secwatch.observer — SEC 8-K summary
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Issuer:     DEERE & CO (DE)
CIK:        0000315189
Form:       8-K
Filed at:   2025-11-26T23:59:59+00:00
Accession:  0001104659-25-116130
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Deere Q4 net income $1.065B ($3.93 EPS), down 14% YoY; guides FY2026 $4-4.75B
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- Q4 net sales $12.394B up 11% YoY; net income $1.065B down 14%; EPS $3.93 vs $4.55.
- Full-year net income $5.027B ($18.50 EPS) vs $7.100B ($25.62) in FY2024, down 29%.
- Segment: Construction & Forestry net sales +27% to $3.382B; Small Ag & Turf operating profit plunged 89% to $25M.
- FY2026 guidance: net income range $4.00B-$4.75B; large ag expected down 15-20%, small ag & turf flat to up 5%.
- CEO states 2026 likely bottom of large ag cycle; tariffs and inventory management key focus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315189/000110465925116130/0001104659-25-116130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315189/000110465925116130/de-20251126x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-116130

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