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Deere Reports Q3 Earnings

Deere & Company reported net income of $1.379 billion for the third quarter ended August 2, 2026, or $5.10 per share, compared with net income of $1.289 billion, or $4.75 per share, for the quarter ended July 27, 2025. For the first nine months of the year, net income attributable to Deere & Company was $3.808 billion, or $14.06 per share, compared with $3.962 billion, or $14.57 per share, for the same period last year.

Worldwide net sales and revenues increased 5%, to $12.608 billion, for the third quarter of 2026 and rose 7%, to $35.589 billion, for nine months. Net sales were $10.999 billion for the quarter and $30.779 billion for nine months, compared with $10.357 billion and $28.338聽billion last year, respectively.

  • Disciplined execution drives stronger-than-expected results in a dynamic market.
  • Net income guidance improved to $4.75 billion to $5.00 billion.
  • Order book trends reinforce 2026 as the bottom of the ag equipment cycle.

鈥淒eere delivered a strong quarter, reflecting disciplined execution by our teams and continued resilience across our portfolio,鈥 said John C. May, chairman and chief executive officer. 鈥淥ur performance underscores the strength of our business, supported by stable U.S. market conditions, our ability to manage softer conditions in Brazil and Europe, and our commitment to helping customers succeed.鈥

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