Filing Flows › Andersons (ANDE) › Q2 2026
Andersons (ANDE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Andersons (ANDE) reported revenue of $3.1B for the second quarter 2026 (Q2 2026), -1% from a year earlier and +18% from the quarter before. Operating margin was 2.2%, net earnings $56.6M (1.8% of revenue).
Andersons, Q2 2026: revenue $3.1B (-1% year over year), operating margin 2.2%, net earnings $56.6M, operating cash flow $488M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1B | +18% | -1% |
| Gross profit | $224M | +39% | +41% |
| Operating profit | $67.3M | +99% | +171% |
| Net earnings | $56.6M | +70% | +620% |
| Operating cash flow | $488M | — | +63% |
| Free cash flow | $412M | — | +65% |
What changed
Revenue was $3.1B in Q2 2026, down 1% year over year and up 18% from the previous quarter.
Gross margin was 7.2%, up 2.2 points from Q2 2025. Operating profit was $0.07B, a 2.2% margin (up 1.4 points year over year). Operating expenses grew 17% against a revenue fall of 1%. Net earnings were $0.06B, up 620% year over year. The effective tax rate was 19.9%.
Operating cash flow was $0.49B (up 63% year over year), 904% of net income including minority interests. Non-cash charges added back $0.03B of depreciation and amortization. Working capital and other items added $0.40B. Capital expenditures of $0.08B left free cash flow of $0.41B.
Questions
What was Andersons' revenue in the second quarter 2026?
Andersons (ANDE) reported revenue of $3.1B for the second quarter 2026 (Q2 2026), -1% from a year earlier and +18% from the quarter before.
Was Andersons profitable in the second quarter 2026?
Operating profit was $67.3M (2.2% of revenue) and net earnings $56.6M.
Source: Andersons 10-Q on SEC EDGAR.