U.S. COMPANY FILING
DEERE & CO — Form 10-Q filed 2026-02-26
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Deere & Company reported Q1 FY2026 net sales of $8.0 billion, up 17.5% YoY, but net income fell 24.5% to $656 million, with diluted EPS of $2.42. Operating cash flow was -$890 million due to inventory build and lower payables. The company repurchased $302 million of stock and paid $441 million in dividends. Segment results were mixed: Production & Precision Agriculture profit declined, while Small Ag & Turf and Construction & Forestry improved.
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