{"url_path":"/sec/cik-0000027673/8-k/2026-05-21/item-2-02","section_key":"item-2-02","section_title":"Item 2.02 ****Results of Operations and Financial Condition.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-21","source_url":"https://www.sec.gov/Archives/edgar/data/27673/0001104659-26-064793-index.html","accession_number":"0001104659-26-064793","cik":"0000027673","ticker":null,"issuer_name":"DEERE JOHN CAPITAL CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/27673/0001104659-26-064793-index.html","primary_entity_key":"0000027673","primary_entity_name":"DEERE JOHN CAPITAL CORP"},"word_count":150,"has_tables":true,"body_markdown":"**Item 2.02****Results of Operations and Financial Condition.**\n\n​\n\nJohn Deere Capital Corporation’s (JDCC) revenue, net income, and ending portfolio balance for the second quarter and first six months of fiscal year 2026 are set forth below:\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\nSecond Quarter\n\n​\n\n​\n\nYear To Date\n\n​\n\n*$ in millions*\n\n2026\n\n2025\n\n% Change\n\n​\n\n​\n\n2026\n\n2025\n\n% Change\n\n​\n\nRevenue\n\n$ 1,167\n\n$ 1,191\n\n-2\n\n%\n\n​\n\n$ 2,326\n\n$ 2,389\n\n-3\n\n%\n\nNet income\n\n151\n\n124\n\n22\n\n​\n\n​\n\n350\n\n283\n\n24\n\n​\n\nEnding portfolio balance\n\n​\n\n​\n\n​\n\n​\n\n​\n\n56,082\n\n57,665\n\n-3\n\n​\n\n​\n\nJDCC's net income for the quarter and year-to-date was higher than the same periods in 2025, driven by favorable financing spreads, a lower provision for credit losses, and favorable derivative valuation adjustments, partially offset by the impact of a lower average portfolio.\n\n​"}