Loading...
•
Jul 27, 2025
Deere Q3 2025 Earnings Report
Deere reported a decline in Q3 performance with lower net income and sales across major segments.
Key Takeaways
Deere faced a challenging Q3 FY25, with net income falling to $1.289 billion and total revenue down 9% year-over-year. Despite headwinds, proactive inventory management and growth in Financial Services provided some resilience.
Net income fell to $1.289 billion from $1.734 billion last year.
Revenue declined 9% YoY to $12.018 billion.
Production & Precision Ag and Construction & Forestry saw steep operating margin drops.
Financial Services net income rose due to lower credit loss provisions.
Revenue by Segment
Forward Guidance
Deere narrowed its full-year net income outlook to $4.75–$5.25 billion amid ongoing market uncertainty.
Positive Outlook
- Improved inventory alignment with market demand.
- Financial Services showed income growth.
- Productivity boosted by automation technologies.
- Healthy cash and liquidity position.
- Disciplined cost management efforts.
Challenges Ahead
- Ongoing caution among customers.
- High levels of used equipment in the market.
- Operating margins declined significantly YoY.
- Revenue down across all key segments.
- Persistent macroeconomic uncertainty impacting demand.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...