DEERE & CO Quarterly Research and Development Expense in USD from Q4 2009 to Q2 2024

Taxonomy & unit
us-gaap: USD
Description
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
Summary
Deere & Co quarterly/annual Research and Development Expense history and growth rate from Q4 2009 to Q2 2024.
  • Deere & Co Research and Development Expense for the quarter ending July 28, 2024 was $567M, a 7.39% increase year-over-year.
  • Deere & Co Research and Development Expense for the twelve months ending July 28, 2024 was $2.27B, a 5.87% increase year-over-year.
  • Deere & Co annual Research and Development Expense for 2023 was $2.18B, a 13.9% increase from 2022.
  • Deere & Co annual Research and Development Expense for 2022 was $1.91B, a 20.5% increase from 2021.
  • Deere & Co annual Research and Development Expense for 2021 was $1.59B, a 3.47% decline from 2020.
Research and Development Expense, Trailing 12 Months (USD)
Research and Development Expense, Quarterly (USD)
Research and Development Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $2.27B $567M +$39M +7.39% Apr 29, 2024 Jul 28, 2024 10-Q 2024-08-29
Q1 2024 $2.23B $565M +$18M +3.29% Jan 29, 2024 Apr 28, 2024 10-Q 2024-05-30
Q4 2023 $2.22B $533M +$38M +7.68% Oct 30, 2023 Jan 28, 2024 10-Q 2024-02-29
Q3 2023 $2.18B $607M +$31M +5.38% Jul 31, 2023 Oct 29, 2023 10-K 2023-12-15
Q2 2023 $2.15B $528M +$47M +9.77% May 1, 2023 Jul 30, 2023 10-Q 2024-08-29
Q1 2023 $2.1B $547M +$94M +20.8% Jan 30, 2023 Apr 30, 2023 10-Q 2024-05-30
Q4 2022 $2.01B $495M +$93M +23.1% Oct 31, 2022 Jan 29, 2023 10-Q 2024-02-29
Q3 2022 $1.91B $576M +$126M +28% Aug 1, 2022 Oct 30, 2022 10-K 2023-12-15
Q2 2022 $1.79B $481M +$87M +22.1% May 2, 2022 Jul 31, 2022 10-Q 2023-08-31
Q1 2022 $1.7B $453M +$76M +20.2% Jan 31, 2022 May 1, 2022 10-Q 2023-06-01
Q4 2021 $1.62B $402M +$36M +9.84% Nov 1, 2021 Jan 30, 2022 10-Q 2023-02-23
Q3 2021 $1.59B $450M +$7M +1.58% Aug 2, 2021 Oct 31, 2021 10-K 2023-12-15
Q2 2021 $1.58B $394M +$24M +6.49% May 3, 2021 Aug 1, 2021 10-Q 2022-09-01
Q1 2021 $1.56B $377M -$29M -7.14% Feb 1, 2021 May 2, 2021 10-Q 2022-05-26
Q4 2020 $1.59B $366M -$59M -13.9% Nov 2, 2020 Jan 31, 2021 10-Q 2022-02-24
Q3 2020 $1.64B $443M -$45M -9.22% Aug 3, 2020 Nov 1, 2020 10-K 2022-12-15
Q2 2020 $1.69B $370M -$61M -14.2% May 4, 2020 Aug 2, 2020 10-Q 2021-08-26
Q1 2020 $1.75B $406M -$51M -11.2% Feb 3, 2020 May 3, 2020 10-Q 2021-05-27
Q4 2019 $1.8B $425M +$18M +4.42% Nov 4, 2019 Feb 2, 2020 10-Q 2021-02-25
Q3 2019 $1.78B $488M +$18M +3.83% Jul 29, 2019 Nov 3, 2019 10-K 2021-12-16
Q2 2019 $1.77B $431M +$15M +3.61% Apr 29, 2019 Jul 28, 2019 10-Q 2020-08-27
Q1 2019 $1.75B $457M +$41.8M +10.1% Jan 28, 2019 Apr 28, 2019 10-Q 2020-05-28
Q4 2018 $1.71B $407M +$50.2M +14.1% Oct 29, 2018 Jan 27, 2019 10-Q 2020-02-27
Q3 2018 $1.66B $470M +$71.3M +17.9% Jul 30, 2018 Oct 28, 2018 10-K 2020-12-17
Q2 2018 $1.59B $416M +$79.2M +23.5% Apr 30, 2018 Jul 29, 2018 10-Q 2019-08-29
Q1 2018 $1.51B $415M +$89.8M +27.6% Jan 29, 2018 Apr 29, 2018 10-Q 2019-05-30
Q4 2017 $1.42B $357M +$44.7M +14.3% Oct 30, 2017 Jan 28, 2018 10-Q 2019-02-28
Q3 2017 $1.37B $399M +$12.7M +3.29% Jul 31, 2017 Oct 29, 2017 10-K 2019-12-19
Q2 2017 $1.36B $337M -$2M -0.59% May 1, 2017 Jul 30, 2017 10-Q 2018-08-30
Q1 2017 $1.36B $325M -$19.6M -5.68% Jan 30, 2017 Apr 30, 2017 10-Q 2018-05-31
Q4 2016 $1.38B $312M -$7.2M -2.26% Oct 31, 2016 Jan 29, 2017 10-Q 2018-03-01
Q3 2016 $1.39B $386M -$18M -4.46% Aug 1, 2016 Oct 31, 2016 10-K 2016-12-19
Q2 2016 $1.41B $339M -$8M -2.31% May 1, 2016 Jul 31, 2016 10-Q 2016-09-01
Q1 2016 $1.42B $345M +$3.9M +1.14% Feb 1, 2016 May 1, 2016 10-Q 2017-06-02
Q4 2015 $1.41B $319M -$13.9M -4.17% Nov 1, 2015 Jan 31, 2016 10-Q 2016-02-25
Q3 2015 $1.43B $404M -$8.1M -1.97% Aug 1, 2015 Nov 1, 2015 10-K 2017-12-18
Q2 2015 $1.43B $347M -$15.3M -4.23% May 1, 2015 Jul 31, 2015 10-Q 2016-09-01
Q1 2015 $1.45B $341M -$13M -3.67% Feb 1, 2015 Apr 30, 2015 10-Q 2016-05-26
Q4 2014 $1.46B $333M +$9.5M +2.94% Nov 1, 2014 Jan 31, 2015 10-Q 2016-02-25
Q3 2014 $1.45B $412M +$6.8M +1.68% Aug 1, 2014 Oct 31, 2014 10-K 2016-12-19
Q2 2014 $1.45B $362M +$23.4M +6.91% May 1, 2014 Jul 31, 2014 10-Q 2015-08-27
Q1 2014 $1.42B $354M -$22.7M -6.02% Feb 1, 2014 Apr 30, 2014 10-Q 2015-05-28
Q4 2013 $1.44B $324M -$32.8M -9.2% Nov 1, 2013 Jan 31, 2014 10-Q 2015-02-26
Q3 2013 $1.48B $405M +$4M +1% Aug 1, 2013 Oct 31, 2013 10-K/A 2016-02-01
Q2 2013 $1.47B $339M -$29.1M -7.91% May 1, 2013 Jul 31, 2013 10-Q 2014-08-28
Q1 2013 $1.5B $377M +$24.8M +7.05% Feb 1, 2013 Apr 30, 2013 10-Q 2014-05-29
Q4 2012 $1.48B $357M +$44M +14.1% Nov 1, 2012 Jan 31, 2013 10-Q 2014-02-27
Q3 2012 $1.43B $401M +$54.5M +15.7% Aug 1, 2012 Oct 31, 2012 10-K 2014-12-19
Q2 2012 $1.38B $368M +$55.8M +17.9% May 1, 2012 Jul 31, 2012 10-Q 2013-08-29
Q1 2012 $1.32B $352M +$53.5M +17.9% Feb 1, 2012 Apr 30, 2012 10-Q 2013-05-30
Q4 2011 $1.27B $313M +$43.6M +16.2% Nov 1, 2011 Jan 31, 2012 10-Q 2013-02-28
Q3 2011 $1.23B $347M +$52.4M +17.8% Aug 1, 2011 Oct 31, 2011 10-K 2013-12-16
Q2 2011 $1.17B $312M +$55.7M +21.7% May 1, 2011 Jul 31, 2011 10-Q 2012-08-30
Q1 2011 $1.12B $299M +$32.5M +12.2% Feb 1, 2011 Apr 30, 2011 10-Q 2012-05-31
Q4 2010 $1.09B $269M +$33.2M +14.1% Nov 1, 2010 Jan 31, 2011 10-Q 2012-03-01
Q3 2010 $1.05B $294M Aug 1, 2010 Oct 31, 2010 10-K 2012-12-17
Q2 2010 $256M May 1, 2010 Jul 31, 2010 10-Q 2011-09-01
Q1 2010 $266M Feb 1, 2010 Apr 30, 2010 10-Q 2011-05-27
Q4 2009 $236M Nov 1, 2009 Jan 31, 2010 10-Q 2011-02-25
* An asterisk sign (*) next to the value indicates that the value is likely invalid.