---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-010220"
form_type: "8-K"
ticker: "DE"
cik: "0000315189"
company_name: "DEERE & CO"
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T20:10:08.664836+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "medium"
source: SEC EDGAR
---

# Deere H1 FY2023 net sales $27.5B (+34% YoY), operating profit $6.1B (+84% YoY)

## Summary
- Net sales for six months ended Apr 30, 2023: $27.48B vs $20.57B in prior year period.
- Operating profit $6.14B (22.3% of sales) vs $3.33B (16.2%) YoY.
- Production & Precision Ag segment: net sales $13.02B (+54% YoY), operating profit $3.38B.
- Financial Services segment net income $212M vs $439M YoY, down 52%.
- Construction & Forestry net sales $7.31B (+24% YoY), operating profit $1.46B.

## SEC filing metadata
- accession: 0001558370-23-010220
- form_type: 8-K
- ticker: DE
- cik: 0000315189
- company_name: DEERE & CO
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: medium
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315189/000155837023010220/0001558370-23-010220-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315189/000155837023010220/de-20230519x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-010220
- JSON: https://secwatch.observer/filing/0001558370-23-010220.json
- Plain text: https://secwatch.observer/filing/0001558370-23-010220.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.