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Verified earnings summary

Research updated: Jul 12, 2026, 12:00 AM UTC

DE Q2 FY2026

Deere reported higher fiscal second-quarter 2026 worldwide sales and revenues while net income was slightly lower, with Small Agriculture and Construction & Forestry strength offsetting continued pressure in global agricultural markets.

This page provides a source-verified release summary. It does not display a normalized metric table or post-earnings market reaction until those fields are independently verified.

Constructive signals after the release

  • Autonomy, sensing and software can raise customer productivity and expand recurring technology revenue across Deere equipment.
  • Small Agriculture and Construction & Forestry can offset part of the downturn in large agricultural equipment.
  • Continued product and technology investment can support market-share gains and stronger earnings when farm conditions recover.

Risks that still need monitoring

  • Agricultural downcycle

    Lower farm income, crop prices and used-equipment values can suppress large-equipment demand and dealer orders.

  • Production and inventory alignment

    Failure to align production with retail demand can create excess dealer inventory, discounts and factory under-absorption.

  • Repair and regulatory litigation

    Right-to-repair litigation and regulatory actions could require business-practice changes and raise legal or compliance costs.

Primary sources

Deere Reports Second Quarter Net Income of $1.773 BillionDeere & Company · earningsVerified

Fetched: 7/12/2026, 12:00:00 AM UTC

Published: 5/28/2026, 12:00:00 AM

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Deere & Company Investor RelationsDeere & Company · companyVerified

Fetched: 7/12/2026, 12:00:00 AM UTC

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Form 10-Q for the Quarter Ended May 3, 2026Deere & Company · filingVerified

Fetched: 7/12/2026, 12:00:00 AM UTC

Published: 5/21/2026, 12:00:00 AM

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