Archer-Daniels-Midland Co is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: ADM reported modest Q1 FY2026 growth with revenue up 1.6% to $20.49B and net income up 1.0% to $298M, while operating cash flow turned strongly positive at $150M versus -$342M a year ago.
Drawn from management commentary in the Q1 2026 10-Q:
ADM's Q1 FY2026 revenue increased 1.6% year-over-year to $20.49B from $20.18B, suggesting modest volume or pricing gains across its agricultural commodities and processing segments despite a challenging macro environment.
Gross profit rose 3.6% to $1.22B while cost of revenue grew at a slower pace of 1.4% to $19.27B, resulting in a modest gross margin improvement from 5.85% to 5.96%, indicating some relief in input cost pressures relative to revenue growth.
SG&A expenses increased 3.1% year-over-year to $961M, growing faster than revenue at 1.6%, which pressured operating income and reflects ongoing investments in administrative and selling infrastructure.
Revenue
$20.49B
++1.56% YoY
EPS (Basic)
$0.62
++1.64% YoY
Gross Margin
6.0%
++0.12% YoY
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