---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-000892"
form_type: "8-K"
ticker: "DE"
cik: "0000315189"
company_name: "DEERE & CO"
filed_at: "2025-02-13T23:59:59+00:00"
generated_at: "2026-05-26T22:27:58.705733+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Deere Q1 net income falls 50% to $869M; EPS $3.19; reaffirms FY2025 outlook

## Summary
- Net sales and revenues $8.51B, down 30% YoY; net sales $6.81B vs $10.49B.
- Production & Precision Ag sales down 37%, operating profit down 68%.
- Construction & Forestry operating profit down 89% to $65M; sales down 38%.
- Fiscal 2025 net income forecast unchanged at $5.0B-$5.5B.
- Industry outlook: US large ag down ~30%, construction equipment down ~10%.

## SEC filing metadata
- accession: 0001558370-25-000892
- form_type: 8-K
- ticker: DE
- cik: 0000315189
- company_name: DEERE & CO
- filed_at: 2025-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315189/000155837025000892/0001558370-25-000892-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315189/000155837025000892/de-20250213x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-000892
- JSON: https://secwatch.observer/filing/0001558370-25-000892.json
- Plain text: https://secwatch.observer/filing/0001558370-25-000892.txt

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