Deere & Company
DEQ2 2023Estimated1.5% AI
AI Revenue %
1.5%
AI Fair Value
$1.3B
AI Revenue (Q)
$260.8M
Total Revenue (Q)
$17.4B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q2 FY2023 shows PPA net sales of $7,822M out of $16,079M total equipment net sales. Filing states customers 'continue to adopt technology integrated in the John Deere portfolio of smart machines, systems, and solutions' and expect 'this trend to persist.' Deferred revenue grew to $1,622M at Apr 30, 2023 (from $1,502M in Q1). No specific AI revenue figures provided. Technology capabilities are embedded in equipment pricing and not separated. Estimate unchanged at 1.5%.
Analyzed by claude-opus-4-6
Quoted Figures
PPA net sales $7,822M; Total equipment net sales $16,079M (PPA + SAT $4,145M + CF $4,112M); Deferred revenue $1,622M at Apr 30, 2023
Filing
AI Products Identified (Ring 1)
John Deere Operations CenterPrecision Guidance SystemsTelematicsSee & SprayAutomation
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Production and Precision Agriculture segmentSmart Industrial Operating Model
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix