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Compared to Estimates, Deere (DE) Q4 Earnings: A Look at Key Metrics

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Deere (DE - Free Report) reported $10.58 billion in revenue for the quarter ended October 2025, representing a year-over-year increase of 14.1%. EPS of $3.93 for the same period compares to $4.55 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $9.99 billion, representing a surprise of +5.92%. The company delivered an EPS surprise of -0.76%, with the consensus EPS estimate being $3.96.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Deere performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Net Sales and Revenues- Production & precision ag net sales: $4.74 billion compared to the $4.61 billion average estimate based on five analysts. The reported number represents a change of +10.1% year over year.
  • Net Sales and Revenues- Agriculture and Turf (Production & precision ag net sales + Small ag & turf net sales): $7.2 billion compared to the $6.8 billion average estimate based on five analysts. The reported number represents a change of +9% year over year.
  • Net Sales and Revenues- Equipment Operations- Net sales: $10.58 billion versus the five-analyst average estimate of $9.9 billion. The reported number represents a year-over-year change of +14.1%.
  • Net Sales and Revenues- Small ag & turf net sales: $2.46 billion compared to the $2.2 billion average estimate based on five analysts. The reported number represents a change of +6.6% year over year.
  • Net Sales and Revenues- Construction & forestry net sales: $3.38 billion versus the five-analyst average estimate of $3.1 billion. The reported number represents a year-over-year change of +27%.
  • Net Sales and Revenues- Other revenues: $267 million versus $311.55 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -22.8% change.
  • Net Sales and Revenues- Financial services revenues: $1.55 billion compared to the $1.57 billion average estimate based on three analysts. The reported number represents a change of +1.7% year over year.
  • Net Sales and Revenues- Financial services- Other Income: $171 million versus $126.74 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +46.2% change.
  • Net Sales and Revenues- Financial services- Total: $1.67 billion versus $1.7 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -0.9% change.
  • Net Sales and Revenues- Financial services- Finance and Interest Income: $1.5 billion compared to the $1.58 billion average estimate based on three analysts. The reported number represents a change of -4.4% year over year.
  • Net Sales and Revenues- Net sales: $10.58 billion compared to the $9.89 billion average estimate based on three analysts. The reported number represents a change of -5.1% year over year.
  • Net Sales and Revenues- Equipment Operations- Other income: $242 million versus the three-analyst average estimate of $247.22 million. The reported number represents a year-over-year change of -11.7%.

View all Key Company Metrics for Deere here>>>

Shares of Deere have returned +6.4% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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