Key Takeaways
- Deere & Company (DE) significantly surpassed analyst expectations for its third-quarter 2025 financial results, with revenue reaching $12.018 billion against an estimate of $10.311 billion, and diluted earnings per share (EPS) hitting $4.75 compared to an estimate of $4.63.
- Despite the strong Q3 performance, the company slightly narrowed its full-year net income outlook for fiscal year 2025 to a range of $4.75 billion to $5.25 billion, from a previous range of $4.75 billion to $5.50 billion.
- Q3 net income stood at $1.289 billion, marginally above the estimated $1.28 billion, though the reported EPS of $4.75 marked a decline from $6.29 in the same period last year.
- Sales in the crucial Production and Precision Agriculture segment came in at $4.27 billion, falling short of the estimated $4.42 billion.
Deere & Company (DE) reported robust third-quarter 2025 earnings that largely exceeded Wall Street's projections, driven by stronger-than-anticipated revenue. The agricultural and heavy equipment giant posted Q3 revenue of $12.018 billion, significantly higher than the IBES estimate of $10.311 billion. This revenue beat underscores resilient demand in key markets.
The company's diluted EPS for Q3 2025 was $4.75, also surpassing the analyst consensus of $4.63. Net income for the quarter reached $1.289 billion, slightly above the estimated $1.28 billion. Despite these strong figures, the Q3 EPS of $4.75 represented a year-over-year decline from $6.29.
Looking ahead, Deere (DE) adjusted its full-year fiscal 2025 net income guidance. The company now anticipates full-year net income to be between $4.75 billion and $5.25 billion. This is a slight downward revision from its prior forecast of $4.75 billion to $5.50 billion, suggesting a more cautious outlook for the remainder of the fiscal year.
While overall results were positive, the Production and Precision Agriculture net sales for the quarter were $4.27 billion, which fell short of the $4.42 billion estimate. This segment's performance highlights a potential area of weakness within the company's otherwise strong earnings report.

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.