DEERE & CO (DE) FY2026 Q2 P&L / Income Statement

2026-02-02 to 2026-05-03

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DEERE & CO (DE) FY2026 Q2 P&L / Income StatementIncome statement for 2026-02-02 through 2026-05-03. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETProduction & Precision Agriculture (PPA) - Production AgricultureSmall Agriculture & Turf (SAT) - Small AgricultureConstruction & Forestry (CF) - ConstructionFinancial Services (FS)Construction & Forestry (CF) - RoadbuildingSmall Agriculture & Turf (SAT) - TurfConstruction & Forestry (CF) - Compact ConstructionUndisclosed (calculated)Construction & Forestry (CF) - ForestryNet sales and revenuesGross profit (calculated)Cost of revenue (calculated)Cost of salesOperating profit (calculated)Operating expenses (calculated)Selling, administrative and general expensesInterest expenseResearch and development expensesOther operating expensesIncome of Consolidated Group before Income TaxesNet IncomeProvision for income taxesEquity in income (loss) of unconsolidated affiliatesIncome of Consolidated Group before Income TaxesIncome of ConsolidatedGroup beforeIncome Taxes$2.29 BGross profit (calculated)Gross profit(calculated)$5.10 BOperating profit (calculated)Operating profit(calculated)$2.29 BNet sales and revenuesNet sales and revenues$13.37 BNet IncomeNet Income$1.77 BProduction & Precision Agriculture (PPA) - Production AgricultureProduction & Precision Agriculture(PPA) - Production Agriculture$4.40 BOperating expenses (calculated)Operating expenses(calculated)$2.81 BProvision for income taxesProvision forincome taxes$518.00 MSmall Agriculture & Turf (SAT) - Small AgricultureSmall Agriculture & Turf(SAT) - Small Agriculture$2.34 BSelling, administrative and general expensesSelling, administrativeand general expenses$1.21 BCost of revenue (calculated)Cost of revenue(calculated)$8.27 BConstruction & Forestry (CF) - ConstructionConstruction & Forestry(CF) - Construction$1.51 BInterest expenseInterest expense$712.00 MEquity in income (loss) of unconsolidated affiliatesEquity in income(loss) ofunconsolidated…−$5.00 MResearch and development expensesResearch anddevelopment expenses$583.00 MFinancial Services (FS)Financial Services (FS)$1.51 BConstruction & Forestry (CF) - RoadbuildingConstruction & Forestry(CF) - Roadbuilding$1.27 BCost of salesCost of sales$8.27 BOther operating expensesOther operating expenses$306.00 MSmall Agriculture & Turf (SAT) - TurfSmall Agriculture & Turf (SAT) - Turf$1.06 BConstruction & Forestry (CF) - Compact ConstructionConstruction & Forestry(CF) - Compact Construction$653.00 MUndisclosed (calculated)Undisclosed (calculated)$324.00 MConstruction & Forestry (CF) - ForestryConstruction & Forestry(CF) - Forestry$294.00 M
Chart details

DEERE & CO (DE) FY2026 Q2 P&L / Income Statement

Income statement for 2026-02-02 through 2026-05-03. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales and revenues
13,369,000,000 US dollars
Cost of revenue (calculated)
8,266,000,000 US dollars
Gross profit (calculated)
5,103,000,000 US dollars
Operating expenses (calculated)
2,810,000,000 US dollars
Operating profit (calculated)
2,293,000,000 US dollars
Other income (expense), net (calculated)
0 US dollars
Income of Consolidated Group before Income Taxes
2,293,000,000 US dollars
Provision for income taxes
518,000,000 US dollars
Net Income
1,770,000,000 US dollars
Financial Services (FS)
1,509,000,000 US dollars
Construction & Forestry (CF) - Compact Construction
653,000,000 US dollars
Construction & Forestry (CF) - Construction
1,514,000,000 US dollars
Construction & Forestry (CF) - Forestry
294,000,000 US dollars
Construction & Forestry (CF) - Roadbuilding
1,270,000,000 US dollars
Production & Precision Agriculture (PPA) - Production Agriculture
4,403,000,000 US dollars
Small Agriculture & Turf (SAT) - Small Agriculture
2,339,000,000 US dollars
Small Agriculture & Turf (SAT) - Turf
1,063,000,000 US dollars
Undisclosed (calculated)
324,000,000 US dollars
Cost of sales
8,266,000,000 US dollars
Research and development expenses
583,000,000 US dollars
Selling, administrative and general expenses
1,209,000,000 US dollars
Interest expense
712,000,000 US dollars
Other operating expenses
306,000,000 US dollars
Equity in income (loss) of unconsolidated affiliates
negative 5,000,000 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: $1.77 B; to noncontrolling interests: −$3.00 M.
DEERE & CO (DE) FY2026 Q2 Revenue by Business Segment by Product and Service Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

38.2%

Gross profit / revenue

Operating margin

17.2%

Operating profit / revenue

Cash conversion

109.2%

Operating cash / net income, same period

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