DafinchiThis quarter's result reflects strong execution across all business segments.
DE2026 Q3Industrial
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Deere & Company 2026 Q3: Financial Performance summary
Financial Performance Summary
- C&F maintained sales guidance of approximately 20% year-over-year growth and narrowed full-year margin guidance to 10.5% to 11.5%.
- Company commentary highlighted the business delivered results above company and consensus expectations for both revenue and profitability.
- For small ag and turf, management said the favorable impact from IEPA refunds and adjustments to Section 32 tariff policies improved full-year financial performance.
- Management said Q3 results reflected strong execution across all segments, with factories exceeding expectations on production output and disciplined execution plus favorable price realization.
- The quarter included $110 million of incremental tariff-related refunds in Q3, slightly above expectations, tied to Phase II AIPA refund approvals timing.
- Total refunds recognized in fiscal 2026 now stand at $382 million.