Loading...
•
Nov 02, 2025
Deere Q4 2025 Earnings Report
Deere & Company reported a decrease in net income and EPS for the fourth quarter of 2025 compared to the previous year, despite an increase in net sales and revenues.
Key Takeaways
Deere & Company's fourth quarter of 2025 saw a net income of $1.065 billion, or $3.93 per share, a decrease from $1.245 billion, or $4.55 per share, in the prior year. However, net sales and revenues increased by 11% to $12.394 billion. The company highlighted resilient performance amidst difficult market conditions and an improved outlook for small agriculture, construction, and forestry, while large agriculture remains subdued.
Net income for Q4 2025 was $1.065 billion, down 14% from $1.245 billion in Q4 2024.
Diluted EPS for Q4 2025 was $3.93, a decrease from $4.55 in Q4 2024.
Net sales and revenues increased by 11% to $12.394 billion in Q4 2025.
The company projects full-year 2026 earnings to be between $4.00 billion and $4.75 billion.
Revenue by Segment
Forward Guidance
Deere & Company forecasts net income for fiscal year 2026 to be in the range of $4.00 billion to $4.75 billion, anticipating the bottom of the large agriculture cycle.
Positive Outlook
- Outlook for small ag and construction and forestry improves.
- Commitment to inventory management and cost control.
- Expected growth in small agriculture & turf.
- Expected growth in construction & forestry.
- Positioned to seize emerging opportunities as market conditions recover.
Challenges Ahead
- Large ag market remains subdued.
- Ongoing margin pressures from tariffs.
- Persistent challenges in the large ag sector.
- Uncertainty of the company's ability to sell products domestically or internationally.
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...