The company also projects $5B-$5.5B in equipment operations cash flow for the fiscal year.
Deere & Company raised its full-year 2026 net income outlook to a range of $4.75 billion to $5.00 billion, citing strong operational performance. The revised forecast follows a Q3 2026 quarter where equipment operations achieved a 14.4% operating margin.
Management highlighted cost discipline and improved inventory health as key drivers behind the upward revision. The company now expects equipment operations cash flow between $5 billion and $5.5 billion for the fiscal year.
The announcement reflects continued strength in Deere’s core business amid ongoing demand for agricultural and construction equipment.