DEERE & CO (DE) FY2026 Q1 P&L / Income Statement

DEERE & CO (DE) FY2026 Q1 P&L / Income Statement

Income statement for 2025-11-03 through 2026-02-01. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales and revenues

9,611,000,000 US dollars

Cost of revenue (calculated)

6,280,000,000 US dollars

Gross profit (calculated)

3,331,000,000 US dollars

Operating expenses (calculated)

2,495,000,000 US dollars

Operating profit (calculated)

836,000,000 US dollars

Other income (expense), net (calculated)

0 US dollars

Income of Consolidated Group before Income Taxes

836,000,000 US dollars

Provision for income taxes

196,000,000 US dollars

Net Income

655,000,000 US dollars

Production & Precision Agriculture (PPA)

3,269,000,000 US dollars

Small Agriculture & Turf (SAT)

2,224,000,000 US dollars

Construction & Forestry (CF)

2,734,000,000 US dollars

Undisclosed (calculated)

1,384,000,000 US dollars

Cost of sales

6,280,000,000 US dollars

Research and development expenses

554,000,000 US dollars

Selling, administrative and general expenses

972,000,000 US dollars

Interest expense

719,000,000 US dollars

Other operating expenses

250,000,000 US dollars

Equity in income (loss) of unconsolidated affiliates

15,000,000 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: $656.00 M; to noncontrolling interests: −$1.00 M.