---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-008342"
form_type: "8-K"
ticker: null
cik: "0000027673"
company_name: "DEERE JOHN CAPITAL CORP"
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T21:52:38.999874+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# John Deere Capital Corp Q2 net income dips 3% to $126M; revenue up 29% to $1.2B

## Summary
- Q2 FY2024 net income $126M vs $130M (-3% YoY); YTD net income $301M vs $268M (+12%).
- Q2 revenue $1,199M (+29%); YTD revenue $2,360M (+34%); ending portfolio $59.2B (+15%).
- Higher provision for credit losses and less-favorable spreads weighed on Q2 net income, partly offset by higher average portfolio balances.
- YTD net income improved on higher average portfolio balances and lower dealer financing incentives.

## SEC filing metadata
- accession: 0001558370-24-008342
- form_type: 8-K
- cik: 0000027673
- company_name: DEERE JOHN CAPITAL CORP
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27673/000155837024008342/0001558370-24-008342-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27673/000155837024008342/jdcc-20240516x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-008342
- JSON: https://secwatch.observer/filing/0001558370-24-008342.json
- Plain text: https://secwatch.observer/filing/0001558370-24-008342.txt

## Key facts
- Earnings Releases
  DEERE JOHN CAPITAL CORP reported financial results for second quarter of fiscal year 2024.
  - Period: second quarter of fiscal year 2024
  - Result: reported results
  source text: John Deere Capital Corporation’s (JDCC) revenue, net income, and ending portfolio balance for the second quarter and first six months of fiscal year 2024, are set forth below
  evidence_url: https://www.sec.gov/Archives/edgar/data/27673/000155837024008342/0001558370-24-008342-index.htm

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