Business
Deere Reports Second Quarter Net Income of $1.804 Billion
Deere & Company reported net income of $1.804 billion for the second quarter ended April 27, 2025, or $6.64 per share, compared with net income of $2.370 billion, or $8.53 per share, for the quarter ended April 28, 2024. For the first six months of the year, net income attributable to Deere & Company was $2.673 billion, or $9.82 per share, compared with $4.121 billion, or $14.74 per share, for the same period last year.
About this update from Deere & Company
[{"type":"list","items":[{"val":[{"type":"text","content":"Disciplined execution drives strong quarterly performance across all segments.","length":78,"tagName":"p"}]},{"val":[{"type":"text","content":"Employees and dealers showcase resilience in supporting customers amidst heightened uncertainty.","length":101,"tagName":"p"}]},{"val":[{"type":"text","content":"Full-year net income range broadened in response to dynamic environment.","length":72,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":251,"olType":false},{"type":"text","content":"MOLINE, Ill., May 15, 2025 /CNW/ -- Deere & Company reported net income of $1.804 billion for the second quarter ended April 27, 2025, or $6.64 per share, compared with net income of $2.370 billion, or $8.53 per share, for the quarter ended April 28, 2024. For the first six months of the year, net income attributable to Deere & Company was $2.673 billion, or $9.82 per share, compared with $4.121 billion, or $14.74 per share, for the same period last year.","length":467,"tagName":"p"},{"type":"image","alt":"Production & Precision Agriculture Operating Profit Second Quarter 2025 Compared to Second Quarter 2024 $ in millions","displaySize":"","headline":null,"caption":"Production & Precision Agriculture Operating Profit Second Quarter 2025 Compared to Second Quarter 2024 $ in millions","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/cnwgroup.com/627d69c90e7191975654f381afce7cb3"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/JrSYgwygHlAMIVSINRH6FQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/627d69c90e7191975654f381afce7cb3","width":400,"height":225}},"href":"https://mma.prnewswire.com/media/2688000/John_Deer_Graph_1.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Worldwide net sales and revenues decreased 16 percent, to $12.763 billion, for the second quarter of 2025 and decreased 22 percent, to $21.272 billion, for six months. Net sales were $11.171 billion for the quarter and $17.980 billion for six months, compared with $13.610 billion and $24.097 billion last year, respectively.","length":330,"tagName":"p"},{"type":"text","content":""As we navigate the current environment, our customers remain our top priority," said John May, ch...