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

2025-11-03 to 2026-05-03

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DEERE & CO (DE) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2025-11-03 through 2026-05-03. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETConstruction & Forestry (CF) - UNITED STATESProduction & Precision Agriculture (PPA) - UNITED STATESFinancial Services (FS)Small Agriculture & Turf (SAT) - UNITED STATESProduction & Precision Agriculture (PPA) - Latin AmericaSmall Agriculture & Turf (SAT) - Western EuropeProduction & Precision Agriculture (PPA) - Western EuropeConstruction & Forestry (CF) - Western EuropeProduction & Precision Agriculture (PPA) - CANADASmall Agriculture & Turf (SAT) - Asia, Africa, Oceania, and Middle EastConstruction & Forestry (CF) - Asia, Africa, Oceania, and Middle EastProduction & Precision Agriculture (PPA) - Asia, Africa, Oceania, and Middle EastConstruction & Forestry (CF) - Latin AmericaProduction & Precision Agriculture (PPA) - Central Europe and CISConstruction & Forestry (CF) - CANADASmall Agriculture & Turf (SAT) - CANADASmall Agriculture & Turf (SAT) - Latin AmericaConstruction & Forestry (CF) - Central Europe and CISSmall Agriculture & Turf (SAT) - Central Europe and CISNet sales and revenuesRevenue before reconciliation (calculated)Components above reported revenue (calculated)Gross 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 affiliatesEquity in income (loss) of unconsolidated affiliatesEquity in income(loss) ofunconsolidated…$10.00 MRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$23.23 BIncome of Consolidated Group before Income TaxesIncome of ConsolidatedGroup beforeIncome Taxes$3.13 BGross profit (calculated)Gross profit(calculated)$8.43 BOperating profit (calculated)Operating profit(calculated)$3.13 BNet sales and revenuesNet sales and revenues$22.98 BNet IncomeNet Income$2.43 BConstruction & Forestry (CF) - UNITED STATESConstruction &Forestry (CF) -UNITED STATES$3.89 BOperating expenses (calculated)Operating expenses(calculated)$5.31 BProduction & Precision Agriculture (PPA) - UNITED STATESProduction & PrecisionAgriculture (PPA)- UNITED STATES$3.24 BProvision for income taxesProvision forincome taxes$714.00 MSelling, administrative and general expensesSelling, administrativeand general expenses$2.18 BCost of revenue (calculated)Cost of revenue(calculated)$14.55 BFinancial Services (FS)FinancialServices (FS)$3.00 BInterest expenseInterest expense$1.43 BSmall Agriculture & Turf (SAT) - UNITED STATESSmall Agriculture & Turf(SAT) - UNITED STATES$2.94 BResearch and development expensesResearch anddevelopment expenses$1.14 BCost of salesCost of sales$14.55 BProduction & Precision Agriculture (PPA) - Latin AmericaProduction & PrecisionAgriculture (PPA)- Latin America$1.51 BOther operating expensesOther operating expenses$556.00 MComponents above reported revenue (calculated)Components abovereported revenue(calculated)−$246.00 MSmall Agriculture & Turf (SAT) - Western EuropeSmall Agriculture & Turf(SAT) - Western Europe$1.31 BProduction & Precision Agriculture (PPA) - Western EuropeProduction & PrecisionAgriculture (PPA)- Western Europe$1.12 BConstruction & Forestry (CF) - Western EuropeConstruction &Forestry (CF) -Western Europe$1.03 BProduction & Precision Agriculture (PPA) - CANADAProduction &Precision Agriculture(PPA) - CANADA$885.00 MSmall Agriculture & Turf (SAT) - Asia, Africa, Oceania, and Middle EastSmall Agriculture &Turf (SAT) - Asia…$822.00 MConstruction & Forestry (CF) - Asia, Africa, Oceania, and Middle EastConstruction &Forestry (CF) - Asia…$657.00 MProduction & Precision Agriculture (PPA) - Asia, Africa, Oceania, and Middle EastProduction &Precision Agriculture(PPA) - Asia…$654.00 MConstruction & Forestry (CF) - Latin AmericaConstruction &Forestry (CF)- Latin America$511.00 MProduction & Precision Agriculture (PPA) - Central Europe and CISProduction & PrecisionAgriculture (PPA)- Central Europe…$469.00 MConstruction & Forestry (CF) - CANADAConstruction& Forestry(CF) - CANADA$311.00 MSmall Agriculture & Turf (SAT) - CANADASmall Agriculture &Turf (SAT) - CANADA$288.00 MSmall Agriculture & Turf (SAT) - Latin AmericaSmall Agriculture & Turf(SAT) - Latin America$223.00 MConstruction & Forestry (CF) - Central Europe and CISConstruction &Forestry (CF) -Central Europe…$181.00 MSmall Agriculture & Turf (SAT) - Central Europe and CISSmall Agriculture& Turf (SAT) -Central Europe…$181.00 M
Chart details

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

Income statement for 2025-11-03 through 2026-05-03. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales and revenues
22,981,000,000 US dollars
Cost of revenue (calculated)
14,547,000,000 US dollars
Gross profit (calculated)
8,434,000,000 US dollars
Operating expenses (calculated)
5,305,000,000 US dollars
Operating profit (calculated)
3,129,000,000 US dollars
Other income (expense), net (calculated)
0 US dollars
Income of Consolidated Group before Income Taxes
3,129,000,000 US dollars
Provision for income taxes
714,000,000 US dollars
Net Income
2,425,000,000 US dollars
Financial Services (FS)
2,997,000,000 US dollars
Construction & Forestry (CF) - CANADA
311,000,000 US dollars
Construction & Forestry (CF) - UNITED STATES
3,894,000,000 US dollars
Construction & Forestry (CF) - Asia, Africa, Oceania, and Middle East
657,000,000 US dollars
Construction & Forestry (CF) - Central Europe and CIS
181,000,000 US dollars
Construction & Forestry (CF) - Western Europe
1,034,000,000 US dollars
Construction & Forestry (CF) - Latin America
511,000,000 US dollars
Production & Precision Agriculture (PPA) - CANADA
885,000,000 US dollars
Production & Precision Agriculture (PPA) - UNITED STATES
3,238,000,000 US dollars
Production & Precision Agriculture (PPA) - Asia, Africa, Oceania, and Middle East
654,000,000 US dollars
Production & Precision Agriculture (PPA) - Central Europe and CIS
469,000,000 US dollars
Production & Precision Agriculture (PPA) - Western Europe
1,118,000,000 US dollars
Production & Precision Agriculture (PPA) - Latin America
1,512,000,000 US dollars
Small Agriculture & Turf (SAT) - CANADA
288,000,000 US dollars
Small Agriculture & Turf (SAT) - UNITED STATES
2,939,000,000 US dollars
Small Agriculture & Turf (SAT) - Asia, Africa, Oceania, and Middle East
822,000,000 US dollars
Small Agriculture & Turf (SAT) - Central Europe and CIS
181,000,000 US dollars
Small Agriculture & Turf (SAT) - Western Europe
1,313,000,000 US dollars
Small Agriculture & Turf (SAT) - Latin America
223,000,000 US dollars
Cost of sales
14,547,000,000 US dollars
Research and development expenses
1,137,000,000 US dollars
Selling, administrative and general expenses
2,181,000,000 US dollars
Interest expense
1,431,000,000 US dollars
Other operating expenses
556,000,000 US dollars
Revenue before reconciliation (calculated)
23,227,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Components above reported revenue (calculated)
negative 246,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.
Equity in income (loss) 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.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
  • Of which attributable to DEERE & CO: $2.43 B; to noncontrolling interests: −$4.00 M.
DEERE & CO (DE) FY2026 YTD Q2 Revenue by Business Segment by Geography Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

36.7%

Gross profit / revenue

Operating margin

13.6%

Operating profit / revenue

Cash conversion

43.0%

Operating cash / net income, same period

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