Deere & Co financials

Key figures from Deere & Co's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricAug 2026Jul 2025Change
Revenue$12.6B$12.0B+4.9%
Net income$1.4B$1.3B+7.0%
Free cash flow$1.9B$2.6B-25.2%
Gross margin
Operating margin
Net margin10.9%10.7%+0.2 pts

Quarterly trend

Revenue by quarter
$15.4BOct 2023*$12.2BJan 2024$15.2BApr 2024$13.2BJul 2024$11.1BOct 2024*$8.5BJan 2025$12.8BApr 2025$12.0BJul 2025$12.4BNov 2025*$9.6BFeb 2026$13.4BMay 2026$12.6BAug 2026
Net income by quarter
$2.4BOct 2023*$1.8BJan 2024$2.4BApr 2024$1.7BJul 2024$1.2BOct 2024*$869MJan 2025$1.8BApr 2025$1.3BJul 2025$1.1BNov 2025*$656MFeb 2026$1.8BMay 2026$1.4BAug 2026
Free cash flow by quarter
$5.1BOct 2023*-$1.3BJan 2024$1.5BApr 2024$2.9BJul 2024$4.5BOct 2024*-$1.5BJan 2025$1.5BApr 2025$2.6BJul 2025$3.5BNov 2025*-$1.1BFeb 2026$1.7BMay 2026$1.9BAug 2026
Margins by quarter
5%13%22%Oct 2023*Jan 2024Apr 2024Jul 2024Oct 2024*Jan 2025Apr 2025Jul 2025Nov 2025*Feb 2026May 2026Aug 202619.6%15.4%14.4%15.6%13.2%11.2%10.2%14.1%10.7%8.6%6.8%13.3%10.9%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Nov 2025$45.7B$5.0B11.0%$6.1B$18.50
FY Oct 2024$51.7B$7.1B13.7%$7.6B$25.62
FY Oct 2023$61.3B$10.2B16.6%$7.1B$34.63
FY Oct 2022$52.6B$7.1B13.6%$3.6B$23.28
FY Oct 2021$44.0B$6.0B13.5%$6.9B$18.99

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.