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Deere & Company DE Q1 2026 earnings

Reported February 19, 2026 · Before market open

Revenue estimate$7.6B
EPS estimate$2.02

Next report

Aug 20, 2026 (in a month)
Revenue estimate$10.8B
EPS estimate$4.72

Financials

Q1 2026

Income statement

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Revenue$9.6B+13.0%
Net income$656.0M-24.5%
EPS (diluted)$2.42-24.1%

Balance sheet

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Cash & equivalents$6.8B+3.0%
Total debt$56.5B-0.2%
Total equity$26.3B+17.0%
Total assets$103.44B+0.3%

Cash flow

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Operating cash flow-$890.0M+21.4%
CapEx$256.0M-27.3%
Free cash flow-$1.1B+22.8%

Valuation & ratios

Valuation

as of 02/01/26
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Market cap$170.7B+30.8%
Enterprise value$220.42B+22.1%
P/E35.5×+14.5×
P/S3.6×+0.9×

Profitability

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Net margin10.3%-2.7pp
FCF margin13.8%-1.6pp

Returns & leverage

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Return on equity19.7%-8.2pp
Debt / equity2.1×-0.4×

Segments

By product

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Production Agriculture$3.1B+3.0%
Small Agriculture$1.5B+23.7%
Construction Equipment$1.1B+44.3%
Roadbuilding$772.0M+29.5%
Turf$576.0M+24.4%

By segment

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Production And Precision Agriculture$3.3B+3.0%
Construction And Forestry$2.7B+32.8%
Small Agriculture And Turf$2.2B+23.1%
Financial Services$1.5B-5.4%

By geography

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Western Europe$1.4B+40.7%
Asia Africa Oceania And Middle East$1.0B+31.7%
Latin America$1.0B-4.9%
Central Europe And Commonwealth Of Independent States$310.0M+71.3%

Versus estimates

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Questions, answered.

When did Deere & Company report Q1 2026 earnings?
Deere & Company (DE) reported Q1 2026 earnings on February 19, 2026 before market open.
What were Deere & Company's Q1 2026 revenue and EPS?
Deere & Company reported revenue of $8.0B and diluted EPS of $2.42 for Q1 2026.
Did Deere & Company beat estimates in Q1 2026?
Revenue beat the consensus estimate of $7.6B by $413.4M. EPS beat the consensus estimate of $2.02 by $0.40.
How did Deere & Company's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 3.2% from $8.3B a year earlier and diluted EPS declined 24.1% from $3.19.
Where can I find Deere & Company's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001104659-26-017239) and the 10-Q periodic report (0001104659-26-020158) directly on SEC EDGAR. The filing index links above go to sec.gov.