Filing Flows › Andersons (ANDE) › Q3 2026
Andersons (ANDE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Andersons (ANDE) reported revenue of $2.8B for the third quarter 2026 (Q3 2026), +6% from a year earlier and -9% from the quarter before. Operating margin was 1.8%, net earnings $46.4M (1.6% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8B | -9% | +6% |
| Gross profit | $182M | -19% | +7% |
| Operating profit | $50.7M | -25% | +96% |
| Net earnings | $46.4M | -18% | +131% |
| Operating cash flow | −$124M | -125% | -153% |
What changed
Revenue was $2.8B in Q3 2026, up 6% year over year and down 9% from the previous quarter.
Gross margin was 6.4%, unchanged from Q3 2025. Operating profit was $0.05B, a 1.8% margin (up 0.8 points year over year). Of the extra revenue versus Q3 2025, 16% reached operating profit, above the 1% margin then. Operating expenses fell 9% while revenue rose 6%. Net earnings were $0.05B, up 131% year over year. The effective tax rate was 13.4%.
Operating cash flow was −$0.12B. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items used $0.20B. Capital expenditures of $0.06B exceeded it, leaving free cash flow of −$0.18B.
Questions
What was Andersons' revenue in the third quarter 2026?
Andersons (ANDE) reported revenue of $2.8B for the third quarter 2026 (Q3 2026), +6% from a year earlier and -9% from the quarter before.
Was Andersons profitable in the third quarter 2026?
Operating profit was $50.7M (1.8% of revenue) and net earnings $46.4M.
Source: Andersons 10-Q on SEC EDGAR.