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News Release Exhibit 99.1 ( Furnished herewith ) JOHN DEERE Media Inquiries : Public Relations @ John Deere.com Deere Reports Third Quarter Net Income of $ 1.379 Billion Disciplined execution drives stronger - than - expected results in a dynamic market . Net income guidance improved to $ 4.75 billion to $ 5.00 billion . • Order book trends reinforce 2026 as the bottom of the ag equipment cycle . MOLINE , Illinois ( August 20 , 2026 ) — Deere & Company reported net income of $ 1.379 billion for the third quarter ended August 2 , 2026 , or $ 5.10 per share , compared with net income of $ 1.289 billion , or $ 4.75 per share , for the quarter ended July 27 , 2025. For the first nine months of the year , net income attributable to Deere & Company was $ 3.808 billion , or $ 14.06 per share , compared with $ 3.962 billion , or $ 14.57 per share , for the same period last year . Worldwide net sales and revenues increased 5 percent , to $ 12.608 billion , for the third quarter of 2026 and rose 7 percent , to $ 35.589 billion , for nine months . Net sales were $ 10.999 billion for the quarter and $ 30.779 billion for nine months , compared with $ 10.357 billion and $ 28.338 billion last year , respectively . " Deere delivered a strong quarter , reflecting disciplined execution by our teams and continued resilience across our portfolio , " said John C. May , chairman and chief executive officer . " Our performance underscores the strength of our business , supported by stable U.S. market conditions , our ability to manage softer conditions in Brazil and Europe , and our commitment to helping customers succeed . " Company Outlook & Summary . Net income attributable to Deere & Company for fiscal 2026 is forecasted to be in a range of $ 4.75 billion to $ 5.00 billion . " As we look ahead , we continue to believe 2026 will mark the bottom of the current ag equipment cycle , " May said . " Across our business , early order program trends , improving used- equipment inventories , and increasing customer adoption of our advanced technologies give us confidence that Deere is well positioned for long - term value creation . " 4