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 99.78% (up 226.0% YoY), while the FY2025 annual figure was 99.82%, up 225.0% from the prior year.
• Gross Margin was 97.71% for Q2 2026 at Deere, roughly flat from 97.4% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 105.93% in Q4 2025 to a low of 96.75% in Q1 2022.
• Historically, Gross Margin has averaged 98.06% across 5 years, with a median of 97.73% in 2026.
• The sharpest annual moves came in 2022 and 2025: Gross Margin sank 1077 bps in 2022, then jumped 886 bps in 2025.
• A 5-year view of Gross Margin shows it stood at 97.93% in 2022, then dropped by 0 bps to 97.92% in 2023, then declined by 1 bps to 97.07% in 2024, then climbed by 9 bps to 105.93% in 2025, then retreated by 8 bps to 97.71% in 2026.
• The last three Gross Margin figures came in at 97.71% (Q2 2026), 97.4% (Q1 2026), and 105.93% (Q4 2025), per Business Quant data.