Industrials ยท Statements and segments from its SEC filings, 2007 to 2025.
Deere revenue, gross and operating margin, net income, free cash flow, cash and debt by quarter and by fiscal year, and revenue by segment, read from the company's own filings with the US Securities and Exchange Commission. Free to everyone; the Risk & Quality report that scores the company is the paid step.
revenue by segment: Production & Precision Agriculture (PPA), Construction & Forestry (CF), Small Agriculture & Turf (SAT), Financial Services (FS), Agriculture and Turf, Other / unallocated
revenue by product: Net Sales, Finance and Interest Income, Other Income, Equipment Operations, Financial Services
revenue by region: United States, Western Europe, Latin America, Asia, Africa, Oceania, and Middle East, Canada, Central Europe and CIS, U.S. and Canada:, Outside U.S. and Canada:, Asia, Africa, Australia, New Zealand, and Middle East, Other / unallocated
operating income by segment: Production & Precision Agriculture (PPA), Small Agriculture & Turf (SAT), Financial Services (FS), Construction & Forestry (CF), Agriculture and Turf
The numbers
Annual figures
Line
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$26.6B
$29.7B
$37.4B
$39.3B
$35.5B
$44B
$52.6B
$61.3B
$51.7B
$45.7B
Gross profit
$8.4B*
$9.8B*
-
-
-
-
-
-
-
-
Operating income
$2.6B
$3.6B
$4.5B
$4.4B
$4.3B
$8B
$9.5B
$13B
$9B
-
Net income
$1.5B
$2.2B
$2.4B
$3.3B
$2.8B
$6B
$7.1B
$10.2B
$7.1B
$5B
EPS (diluted)
$4.81
$6.68
$7.24
$10.15
$8.69
$18.99
$23.28
$34.63
$25.62
$18.50
Operating cash flow
$3.8B
$2.2B
$1.8B
$3.4B
$7.5B
$7.7B
$4.7B
$8.6B
$9.2B
$7.5B
Free cash flow
$3.1B*
$1.6B*
$926M*
$2.3B*
$6.7B*
$6.9B*
$3.6B*
$7.1B*
$7.6B*
$6.1B*
Cash & equivalents
$4.3B
$9.3B
$3.9B
$3.9B
$7.1B
$8B
$4.8B
$7.5B
$7.3B
$8.3B
Total debt
$23.7B
$25.9B
$27.2B
$30.2B
$32.7B
$32.9B
-
-
-
-
Gross margin
31.5%
33.0%
-
-
-
-
-
-
-
-
Operating margin
9.7%
12.0%
12.0%
11.2%
12.1%
18.2%
18.1%
21.2%
17.5%
-
Net margin
5.7%
7.3%
6.3%
8.3%
7.7%
13.5%
13.6%
16.6%
13.7%
11.0%
Latest quarters
Line
Q4 FY24
Q1 FY25
Q2 FY25
Q3 FY25
Q4 FY25
Q1 FY26
Q2 FY26
Q3 FY26
Revenue
$11.1B*
$8.5B
$12.8B
$12B
$12.4B*
$9.6B
$13.4B
$12.6B
Net income
$1.2B*
$869M
$1.8B
$1.3B
$1.1B*
$656M
$1.8B
$1.4B
EPS (diluted)
$4.58*
$3.19
$6.64
$4.75
$3.93*
$2.42
$6.55
$5.10
Operating cash flow
$5.1B*
-$1.1B
$1.7B*
$2.9B*
$4B*
-$890M
$1.9B*
$2.2B*
Free cash flow
$4.5B*
-$1.5B*
$1.5B*
$2.6B*
$3.5B*
-$1.1B*
$1.7B*
$1.9B*
Cash & equivalents
$7.3B
$6.6B
$8B
$8.6B
$8.3B
$6.8B
$7.9B
$8.9B
Net margin
11.2%
10.2%
14.1%
10.7%
8.6%
6.8%
13.3%
10.9%
Revenue by segment
Line
FY2014*
FY2015*
FY2016*
FY2019
FY2020*
FY2021*
FY2022*
FY2023
FY2024
FY2025
Production & Precision Agriculture (PPA)
-
-
-
-
$13.3B
$16.8B
$22.3B
$27.3B
$21.4B
$17.7B
Construction & Forestry (CF)
$6.6B
$6B
$4.9B
$11.5B
$9.2B
$11.6B
$13.1B
$15B
$13.3B
$11.7B
Small Agriculture & Turf (SAT)
-
-
-
-
$9.5B
$12B
$13.6B
$14.2B
$11.3B
$10.5B
Financial Services (FS)
$2.6B
$2.6B
$2.7B
$3.6B
-
-
-
$5.6B
$6.5B
$6.3B
Agriculture and Turf
$26.4B
$19.8B
$18.5B
$24.1B
-
-
-
-
-
-
Other / unallocated
$528.9M*
$496.8M*
$563M*
-
$3.6B*
$3.5B*
$3.6B*
-
-
-
Revenue by product
Line
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net Sales
-
$25.9B
$33.4B
$34.9B
$31.3B
$39.7B
$47.9B
$55.6B
$44.8B
$38.9B
Finance and Interest Income
-
$2.7B
$3.1B
$3.5B
$3.5B
$3.3B
$3.4B
$4.7B
$5.8B
$5.7B
Other Income
-
$1.1B
$900M
$879M
$818M
$991M
$1.3B
$1B
$1.2B
$1B
Equipment Operations
$24.1B
-
-
-
-
-
-
-
-
-
Financial Services
$2.9B
-
-
-
-
-
-
-
-
-
Revenue by region
Line
FY2016*
FY2017*
FY2018*
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
United States
-
-
-
$20.9B
$19B
$22.8B
$28.2B
$34.1B
$30.2B
$24B
Western Europe
-
-
-
$5.5B
$5.3B
$6.4B
$6.3B
$7.3B
$6.2B
$6.6B
Latin America
-
-
-
$3.9B
$3B
$4.5B
$7.3B
$8.2B
$5.5B
$5.6B
Asia, Africa, Oceania, and Middle East
-
-
-
-
-
-
-
$5.2B
$4.4B
$4.2B
Canada
-
-
-
$2.8B
$2.4B
$3B
$3.9B
$4.3B
$3.9B
$3.7B
Central Europe and CIS
-
-
-
$2.2B
$2.1B
$2.7B
$2.3B
$2.1B
$1.5B
$1.6B
U.S. and Canada:
$16.7B
$17.6B
$21.6B
-
-
-
-
-
-
-
Outside U.S. and Canada:
$9.3B
$11.3B
$15B
-
-
-
-
-
-
-
Asia, Africa, Australia, New Zealand, and Middle East
-
-
-
$3.9B
$3.7B
$4.6B
$4.5B
-
-
-
Other / unallocated
$563M*
$918M*
$755M*
-
-
-
-
-
-
-
Operating income by segment
Line
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Production & Precision Agriculture (PPA)
-
-
-
-
$2B
$3.3B
$4.4B
$7B
$4.5B
$2.7B
Small Agriculture & Turf (SAT)
-
-
-
-
$1B
$2B
$1.9B
$2.5B
$1.6B
$1.2B
Financial Services (FS)
$709M
$715M
$792M
$694M
$746M
$1.1B
$1.2B
$795M
$889M
$1.1B
Construction & Forestry (CF)
$180M
$346M
$868M
$1.2B
$590M
$1.5B
$2B
$2.7B
$2B
$1B
Agriculture and Turf
$1.7B
$2.5B
$2.8B
$2.5B
-
-
-
-
-
-
* derived: a fourth quarter as the year less the three filed quarters, or a remainder as the total less the parts. All other figures are as filed.
About this page
Every figure on this page is read from Deere's own SEC filings: the statement lines from the SEC's XBRL company-facts feed, the revenue splits from the segment and revenue notes of each 10-K and 10-Q. Nothing is typed in or estimated. The cache refreshes daily.