Exceptional Execution Amidst Market Challenges
Deere delivered a better-than-expected second quarter with an 18.8% margin for equipment operations, demonstrating exceptional execution despite challenging market dynamics.
Strong Operational Performance
Net sales increased sequentially, and margins were down year-over-year but grew sequentially to just under 19% for the quarter, showcasing strong operational performance.
Significant Investment in U.S. Manufacturing
John Deere plans to invest $20 billion in the U.S. over the next decade, focusing on new product development, cutting-edge technologies, and advanced manufacturing.
Expansion of Precision Technology
The Precision Essentials package saw strong adoption, with nearly 10,000 orders globally in the first half of fiscal 2025, exceeding the entire fiscal 2024 order count in just six months.
Continued Growth in Precision Ag Solutions
In 2025, over 1,000 new orders for See & Spray were received, increasing the population of machines significantly and demonstrating greater utilization and investment by customers.