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Andersons (ANDE) gross margin by quarter

Andersons' gross margin was 6.4% in Q3 2026 (third quarter 2026), -0.8 pts from Q2 2026. Over the last 7 quarters it ranged from 5.1% (Q2 2025) to 9.1% (Q4 2025).

Andersons gross margin by quarterAndersons gross margin by quarter5.7%Q1 20255.1%Q2 20256.4%Q3 20259.1%Q4 20256.1%Q1 20267.2%Q2 20266.4%Q3 2026
QuarterGross marginQ/QY/Y
Q3 20266.4%-0.8 pts+0.0 pts
Q2 20267.2%+1.1 pts+2.2 pts
Q1 20266.1%-3.0 pts+0.4 pts
Q4 20259.1%+2.7 pts—
Q3 20256.4%+1.3 pts—
Q2 20255.1%-0.7 pts—
Q1 20255.7%——

Q3 2026 at a glance

Andersons, Q3 2026: revenue $2.8B (+6% year over year), operating margin 1.8%, net earnings $46.4M, operating cash flow −$124M. The chart follows the revenue to costs, profit and cash.

Questions

What is Andersons' gross margin?

Andersons' gross margin was 6.4% in Q3 2026 (third quarter 2026), -0.8 pts from Q2 2026.

How has Andersons' gross margin changed?

Over the last 7 quarters it ranged from 5.1% (Q2 2025) to 9.1% (Q4 2025).

Q3 2026 results → · How Andersons makes money →