02/19/2026 | Press release | Distributed by Public on 02/19/2026 05:22
Item 2.02 Results of Operations and Financial Condition.
John Deere Capital Corporation's (JDCC) revenue, net income, and ending portfolio balance for the first quarter of fiscal year 2026 are set forth below:
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First Quarter |
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$ in millions |
2026 |
2025 |
% Change |
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Revenue |
$ 1,159 |
$ 1,198 |
-3 |
% |
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Net income |
199 |
159 |
25 |
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Ending portfolio balance |
54,403 |
55,478 |
-2 |
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JDCC's net income for the quarter was higher than the same period in 2025, driven by favorable financing spreads and a lower provision for credit losses.
Item 7.01Regulation FD Disclosure.
On February 19, 2026, Deere & Company, JDCC's parent, issued a press release announcing its results of operations for the first quarter of fiscal 2026 and made available a presentation providing a review of such period in connection with its investor earnings call. Copies of the press release and presentation are furnished herewith as Exhibits 99.1 and 99.2, respectively, and incorporated herein by reference.