Machinery
Price
$693.53
-0.13%Market Cap
$186.99B
Day High
$702.45
Day Low
$690.83
Deere & Company reported higher third-quarter fiscal 2026 sales and earnings as construction and small agriculture growth offset continued large-equipment weakness, with tariff recoveries supporting margins.
Key risk: Large agriculture equipment downturn
The Production & Precision Agriculture segment, Deere's largest at 32.2% of segment revenue, reported a 6.3% year-over-year revenue decline and lower operating profit in Q3 FY2026, driven by lower shipment volumes in North America and Brazil. Persistent weakness in large agricultural equipment could weigh on overall results.