Summary
Archer-Daniels-Midland Co. (ADM) reported solid financial results for the first quarter of 2026, with revenues reaching $20.49 billion, a slight increase from $20.18 billion in the same period last year. Net earnings attributable to ADM were $298 million, or $0.62 per diluted share, showing modest growth from the prior year's $295 million, or $0.61 per diluted share. The company demonstrated improved profitability in its Carbohydrate Solutions and Nutrition segments, although the Ag Services and Oilseeds segment experienced a decline in operating profit due to negative mark-to-market and timing impacts. Despite these fluctuations, ADM's overall performance indicates resilience and continued strategic execution in a dynamic market environment.
Financial Highlights
50 data points| Revenue | $20.49B |
| Cost of Revenue | $19.27B |
| Gross Profit | $1.22B |
| SG&A Expenses | $961.00M |
| Interest Expense | $149.00M |
| Net Income | $298.00M |
| EPS (Basic) | $0.62 |
| EPS (Diluted) | $0.62 |
| Shares Outstanding (Basic) | 484.00M |
| Shares Outstanding (Diluted) | 484.00M |
Key Highlights
- 1Revenues increased by 1.6% year-over-year to $20.49 billion, driven by higher sales prices across segments.
- 2Net earnings attributable to ADM grew slightly to $298 million ($0.62/share) from $295 million ($0.61/share) in the prior year's quarter.
- 3Segment operating profit increased by $17 million to $764 million, primarily due to strong performance in Carbohydrate Solutions and Nutrition segments.
- 4The Ag Services and Oilseeds segment saw a decrease in operating profit driven by negative mark-to-market and timing impacts, despite higher overall revenues.
- 5The company generated positive cash flow from operations of $150 million, an improvement from a $342 million outflow in the prior year period.
- 6ADM continues to manage its capital effectively, with $8.4 billion in unused lines of credit, providing significant financial flexibility.