Deere (DE) Operating Expenses (2009 - 2026)
Deere (DE) recorded quarterly Operating Expenses of $11.1 billion in Q2 2026, up 26.22% quarter-over-quarter from $8.8 billion in Q1 2026, and up 6.23% on a YoY basis from $10.4 billion in Q2 2025.
Deere (DE) Operating Expenses (2009 - 2026) Analysis & Trends
Deere's Operating Expenses history runs 18 years deep, the most recent figure standing at $11.1 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 6.23% year-over-year to $11.1 billion; the TTM figure through May 2026 stood at $41.2 billion (up 7.22% YoY), while the FY2025 annual figure was $39.4 billion, down 7.25% from the prior year.
- Operating Expenses was $11.1 billion for Q2 2026 at Deere, up from $8.8 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $13.5 billion in Q2 2023 to a low of $7.6 billion in Q1 2025.
- Historically, Operating Expenses has averaged $10.7 billion across 5 years, with a median of $10.8 billion in 2022.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 30.23% in 2022, then retreated 23.64% in 2025.
- A 5-year view of Operating Expenses shows it stood at $12.7 billion in 2022, then slipped by 2.47% to $12.3 billion in 2023, then decreased by 22.0% to $9.6 billion in 2024, then grew by 13.96% to $11.0 billion in 2025, then climbed by 0.98% to $11.1 billion in 2026.
- The last three Operating Expenses figures came in at $11.1 billion (Q2 2026), $8.8 billion (Q1 2026), and $11.0 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 424.10 Bn | 420.03 Bn | 6.11 Bn | 14.33 Bn |
| 2 | Deere | 156.25 Bn | 148.36 Bn | 13.06 Bn | 11.08 Bn |
| 3 | Paccar | 63.14 Bn | 62.45 Bn | 1.36 Bn | 5.65 Bn |
| 4 | Oshkosh | 8.32 Bn | 8.07 Bn | 311.90 Mn | 229.90 Mn |
| 5 | Terex | 6.12 Bn | 5.73 Bn | 206.00 Mn | 241.00 Mn |
| 6 | Blue Bird | 2.24 Bn | 1.97 Bn | 70.65 Mn | 31.53 Mn |
| 7 | Alamo | 1.85 Bn | 1.65 Bn | 104.81 Mn | 57.77 Mn |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 29.34 Mn |
| 9 | Astec Industries | 1.18 Bn | 1.11 Bn | 99.10 Mn | 90.20 Mn |
| 10 | Hyster-Yale | 619.64 Mn | 623.94 Mn | 124.80 Mn | 152.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 11.08 Bn |
| Feb 1, 2026 | 8.78 Bn |
| Nov 2, 2025 | 10.97 Bn |
| Jul 27, 2025 | 10.42 Bn |
| Apr 27, 2025 | 10.43 Bn |
| Jan 26, 2025 | 7.61 Bn |
| Oct 27, 2024 | 9.63 Bn |
| Jul 28, 2024 | 10.80 Bn |
| Apr 28, 2024 | 12.12 Bn |
| Jan 28, 2024 | 9.97 Bn |
| Oct 29, 2023 | 12.34 Bn |
| Jul 30, 2023 | 12.20 Bn |
| Apr 30, 2023 | 13.54 Bn |
| Jan 29, 2023 | 10.16 Bn |
| Oct 30, 2022 | 12.65 Bn |
| Jul 31, 2022 | 11.56 Bn |
| May 1, 2022 | 10.82 Bn |
| Jan 30, 2022 | 8.42 Bn |
| Oct 31, 2021 | 9.71 Bn |
| Aug 1, 2021 | 9.38 Bn |