Deere (DE) Gross Margin (2009 - 2026)

Deere's Gross Margin history runs 18 years deep, the most recent figure standing at 97.71% for Q2 2026.

• In Q2 2026, Gross Margin fell 4.0% year-over-year to 97.71%; the TTM figure through May 2026 stood at 99.28% (up 176.0% YoY), while the FY2025 annual figure was 99.3%, up 173.0% from the prior year.
• Gross Margin for Q2 2026 stood at 97.71%, roughly flat from 97.4% in the prior quarter.
• The five-year high for Gross Margin was 104.42% in Q4 2022, with the low at 96.75% in Q1 2022.
• The 5-year median for Gross Margin is 97.73% (2026), against an average of 98.67%.
• The sharpest annual moves came in 2022 and 2024: Gross Margin surged 6046 bps in 2022, then tumbled 723 bps in 2024.
• Deere's Gross Margin stood at 104.42% in 2022, then dropped by 0 bps to 104.3% in 2023, then declined by 7 bps to 97.07% in 2024, then grew by 7 bps to 104.01% in 2025, then decreased by 6 bps to 97.71% in 2026.
• Business Quant data shows DE's Gross Margin at 97.71% in Q2 2026, 97.4% in Q1 2026, and 104.01% in Q4 2025.