John Deere Capital Corp.
08/20/2026 | Press release | Distributed by Public on 08/20/2026 04:20
Regulation FD Disclosure, Business/Financial Results (Form 8-K)
Item 2.02 Results of Operations and Financial Condition.
John Deere Capital Corporation's (JDCC) revenue, net income, and ending portfolio balance for the third quarter and first nine months of fiscal year 2026 are set forth below:
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Third Quarter |
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Year To Date |
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$ in millions |
2026 |
2025 |
% Change |
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2026 |
2025 |
% Change |
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Revenue |
$ 1,192 |
$ 1,233 |
-3 |
% |
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$ 3,518 |
$ 3,622 |
-3 |
% |
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Net income |
174 |
159 |
9 |
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524 |
442 |
19 |
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Ending portfolio balance |
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56,760 |
58,372 |
-3 |
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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 discrete tax items, partially offset by the impact of a lower average portfolio and favorable derivative valuation adjustments in the third quarter of 2025. Net income for the first nine months of 2026 was higher than the prior year period due to favorable financing spreads, a lower provision for credit losses, and favorable derivative valuation adjustments, partially offset by the impact of a lower average portfolio.
Item 7.01Regulation FD Disclosure.
On August 20, 2026, Deere & Company, JDCC's parent, issued a press release announcing its results of operations for the third quarter of fiscal year 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.
John Deere Capital Corp. published this content on August 20, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 20, 2026 at 10:20 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]