Deere Research and Development Expenses 2010-2024 | DE

Deere annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Deere research and development expenses for the quarter ending July 31, 2024 were $0.567B, a 7.39% increase year-over-year.
  • Deere research and development expenses for the twelve months ending July 31, 2024 were $2.272B, a 5.87% increase year-over-year.
  • Deere annual research and development expenses for 2023 were $2.177B, a 13.86% increase from 2022.
  • Deere annual research and development expenses for 2022 were $1.912B, a 20.48% increase from 2021.
  • Deere annual research and development expenses for 2021 were $1.587B, a 3.47% decline from 2020.
Deere Annual Research and Development Expenses
(Millions of US $)
2023 $2,177
2022 $1,912
2021 $1,587
2020 $1,644
2019 $1,783
2018 $1,658
2017 $1,373
2016 $1,394
2015 $1,425
2014 $1,452
2013 $1,477
2012 $1,434
2011 $1,226
2010 $1,052
2009 $977
Deere Quarterly Research and Development Expenses
(Millions of US $)
2024-07-31 $567
2024-04-30 $565
2024-01-31 $533
2023-10-31 $607
2023-07-31 $528
2023-04-30 $547
2023-01-31 $495
2022-10-31 $576
2022-07-31 $481
2022-04-30 $453
2022-01-31 $402
2021-10-31 $450
2021-07-31 $394
2021-04-30 $377
2021-01-31 $366
2020-10-31 $443
2020-07-31 $370
2020-04-30 $406
2020-01-31 $425
2019-10-31 $488
2019-07-31 $431
2019-04-30 $457
2019-01-31 $407
2018-10-31 $470
2018-07-31 $416
2018-04-30 $415
2018-01-31 $357
2017-10-31 $399
2017-07-31 $337
2017-04-30 $325
2017-01-31 $312
2016-10-31 $391
2016-07-31 $339
2016-04-30 $345
2016-01-31 $319
2015-10-31 $404
2015-07-31 $347
2015-04-30 $341
2015-01-31 $333
2014-10-31 $412
2014-07-31 $362
2014-04-30 $354
2014-01-31 $324
2013-10-31 $405
2013-07-31 $339
2013-04-30 $377
2013-01-31 $357
2012-10-31 $401
2012-07-31 $368
2012-04-30 $352
2012-01-31 $313
2011-10-31 $347
2011-07-31 $312
2011-04-30 $299
2011-01-31 $269
2010-10-31 $294
2010-07-31 $256
2010-04-30 $266
2010-01-31 $236
2009-10-31 $259
2009-07-31 $243
2009-04-30 $256
2009-01-31 $219
Sector Industry Market Cap Revenue
Industrial Products Farm Machinery $110.165B $61.251B
Deere is the world's largest producer of agricultural equipment, manufacturing agricultural machinery under the iconic John Deere brand with its signature green and yellow color scheme. Deere is focused on revolutionizing agriculture with technology, in an effort to make farming automated, easier and more precise across the production process. Agriculture and turf operations has been divided into two new segments: The Production and Precision Agriculture segment is responsible for defining, developing and delivering global equipment and technology solutions that cater to production-scale growers of large grains, small grains, cotton, and sugar. The Small Agriculture and Turf segment will deliver products to support mid-size and small growers and producers globally and turf customers. Deere also manufactures and distributes road building equipment through its wholly-owned subsidiaries of the Wirtgen Group.
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