Deere Reports Q3 2026 Earnings and Provides Updated Guidance
Deere (DE) reported strong third-quarter results for fiscal year 2026, with net income rising to $1.379 billion—a 7% increase from the prior-year period—driven by disciplined execution across its diversified portfolio. Diluted earnings per share reached $5.10 compared to $4.75 in Q3 2025. Equipment operations saw a 6% rise in net sales, primarily due to higher shipment volumes in small agriculture and construction segments. The company raised its full-year net income guidance to between $4.75 billion and $5.00 billion from previous forecasts, citing strong quarterly performance and cost discipline. Deere also increased its forecast for equipment operations cash flow to $5 billion–$5.5 billion due to improved inventory management and higher profitability. Despite positive results in construction and turf segments, the production and precision agriculture division saw a 6% decline in net sales due to lower shipment volumes in South America and Europe.
Tickers: $DE
Topics: diluted eps guidance update net income sales performance