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Deere (DE) free cash flow by quarter

Deere's free cash flow was $1.9B in Q3 FY26 (third quarter fiscal 2026), +12% from Q2 FY26. Over the last 6 quarters it ranged from $1.5B (Q2 FY25) to $4.5B (Q4 FY24).

Deere free cash flow by quarterDeere free cash flow by quarter$4.5BQ4 FY24$1.5BQ2 FY25$2.6BQ3 FY25$3.5BQ4 FY25$1.7BQ2 FY26$1.9BQ3 FY26
QuarterFree cash flowQ/QY/Y
Q3 FY26$1.9B+12%-25%
Q2 FY26$1.7B-50%+16%
Q4 FY25$3.5B+34%-22%
Q3 FY25$2.6B+74%—
Q2 FY25$1.5B-67%—
Q4 FY24$4.5B——

Q3 FY26 at a glance

Deere, Q3 FY26: revenue $12.6B (+5% year over year), operating margin 14.9%, net earnings $1.4B, operating cash flow $2.2B. The chart follows the revenue to costs, profit and cash.

Questions

What is Deere's free cash flow?

Deere's free cash flow was $1.9B in Q3 FY26 (third quarter fiscal 2026), +12% from Q2 FY26.

How has Deere's free cash flow changed?

Over the last 6 quarters it ranged from $1.5B (Q2 FY25) to $4.5B (Q4 FY24).

Q3 FY26 results → · How Deere makes money →