What trends are visible in DE's past five quarters?

Deere & Company (DE) has demonstrated a general upward trend in revenue and net income over the past five quarters, with some fluctuations. The following trends are visible:

1. **Growth in Revenue**: The company's revenue has increased from $11.14 billion in Q4 2024 to $15.41 billion in Q3 2023. This indicates a general upward trajectory in sales.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|DE|DE.N|Deere|2024 Q2|-12.377063323172486|1.5235E10|169|
|DE|DE.N|Deere|2024 Q3|-16.764761723941525|1.3152E10|169|
|DE|DE.N|Deere|2024 Q4|-27.699195432130807|1.1143E10|169|
|DE|DE.N|Deere|2025 Q1|-30.17644645055396|8.508E9|169|

2. **Stable Net Income**: Deere's net income has shown a more stable pattern, with figures of $1.24 billion in Q4 2024, $1.75 billion in Q1 2025, and $2.37 billion in Q2 2025. This suggests that the company has been able to maintain a consistent level of profitability.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|DE|DE.N|Deere|2024 Q2|-17.173837005946137|2.368E9|169|
|DE|DE.N|Deere|2024 Q3|-41.75639300134589|1.731E9|169|
|DE|DE.N|Deere|2024 Q4|-47.55067567567568|1.242E9|169|
|DE|DE.N|Deere|2025 Q1|-50.400457665903886|8.67E8|169|

3. **Declining Diluted EPS**: The Diluted Earnings Per Share (EPS) has decreased from $8.53 in Q4 2024 to $4.55 in Q3 2025. This could indicate a decrease in earnings per share over the period, which may be a concern for investors.

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|DE|DE.N|Deere|2024 Q1|-4.885496183206098|6.23|169|
|DE|DE.N|Deere|2024 Q2|-11.60621761658032|8.53|169|
|DE|DE.N|Deere|2024 Q3|-38.33333333333333|6.29|169|
|DE|DE.N|Deere|2024 Q4|-44.91525423728814|4.55|169|

4. **Machinery Industry Trends**: The Machinery industry, of which Deere is a part, has seen growth driven by factors such as increasing asset utilization and the adoption of repair and remanufacturing methods. Technavio's report suggests a CAGR of 18.54% from 2024 to 2028, which could positively impact Deere's performance if the company capitalizes on these trends.
5. **Market Transformation**: The industrial machinery remanufacturing market is growing, which could benefit Deere's business model if the company invests in this space. Additionally, the global packaging machinery market is also expected to grow, which may be relevant for Deere's product offerings.

In conclusion, Deere has shown a positive revenue trend with some stability in net income, but a decline in EPS. The company's performance is likely to be influenced by broader industry trends that are positive for machinery and equipment manufacturing.