Deere & Company
DEQ3 2023Estimated1.5% AI
AI Revenue %
1.5%
AI Fair Value
$1.3B
AI Revenue (Q)
$237.0M
Total Revenue (Q)
$15.8B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q3 FY2023 shows PPA net sales of $6,806M out of $14,284M equipment net sales. Deferred revenue grew to $1,753M at Jul 30, 2023. The filing continues to describe technology investment themes (digitalization, automation, autonomy) but provides no AI revenue breakdown. Revenue recognized 'Over time' for PPA was $115M in Q3, which includes subscription and precision guidance services, but also extended warranties and other services. Over time revenue across all equipment segments was $280M for the quarter. The conservative AI estimate remains 1.5%.
Analyzed by claude-opus-4-6
Quoted Figures
PPA net sales $6,806M; Total equipment net sales $14,284M; PPA 'Over time' revenue $115M in Q3; Deferred revenue $1,753M at Jul 30, 2023
Filing
AI Products Identified (Ring 1)
John Deere Operations CenterPrecision Guidance SystemsTelematicsSee & SprayMachine Intelligence
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 ModelTechnology Stack
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix