Filing Flows › Archer-Daniels-Midland (ADM) › Q3 2026 › vs Q3 2025
Archer-Daniels-Midland (ADM) Q3 2026 vs Q3 2025 (year over year)
Archer-Daniels-Midland's revenue rose $2.0B (+10%) from $20.4B in Q3 2025 to $22.3B in Q3 2026. Gross margin 8.4% against 6.2% (+2.2 pts).
Archer-Daniels-Midland, Q3 2026: revenue $22.3B (+10% year over year), operating margin 4.5%, net earnings $826M, operating cash flow $489M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 8.4% | 6.2% | +2.2 pts |
| Operating margin | 4.5% | 0.7% | +3.7 pts |
| Net margin | 3.7% | 0.5% | +3.2 pts |
| Free cash flow margin | 0.8% | 7.4% | -6.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $22.3B | $20.4B | $2.0B | +10% |
| Gross profit | $1.9B | $1.3B | $616M | +49% |
| Cost of revenue | $20.4B | $19.1B | $1.3B | +7% |
| Operating profit | $997M | $147M | $850M | +578% |
| Operating expenses | $889M | $1.1B | −$234M | -21% |
| Pre-tax earnings | $997M | $147M | $850M | +578% |
| Net earnings | $826M | $110M | $716M | +651% |
| Income tax | $171M | $37.0M | $134M | +362% |
| Depreciation & amortization | $295M | $296M | −$1.0M | -0.3% |
| Share-based compensation | $38.0M | $21.0M | $17.0M | +81% |
| Working capital & other | $670M | −$1.4B | $2.1B | — |
| Operating cash flow | $489M | $1.8B | −$1.3B | -73% |
| Free cash flow (OCF − capex) | $182M | $1.5B | −$1.3B | -88% |
| Capital expenditures | $307M | $296M | $11.0M | +4% |
Questions
How much did Archer-Daniels-Midland's revenue grow year over year in Q3 2026?
Archer-Daniels-Midland's revenue rose $2.0B (+10%) from $20.4B in Q3 2025 to $22.3B in Q3 2026. Gross margin 8.4% against 6.2% (+2.2 pts).