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

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

Income statement for 2025-11-03 through 2026-05-03. 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

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) - Revenue Recognized at a Point in Time

6,514,000,000 US dollars

Construction & Forestry (CF) - Revenue Recognized Over Time

74,000,000 US dollars

Production & Precision Agriculture (PPA) - Revenue Recognized at a Point in Time

7,666,000,000 US dollars

Production & Precision Agriculture (PPA) - Revenue Recognized Over Time

210,000,000 US dollars

Small Agriculture & Turf (SAT) - Revenue Recognized at a Point in Time

5,669,000,000 US dollars

Small Agriculture & Turf (SAT) - Revenue Recognized Over Time

97,000,000 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.