Deere Reports Higher Third-Quarter Profit and Raises 2026 Guidance
Filed with the SEC on · Summarized by InvestorsBot
Deere reported third-quarter fiscal 2026 net income of $1.379 billion, or $5.10 per diluted share, up from $1.289 billion, or $4.75 per share, a year earlier; worldwide sales and revenues rose 5% to $12.608 billion for the quarter ended August 2, 2026. The company forecast fiscal 2026 net income of $4.75 billion to $5.00 billion, while segment results showed lower Production & Precision Agriculture sales and profit but stronger Small Agriculture & Turf and Construction & Forestry performance; Deere also recorded $110 million in third-quarter tariff recoveries.