John Deere shares digital growth, tariff costs in Q2 results
John Deere reported a positive quarter of revenue growth in Q2 despite economic difficulties impacting its customers. Deere cited tariffs and fuel prices as challenges facing the agriculture sector, despite a $272 million refund of tariff costs in the quarter. In its fiscal Q2 ended May 3, 2026, Deere said worldwide net revenue grew 5% […] The post John Deere shares digital growth, tariff costs in Q2 results appeared first on Digital Commerce 360.
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John Deere reported a positive quarter of revenue growth in Q2 despite economic difficulties impacting its customers. Deere cited tariffs and fuel prices as challenges facing the agriculture sector, despite a $272 million refund of tariff costs in the quarter. In its fiscal Q2 ended May 3, 2026, Deere said worldwide net revenue grew 5% year over year to $13.
37 billion. For the first half of the fiscal year, net revenue grew 8% to $22. 98 billion. “Our performance in the current market environment demonstrates the strength of our diversified portfolio.
This is particularly reflected in the strong outcomes achieved by our Small Ag and Construction & Forestry divisions during this year,” Deere chairman and chief executive officer John May said in a written statement.
“As we address ongoing challenges within global agricultural markets, our comprehensive portfolio continues to drive market share expansion and support our targets for sustained growth.” News John Deere emphasizes digital scale and connected customers Mark Brohan | Dec 11, 2025
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