Machinery
Price
$621.27
-1.01%Market Cap
$167.7B
Day High
$638.99
Day Low
$615.12
Deere & Company posted Q2 FY2026 revenue of $13.37B (+4.7% YoY) but net income slipped 1.7% to $1.77B as higher costs offset top-line growth, while operating cash flow surged 83.5% year-to-date to $1.04B.
Key risk: Margin Compression from Rising Costs
Despite a 4.7% revenue increase, net income fell 1.7% as R&D and SG&A expenses grew. If cost inflation continues to outpace revenue growth, profitability could deteriorate further in subsequent quarters.