Deere Q3 FY26 net income rises 7% to $1.38 billion; net sales increase 6% to $11 billion
DE•Quarterly results
Deere posts Q3 net income of USD 1.38 billion, up 7%, with diluted EPS at USD 5.10.
Worldwide net sales and revenues rise 5% to USD 12.61 billion, while net sales increase 6% to USD 11.00 billion.
Fiscal 2026 outlook
Fiscal 2026 net income forecast was raised to USD 4.75 billion-USD 5.00 billion, with order trends signaling 2026 as the cycle bottom.
Segment performance
- Production & Precision Agriculture operating profit slips 9% to USD 527 million, with operating margin down 0.4 percentage points to 13.2%.
- Small Agriculture & Turf operating profit climbs 28% to USD 622 million.
- Construction & Forestry operating profit jumps 84% to USD 436 million.
