Filing Flows › Andersons (ANDE) › Q3 2026 › vs Q3 2025
Andersons (ANDE) Q3 2026 vs Q3 2025 (year over year)
Andersons's revenue rose $156M (+6%) from $2.7B in Q3 2025 to $2.8B in Q3 2026. Gross margin 6.4% against 6.4% (+0.0 pts).
Andersons, Q3 2026: revenue $2.8B (+6% year over year), operating margin 1.8%, net earnings $46.4M, operating cash flow −$124M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 6.4% | 6.4% | +0.0 pts |
| Operating margin | 1.8% | 1.0% | +0.8 pts |
| Net margin | 1.6% | 0.8% | +0.9 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.8B | $2.7B | $156M | +6% |
| Gross profit | $182M | $171M | $11.1M | +7% |
| Cost of revenue | $2.7B | $2.5B | $145M | +6% |
| Operating profit | $50.7M | $25.8M | $24.8M | +96% |
| Operating expenses | $131M | $145M | −$13.7M | -9% |
| Pre-tax earnings | $50.7M | $25.8M | $24.8M | +96% |
| Loss borne by minority interests | $2.6M | −$5.9M | $8.5M | — |
| Net earnings | $46.4M | $20.1M | $26.3M | +131% |
| Income tax | $6.8M | −$228K | $7.0M | — |
| Operating cash sources | $207M | −$181M | $388M | — |
| Depreciation & amortization | $36.3M | $32.6M | $3.7M | +11% |
| Cash used in operations | $124M | −$234M | $358M | — |
| Working capital & other | $207M | −$181M | $388M | — |
Questions
How much did Andersons's revenue grow year over year in Q3 2026?
Andersons's revenue rose $156M (+6%) from $2.7B in Q3 2025 to $2.8B in Q3 2026. Gross margin 6.4% against 6.4% (+0.0 pts).