Deere & Company (DE) — Financial statements
Income statement, balance sheet, and cash flow for Deere & Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 44,665↓11.6% | 50,518↓16.1% | 60,248↑17.5% | 51,282↑19.2% | 43,033 | |
| Cost of Revenue | 28,370↓8.6% | 31,023↓18.2% | 37,942↑6.7% | 35,552↑21.3% | 29,318 | |
| Gross Profit | 16,295↓16.4% | 19,495↓12.6% | 22,306↑41.8% | 15,730↑14.7% | 13,715 | |
| Operating Expenses | ||||||
| R&D Expenses | 2,311↑0.9% | 2,290↑5.2% | 2,177↑13.9% | 1,912↑20.5% | 1,587 | |
| General & Administrative Expenses | 4,241↓5.9% | 4,507↑4.6% | 4,309↑18.2% | 3,645↑13.9% | 3,200 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 4,241↓5.9% | 4,507↑4.6% | 4,309↑18.2% | 3,645↑13.9% | 3,200 | |
| Other Expenses | 1,327↑4.4% | 1,271↑3.4% | 1,229↑7.1% | 1,147↓9.3% | 1,265 | |
| Operating Expenses | 7,879↓2.3% | 8,068↑4.6% | 7,715↑15.1% | 6,704↑10.8% | 6,052 | |
| Total Costs & Expenses | 36,249↓7.3% | 39,091↓14.4% | 45,657↑8.0% | 42,256↑19.5% | 35,370 | |
| Operating Results | ||||||
| Operating Income | 8,416↓26.3% | 11,427↓21.7% | 14,591↑61.7% | 9,026↑17.8% | 7,663 | |
| Depreciation & Amortization | 2,229↑5.2% | 2,118↑5.7% | 2,004↑5.8% | 1,895↓7.6% | 2,050 | |
| EBITDA | 11,656↓20.6% | 14,672↓16.0% | 17,476↑44.6% | 12,084↑13.5% | 10,645 | |
| EBIT | 9,427↓24.9% | 12,554↓18.9% | 15,472↑51.9% | 10,189↑18.5% | 8,595 | |
| Interest & Other Income | ||||||
| Net Interest Income | -3,170↑5.3% | -3,348↓36.5% | -2,453↓131.0% | -1,062↓6.9% | -993 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 3,170↓5.3% | 3,348↑36.5% | 2,453↑131.0% | 1,062↑6.9% | 993 | |
| Non-Operating Income | -1,011↑10.3% | -1,127↓27.9% | -881↑24.2% | -1,163↓24.8% | -932 | |
| Other Income / Expenses | -2,159↑3.8% | -2,245↓43.5% | -1,565↓1509.9% | 111↑377.5% | -40 | |
| Income Before Tax | 6,257↓31.9% | 9,182↓29.5% | 13,026↑42.6% | 9,137↑19.9% | 7,623 | |
| Income Tax Expense | 1,259↓39.9% | 2,094↓27.1% | 2,871↑43.0% | 2,007↑21.0% | 1,658 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 4,998↓29.5% | 7,088↓30.2% | 10,155↑42.4% | 7,130↑19.5% | 5,965 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 5,027↓29.2% | 7,100↓30.2% | 10,166↑42.6% | 7,131↑19.6% | 5,963 | |
| Bottom-Line Net Income | 5,027↓29.2% | 7,100↓30.2% | 10,166↑42.6% | 7,131↑19.6% | 5,963 | |
| EPS (Basic) | 18.56↓27.8% | 25.72↓26.1% | 34.80↑48.6% | 23.42↑22.4% | 19.14 | |
| EPS (Diluted) | 18.50↓27.8% | 25.62↓26.0% | 34.63↑48.8% | 23.28↑22.6% | 18.99 | |
| Weighted Average Shares | 271↓1.8% | 276↓5.5% | 292↓4.0% | 305↓2.3% | 312 | |
| Weighted Average Diluted Shares | 272↓1.9% | 277↓5.6% | 294↓4.1% | 306↓2.5% | 314 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.