Deere & Company Reports Q1 2026 Earnings Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy DE?
Source: PRnewswire
- Net Income Decline: Deere & Company reported a net income of $656 million for Q1 2026, or $2.42 per share, down 25% from $869 million and $3.19 per share in Q1 2025, reflecting ongoing challenges in the global agriculture sector that could negatively impact stock prices.
- Sales Revenue Growth: Despite the decline in net income, worldwide net sales and revenues increased by 13% to $9.611 billion, indicating positive recovery in demand within the construction and small agriculture segments, which may lay a strong foundation for future growth.
- Strong Performance in Small Agriculture and Construction: The Small Agriculture & Turf segment saw a 24% increase in sales to $2.168 billion, while the Construction & Forestry segment's sales rose 34% to $2.670 billion, demonstrating robust market demand in these areas that could enhance market share.
- Optimistic Future Outlook: The company forecasts net income for fiscal 2026 to be between $4.5 billion and $5.0 billion, emphasizing that sustained investment in R&D will drive the launch of innovative products, reflecting confidence in future growth that may attract investor interest.
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Analyst Views on DE
Wall Street analysts forecast DE stock price to fall
15 Analyst Rating
8 Buy
7 Hold
0 Sell
Moderate Buy
Current: 600.840
Low
458.00
Averages
514.25
High
560.00
Current: 600.840
Low
458.00
Averages
514.25
High
560.00
About DE
Deere & Company is engaged in the delivery of agricultural, construction and forestry equipment. Its segments include production and precision agriculture (PPA), small agriculture and turf (SAT), construction and forestry (CF), and financial services (FS). PPA segment defines, develops and delivers global equipment and technology solutions for production-scale growers of large grains, small grains, cotton and sugarcane. SAT segment defines, develops and delivers global equipment and technology solutions for dairy and livestock producers, high-value and small acreage crop producers, and turf and utility customers. CF segment defines, develops and delivers a range of machines and technology solutions organized along the earthmoving, forestry and roadbuilding production systems. FS segment finances sales and leases by John Deere dealers of new and used production and precision agriculture equipment and others. Its products include John Deere Autonomous 8R Tractor and E-Power Backhoe.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Deere & Company to Announce Q1 Earnings on February 19
- Earnings Announcement: Deere & Company is set to release its Q1 earnings on February 19, with Wall Street expecting an EPS of $2.06 on revenues of $7.5 billion, which would reinforce its leadership in the agricultural machinery sector if achieved.
- Earnings Forecast Downgrade: Despite beating Q4 estimates, Deere's FY 2026 earnings forecast is below expectations due to tariff impacts and declining margins on large tractors, which may dampen investor confidence moving forward.
- Weak Market Demand: Recent analyses indicate that macro indicators such as weak farm capital investment and heavy reliance on government subsidies suggest limited near-term demand for Deere's core products, potentially affecting future performance.
- Executive Change: CFO Joshua Jepsen will resign effective February 19, 2026, with Campbell named as the acting CFO, a leadership change that could influence the company's strategic direction.
See More
Walmart's Fiscal Outlook Falls Short of Expectations
- Walmart's Fiscal Outlook: Walmart anticipates net sales growth of only 3.5% to 4.5% and adjusted earnings per share of $2.75 to $2.85, falling short of analysts' expectations of $2.96, resulting in a 3.7% drop in stock price, reflecting market concerns about future growth.
- Hims & Hers Acquisition: Hims & Hers Health announced its acquisition of Australian digital health company Eucalyptus for up to $1.15 billion, leading to a nearly 7% increase in stock price, indicating a proactive strategy in expanding market presence and service offerings.
- Deere Earnings Beat: Deere reported first-quarter earnings of $2.42 per share on revenues of $8 billion, exceeding analyst expectations, which drove a 5.3% increase in stock price, showcasing its strong performance and profitability in the agricultural equipment sector.
- DoorDash Order Growth: DoorDash reported a 32% year-over-year increase in total orders for the fourth quarter, and despite missing overall earnings estimates, the stock surged 10%, highlighting its growth potential in the competitive food delivery market.
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Deere Reports Strong Earnings, Positive Outlook Ahead
- Earnings Beat: Deere reported a GAAP EPS of $2.42, exceeding expectations by $0.32, which underscores the company's robust performance in the agricultural equipment sector and reinforces its market leadership.
- Significant Revenue Growth: The company achieved revenues of $9.61 billion, surpassing forecasts by $2.11 billion, reflecting sustained demand in agriculture and strong sales capabilities in global markets, which are expected to drive future investments and expansions.
- Positive Market Reaction: Investors are optimistic about Deere's spring orders, viewing them as a key catalyst for driving share price increases, which further enhances market confidence in the company's future performance.
- Long-Term Growth Potential: Analysts highlight Deere's strong long-term growth potential in agriculture, especially in the context of potential price adjustments under the Trump administration, where the company's flexible pricing strategy will help maintain its competitive edge.
See More
Deere & Company Reports Q1 2026 Earnings Results
- Net Income Decline: Deere & Company reported a net income of $656 million for Q1 2026, or $2.42 per share, down 25% from $869 million and $3.19 per share in Q1 2025, reflecting ongoing challenges in the global agriculture sector that could negatively impact stock prices.
- Sales Revenue Growth: Despite the decline in net income, worldwide net sales and revenues increased by 13% to $9.611 billion, indicating positive recovery in demand within the construction and small agriculture segments, which may lay a strong foundation for future growth.
- Strong Performance in Small Agriculture and Construction: The Small Agriculture & Turf segment saw a 24% increase in sales to $2.168 billion, while the Construction & Forestry segment's sales rose 34% to $2.670 billion, demonstrating robust market demand in these areas that could enhance market share.
- Optimistic Future Outlook: The company forecasts net income for fiscal 2026 to be between $4.5 billion and $5.0 billion, emphasizing that sustained investment in R&D will drive the launch of innovative products, reflecting confidence in future growth that may attract investor interest.
See More
Deere & Company Exceeds First Quarter Expectations
- Net Income Guidance Raised: Deere & Company forecasts net income for fiscal 2026 to be between $4.5 billion and $5.0 billion, reflecting confidence in market recovery, particularly in the construction and small agriculture sectors.
- Significant Sales Growth: The company reported a 13% year-over-year increase in global net sales to $9.611 billion for the first quarter, driven by strong performance in small agriculture and construction, showcasing resilience and growth potential across diverse markets.
- Operating Profit Fluctuations: While operating profit in the Production & Precision Agriculture segment fell 59% to $139 million, the Small Agriculture & Turf segment saw a 58% increase in operating profit to $196 million, indicating performance disparities across different business lines.
- R&D Investment Returns: The company's sustained investment in research and development is expected to yield new innovative products, enhancing its competitiveness in global markets, particularly in agricultural equipment, positioning the company to seize growth opportunities as the economic cycle shifts.
See More
Deere Q1 Earnings Exceed Expectations with Strong Revenue Growth
- Strong Earnings Performance: Deere's Q1 GAAP EPS of $2.42 beats expectations by $0.32, demonstrating robust profitability in the agricultural equipment market, which is likely to boost investor confidence further.
- Significant Revenue Growth: The company reported Q1 revenue of $9.61 billion, a 12.9% year-over-year increase, exceeding expectations by $2.11 billion, reflecting sustained market demand and the competitiveness of its products.
- Segment Outlook: For fiscal 2026, the production and precision agriculture segment is expected to decline by 5% to 10%, while small ag & turf and construction & forestry segments are projected to grow by approximately 15%, indicating varying market dynamics across different business units.
- Financial Services Net Income: The financial services segment is expected to generate net income of around $840 million, indicating that stable performance in this area will support overall company results.
See More
Deere & Company to Announce Q1 Earnings on February 19
- Earnings Announcement: Deere & Company is set to release its Q1 earnings on February 19, with Wall Street expecting an EPS of $2.06 on revenues of $7.5 billion, which would reinforce its leadership in the agricultural machinery sector if achieved.
- Earnings Forecast Downgrade: Despite beating Q4 estimates, Deere's FY 2026 earnings forecast is below expectations due to tariff impacts and declining margins on large tractors, which may dampen investor confidence moving forward.
- Weak Market Demand: Recent analyses indicate that macro indicators such as weak farm capital investment and heavy reliance on government subsidies suggest limited near-term demand for Deere's core products, potentially affecting future performance.
- Executive Change: CFO Joshua Jepsen will resign effective February 19, 2026, with Campbell named as the acting CFO, a leadership change that could influence the company's strategic direction.
See More
Walmart's Fiscal Outlook Falls Short of Expectations
- Walmart's Fiscal Outlook: Walmart anticipates net sales growth of only 3.5% to 4.5% and adjusted earnings per share of $2.75 to $2.85, falling short of analysts' expectations of $2.96, resulting in a 3.7% drop in stock price, reflecting market concerns about future growth.
- Hims & Hers Acquisition: Hims & Hers Health announced its acquisition of Australian digital health company Eucalyptus for up to $1.15 billion, leading to a nearly 7% increase in stock price, indicating a proactive strategy in expanding market presence and service offerings.
- Deere Earnings Beat: Deere reported first-quarter earnings of $2.42 per share on revenues of $8 billion, exceeding analyst expectations, which drove a 5.3% increase in stock price, showcasing its strong performance and profitability in the agricultural equipment sector.
- DoorDash Order Growth: DoorDash reported a 32% year-over-year increase in total orders for the fourth quarter, and despite missing overall earnings estimates, the stock surged 10%, highlighting its growth potential in the competitive food delivery market.
See More
Deere Reports Strong Earnings, Positive Outlook Ahead
- Earnings Beat: Deere reported a GAAP EPS of $2.42, exceeding expectations by $0.32, which underscores the company's robust performance in the agricultural equipment sector and reinforces its market leadership.
- Significant Revenue Growth: The company achieved revenues of $9.61 billion, surpassing forecasts by $2.11 billion, reflecting sustained demand in agriculture and strong sales capabilities in global markets, which are expected to drive future investments and expansions.
- Positive Market Reaction: Investors are optimistic about Deere's spring orders, viewing them as a key catalyst for driving share price increases, which further enhances market confidence in the company's future performance.
- Long-Term Growth Potential: Analysts highlight Deere's strong long-term growth potential in agriculture, especially in the context of potential price adjustments under the Trump administration, where the company's flexible pricing strategy will help maintain its competitive edge.
See More
Deere & Company Reports Q1 2026 Earnings Results
- Net Income Decline: Deere & Company reported a net income of $656 million for Q1 2026, or $2.42 per share, down 25% from $869 million and $3.19 per share in Q1 2025, reflecting ongoing challenges in the global agriculture sector that could negatively impact stock prices.
- Sales Revenue Growth: Despite the decline in net income, worldwide net sales and revenues increased by 13% to $9.611 billion, indicating positive recovery in demand within the construction and small agriculture segments, which may lay a strong foundation for future growth.
- Strong Performance in Small Agriculture and Construction: The Small Agriculture & Turf segment saw a 24% increase in sales to $2.168 billion, while the Construction & Forestry segment's sales rose 34% to $2.670 billion, demonstrating robust market demand in these areas that could enhance market share.
- Optimistic Future Outlook: The company forecasts net income for fiscal 2026 to be between $4.5 billion and $5.0 billion, emphasizing that sustained investment in R&D will drive the launch of innovative products, reflecting confidence in future growth that may attract investor interest.
See More
Deere & Company Exceeds First Quarter Expectations
- Net Income Guidance Raised: Deere & Company forecasts net income for fiscal 2026 to be between $4.5 billion and $5.0 billion, reflecting confidence in market recovery, particularly in the construction and small agriculture sectors.
- Significant Sales Growth: The company reported a 13% year-over-year increase in global net sales to $9.611 billion for the first quarter, driven by strong performance in small agriculture and construction, showcasing resilience and growth potential across diverse markets.
- Operating Profit Fluctuations: While operating profit in the Production & Precision Agriculture segment fell 59% to $139 million, the Small Agriculture & Turf segment saw a 58% increase in operating profit to $196 million, indicating performance disparities across different business lines.
- R&D Investment Returns: The company's sustained investment in research and development is expected to yield new innovative products, enhancing its competitiveness in global markets, particularly in agricultural equipment, positioning the company to seize growth opportunities as the economic cycle shifts.
See More
Deere Q1 Earnings Exceed Expectations with Strong Revenue Growth
- Strong Earnings Performance: Deere's Q1 GAAP EPS of $2.42 beats expectations by $0.32, demonstrating robust profitability in the agricultural equipment market, which is likely to boost investor confidence further.
- Significant Revenue Growth: The company reported Q1 revenue of $9.61 billion, a 12.9% year-over-year increase, exceeding expectations by $2.11 billion, reflecting sustained market demand and the competitiveness of its products.
- Segment Outlook: For fiscal 2026, the production and precision agriculture segment is expected to decline by 5% to 10%, while small ag & turf and construction & forestry segments are projected to grow by approximately 15%, indicating varying market dynamics across different business units.
- Financial Services Net Income: The financial services segment is expected to generate net income of around $840 million, indicating that stable performance in this area will support overall company results.
See More
