Deere Q3 EPS Beats, Raises FY26 Net Income Guidance to $4.75–$5.0B
DE sits 36% above its 52-week low of $433.
Summary
Deere reported Q3 net income of $1.379 billion ($5.10 EPS), up 7% YoY, and raised FY26 net income guidance to $4.75–$5.00 billion.
Key Events · Earnings and Guidance · DE
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Q3 Net Income Up 7%
Net income attributable to Deere & Company was $1.379 billion, up from $1.289 billion in Q3 2025.
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Diluted EPS Beats Prior Year
Diluted EPS was $5.10, up from $4.75 in the year-ago quarter.
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FY26 Guidance Raised
Full-year net income guidance improved to $4.75–$5.00 billion, up from prior expectations.
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Segment Strength
Construction & Forestry operating profit rose 84% and Small Ag & Turf rose 28%, offsetting a 9% decline in Production & Precision Ag.
Analysis · DE · Technology
Deere delivered stronger-than-expected Q3 results with net income up 7% and EPS of $5.10, beating the prior-year quarter. Management raised full-year net income guidance to $4.75–$5.00 billion, signaling confidence that 2026 marks the bottom of the ag equipment cycle. Construction & Forestry and Small Ag & Turf segments drove the upside, offsetting weakness in large ag.
At the time of this filing, DE was trading at $589.50 on NYSE in the Technology sector, with a market capitalization of approximately $156.7B. The 52-week trading range was $433.00 to $674.19. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.