---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-011453"
form_type: "8-K"
ticker: "DE"
cik: "0000315189"
company_name: "DEERE & CO"
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:44:51.884454+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Deere Q3 net income falls 26%; FY guidance narrowed to $4.75-$5.25B

## Summary
- Net income $1.289B ($4.75 EPS) vs $1.734B ($6.29) year ago, down 26%; revenue $12.018B down 9%.
- FY 2025 net income guidance narrowed to $4.75B-$5.25B; management cites cautious customers and used equipment overhang.
- Production & Precision Ag sales $4.273B (-16% YoY); operating profit $580M (-50%); margin 13.6% vs 22.8%.
- Construction & Forestry sales $3.059B (-5%); op profit $237M (-47%); margin 7.7% vs 13.8%; tariffs cited as headwind.
- Financial Services net income $205M (+34%) on lower provision for credit losses and prior year special items.

## SEC filing metadata
- accession: 0001558370-25-011453
- form_type: 8-K
- ticker: DE
- cik: 0000315189
- company_name: DEERE & CO
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315189/000155837025011453/0001558370-25-011453-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315189/000155837025011453/de-20250814x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-011453
- JSON: https://secwatch.observer/filing/0001558370-25-011453.json
- Plain text: https://secwatch.observer/filing/0001558370-25-011453.txt

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