
Q3 FY26 · Ended Aug 2, 2026 · View SEC filing
Construction pricing cushioned a weaker large-farm quarter
Construction & Forestry, now 90.0% the size of large agriculture by revenue, raised prices while large-farm shipments fell.
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Borrowing costs fell faster than finance income, so the lending spread widened while the average portfolio shrank 2%.
Pretax income rose 17.6%, yet discrete tax items held growth in net income attributable to Deere to 7.0%.
Free cash flow fell to $1.94B from $2.60B as trade receivables grew faster than sales.
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Business Lens describes Deere & Company from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.