When will Deere report Q2 earnings?

Deere will report Q2 fiscal 2025 earnings on May 21, 2026.

Why are Deere's earnings expected to decline despite higher revenue?

Due to weak farm economics and tariff-related cost headwinds that compress margins in the precision agriculture segment.

What is Deere's precision agriculture segment?

It is the Production & Precision Agriculture segment, focusing on smart equipment and automation systems to improve farming efficiency.

How have tariffs impacted Deere?

Tariffs have increased costs for imported raw materials and components, squeezing profit margins, particularly in the precision agriculture segment.

Deere Q2 Earnings Preview: Profit Decline Expected Despite Revenue Growth

Deere & Company (DE) is set to report Q2 fiscal 2025 earnings on May 21, with analysts expecting year-over-year earnings declines despite higher revenue, amid weak farm economics and tariff-related cost headwinds impacting its precision agriculture segment.

Deere & Company (NYSE: DE) will release its second-quarter fiscal 2025 earnings on May 21, with expectations of lower year-over-year earnings despite higher revenue. The company's Production & Precision Agriculture segment faces pressure from weak farm economics and tariff-related cost increases, creating a tension between near-term profitability and long-term automation investments.

Key Financial Metrics

Metric	Q2 2025 (Est.)	Q2 2024	Change
Revenue	Higher	—	▲
Net Income	Lower	—	▼
EPS	Lower	—	▼

*Exact figures will be released in the official report.

Key Highlights

Analysts highlight margin compression in the Production & Precision Agriculture segment, which is a key growth driver for Deere. Weak farmer income and higher raw material costs due to tariffs are squeezing profitability in this segment.

Guidance

No official guidance has been issued yet, but management is expected to provide an updated full-year outlook during the earnings call.

Stock Impact

DE shares have edged lower over the past week as investors await results. A significant move is expected if numbers miss estimates, especially given ongoing concerns about the agricultural sector.

What This Means for Investors

Deere's upcoming results highlight the structural challenges facing the agricultural equipment industry, where innovation in precision agriculture conflicts with short-term economic headwinds. Investors should watch management's commentary on cost-cutting strategies and tariff impact on supply chains.