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: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETNet SalesFinance and Interest IncomeOther IncomeNet sales and revenuesRevenue before reconciliation (calculated)Other IncomeGross 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 affiliatesRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$13.31 BIncome 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 BOperating expenses (calculated)Operating expenses(calculated)$2.81 BProvision for income taxesProvision forincome taxes$518.00 MNet SalesNet Sales$11.78 BSelling, administrative and general expensesSelling, administrativeand general expenses$1.21 BCost of revenue (calculated)Cost of revenue(calculated)$8.27 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 MFinance and Interest IncomeFinance and Interest Income$1.26 BCost of salesCost of sales$8.27 BOther IncomeOther Income$274.00 MOther operating expensesOther operating expenses$306.00 MOther IncomeOther Income$55.00 M
Chart details

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

Income statement for 2026-02-02 through 2026-05-03. View: Product and service (4 categories). 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
Net Sales
11,778,000,000 US dollars
Finance and Interest Income
1,262,000,000 US dollars
Other Income
274,000,000 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
Revenue before reconciliation (calculated)
13,314,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Other Income
55,000,000 US dollars. Reported reconciliation to consolidated revenue.
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.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
  • Of which attributable to DEERE & CO: $1.77 B; to noncontrolling interests: −$3.00 M.
DEERE & CO (DE) FY2026 Q2 Revenue by Product and Service (4 categories) 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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