Deere & Company 2026 fiscal performance

Overview

Deere & Company reported third-quarter fiscal year 2026 results that exceeded analyst expectations, characterized by a five percent increase in global revenues to approximately $12.6 billion.

The company experienced divergent performance across its divisions. While the Production & Precision Agriculture segment saw a revenue decline of roughly six percent due to market pressure on large machinery, other sectors showed growth. Specifically, the Construction & Forestry segment saw an 18 percent revenue increase, and the Small Agriculture & Turf segment grew by 12 percent. In the compact machinery and lawn/turf care segment, operating profit rose by 28 percent to $622 million.

Following these results, Deere & Company raised its full-year net income guidance to a range between $4.75 billion and $5.00 billion. CEO John May suggested that 2026 may represent the bottom of the current agricultural equipment cycle, noting early order trends and increased technology adoption as indicators of a potential turnaround.

Entities

Deere & Company · Brazil · Europe · John C. May · United States

Timeline

1 day ago

[BUSINESS] 2 sources
John Deere reports $1.379 billion third-quarter net profit
Deere & Company reported a third-quarter net profit of $1.379 billion, driven by growth in compact machinery despite a decline in the large machinery segment.
4 days ago

[BUSINESS] 6 sources
Deere & Company raises 2026 profit forecast following strong third quarter
Deere & Company raised its 2026 net income forecast to up to $5 billion following strong third-quarter results, signaling that 2026 may be the bottom of the current agricultural equipment cycle.

Sources

agrarheute.com · agrarwelt.com · cashcow.nl · comunicarseweb.com · joroistenlehti.fi · mommygearest.com · pressreach.com · stocktitan.net