue**: 28,338,000,000 US dollars - **Finance and Interest Income**: 4,233,000,000 US dollars - **Other Income**: 719,000,000 US dollars - **Net Sales cost of revenue**: 20,215,000,000 US dollars - **Research and development expenses**: 1,631,000,000 US dollars - **Selling, administrative and general expenses**: 3,387,000,000 US dollars - **Interest expense**: 2,408,000,000 US dollars - **Other operating expenses**: 817,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 11,000,000 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: $3.96 B; to noncontrolling interests: −$24.00 M. ## Chart details: Revenue by Business Segment by Geography - Page: https://plicit.ai/financials/de/fy2025-ytd-q3-income-statement/revenue-by-business-segment-by-geography - Chart image: https://plicit.ai/charts/de-fy2025-ytd-q3-revenue-by-business-segment-by-geography-sankey.png Income statement for 2024-10-28 through 2025-07-27. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Net sales and revenues**: 33,290,000,000 US dollars - **Cost of revenue (calculated)**: 20,215,000,000 US dollars - **Gross profit (calculated)**: 13,075,000,000 US dollars - **Operating expenses (calculated)**: 8,243,000,000 US dollars - **Operating profit (calculated)**: 4,832,000,000 US dollars - **Other income (expense), net (calculated)**: 0 US dollars - **Income of Consolidated Group before Income Taxes**: 4,832,000,000 US dollars - **Provision for income taxes**: 905,000,000 US dollars - **Net Income**: 3,938,000,000 US dollars - **Construction & Forestry (CF) - CANADA**: 531,000,000 US dollars - **Construction & Forestry (CF) - UNITED STATES**: 4,517,000,000 US dollars - **Construction & Forestry (CF) - Asia, Africa, Oceania, and Middle East**: 814,000,000 US dollars - **Construction & Forestry (CF) - Central Europe and CIS**: 261,000,000 US dollars - **Construction & Forestry (CF) - Western Europe**: 1,391,000,000 US dollars - **Construction & Forestry (CF) - Latin America**: 677,000,000 US dollars - **Production & Precision Ag (PPA) - CANADA**: 1,345,000,000 US dollars - **Production & Precision Ag (PPA) - UNITED STATES**: 5,752,000,000 US dollars - **Production & Precision Ag (PPA) - Asia, Africa, Oceania, and Middle East**: 849,000,000 US dollars - **Production & Precision Ag (PPA) - Central Europe and CIS**: 607,000,000 US dollars - **Production & Precision Ag (PPA) - Western Europe**: 1,566,000,000 US dollars - **Production & Precision Ag (PPA) - Latin America**: 2,765,000,000 US dollars - **Small Ag & Turf (SAT) - CANADA**: 380,000,000 US dollars - **Small Ag & Turf (SAT) - UNITED STATES**: 4,112,000,000 US dollars - **Small Ag & Turf (SAT) - Asia, Africa, Oceania, and Middle East**: 1,086,000,000 US dollars - **Small Ag & Turf (SAT) - Central Europe and CIS**: 268,000,000 US dollars - **Small Ag & Turf (SAT) - Western Europe**: 1,776,000,000 US dollars - **Small Ag & Turf (SAT) - Latin America**: 320,000,000 US dollars - **Undisclosed (calculated)**: 4,273,000,000 US dollars - **Cost of sales**: 20,215,000,000 US dollars - **Research and development expenses**: 1,631,000,000 US dollars - **Selling, administrative and general expenses**: 3,387,000,000 US dollars - **Interest expense**: 2,408,000,000 US dollars - **Other operating expenses**: 817,000,000 US dollars - **Equity in income of unconsolidated affiliates**: 11,000,000 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: $3.96 B; to noncontrolling interests: −$24.00 M.