Deere (DE) Research & Development (2009 - 2026)

Deere (DE) recorded quarterly Research & Development of $583.0 million in Q2 2026, up 5.23% quarter-over-quarter from $554.0 million in Q1 2026, and up 6.19% on a YoY basis from $549.0 million in Q2 2025.

Deere (DE) Research & Development (2009 - 2026) Analysis & Trends

Deere's Research & Development history runs 18 years deep, the most recent figure standing at $583.0 million for Q2 2026.

  • In Q2 2026, Research & Development rose 6.19% year-over-year to $583.0 million; the TTM figure through May 2026 stood at $2.4 billion (up 4.63% YoY), while the FY2025 annual figure was $2.3 billion, up 0.92% from the prior year.
  • Research & Development was $583.0 million for Q2 2026 at Deere, up from $554.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $680.0 million in Q4 2025 to a low of $402.0 million in Q1 2022.
  • Historically, Research & Development has averaged $545.9 million across 5 years, with a median of $551.5 million in 2025.
  • The sharpest annual moves came in 2022 and 2025: Research & Development gained 28.0% in 2022, then retreated 2.83% in 2025.
  • A 5-year view of Research & Development shows it stood at $576.0 million in 2022, then increased by 5.21% to $606.0 million in 2023, then grew by 3.3% to $626.0 million in 2024, then advanced by 8.63% to $680.0 million in 2025, then declined by 14.26% to $583.0 million in 2026.
  • The last three Research & Development figures came in at $583.0 million (Q2 2026), $554.0 million (Q1 2026), and $680.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Caterpillar 424.10 Bn 420.03 Bn 6.11 Bn 537.00 Mn
2 Deere 156.25 Bn 148.36 Bn 13.06 Bn 583.00 Mn
3 Paccar 63.14 Bn 62.45 Bn 1.36 Bn 109.10 Mn
4 Oshkosh 8.32 Bn 8.07 Bn 311.90 Mn -
5 Terex 6.12 Bn 5.73 Bn 206.00 Mn -
6 Blue Bird 2.24 Bn 1.97 Bn 70.65 Mn -
7 Alamo 1.85 Bn 1.65 Bn 104.81 Mn -
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 4.08 Mn
9 Astec Industries 1.18 Bn 1.11 Bn 99.10 Mn -
10 Hyster-Yale 619.64 Mn 623.94 Mn 124.80 Mn -

Historic Data

Download Data
DateValue
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
Aug 1, 2021 394.00 Mn