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Andersons (ANDE) operating margin by quarter

Andersons' operating margin was 1.8% in Q3 2026 (third quarter 2026), -0.4 pts from Q2 2026. Over the last 7 quarters it ranged from 0.1% (Q1 2025) to 3.5% (Q4 2025).

Andersons operating margin by quarterAndersons operating margin by quarter0.1%Q1 20250.8%Q2 20251.0%Q3 20253.5%Q4 20251.3%Q1 20262.2%Q2 20261.8%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20261.8%-0.4 pts+0.8 pts
Q2 20262.2%+0.9 pts+1.4 pts
Q1 20261.3%-2.2 pts+1.2 pts
Q4 20253.5%+2.5 pts—
Q3 20251.0%+0.2 pts—
Q2 20250.8%+0.7 pts—
Q1 20250.1%——

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' operating margin?

Andersons' operating margin was 1.8% in Q3 2026 (third quarter 2026), -0.4 pts from Q2 2026.

How has Andersons' operating margin changed?

Over the last 7 quarters it ranged from 0.1% (Q1 2025) to 3.5% (Q4 2025).

Q3 2026 results → · How Andersons makes money →