John Deere Capital Corp Reports Q3 FY2026 Results

What Happened
On August 20, 2026, John Deere Capital Corporation (JDCC) filed a Form 8‑K reporting its third quarter and year‑to‑date fiscal 2026 financial results. Key figures: Q3 revenue was $1,192 million vs. $1,233 million a year earlier (‑3%); Q3 net income was $174 million vs. $159 million (+9%). Year‑to‑date revenue was $3,518 million vs. $3,622 million (‑3%) and net income was $524 million vs. $442 million (+19%). JDCC’s ending portfolio balance was $56,760 million, down 3% from $58,372 million a year earlier. The filing also furnishes Deere & Company’s press release and Q3 presentation (Exhibits 99.1 and 99.2).

Key Details

• Q3 revenue: $1,192M (down 3% vs. Q3 FY2025).
• Q3 net income: $174M (up 9% vs. Q3 FY2025); YTD net income: $524M (up 19%).
• Ending portfolio balance: $56,760M (down 3% vs. prior year).
• JDCC cited favorable financing spreads, discrete tax items, lower provision for credit losses and favorable derivative valuation adjustments as drivers of higher net income, partly offset by a lower average portfolio. Deere & Company’s press release and investor presentation were furnished on Aug 20, 2026.

Why It Matters
These results show JDCC produced higher profits in Q3 and year‑to‑date despite a modest drop in revenue and a smaller portfolio. For retail investors, that indicates earnings were supported by better financing spreads and lower credit loss provisions rather than growth in lending volume. The 3% decline in the portfolio balance signals slightly lower outstanding financing activity compared with last year, which can affect future interest income. The furnished Deere & Company materials provide additional context for the parent company’s broader business and investor outlook.