Deere & Co lands in Chicago the day it reports $1.8B quarterly earnings

Deere & Co flew from its Quad City International Airport home base to Chicago O'Hare on the afternoon of May 15, 2026, a 51-minute hop in its Gulfstream G280 (tail N282JD). The flight touched down at 1:36 p.m. local time.

The same morning, Deere & Co reported second-quarter net income of $1.804 billion, beating Wall Street expectations despite a 16% drop in worldwide net sales and revenues, per the company's earnings release [deere.com](https://www.deere.com/en/news/all-news/fy25-second-quarter-earnings/). The call also detailed a $500 million tariff impact for the year, with CFO Josh Jepsen noting that most of the headwind will hit construction and forestry operations [manufacturingdive.com](https://www.manufacturingdive.com/news/deere-shines-light-on-500-million-tariffs-impact-Q2-rebound/748322/). The board had elected Brent Norwood as the new CFO on May 1 [prnewswire.com](https://www.prnewswire.com/news-releases/deere--company-board-elects-brent-norwood-as-chief-financial-officer-302759713.html).

The Chicago trip follows a pattern of Deere & Co shuttling executives between Moline and O'Hare — a recurring destination in its flight logs. The company's CEO John May used the earnings call to announce a $20 billion U.S. investment commitment over the next decade [farm-equipment.com](https://www.farm-equipment.com/articles/24051-deere-commits-20-billion-to-us-investment-over-next-decade). A short flight, but a busy news day.