Quick Answer
DEERE & CO reported R&D Expense of $2.31 billion for fiscal year 2025.
DEERE & CO R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $2.31B | +0.9% |
| 2024 | $2.29B | +5.2% |
| 2023 | $2.18B | +13.9% |
| 2022 | $1.91B | +20.5% |
| 2021 | $1.59B | -3.5% |
| 2020 | $1.64B | -7.8% |
| 2019 | $1.78B | +7.5% |
| 2018 | $1.66B | +20.8% |
| 2017 | $1.37B | -1.5% |
| 2016 | $1.39B | -2.2% |
| 2015 | $1.43B | -1.9% |
| 2014 | $1.45B | -1.7% |
| 2013 | $1.48B | +3.0% |
| 2012 | $1.43B | +16.9% |
| 2011 | $1.23B | +16.5% |
| 2010 | $1.05B | +7.7% |
| 2009 | $977.00M | +3.6% |
| 2008 | $943.10M | +15.5% |
| 2007 | $816.80M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| January 31, 2026 | $554.00M | +5.3% | -0.4% |
| July 31, 2025 | $556.00M | -1.9% | +1.3% |
| April 30, 2025 | $549.00M | -2.8% | +4.4% |
| January 31, 2025 | $526.00M | -1.3% | -7.2% |
| July 31, 2024 | $567.00M | +7.4% | +0.4% |
| April 30, 2024 | $565.00M | +3.3% | +6.0% |
| January 31, 2024 | $533.00M | +7.7% | +0.9% |
| July 31, 2023 | $528.00M | +9.8% | -3.5% |
- DEERE & CO showed an increase of +0.9% in R&D Expense compared to the prior fiscal year.
- Over the 2007–2025 period, DEERE & CO’s r&d expense has grown by 182.9% (from $816.80 million to $2.31 billion).
- The most recent figure is from DEERE & CO’s fiscal year 2025 report (Form 10-K), filed with the SEC on December 18, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: