10-Q quarterly report · filed May 28, 2026

Deere & Company (DE) Q2 2026 10-Q Quarterly Report

Short answer

Deere & Company (DE) filed its Q2 2026 10-Q quarterly report on May 28, 2026 for the quarter ended May 3, 2026. Quarterly revenue was $13.4B (up 4.7% year over year) with net income of $1.8B.

Q2 2026 key financials · XBRL

Revenue
$13.4B
+4.7% YoY · +39.1% QoQ
Net income
$1.8B
−1.7% YoY · +170.3% QoQ
EPS (diluted)
$6.55
−1.2% YoY · +170.7% QoQ

Source: XBRL data from the Deere & Company (DE) Q2 2026 10-Q on SEC EDGAR. USD.

Deere & Company Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $13,369M, up 5% YoY from $12,763M
  • Cost-of-sales margin 29.8% vs 31.9% YoY, based on cost ratios of 70.2% vs 68.1%
  • Best segment CF: sales $3,790M, up 29%; operating margin 14.8% vs 12.9% YoY
  • Worst segment PPA: sales $4,503M, down 14%; operating margin 15.7% vs 22.0% YoY
  • Operating cash flow $1,042M vs $568M; cash decreased $398M; shareholder returns $1,378M
  • 2026 outlook: net sales expected higher; PPA subdued, SAT and CF improving; tariff costs $372M with $272M refund claim accepted

Risk Factors

  • No material risk-factor changes identified; 10-Q refers to the most recent Form 10-K
  • New 364-day credit agreement dated March 23, 2026, creating updated financing-documentation exposure
  • $7.4 billion remaining under the $18.0 billion share-repurchase authorization

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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