Deere & Company reported third-quarter 2026 net income of $1.379 billion, or $5.10 per share, for the period ended August 2, up from $1.289 billion, or $4.75 per share, a year earlier. Worldwide net sales and revenues rose 5% to $12.608 billion, while net sales increased to $10.999 billion from $10.357 billion. For the first nine months, net income attributable to Deere fell 4% to $3.808 billion, or $14.06 per share, despite a 7% increase in net sales and revenues to $35.589 billion. Fiscal 2026 net income guidance was set at $4.75 billion to $5.00 billion. Chairman and chief executive officer John C. May said early order-program trends, improving used-equipment inventories and greater customer adoption of advanced technologies support the view that 2026 will mark the bottom of the current agricultural-equipment cycle. Quarterly sales declined 6% in Production & Precision Agriculture but rose 12% in Small Agriculture & Turf and 18% in Construction & Forestry. Deere recorded tariff recoveries of $110 million in the quarter and $382 million for the first nine months.