Form 8-K · Current report
Deere & Company 8-K, filed Aug 20, 2026
- Filed
- CIK
- 0000315189
- Accession no.
- 0001104659-26-098904
Summary
Deere & Company reported third-quarter fiscal 2026 net income of $1.379 billion, or $5.10 per share, up from $1.289 billion, or $4.75 per share, a year earlier, on worldwide net sales and revenues that rose 5 percent to $12.608 billion, and raised its full-year net income guidance to $4.75 billion to $5.00 billion. Chairman and CEO John C. May said early order program trends, improving used-equipment inventories, and customer adoption of advanced technologies reinforce the company's view that 2026 marks the bottom of the current agricultural equipment cycle.
Key points
- Nine-month net income attributable to Deere was $3.808 billion, or $14.06 per share, down from $3.962 billion, or $14.57 per share, a year earlier, while nine-month net sales and revenues rose 7 percent to $35.589 billion.
- Small Agriculture & Turf net sales rose 12 percent to $3.383 billion with operating profit up 28 percent, and Construction & Forestry net sales rose 18 percent to $3.618 billion with operating profit up 84 percent.
- Production & Precision Agriculture net sales fell 6 percent to $3.998 billion and operating profit fell 9 percent to $527 million on lower shipment volumes.
- The company recorded tariff recoveries of $110 million in the quarter and $382 million in the first nine months of 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02Results of Operations and Financial Condition On Thursday, August 20, 2026, Deere & Company (the “Company”) issued a press release announcing its results of operations for the third quarter of fiscal year 2026. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. Item 7.01Regulation FD On Thursday, August 20, 2026, the Company made available a presentation providing a review of its third quarter of fiscal year 2026 in connection with its investor earnings call. A copy of the presentation is furnished herewith as Exhibit 99.2 and is incorporated herein by reference. …
An excerpt of the text as filed with the SEC, cut for length.
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