Skip to content
Business Segments · Interest Expense Operating

Financial Services — Interest Expense Operating

Deere & Company Financial Services — Interest Expense Operating decreased by 2.3% to $649M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.0%, from $721M to $649M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ2 2026May 28, 2026
Rolls up toInterest Expense

How to read this metric

An increase suggests higher funding costs or increased debt levels, which can compress net interest margins if not offset by higher interest income.

Detailed definition

This metric captures the costs incurred by the financial services segment to fund its lending and leasing activities, pr...

Peer comparison

Comparable to interest expense for financial subsidiaries of industrial conglomerates.

Metric ID: de_segment_financial_services_interest_expense_operating

Historical Data

12 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26Q2 '26
Value$590.5M$590.5M$590.5M$590.5M$795.5M$795.5M$795.5M$795.5M$766M$721M$664M$649M
QoQ Change+0.0%+0.0%+0.0%+34.7%+0.0%+0.0%+0.0%-3.7%-5.9%-7.9%-2.3%
YoY Change+34.7%+34.7%+34.7%+34.7%-3.7%-9.4%-13.3%-10.0%
Range$590.5M$795.5M
CAGR+3.5%
Avg YoY Growth+12.8%
Median YoY Growth+15.5%
Current Streak4 quarters decline

Frequently Asked Questions

What is Deere & Company's financial services — interest expense operating?
Deere & Company (DE) reported financial services — interest expense operating of $649M in Q1 2026.
How has Deere & Company's financial services — interest expense operating changed year-over-year?
Deere & Company's financial services — interest expense operating decreased by 10.0% year-over-year, from $721M to $649M.
What does financial services — interest expense operating mean?
The cost of interest paid on debt used to fund the company's financial services operations.