Filing Flows › Bunge Global SA (BG) › Q3 2025
Bunge Global SA (BG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Bunge Global SA (BG) reported revenue of $22.2B for the third quarter 2025 (Q3 2025), +72% from a year earlier and +74% from the quarter before. Operating margin was 1.2%, net earnings $166M (0.7% of revenue).
Bunge Global SA, Q3 2025: revenue $22.2B (+72% year over year), operating margin 1.2%, net earnings $166M, operating cash flow $854M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.2B | +74% | +72% |
| Gross profit | $1.1B | +44% | +38% |
| Operating profit | $267M | -46% | -17% |
| Net earnings | $166M | -53% | -25% |
| Operating cash flow | $854M | — | -36% |
| Free cash flow | $385M | — | -60% |
What changed
Revenue was $22.2B in Q3 2025, up 72% year over year and up 74% from the previous quarter.
Gross margin was 4.8%, down 1.2 points from a year earlier. Operating profit was $0.27B, a 1.2% margin (down 1.3 points year over year). Operating profit fell $0.06B even though revenue rose $9.2B versus a year earlier, so costs grew faster than sales. Operating expenses grew 77% against revenue growth of 72%. The fastest-growing cost line was Other operating costs (+808%). Net earnings were $0.17B, down 25% year over year. The effective tax rate was 32.2%.
Operating cash flow was $0.85B (down 36% year over year), 472% of net income including minority interests. Non-cash charges added back $0.24B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.41B. Capital expenditures of $0.47B left free cash flow of $0.39B.
Questions
What was Bunge Global SA's revenue in the third quarter 2025?
Bunge Global SA (BG) reported revenue of $22.2B for the third quarter 2025 (Q3 2025), +72% from a year earlier and +74% from the quarter before.
Was Bunge Global SA profitable in the third quarter 2025?
Operating profit was $267M (1.2% of revenue) and net earnings $166M.
Source: Bunge Global SA 10-Q on SEC EDGAR.