Filing Flows › Agco (AGCO) › Q3 2026 › vs Q2 2026
Agco (AGCO) Q3 2026 vs Q2 2026 (quarter over quarter)
Agco's revenue fell $347M (-13%) from $2.6B in Q2 2026 to $2.3B in Q3 2026. Gross margin 25.0% against 24.7% (+0.2 pts).
Agco, Q3 2026: revenue $2.3B (-9% year over year), operating margin 5.1%, net earnings $51.7M, operating cash flow $26.6M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 25.0% | 24.7% | +0.2 pts |
| Operating margin | 5.1% | 5.4% | -0.3 pts |
| Net margin | 2.3% | 3.0% | -0.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.3B | $2.6B | −$347M | -13% |
| Gross profit | $565M | $646M | −$80.5M | -12% |
| Cost of revenue | $1.7B | $2.0B | −$267M | -14% |
| Operating profit | $116M | $141M | −$24.6M | -17% |
| Operating expenses | $449M | $505M | −$55.9M | -11% |
| Pre-tax earnings | $75.2M | $115M | −$40.0M | -35% |
| Other expense, net | $40.9M | $25.5M | $15.4M | +60% |
| SG&A | $304M | $336M | −$31.9M | -10% |
| Other operating costs | $146M | $170M | −$24.0M | -14% |
| Loss borne by minority interests | $1.7M | $2.4M | −$700K | -29% |
| Net earnings | $51.7M | $77.2M | −$25.5M | -33% |
| Income tax | $25.2M | $40.4M | −$15.2M | -38% |
| Operating cash sources | $141M | $179M | −$38.3M | -21% |
| Depreciation & amortization | $82.2M | $84.2M | −$2.0M | -2% |
| Share-based compensation | $6.7M | $17.5M | −$10.8M | -62% |
| Working capital & other | $114M | $13.5M | $100M | +744% |
| Operating cash flow | $26.6M | $165M | −$139M | -84% |
| Capital expenditures | $60.4M | $57.2M | $3.2M | +6% |
| Negative free cash flow (OCF − capex) | $33.8M | −$108M | $142M | — |
Questions
How much did Agco's revenue grow quarter over quarter in Q3 2026?
Agco's revenue fell $347M (-13%) from $2.6B in Q2 2026 to $2.3B in Q3 2026. Gross margin 25.0% against 24.7% (+0.2 pts).