John Deere (DE) official guidance
John Deere (DE) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteDEDEERE & COFY2026 · ends 2026-11-01
16 metrics1 new13 maintainedearnings call · 2026-08-21 04:01:48 UTC
2026-08-21 04:01:48 UTC1.5%maintained1.5% vs FY2025
The guidance for the year now includes 3 points of favorable price realization and approximately 1.5 points of favorable currency translation.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC1.5%lowered -25.0%1.5% vs FY2025
| Construction & Forestry | | Up ~20% | | +1.5% | | ~ +3.0% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC2%maintained2% vs FY2025
This net sales guidance for the year includes two and a half points of favorable price realization and approximately two points of favorable currency translation.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-21 10:02:01 UTC2%maintained2% vs FY2025
| Construction & Forestry | | Up ~20% | | +2.0% | | ~ +2.5% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC2%maintained2% vs FY2025
Our net sales guidance for the year includes about 2.5 points of positive price realization and just over 2 points of positive currency translation.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC2%raised +100.0%2% vs FY2025
| Construction & Forestry | | Up ~15% | | +2.0% | | ~ +2.5% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC1%maintained1% vs FY2025
Our net sales guidance for the year includes about three points of positive price realization and one point of positive currency translation.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC1%new1% vs FY2025
| Construction & Forestry | | Up ~10% | | +1.0% | | ~ +3.0% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-08-21 04:01:48 UTC2.5%maintained2.5% vs FY2025
The forecast also includes one point of positive price realization for the year, as well as close to 2.5 points of favorable currency translation.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC2.5%lowered -16.7%2.5% vs FY2025
| Production & Precision Ag | | Down ~10% | | +2.5% | | ~ +1.0% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC3%maintained3% vs FY2025
This forecast now reflects roughly 1 point of positive price realization for the full year, as well as just under 3 points of favorable currency translation.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-21 10:02:01 UTC3%maintained3% vs FY2025
| Production & Precision Ag | | Down 5 to 10% | | +3.0% | | ~ +1.0% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC3%maintained3% vs FY2025
The forecast assumes roughly 1.5 points of positive price realization and about 3 points of partially positive currency translation.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC3%raised +100.0%3% vs FY2025
| Production & Precision Ag | | Down 5 to 10% | | +3.0% | | ~ +1.5% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC1.5%maintained1.5% vs FY2025
The forecast assumes roughly 1.5 percentage points of positive price realization and about 1.5 percentage points of positive currency translation.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC1.5%new1.5% vs FY2025
| Production & Precision Ag | | Down 5 to 10% | | +1.5% | | ~ +1.5% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-08-21 04:01:48 UTC0.5%maintained0.5% vs FY2025
This guide includes 1.5 points of positive price realization, as well as roughly half a point of favorable currency translation.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC0.5%lowered -50.0%0.5% vs FY2025
| Small Ag & Turf | | Up ~15% | | +0.5% | | ~ +1.5% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC1%maintained1% vs FY2025
This guide includes 1.5 points of positive price realization, as well as roughly 1 point of favorable currency translation.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-21 10:02:01 UTC1%lowered -50.0%1% vs FY2025
| Small Ag & Turf | | Up ~15% | | +1.0% | | ~ +1.5% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC2%maintained2% vs FY2025
This includes 2 points of positive price realization as well as 2 points of positive currency translation.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC2%raised +100.0%2% vs FY2025
| Small Ag & Turf | | Up ~15% | | +2.0% | | ~ +2.0% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC1%maintained1% vs FY2025
This includes two points of positive price realization as well as one point of positive currency translation.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC1%new1% vs FY2025
| Small Ag & Turf | | Up ~10% | | +1.0% | | ~ +2.0% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-08-21 04:01:48 UTC24% – 26%maintained388 bps – 588 bps vs FY2025
This guidance continues to reflect an effective tax rate between 24% and 26%.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-05-22 04:01:38 UTC24% – 26%lowered -3.8%388 bps – 588 bps vs FY2025
Next, our guidance now incorporates an effective tax rate between 24%-26%.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-02-20 05:01:48 UTC25% – 27%maintained488 bps – 688 bps vs FY2025
Next, our guidance continues to incorporate an effective tax rate between 25% and 27%.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2025-11-27 05:01:31 UTC25% – 27%new
Next, our guidance incorporates an effective tax rate between 25%-27%, which is higher year-over-year as a result of fewer discrete items and a less favorable geographic mix driven by projections for a higher percentage of income coming from outside the United States.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2026-08-21 04:01:48 UTCremain approximately flat
Lastly, in Asia, we continue to expect industry sales to remain approximately flat, supported by relatively stable end market conditions across the region following the modest improvements in India we communicated last quarter.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTCFlat
| Asia | | | | | | Flat | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTCroughly flat year-over-yearnew
Industry sales in Asia are now projected to be roughly flat year-over-year, mainly driven by modest improvements within the India market.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-08-21 04:01:48 UTC5%maintained5% vs FY2025
Industry sales for earthmoving equipment in the U.S. and Canada are now expected to be up 5%-10% for construction equipment and up 5% for compact construction equipment, reflecting strong demand from large-scale infrastructure, data center, and energy-related projects, as well as continued investment in rental fleets to support elevated levels of end market activity.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC5%maintained5% vs FY2025
| Compact Construction Equipment | | | | | | Up ~5% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC5%new5% vs FY2025
Industry sales projections for earth-moving equipment in the U.S. and Canada remain unchanged, with both construction equipment and compact construction equipment expected to be up around 5%.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-08-21 04:01:48 UTC5% – 10%maintained5% – 10% vs FY2025
Industry sales for earthmoving equipment in the U.S. and Canada are now expected to be up 5%-10% for construction equipment and up 5% for compact construction equipment, reflecting strong demand from large-scale infrastructure, data center, and energy-related projects, as well as continued investment in rental fleets to support elevated levels of end market activity.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC5% – 10%raised +50.0%5% – 10% vs FY2025
| Construction Equipment | | | | | | Up 5 to 10% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC5%new5% vs FY2025
Industry sales projections for earth-moving equipment in the U.S. and Canada remain unchanged, with both construction equipment and compact construction equipment expected to be up around 5%.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-08-21 04:01:48 UTCapproximately flat for the year
Shifting to Europe, we now expect industry sales to be approximately flat for the year, reflecting softer market conditions and continued pressure on arable farm profitability.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTCFlat
| Europe | | | | | | Flat | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC0% – 5%new0% – 5% vs FY2025
In Europe, industry demand remains relatively stable and is expected to range from flat to up 5%.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-08-21 04:01:48 UTC-10%maintained-10% vs FY2025
Within global forestry, we now expect the industry to be down 10% for the year as subdued residential construction activity and softer log and lumber prices continue to weigh on equipment demand, especially in North America.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC-10%lowered -100.0%-10% vs FY2025
| Global Forestry | | | | | | Down ~10% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC-5%new-5% vs FY2025
Global Forestry markets are expected to decline 5%, reflecting continued pressure from weak residential construction activity and low log and lumber prices.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-08-21 04:01:48 UTC10%maintained10% vs FY2025
The projection for global road building market remains steady at up approximately 10% for the year, supported by favorable infrastructure spending trends, healthy contractor backlogs, and continued investment in road construction across key regions.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC10%maintained10% vs FY2025
| Global Roadbuilding | | | | | | Up ~10% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC10%new10% vs FY2025
We now expect global road building markets to grow approximately 10% year-over-year, supported by elevated road construction spending across multiple geographies.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-08-21 04:01:48 UTC-20% – -15%maintained-20% – -15% vs FY2025
In the U.S. and Canada, we continue to expect the large ag equipment industry sales to decline 15%-20% year-over-year as farm profitability remains muted and producers navigate elevated input costs, commodity price volatility, and the ongoing uncertainty around agricultural markets.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC-20% – -15%maintained-20% – -15% vs FY2025
| Large Ag | | | | | | Down 15 to 20% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC-20% – -15%new-20% – -15% vs FY2025
We continue to expect large ag equipment industry sales in the U.S. and Canada to decline 15%-20%, driven by elevated input costs and ongoing global market uncertainty.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-08-21 04:01:48 UTC0% – 5%maintained0% – 5% vs FY2025
The Small Ag and Turf industry in the U.S. and Canada remains relatively stable, with industry sales expected to be flat to up 5%.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC0% – 5%maintained0% – 5% vs FY2025
| Small Ag & Turf | | | | | | Flat to up 5% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC0% – 5%new0% – 5% vs FY2025
For Small Ag & Turf in the U.S. and Canada, industry demand is expected to remain steady, ranging from flat to up 5%.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-08-21 04:01:48 UTC-20% – -15%maintained-20% – -15% vs FY2025
We now expect the industry outlook to be down 15%-20%.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC-20% – -15%lowered -16.7%-20% – -15% vs FY2025
| South America (Tractors & Combines) | | | | | | Down 15 to 20% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC-15%new-15% vs FY2025
Moving to South America. Industry sales of tractors and combines are now expected to decline about 15%.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-08-21 04:01:48 UTC$870Mmaintained
For fiscal year 2026, our full-year outlook has increased to $870 million.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC$870Mraised +1.2%
| Financial Services | | Net Income | | ~ $870 | | | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC$860Mmaintained
For fiscal year 2026, we raised our full-year outlook to $860 million, primarily driven by favorable fair value adjustment and improved provision for credit losses.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-21 10:02:01 UTC$860Mraised +2.4%
| Financial Services | | Net Income | | ~ $860 | | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC$840Mmaintained
For fiscal year 2026, our outlook increased to $840 million, primarily driven by lower provision for credit losses.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC$840Mraised +1.2%
| Financial Services | | Net Income | | ~ $840 | | | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC$830Mmaintained
For fiscal year 2026, the net income forecast is $830 million.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC$830Mnew
| Financial Services | | Net Income | | ~ $830 | | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-08-21 04:01:48 UTC$4.8B – $5Bmaintained-5.5% – -0.5% vs FY2025
For fiscal year 2026, we improved our net income outlook, raising it to a range of $4.75 billion-$5 billion, reflecting the strong results delivered in the quarter and our confidence in the outlook for the remainder of the year.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC$4.8B – $5Braised +2.6%-5.5% – -0.5% vs FY2025
Net income attributable to Deere & Company for fiscal 2026 is forecasted to be in a range of $4.75 billion to $5.00 billion.
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC$4.5B – $5Bmaintained-10.5% – -0.5% vs FY2025
For fiscal year 2026, our net income forecast remains unchanged between $4.5 billion and $5 billion.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-21 10:02:01 UTC$4.5B – $5Bmaintained-10.5% – -0.5% vs FY2025
Net income attributable to Deere & Company for fiscal 2026 is forecasted to be in a range of $4.5 billion to $5.0 billion.
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC$4.5B – $5Bmaintained-10.5% – -0.5% vs FY2025
For fiscal year 2026, our updated outlook for net income is now between $4.5 billion and $5 billion.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC$4.5B – $5Braised +8.6%-10.5% – -0.5% vs FY2025
Net income attributable to Deere & Company for fiscal 2026 is forecasted to be in a range of $4.5 billion to $5.0 billion.
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC$4B – $4.8Bmaintained
For fiscal year 2026, our full-year net income forecast is expected to be in the range of $4 billion-$4.75 billion.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC$4B – $4.8Bnew
Net income attributable to Deere & Company for fiscal 2026 is forecasted to be in a range of $4.00 billion to $4.75 billion.
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-08-21 04:01:48 UTC$750Mnew
So our net tariff exposure this year is approximately $750-ish.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
DEDEERE & COFY2027 · ends 2027-10-31
1 metric1 newearnings call · 2026-08-21 04:01:48 UTC
2026-08-21 04:01:48 UTC$1Bnew
As you think about our tariff expense this year versus next year, net tariffs, so direct tariffs paid less any refunds, will be a headwind going into next year. We'll end up paying about $1.1 billion in direct tariffs this year, less $382 million of refunds. So our net tariff exposure this year is approximately $750-ish. Going into next year, we would expect a run rate that is going to be closer to right around $1 billion for the year.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
DEDEERE & COFY2026 · ends 2026-11-01
7 metrics2 raised1 lowered4 maintainedearnings call · 2026-08-21 04:01:48 UTC
2026-08-21 04:01:48 UTC$5B – $5.5Braised +5.0%
Lastly, cash flow expectations from the equipment operation have also improved to now be in the range of $5 billion-$5.5 billion.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-05-22 04:01:38 UTC$4.5B – $5.5Bmaintained
And lastly, cash flow from the equipment operations remains projected between $4.5 billion and $5.5 billion.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-02-20 05:01:48 UTC$4.5B – $5.5Braised +11.1%
Lastly, projections for cash flow from the equipment operations increased by $500 million at both ends of our range and is now expected to be between $4.5 billion and $5.5 billion.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2025-11-27 05:01:31 UTC$4B – $5Bnew
Lastly, cash flow from equipment operations is projected to be in the range of $4 billion-$5 billion.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2026-08-21 04:01:48 UTC10.5% – 11.5%maintained
The forecast for this segment's operating margin has been tightened to between 10.5% and 11.5% for the year.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-05-22 04:01:38 UTC10% – 12%raised +10.0%
The segment's operating margin has also been increased and is now projected to be between 10% and 12% for the full year.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-02-20 05:01:48 UTC9% – 11%raised +11.1%
Our projection for the segment's operating margin also increased and is now estimated to be between 9% and 11%.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2025-11-27 05:01:31 UTC8% – 10%new
The segment's operating margin is projected to be between 8% and 10%, as the benefits of higher North American earth-moving volumes and price realization are tempered by incremental tariff expense.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2026-08-21 04:01:48 UTC11% – 12%lowered -4.2%
Our full-year forecast for the segment's operating margin has been narrowed and is now between 11% and 12%.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-05-22 04:01:38 UTC11% – 13%maintained
Our full-year forecast for the segment's operating margin is also unchanged and remains between 11% and 13%.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-02-20 05:01:48 UTC11% – 13%maintained
For the segment's operating margin, our full year forecast remains between 11% and 13%.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2025-11-27 05:01:31 UTC11% – 13%new
Segment operating margin for the full year is forecasted between 11%-13%, reflecting stability in international markets amidst incremental tariff and mixed headwinds, with large ag in the United States declining another year.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2026-08-21 04:01:48 UTC14.5% – 15.5%raised +5.3%
The segment's operating margin guide has been increased to between 14.5% and 15.5%.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-05-22 04:01:38 UTC13.5% – 15%maintained
The segment's operating margin guide remains between 13.5% and 15%.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-02-20 05:01:48 UTC13.5% – 15%raised +7.5%
The segment's operating margin guide is now between 13.5% and 15%.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2025-11-27 05:01:31 UTC12.5% – 14%new
The segment's operating margin is projected to be between 12.5% and 14%, reflecting strength in the dairy and livestock segment.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2026-08-21 04:01:48 UTC3%maintained3% vs FY2025
The guidance for the year now includes 3 points of favorable price realization and approximately 1.5 points of favorable currency translation.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC3%raised +20.0%3% vs FY2025
| Construction & Forestry | | Up ~20% | | +1.5% | | ~ +3.0% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC2.5%maintained2.5% vs FY2025
This net sales guidance for the year includes two and a half points of favorable price realization and approximately two points of favorable currency translation.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-21 10:02:01 UTC2.5%maintained2.5% vs FY2025
| Construction & Forestry | | Up ~20% | | +2.0% | | ~ +2.5% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC2.5%maintained2.5% vs FY2025
Our net sales guidance for the year includes about 2.5 points of positive price realization and just over 2 points of positive currency translation.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC2.5%lowered -16.7%2.5% vs FY2025
| Construction & Forestry | | Up ~15% | | +2.0% | | ~ +2.5% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC3%maintained3% vs FY2025
Our net sales guidance for the year includes about three points of positive price realization and one point of positive currency translation.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC3%new3% vs FY2025
| Construction & Forestry | | Up ~10% | | +1.0% | | ~ +3.0% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-08-21 04:01:48 UTC1%maintained1% vs FY2025
The forecast also includes one point of positive price realization for the year, as well as close to 2.5 points of favorable currency translation.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC1%maintained1% vs FY2025
| Production & Precision Ag | | Down ~10% | | +2.5% | | ~ +1.0% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC1%maintained1% vs FY2025
This forecast now reflects roughly 1 point of positive price realization for the full year, as well as just under 3 points of favorable currency translation.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-21 10:02:01 UTC1%lowered -33.3%1% vs FY2025
| Production & Precision Ag | | Down 5 to 10% | | +3.0% | | ~ +1.0% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC1.5%maintained1.5% vs FY2025
The forecast assumes roughly 1.5 points of positive price realization and about 3 points of partially positive currency translation.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC1.5%maintained1.5% vs FY2025
| Production & Precision Ag | | Down 5 to 10% | | +3.0% | | ~ +1.5% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC1.5%maintained1.5% vs FY2025
The forecast assumes roughly 1.5 percentage points of positive price realization and about 1.5 percentage points of positive currency translation.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC1.5%new1.5% vs FY2025
| Production & Precision Ag | | Down 5 to 10% | | +1.5% | | ~ +1.5% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-08-21 04:01:48 UTC1.5%maintained1.5% vs FY2025
This guide includes 1.5 points of positive price realization, as well as roughly half a point of favorable currency translation.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC1.5%maintained1.5% vs FY2025
| Small Ag & Turf | | Up ~15% | | +0.5% | | ~ +1.5% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC1.5%maintained1.5% vs FY2025
This guide includes 1.5 points of positive price realization, as well as roughly 1 point of favorable currency translation.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-21 10:02:01 UTC1.5%lowered -25.0%1.5% vs FY2025
| Small Ag & Turf | | Up ~15% | | +1.0% | | ~ +1.5% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC2%maintained2% vs FY2025
This includes 2 points of positive price realization as well as 2 points of positive currency translation.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC2%maintained2% vs FY2025
| Small Ag & Turf | | Up ~15% | | +2.0% | | ~ +2.0% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC2%maintained2% vs FY2025
This includes two points of positive price realization as well as one point of positive currency translation.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC2%new2% vs FY2025
| Small Ag & Turf | | Up ~10% | | +1.0% | | ~ +2.0% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
DEDEERE & COQ4 FY2026 · ends 2026-11-01
2 metrics2 newearnings call · 2026-08-21 04:01:48 UTC
2026-08-21 04:01:48 UTCa similar net sales level in the fourth quarter as we saw in the third quarternew
For PPA and C&F, we would expect a similar net sales level in the fourth quarter as we saw in the third quarter.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-21 04:01:48 UTCa similar net sales level in the fourth quarter as we saw in the third quarternew
For PPA and C&F, we would expect a similar net sales level in the fourth quarter as we saw in the third quarter.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
DEDEERE & COFY2026 · ends 2026-11-01
18 metrics2 raised1 lowered5 new8 maintainedearnings call · 2026-08-21 04:01:48 UTC
2026-08-21 04:01:48 UTC20%maintained20% vs FY2025
The 2026 net sales forecast remains steady at up approximately 20% for the full year.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC20%maintained20% vs FY2025
| Construction & Forestry | | Up ~20% | | +1.5% | | ~ +3.0% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC20%maintained20% vs FY2025
The 2026 net sales are now forecasted to be up approximately 20% for the full year.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-21 10:02:01 UTC20%raised +33.3%20% vs FY2025
| Construction & Forestry | | Up ~20% | | +2.0% | | ~ +2.5% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC15%maintained15% vs FY2025
2026 net sales are now forecasted to be up around 15%.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC15%raised +50.0%15% vs FY2025
| Construction & Forestry | | Up ~15% | | +2.0% | | ~ +2.5% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC10%maintained10% vs FY2025
2026 net sales are forecasted to be up around 10%.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC10%new10% vs FY2025
| Construction & Forestry | | Up ~10% | | +1.0% | | ~ +3.0% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-08-21 04:01:48 UTC-10%maintained-10% vs FY2025
For Production & Precision Ag, we've trended toward the bottom end of our prior guidance range and now expect net sales to be down approximately 10% for the year.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC-10%lowered -33.3%-10% vs FY2025
| Production & Precision Ag | | Down ~10% | | +2.5% | | ~ +1.0% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC-10% – -5%maintained-10% – -5% vs FY2025
For Production & Precision Ag, our net sales forecast is unchanged and remains down between 5%-10% for the full year.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-21 10:02:01 UTC-10% – -5%maintained-10% – -5% vs FY2025
| Production & Precision Ag | | Down 5 to 10% | | +3.0% | | ~ +1.0% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC-10% – -5%maintained-10% – -5% vs FY2025
For Production and Precision Ag, net sales are still forecasted to be down between 5% and 10% for the full year.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC-10% – -5%maintained-10% – -5% vs FY2025
| Production & Precision Ag | | Down 5 to 10% | | +3.0% | | ~ +1.5% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC-10% – -5%maintained-10% – -5% vs FY2025
we anticipate production and precision ag net sales to be down 5%-10% in fiscal year 2026.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC-10% – -5%new-10% – -5% vs FY2025
| Production & Precision Ag | | Down 5 to 10% | | +1.5% | | ~ +1.5% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-08-21 04:01:48 UTC15%maintained15% vs FY2025
We continue to expect net sales to be up approximately 15% for the full year.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-08-20 10:01:58 UTC15%maintained15% vs FY2025
| Small Ag & Turf | | Up ~15% | | +0.5% | | ~ +1.5% | |
DE · EX-99.1 · Q3 FY2026
2026-08-20 10:00:40 UTCOpen source
2026-05-22 04:01:38 UTC15%raised +500.0%15% vs FY2025
We continue to expect net sales to be up approximately 15% for the full year.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-21 10:02:01 UTC0% – 5%maintained0% – 5% vs FY2025
| Small Ag & Turf | | | | | Flat to up 5% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC0% – 5%maintained0% – 5% vs FY2025
For Small Ag and Turf in the U.S. and Canada, industry demand estimates remain flat to up 5%.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC0% – 5%maintained0% – 5% vs FY2025
| Small Ag & Turf | | | | | | Flat to up 5% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC0% – 5%maintained0% – 5% vs FY2025
For small agriculture and turf in the U.S. and Canada, industry demand is estimated to be flat to up 5%.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC0% – 5%new0% – 5% vs FY2025
| Small Ag & Turf | | | | | | Flat to up 5% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-08-21 04:01:48 UTC$1.1Braised +22.2%
Looking beyond refunds, following the changes to the Section 122, 232, and 301 tariff policies, we now expect direct tariff expense of approximately $1.1 billion for the fiscal year, excluding IEPA refunds.
DE · transcript · Q3 FY2026
2026-08-21 04:00:00 UTCOpen source
2026-05-22 04:01:38 UTC$900Mnew
Net of the refunds, our forecast now includes approximately $900 million of tariff costs for the year.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-22 04:01:38 UTC1.5% – 2%new1.5% – 2% vs FY2025
For fiscal year 2026, our implied net price realization for the equipment operations is between 1.5% and 2% for the year, which is consistent with general inflation levels that we are experiencing, excluding the impact of tariffs.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-22 04:01:38 UTCat least 5%new5% vs FY2025
we expect to grow our top line by more than 5% this year as we progress towards the 2030 growth targets outlined during our investor event at the New York Stock Exchange last December.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-22 04:01:38 UTC$1.2Bnew
The cumulative impact of these changes is that on a full year basis, our direct tariff exposure remains essentially unchanged at approximately $1.2 billion, which is approximately a 3% margin headwind.
DE · transcript · Q2 FY2026
2026-05-22 04:00:00 UTCOpen source
2026-05-21 10:02:01 UTCFlat
| Asia | | | | | Flat | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC-5% – 0%maintained-5% – 0% vs FY2025
Industry sales in Asia are now projected to be flat to down 5%.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC-5% – 0%raised +50.0%-5% – 0% vs FY2025
| Asia | | | | | | Flat to down 5% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC-5%maintained-5% vs FY2025
Industry sales in Asia are expected to be down 5% following slight gains in India last year.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC-5%new-5% vs FY2025
| Asia | | | | | | Down ~5% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-05-21 10:02:01 UTC5%maintained5% vs FY2025
| Compact Construction Equipment | | | | | Up ~5% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC5%maintained5% vs FY2025
Industry sales for both construction equipment and compact construction equipment in the U.S. and Canada are now expected to be up around 5% year-over-year.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC5%raised +100.0%5% vs FY2025
| Compact Construction Equipment | | | | | | Up ~5% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC0% – 5%maintained0% – 5% vs FY2025
Industry sales for earth-moving equipment in the U.S. and Canada are expected to be flat to up 5%, and compact construction equipment in the U.S. and Canada is also expected to be flat to up 5%.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC0% – 5%new0% – 5% vs FY2025
| Compact Construction Equipment | | | | | | Flat to up 5% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-05-21 10:02:01 UTC5%maintained5% vs FY2025
| Construction Equipment | | | | | Up ~5% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC5%maintained5% vs FY2025
Industry sales for both construction equipment and compact construction equipment in the U.S. and Canada are now expected to be up around 5% year-over-year.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC5%raised +100.0%5% vs FY2025
| Construction Equipment | | | | | | Up ~5% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC0% – 5%maintained0% – 5% vs FY2025
Industry sales for earth-moving equipment in the U.S. and Canada are expected to be flat to up 5%, and compact construction equipment in the U.S. and Canada is also expected to be flat to up 5%.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC0% – 5%new0% – 5% vs FY2025
| Construction Equipment | | | | | | Flat to up 5% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-05-21 10:02:01 UTC0% – 5%maintained0% – 5% vs FY2025
| Europe | | | | | Flat to up 5% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC0% – 5%maintained0% – 5% vs FY2025
Moving to Europe, the industry is still projected to be flat to up 5%.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC0% – 5%maintained0% – 5% vs FY2025
| Europe | | | | | | Flat to up 5% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC0% – 5%maintained0% – 5% vs FY2025
In Europe, the industry is projected to be flat to up 5%.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC0% – 5%new0% – 5% vs FY2025
| Europe | | | | | | Flat to up 5% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-05-21 10:02:01 UTC-5%-5% vs FY2025
| Global Forestry | | | | | Down ~5% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTCremain flat
Global forestry markets are still expected to remain flat.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTCFlat
| Global Forestry | | | | | | Flat | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTCremain flat
Global forestry markets are expected to remain flat.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTCFlatnew
| Global Forestry | | | | | | Flat | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-05-21 10:02:01 UTC10%raised +100.0%10% vs FY2025
| Global Roadbuilding | | | | | Up ~10% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC5%maintained5% vs FY2025
Global road building markets are now expected to be up around 5%, driven by market increases in both North America and Europe.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC5%5% vs FY2025
| Global Roadbuilding | | | | | | Up ~5% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTCremain flat
Global road building markets are expected to remain flat at strong levels.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTCFlatnew
| Global Roadbuilding | | | | | | Flat | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-05-21 10:02:01 UTC-20% – -15%maintained-20% – -15% vs FY2025
| Large Ag | | | | | Down 15 to 20% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC-20% – -15%maintained-20% – -15% vs FY2025
We continue to expect the large ag equipment industry in the U.S. and Canada to decline 15%-20% this year.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC-20% – -15%maintained-20% – -15% vs FY2025
| Large Ag | | | | | | Down 15 to 20% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTC-20% – -15%maintained-20% – -15% vs FY2025
We expect industry sales of large equipment in the U.S. and Canada to be down 15%-20%.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTC-20% – -15%new-20% – -15% vs FY2025
| Large Ag | | | | | | Down 15 to 20% | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-05-21 10:02:01 UTC-15%lowered -200.0%-15% vs FY2025
| South America (Tractors & Combines) | | | | | Down ~15% | |
DE · EX-99.1 · Q2 FY2026
2026-05-21 10:00:38 UTCOpen source
2026-02-20 05:01:48 UTC-5%maintained-5% vs FY2025
In South America, industry sales of tractors and combines are now expected to be down approximately 5%, driven by the Brazilian market, where subdued commodity prices, high interest rates, and a stronger BRL are putting pressure on producer margins.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2026-02-19 11:05:00 UTC-5%-5% vs FY2025
| South America (Tractors & Combines) | | | | | | Down ~5% | |
DE · EX-99.1 · Q1 FY2026
2026-02-19 11:03:46 UTCOpen source
2025-11-27 05:01:31 UTCremain flat in 2026
Within South America, we anticipate industry sales of tractors and combines will remain flat in 2026.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-26 11:02:05 UTCFlatnew
| South America (Tractors & Combines) | | | | | | Flat | |
DE · EX-99.1 · Q4 FY2025
2025-11-26 11:00:56 UTCOpen source
2026-02-20 05:01:48 UTC$1.2Bmaintained
Tariffs for the year are still projected at around $1.2 billion, as mitigation on Section 232 steel tariffs and some relief in India have been offset by volume growth.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2025-11-27 05:01:31 UTC$1.2Bnew
Included in this estimate is projected pre-tax direct tariff expense of approximately $1.2 billion, with additional inflationary pressures also contemplated from the indirect impacts of tariffs.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2026-02-20 05:01:48 UTCmid-single-digit net sales growthnew4% – 6% vs FY2025
The developments over the course of the past three months have strengthened our belief that 2026 marks the bottom of the current cycle, as we project mid-single-digit net sales growth for the equipment operations this fiscal year.
DE · transcript · Q1 FY2026
2026-02-20 05:00:00 UTCOpen source
2025-11-27 05:01:31 UTC$16new
We would like to highlight that our implied midpoint guidance of approximately $16 in earnings per share reflects subgraph conditions in PPA, with projected fiscal year 2026 sales at less than 80% of mid-cycle levels.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
DEDEERE & COQ1 FY2026 · ends 2026-01-25
4 metrics4 newearnings call · 2025-11-27 05:01:31 UTC
2025-11-27 05:01:31 UTCat similar levelsnew
Compared to the first quarter of 2025, we expect top line to be up about 20%, while margins at similar levels due to the impact of tariffs.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-27 05:01:31 UTCin the low single digitsnew
For Q1 2026, in production precision ag, we anticipate net sales will be close to the first quarter of 2025, but margins will be significantly lower in the low single digits.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-27 05:01:31 UTC20%new20% vs Q1 FY2025
Compared to the first quarter of 2025, we expect top line to be up about 20%, while margins at similar levels due to the impact of tariffs.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source
2025-11-27 05:01:31 UTCclose to the first quarter of 2025new
For Q1 2026, in production precision ag, we anticipate net sales will be close to the first quarter of 2025, but margins will be significantly lower in the low single digits.
DE · transcript · Q4 FY2025
2025-11-27 05:00:00 UTCOpen source