quarter net income of $1.379 billion
Deere and Company reported Q3 2026 net income of $1.379 billion ($5.10 per share), up from $1.289 billion ($4.75 per share) in Q3 2025. Nine-month net income was $3.808 billion ($14.06 per share), down from $3.962 billion ($14.57 per share). Sales rose 5% to $12.608 billion in Q3 and 7% to $35.589 billion for nine months. The company forecasts full-year 2026 net income of $4.75B-$5B. Production and precision agriculture sales decreased 6% in Q3.
How this was made
The 30-second read
Why it matters
The earnings beat and raised FY guidance suggest a bullish outlook for the stock, though lower shipment volumes could temper optimism.
Market read
Deere's earnings beat and upgraded guidance are likely to influence the agricultural equipment sector and related industrial stocks.
What to watch
Tariff recoveries and foreign‑currency effects boost results; underlying shipment volumes remain weak.
Background
Deere & Company reported its third‑quarter 2026 results, showing modest revenue growth and an increase in net income versus the prior year.
Ticker impact
Q3 2026 earnings release: net income $1.379B, revenue $12.608B, FY guidance $4.75‑5.00B.
Potential upside as investors price in stronger-than-expected earnings and raised guidance.
Large‑cap agricultural equipment maker posted higher net income and raised FY guidance, which typically supports a bullish move.
Market effects
Signals strength in agricultural equipment sector and may lift peers such as AGCO and CNH.
Positive for U.S. industrial and farm equipment markets.
Highlights resilience in global ag‑equipment demand despite softer conditions in Brazil and Europe.
Counterpoint
Higher guidance may already be priced in; execution risks in Europe could pressure the stock.
Key entities
- ExecutiveJohn C. May
Chairman and CEO of Deere & Company, provided commentary on results.
