Deere (DE) Research & Development (2009 - 2026)
Deere (DE) recorded Research & Development of $567 million in fiscal Q3 2026 (quarter ended Aug 2, 2026), up 2.0% from $556 million a year earlier but down 2.7% from the prior quarter.
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Analysis
Deere (DE) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Deere's Research & Development came in at $2.38 billion as of Aug 2, 2026, up 5.6% year-over-year; for FY2025 (ended Nov 2, 2025), it was $2.31 billion, up 0.9% from FY2024.
- Annual Research & Development has increased for four straight fiscal years, with a five-year compound annual growth rate of 7.0% (FY2020 to FY2025).
- Across earlier fiscal years, Research & Development came in at $2.29 billion in FY2024 (+5.2%), $2.18 billion in FY2023 (+13.9%), $1.91 billion in FY2022 (+20.5%) and $1.59 billion in FY2021 (-3.5%).
- Quarterly Research & Development has ranged from $402 million in fiscal Q1 2022 to $680 million in fiscal Q4 2025 over the past five years.
- On a year-over-year basis, Research & Development has increased for four consecutive quarters, with growth averaging 2.4% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 28.0% in fiscal Q4 2022, against a decline of 2.8% in fiscal Q2 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $583 million (Q2 2026), $554 million (Q1 2026) and $680 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.37 Bn | 323.07 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Amphenol | 209.04 Bn | 203.63 Bn | 3.55 Bn | - |
| 3 | Deere | 173.76 Bn | 141.85 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 165.23 Bn | 162.42 Bn | 2.86 Bn | 227.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | - |
| 6 | Emerson Electric | 90.68 Bn | 83.42 Bn | 2.66 Bn | - |
| 7 | Vertiv Holdings | 90.65 Bn | 81.27 Bn | 1.23 Bn | - |
| 8 | 3M | 83.69 Bn | 65.09 Bn | 2.68 Bn | 302.00 Mn |
| 9 | Illinois Tool Works | 75.68 Bn | 72.24 Bn | 1.90 Bn | - |
| 10 | Cummins | 72.28 Bn | 68.36 Bn | 2.47 Bn | 385.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 567.00 Mn |
| May 3, 2026 | 583.00 Mn |
| Feb 1, 2026 | 554.00 Mn |
| Nov 2, 2025 | 680.00 Mn |
| Jul 27, 2025 | 556.00 Mn |
| Apr 27, 2025 | 549.00 Mn |
| Jan 26, 2025 | 526.00 Mn |
| Oct 27, 2024 | 626.00 Mn |
| Jul 28, 2024 | 567.00 Mn |
| Apr 28, 2024 | 565.00 Mn |
| Jan 28, 2024 | 533.00 Mn |
| Oct 29, 2023 | 606.00 Mn |
| Jul 30, 2023 | 528.00 Mn |
| Apr 30, 2023 | 547.00 Mn |
| Jan 29, 2023 | 495.00 Mn |
| Oct 30, 2022 | 576.00 Mn |
| Jul 31, 2022 | 481.00 Mn |
| May 1, 2022 | 453.00 Mn |
| Jan 30, 2022 | 402.00 Mn |
| Oct 31, 2021 | 450.00 Mn |
API Access
Deere Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=DE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "DE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=DE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();