Deere & Company reported its financial results for the second quarter, revealing a net income of $1.804 billion, down from $2.370 billion in the same period last year. Earnings per share also experienced a decline, standing at $6.64 compared to $8.53 in the previous year. For the first six months of 2025, net income was $2.673 billion, a significant decrease from the $4.121 billion reported for the same period in 2024. Worldwide net sales and revenues for the second quarter decreased by 16% to $12.763 billion, and by 22% to $21.272 billion for the six-month period. The company's net sales for the quarter were $11.171 billion, compared to $13.610 billion the previous year. Similarly, net sales for the first half of the year were $17.980 billion, down from $24.097 billion in 2024. Deere & Company's performance amidst a challenging market environment was supported by disciplined execution across all segments, with employees and dealers demonstrating resilience in customer support. The company has broadened its full-year net income range as a response to the dynamic environment, highlighting the company's adaptability and focus on maintaining high-quality service and products for its customers.