Revenue → Cost of sales: $7.9BProduction & precision ag. → Revenue: $5.2BRevenue → Gross profit: $4.7BConstruction & forestry → Revenue: $3.2BSmall ag. & turf → Revenue: $3.0BGross profit → Operating profit: $3.0BOperating profit → Net profit: $2.0BGross profit → Operating expenses: $1.7BFinancial services → Revenue: $1.0BOperating expenses → Selling, general & admin: $1.0BOperating profit → Tax: $0.5BOperating expenses → Research & development: $0.5BOperating profit → Interest expense: $0.5BOperating expenses → Other operating expenses: $0.3BOther revenues → Revenue: $0.2BProduction & precision ag.: $5.2BRevenue: $12.7BSmall ag. & turf: $3.0BConstruction & forestry: $3.2BFinancial services: $1.0BOther revenues: $0.2BGross profit: $4.7BCost of sales: $7.9BOperating profit: $3.0BOperating expenses: $1.7BNet profit: $2.0BTax: $0.5BInterest expense: $0.5BResearch & development: $0.5BSelling, general & admin: $1.0BOther operating expenses: $0.3Bcreated with SankeyArt.comProduction & precision ag.$5.2B55% Y/YRevenue$12.7B32% Y/YSmall ag. & turf$3.0B14% Y/YConstruction & forestry$3.2B26% Y/YFinancial services$1.0B20% Y/YOther revenues$0.2B25% Y/YGross profit$4.7B64% Y/YCost of sales$7.9B19% Y/YOperating profit$3.0B (my calc.)115% Y/YOperating expenses$1.7B17% Y/YNet profit$2.0B116% Y/YTax$0.5B115% Y/YInterest expense$0.5B109% Y/YResearch & development$0.5B23% Y/YSelling, general & admin$1.0B22% Y/YOther operating expenses$0.3B-4% Y/YJohn Deere Q1 FY23 Income Statement
2022
Full Year
2023
Q1