Deere Posts 12.6% Margin, Warns of $1.2B Tariff Headwind
Deere & Company reported full-year 2025 operating margin of 12.6% and revenue of $12.39 billion, driven by automated farming equipment; it warned of up to $1.2 billion in 2026 tariff headwinds and will report Q1 results on Feb. 19. Atria Investments reduced its stake by 5.8%, selling 1,044 shares.
1. Full-Year 2025 Financial Performance
Deere & Company achieved $12.39 billion in revenue for full-year 2025, a 14% increase year-over-year, and reported an operating margin of 12.6%. The improvement reflects strong demand for its automated farming equipment and precision agriculture software.
2. Tariff Risks and Q1 Outlook
Management cautioned that up to $1.2 billion in tariffs could affect 2026 results, highlighting a key risk to profitability. Deere has set its Q1 2026 earnings release for February 19, when investors will assess whether guidance offsets tariff pressures.
3. Atria Investments Stake Reduction
Institutional investor Atria Investments sold 1,044 shares of Deere during the latest quarter, reducing its stake by 5.8% to 16,883 shares. The transaction suggests some portfolio rebalancing but represents a small fraction of Deere’s total shares outstanding.