Deere (DE) Operating Expenses (2009 - 2026)
Deere (DE) posted quarterly Operating Expenses of $11.1 billion for Q2 2026, up 6.23% year-over-year from $10.4 billion in Q2 2025, and up 26.22% quarter-over-quarter from $8.8 billion in Q1 2026.
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 for Q2 2026 stood at $11.1 billion, up from $8.8 billion in the prior quarter.
- The five-year high for Operating Expenses was $13.5 billion in Q2 2023, with the low at $7.6 billion in Q1 2025.
- The 5-year median for Operating Expenses is $10.8 billion (2022), against an average of $10.7 billion.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 30.23% in 2022, then fell 23.64% in 2025.
- Deere's Operating Expenses stood at $12.7 billion in 2022, then decreased by 2.47% to $12.3 billion in 2023, then retreated by 22.0% to $9.6 billion in 2024, then climbed by 13.96% to $11.0 billion in 2025, then advanced by 0.98% to $11.1 billion in 2026.
- Business Quant data shows DE's Operating Expenses at $11.1 billion in Q2 2026, $8.8 billion in Q1 2026, and $11.0 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 389.45 Bn | 382.74 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Deere | 166.73 Bn | 158.83 Bn | 13.06 Bn | 11.08 Bn |
| 3 | Paccar | 69.75 Bn | 61.09 Bn | 1.56 Bn | 6.23 Bn |
| 4 | CNH Industrial | 13.35 Bn | 11.48 Bn | 1.41 Bn | 751.00 Mn |
| 5 | Oshkosh | 9.77 Bn | 9.37 Bn | 480.30 Mn | 237.10 Mn |
| 6 | Terex | 7.65 Bn | 7.25 Bn | 444.00 Mn | 209.00 Mn |
| 7 | Agco | 7.25 Bn | 6.68 Bn | 645.90 Mn | 335.70 Mn |
| 8 | Blue Bird | 2.25 Bn | 2.14 Bn | 103.37 Mn | 40.71 Mn |
| 9 | Alamo | 2.08 Bn | 1.88 Bn | 110.86 Mn | 60.08 Mn |
| 10 | Lindsay | 1.20 Bn | 1.04 Bn | 47.83 Mn | 29.32 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 |