# Deere & Company 2026 fiscal performance > Live situation record from CLSTR: https://clstr.news/situations/deere-company-2026-fiscal-performance > Updated: 2026-08-23T03:00:00.000Z. Sources: 8. Developments: 2. 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. ## Timeline ### 2026-08-23: 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. 2 sources. https://clstr.news/cluster/john-deere-reports-1379-billion-third-quarter-net-profit ### 2026-08-20: 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. 6 sources. https://clstr.news/cluster/deere-company-reports-1379-billion-third-quarter-net-income --- Cite as: Deere & Company 2026 fiscal performance. CLSTR, https://clstr.news/situations/deere-company-2026-fiscal-performance