Q3 FY2026 EarningsQ3 FY26 results beat consensus across the top and bottom lines, with revenue of $12.61B vs. $10.73B expected and diluted EPS of $5.10 vs. $4.71 expected. Growth was primarily driven by Construction & Forestry (+18% YoY) and Small Agriculture & Turf (+12% YoY), offsetting a 6% decline in Production & Precision Agriculture. Management reported a favorable $110M tariff recovery in the quarter, contributing to a gross margin of 27.8%, which exceeded the 26.9% consensus.
Financial report interval: 2026.05.01 - 2026.07.31
Overview: Deere(DE) the Revenue is 11 B (+6.2%), Beat estimate;the EBIT is 1.856 B (+18.37%), Beat estimate;the EPS is 5.1 (+7.37%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
11.00B6.20%
10.73B3.64%
+0.27B2.56%
EBITExceed expectations
1.86B18.37%
1.57B0.24%
+0.28B18.13%
EPSExceed expectations
5.17.37%
4.70930.86%
+0.39078.23%
Upcoming earnings report - Q4 FY2026
Available dateNov 25, 2026
Estimate Revenue$10.35 B
Estimate EBIT$1.32 B
Estimate EPS$4.0724
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