Archer-Daniels-Midland Company (ADM) income statement
NYSE · Consumer Defensive · Agricultural Farm Products · 41,147 employees · CEO Juan Ricardo Luciano
- Price
- $76.91 +0.93%
- Market cap
- $37.1B
- Enterprise value
- $36.8B
- Last report
- Q2 '26 filed 2026-08-04
- Next report
- 2026-11-03 EPS est. $1.60
Archer-Daniels-Midland Company (ADM) reported revenue of $22.7B for Q2 '26 (+7.0% year on year), operating income of $896M (4.0% of revenue) and net income of $908M. Over the last four quarters revenue was $82.1B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.7B | $23B | $21.8B | $22.2B | $19.9B | $21.5B | $20.2B | $21.2B | $20.4B | $18.6B | $20.5B | $22.7B | |
| Cost of revenue | $19.9B | $21.2B | $20.2B | $20.9B | $18.6B | $20.1B | $19B | $20.2B | $19.1B | $17.3B | $19.3B | $20.7B | |
| Gross profit | $1.81B | $1.74B | $1.66B | $1.4B | $1.37B | $1.36B | $1.18B | $995M | $1.27B | $1.21B | $1.22B | $1.94B | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$147M | $13M | |
| Operating expenses | $815M | $919M | $951M | $907M | $905M | $943M | $932M | $895M | $873M | $893M | $814M | $1.04B | |
| Operating income | $995M | $821M | $708M | $489M | $460M | $415M | $248M | $100M | $397M | $320M | $408M | $896M | |
| Interest income | $152M | $71M | $123M | $140M | $137M | $162M | $138M | $0 | $121M | -$71M | $125M | $0 | |
| Interest expense | $155M | $165M | $166M | $187M | $174M | $179M | $158M | $159M | $153M | $142M | $149M | $148M | |
| Other non-operating income (gains on investments, FX ...) | -$191M | -$78M | -$343M | -$294M | $178M | -$431M | -$263M | -$338M | $129M | -$298M | -$125M | -$340M | |
| Total non-operating income | $36M | -$87M | $177M | $107M | -$352M | $252M | $105M | $179M | -$250M | $156M | -$24M | $192M | |
| Income before tax | $1.03B | $734M | $885M | $596M | $108M | $667M | $353M | $279M | $147M | $476M | $384M | $1.09B | |
| Income tax | $207M | $192M | $166M | $115M | $90M | $106M | $61M | $62M | $37M | $22M | $81M | $176M | |
| Net income | $821M | $565M | $729M | $486M | $18M | $567M | $295M | $219M | $108M | $456M | $298M | $908M | |
| EPS (basic) | $1.52 | $1.08 | $1.45 | $0.98 | $0.04 | $1.19 | $0.61 | $0.45 | $0.22 | $0.94 | $0.62 | $1.87 | |
| EPS (diluted) | $1.52 | $1.06 | $1.42 | $0.98 | $0.04 | $1.17 | $0.61 | $0.45 | $0.22 | $0.94 | $0.62 | $1.87 | |
| Shares (basic, weighted) | 540M | 521M | 502M | 496M | 482M | 478M | 483M | 484M | 484M | 484M | 484M | 485M | |
| Shares (diluted, weighted) | 540M | 531M | 514M | 496M | 483M | 484M | 483M | 484M | 484M | 484M | 484M | 485M | |
| Depreciation & amortization | $261M | $277M | $280M | $286M | $288M | $287M | $287M | $291M | $296M | $307M | $293M | $293M | |
| EBITDA | $1.45B | $1.18B | $1.33B | $1.07B | $570M | $1.13B | $798M | $729M | $564M | $925M | $826M | $1.53B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $62.3B | $60.8B | $64.3B | $64.7B | $64.4B | $85.2B | $102B | $93.9B | $85.5B | $80.3B | |
| Cost of revenue | $58.7B | $57.3B | $60.2B | $60.5B | $59.9B | $79.3B | $94B | $86.4B | $79.8B | $75.2B | |
| Gross profit | $3.62B | $3.52B | $4.18B | $4.15B | $4.45B | $5.99B | $7.57B | $7.51B | $5.78B | $5.03B | |
| Operating expenses | $1.98B | $1.98B | $2.17B | $2.49B | $2.69B | $2.99B | $3.36B | $3.46B | $3.71B | $3.61B | |
| Operating income | $1.64B | $1.54B | $2.02B | $1.65B | $1.77B | $2.99B | $4.21B | $4.06B | $2.07B | $1.42B | |
| Interest income | $92M | $106M | $162M | $192M | $88M | $96M | $293M | $499M | $562M | $118M | |
| Interest expense | $291M | $331M | $365M | $403M | $320M | $284M | $405M | $653M | $706M | $612M | |
| Other non-operating income (gains on investments, FX ...) | -$478M | -$399M | -$408M | -$336M | -$456M | -$585M | -$1.42B | -$884M | -$889M | -$443M | |
| Total non-operating income | $185M | $69M | $44M | -$66M | $117M | $320M | $1.02B | $237M | $183M | -$169M | |
| Income before tax | $1.82B | $1.61B | $2.06B | $1.59B | $1.88B | $3.31B | $5.23B | $4.29B | $2.26B | $1.26B | |
| Income tax | $534M | $7M | $245M | $209M | $101M | $578M | $868M | $828M | $476M | $182M | |
| Net income | $1.28B | $1.6B | $1.81B | $1.38B | $1.77B | $2.71B | $4.34B | $3.48B | $1.8B | $1.08B | |
| EPS (basic) | $2.18 | $2.80 | $3.21 | $2.45 | $3.16 | $4.80 | $7.72 | $6.44 | $3.66 | $2.23 | |
| EPS (diluted) | $2.16 | $2.79 | $3.19 | $2.44 | $3.15 | $4.79 | $7.71 | $6.43 | $3.65 | $2.23 | |
| Shares (basic, weighted) | 588M | 569M | 564M | 563M | 561M | 564M | 562M | 541M | 478M | 484M | |
| Shares (diluted, weighted) | 591M | 572M | 567M | 565M | 563M | 566M | 563M | 542M | 493M | 484M | |
| Depreciation & amortization | $900M | $924M | $941M | $993M | $976M | $996M | $1.03B | $1.06B | $1.14B | $1.18B | |
| EBITDA | $3.02B | $2.86B | $3.37B | $2.98B | $3.2B | $4.57B | $6.66B | $6B | $4.1B | $3.05B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02