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Deere & Company DE Financial Service — Revenue

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Other financials

Income statement

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Revenue$13.4B+4.7%
Net income$1.8B-1.7%
EPS (diluted)$6.55-1.4%

Balance sheet

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Cash & equivalents$7.9B-1.1%
Total debt$58.2B-1.4%
Total equity$27.4B+12.8%
Total assets$107.00B+0.7%

Cash flow

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Operating cash flow$1.9B+13.6%
CapEx$195.0M-3.9%
Free cash flow$1.7B+16.0%

Valuation

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Market cap$165.2B+19.7%
Enterprise value$215.53B+14.0%
P/E34.5×+10.1×
P/S3.5×+0.5×

Profitability

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Gross margin31.4%
Net margin10.1%-2.3pp
FCF margin14.1%-2.1pp

Returns & leverage

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Return on equity18.5%-5.6pp
Debt / equity2.1×-0.3×

Where this comes from

Reported directly by Deere & Company in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Deere & Company’s 10-Q, filed May 28, 2026.

Filed
May 28, 2026, 10:21 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-067311
Line itemThree Months Ended / 2026Three Months Ended / 2025Six Months Ended / 2026Six Months Ended / 2025
Net Sales and Revenues
Net sales$11,778$11,171$19,779$17,980
Finance and interest income1,3141,3542,6582,807
Other income277238544485
Total13,36912,76322,98121,272
Costs and Expenses
Cost of sales8,2667,60914,54712,646
Research and development expenses5835491,1371,075

Item 1.FINANCIAL STATEMENTS

FAQ

What is Deere & Company's financial service — revenue?
Deere & Company (DE) reported financial service — revenue of $1.31B in Q1 2026.
How has Deere & Company's financial service — revenue changed year-over-year?
Deere & Company's financial service — revenue decreased by 3.0% year-over-year, from $1.35B to $1.31B.
What is the long-term trend for Deere & Company's financial service — revenue?
Over 4 years (2021 to 2025), Deere & Company's financial service — revenue has grown at a 14.9% compound annual growth rate (CAGR), from $3.3B to $5.75B.
What does financial service — revenue mean?
This metric represents the total revenue generated by the company's captive finance division, primarily through interest income, financing fees, and lease income. It reflects the financial support provided to customers and dealers to facilitate the purchase and usage of the company's heavy equipment. This segment is critical for driving equipment sales by providing tailored credit solutions and managing the lifecycle of equipment financing.

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