Filing Flows › Andersons (ANDE) › Q1 2026
Andersons (ANDE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Andersons (ANDE) reported revenue of $2.6B for the first quarter 2026 (Q1 2026), -1% from a year earlier and +4% from the quarter before. Operating margin was 1.3%, net earnings $33.2M (1.3% of revenue).
Andersons, Q1 2026: revenue $2.6B (-1% year over year), operating margin 1.3%, net earnings $33.2M, operating cash flow −$394M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6B | +4% | -1% |
| Gross profit | $161M | -31% | +5% |
| Operating profit | $33.9M | -61% | +955% |
| Net earnings | $33.2M | -51% | 117× |
| Operating cash flow | −$394M | — | — |
What changed
Revenue was $2.6B in Q1 2026, down 1% year over year and up 4% from the previous quarter.
Gross margin was 6.1%, up 0.4 points from Q1 2025. Operating profit was $0.03B, a 1.3% margin (up 1.2 points year over year). Operating expenses fell 15% while revenue fell 1%. Net earnings were $0.03B, up 11586% year over year ($0.03B including minority interests, which bore $3.9M of losses). The effective tax rate was 13.5%.
Operating cash flow was −$0.39B. Non-cash charges added back $0.03B of depreciation and amortization. Working capital and other items used $0.46B. Capital expenditures of $0.05B exceeded it, leaving free cash flow of −$0.45B.
Questions
What was Andersons' revenue in the first quarter 2026?
Andersons (ANDE) reported revenue of $2.6B for the first quarter 2026 (Q1 2026), -1% from a year earlier and +4% from the quarter before.
Was Andersons profitable in the first quarter 2026?
Operating profit was $33.9M (1.3% of revenue) and net earnings $33.2M.
Source: Andersons 10-Q on SEC EDGAR.