How did Deere's revenue and expenses trend in Q1 2025 compared to previous quarters?

Deere's revenue and expenses in Q1 2025 showed a significant decrease in expenses and a slight increase in revenue compared to the previous quarter, Q1 2024.

1. **Comparison of Expenses**:
- The total expenses in Q1 2025 were $8.51 billion.
- The total expenses in Q1 2024 were $12.19 billion.
- This indicates a decrease in expenses from Q1 2024 to Q1 2025, with the expenses in Q1 2025 being approximately 30% less than in Q1 2024.
2. **Comparison of Revenue**:
- The total revenue in Q1 2025 was $12.65 billion.
- The total revenue in Q1 2024 was $12.65 billion.
- There is a slight increase in revenue from Q1 2024 to Q1 2025, with the revenue in Q1 2025 being slightly higher than in Q1 2024.

|code|Ticker|Name|Date|Total Revenue (FY)|Total Expenses (FY)|market_code|
|---|---|---|---|---|---|---|
|DE|DE.N|Deere|2022|5.2577E10||169|
|DE|DE.N|Deere|2023|6.1251E10||169|
|DE|DE.N|Deere|2024|5.1716E10||169|