Ambivalent is perhaps the term that best describes John Deere’s performance in the first quarter of fiscal year 2026, which ended on January 31
The American multinational recorded revenue of $9.611 billion, a 13 percent increase compared to the same period in 2025.
Despite this growth, net profits for the first quarter of 2026 remained at $656 million, down 25 percent from $869 million in 2025. Given this, John Deere expects to close the fiscal year with net profits of between $4.5 billion and $5 billion, up from the previous forecast of between $4 billion and $4.75 billion.
In the meantime, it has launched new high-power versions, 524, 579 and 634 horsepower, of the “8R/Rx” series tractors, machines that will be presented in detail in the next issue of the magazine.
Title: John Deere: the first quarter is ambivalent
Translation with Google
