Deere & Company (DE) FY2025 10-K Annual Report

Filed: Dec 18, 2025
Industrials
Farm Machinery & EquipmentSEC EDGAR

Deere & Company (DE) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Dec 18, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Deere & Company FY2025 10-K Analysis

Business Overview

  • Core business: global producer of agricultural, turf, construction, and forestry equipment plus financial services financing related equipment and inputs
  • New emphasis on automation, autonomy, digitalization, lifecycle solutions, and Solutions as a Service (SaaS) in refined Leap Ambitions for 2030 growth
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Risk Factors

  • Regulatory risk: exposure to U.S. interest rate volatility with $150 million fair value impact from 10% rate change at Nov 2, 2025
  • Geopolitical risk: 10% U.S. dollar strengthening could reduce 2026 net cash inflows by ~$100 million due to global foreign currency exposures
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Deere & Company FY2025 Key Financial Metrics
XBRL

Revenue

$45.7B

-11.7% YoY

Net Income

$5.0B

-29.2% YoY

Net Margin

11.0%

-272bp YoY

ROE

19.4%

-1172bp YoY

Total Assets

$106.0B

-1.2% YoY

EPS (Diluted)

$18.50

-27.8% YoY

Operating Cash Flow

$7.5B

-19.2% YoY

Source: XBRL data from Deere & Company FY2025 10-K filing on SEC EDGAR. All figures in USD.

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