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DE

Deere·NYSE
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DE fundamentals

Deere (DE) released its earnings on Feb 19, 2026: revenue was 8.00B (YoY +17.51%), beat estimates; EPS was 2.42 (YoY -24.14%), beat estimates.
Revenue / YoY
8.00B
+17.51%
EPS / YoY
2.42
-24.14%
Report date
Feb 19, 2026
DE Earnings Call Summary for Q1,2026
  • Revenue Growth: Q1 net sales up 13% to $9.611 billion, driven by 24% growth in Small Ag & Turf and 34% in Construction & Forestry.
  • Profitability: 5.9% operating margin, with Financial Services net income up 16% to $244 million.
  • Construction Outlook: 15% full-year net sales growth forecast, supported by U.S. infrastructure and new product launches.
  • Tariff Mitigation: $1.2 billion tariff impact offset by production cost efficiencies and price realization in key segments.
  • Used Inventory Progress: North American large ag used tractors down 10% year-over-year, with focus on reducing South American combines inventory.
EPS
Q2,undefined
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Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Q1,2026
Actual
1.632.112.572.393.875.685.324.122.926.816.167.446.559.6510.28.266.238.536.294.553.196.644.753.932.42
Forecast
1.26621.68521.26511.55412.17454.52134.56463.87172.26666.69266.65167.11215.54228.58738.21567.46165.23587.91225.67553.86913.11495.55724.57333.84332.0244
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+28.73%
+25.21%
+103.15%
+53.79%
+77.97%
+25.63%
+16.55%
+6.41%
+28.83%
+1.75%
-7.39%
+4.61%
+18.18%
+12.38%
+24.15%
+10.70%
+18.99%
+7.81%
+10.83%
+17.60%
+2.41%
+19.48%
+3.86%
+2.26%
+19.54%
Revenue
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Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Q1,2026
Actual
----------------------------6.53B8.22B7.86B8.66B8.05B11.00B10.41B10.28B8.53B12.03B13.00B14.35B11.40B16.08B14.28B13.80B10.49B13.61B11.39B9.28B6.81B11.17B10.36B10.58B8.00B
Forecast
----------------------------6.22B7.89B6.78B7.56B7.21B10.56B10.30B10.46B8.28B13.23B12.93B13.44B11.34B14.89B14.14B13.66B10.30B13.31B10.94B9.20B7.70B10.79B10.35B9.83B7.59B
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+4.91%
+4.27%
+16.00%
+14.47%
+11.64%
+4.10%
+1.09%
-1.76%
+3.08%
-9.05%
+0.56%
+6.76%
+0.58%
+7.97%
+1.00%
+1.06%
+1.77%
+2.29%
+4.13%
+0.82%
-11.57%
+3.55%
+0.06%
+7.58%
+5.45%

Earnings Call