DEERE $DE Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $11.0B (Est. $10.74B) 🟢; +6% YoY 🔹 EPS: $5.10 (Est. $4.71) 🟢; +7% YoY 🔹 Net Income: $1.4B (Est. $1.27B) 🟢; +7% YoY 🔹 Construction & Forestry Sales: $3.6B; +18% YoY Raises FY26 Guide: 🔹 Net Income: $4.75B-$5.00B; from improved guidance 🔹 Large Ag: -15% to -20% 🔹 Small Ag & Turf: Flat to +5% 🔹 Construction Equipment: +5% to +10% 🔹 Compact Construction Equipment: ~+5% 🔹 Global Forestry: -~10% 🔹 Global Roadbuilding: ~+10% 🔹 PPA Net Sales: -~10%; FX +2.5%; Price ~+1.0% 🔹 SAT Net Sales: ~+15%; FX +0.5%; Price ~+1.5% 🔹 C&F Net Sales: ~+20%; FX +1.5%; Price ~+3.0% 🔹 Financial Services Net Income: ~$870M Segment Net Revenue: 🔹 C&F: $3.6B; +18% YoY 🔹 Financial Services: $219M; +7% YoY Other Q3 Metrics: 🔹 Total Operating Profit: $1.9B; +18% YoY 🔹 Operating Cash Flow: $3.3B Comments: 🔸 “As we look ahead, we continue to believe 2026 will mark the bottom of the current ag equipment cycle.” 🔸 “Across our business, early order program trends, improving used-equipment inventories, and increasing customer adoption of our advanced technologies give us confidence that Deere is well positioned for long-term value creation.”