---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-007795"
form_type: "8-K"
ticker: "DE"
cik: "0000315189"
company_name: "DEERE & CO"
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T06:19:13.120976+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Deere Q2 net income $1.804B ($6.64 EPS) vs $2.370B prior year; sales down 16%

## Summary
- Net sales $11.171B, down 18% YoY; worldwide net sales and revenues $12.763B, down 16%.
- Production & Precision Ag operating profit $1.148B (-30% YoY) on lower shipment volumes.
- Construction & Forestry operating profit $379M (-43% YoY) driven by lower volumes and unfavorable price realization.
- FY2025 net income guidance broadened to $4.75B–$5.50B; outlook incorporates tariffs in effect as of May 13.
- U.S. large ag industry forecast down ~30%; construction equipment down ~10%.

## SEC filing metadata
- accession: 0001558370-25-007795
- form_type: 8-K
- ticker: DE
- cik: 0000315189
- company_name: DEERE & CO
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315189/000155837025007795/0001558370-25-007795-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315189/000155837025007795/de-20250515x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-007795
- JSON: https://secwatch.observer/filing/0001558370-25-007795.json
- Plain text: https://secwatch.observer/filing/0001558370-25-007795.txt

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