Josh Beal
Director of Investor Relations
Replay available
Deere & Company (NYSE: DE) Q4 2025 earnings conference call, held 2025-11-26. Replay captured from the company's public earnings webcast.

Director of Investor Relations
Manager, Investor Communications
Chairman and Chief Executive Officer
Chief Financial Officer
President, Worldwide Agriculture and Turf Division
Analyst, Jefferies
Analyst, Truist Securities
Analyst, Oppenheimer
Analyst, Raymond James
Analyst, Evercore ISI
Analyst, Wells Fargo
Analyst, Bernstein
Analyst, UBS
Good morning and welcome to Deere and Company fourth quarter earnings conference call. Your lines have been placed on a listen only until the question and answer session of today's conference. I would now like to turn the call over to Mr. Josh Beal, Director of Investor Relations. Thank you. You may begin. Hello, welcome and thank you for joining us on today's call and happy early Thanksgiving for those of you celebrating tomorrow. Joining me on the call today are John May, Chairman and Chief Executive Officer, Josh Jepson, Chief Financial Officer, Deanna Kovar, President, Worldwide Agriculture and Turf Division, Production and Precision Ag, Americas in Australia, and Chris Seibert, Manager, Investor Communications. Today, we'll take a closer look at Deere's fourth quarter earnings, then spend some time talking about our markets and our current outlook for fiscal 2026. After that, we'll respond to your questions. Please note that slides are available to complement the call this morning. They can be accessed on our website at johndeere.com forward slash earnings. First, a reminder, this call is broadcast live on the internet and recorded for future transmission and use by Deere and Company. Any other use, recording, or transmission of any portion of this copyrighted broadcast without the express written consent of Deere is strictly prohibited. Participants in the call, including the Q&A session, agree that their likeness and remarks in all media may be stored and used as part of the earnings call. This call includes forward-looking statements concerning the company's plans and projections for the future that are subject to uncertainties, risk, changes in circumstances, and other factors that are difficult to predict. Additional information concerning factors that coul...