Deere & Company raised its fiscal 2026 net income guidance to a range of US$4.75 billion to US$5.00 billion after reporting fiscal third-quarter results. The company posted sales of US$10,999 million, revenue of US$12,608 million, net income of US$1,379 million, and diluted EPS of US$5.10. The improved outlook was supported by 14.4% equipment operating margins and strong growth in construction and forestry, which helped offset softness in large agricultural equipment demand. The company noted that tariff costs and ongoing weakness in high horsepower equipment remain key risks.
Deere & CompanyDeere raised fiscal 2026 net income guidance and reported strong Q3 results with improved outlook.
