Deere Q3 earnings decline, tariff costs could reach $600M

Net income was $1.289B vs. $1.734B year ago

By: QCBJ News Staff|August 15, 2025

|3 min read

Deere & Co. reported better-than-expected third quarter earnings of $1.289 billion, or $4.75 per share, but still well below $1.73 billion the Moline-based global equipment-maker reported the previous year. In the earnings report, released Thursday, Aug. 14, the company cited tariff costs as a major reason for the decline.

John Deere…

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Deere Q3 earnings decline, tariff costs could reach $600M

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