Filing Flows › Bunge Global SA (BG) › Q4 2025
Bunge Global SA (BG) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 19, 2026
Bunge Global SA (BG) reported revenue of $23.8B for the fourth quarter 2025 (Q4 2025), +75% from a year earlier and +7% from the quarter before. Operating margin was 0.4%, net earnings $95.0M (0.4% of revenue).
Bunge Global SA, Q4 2025: revenue $23.8B (+76% year over year), operating margin 0.4%, net earnings $95.0M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $23.8B | +7% | +75% |
| Gross profit | $1.0B | -5% | -6% |
| Operating profit | $86.0M | -68% | -88% |
| Net earnings | $95.0M | -43% | -84% |
| Operating cash flow | $1.3B | +58% | +28% |
| Free cash flow | $809M | +110% | +43% |
What changed
Revenue was $23.8B in Q4 2025, up 75% year over year and up 7% from the previous quarter.
Gross margin was 4.3%, down 3.7 points from a year earlier. Operating profit was $0.09B, a 0.4% margin (down 5.0 points year over year). Operating profit fell $0.64B even though revenue rose $10.2B versus a year earlier, so costs grew faster than sales. Operating expenses grew 164% against revenue growth of 75%. Net earnings were $0.10B, down 84% year over year. The effective tax rate was -2.3%.
Operating cash flow was $1.3B (up 28% year over year), 1531% of net income including minority interests. Non-cash charges added back $0.23B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $1.0B. Capital expenditures of $0.54B left free cash flow of $0.81B.
Questions
What was Bunge Global SA's revenue in the fourth quarter 2025?
Bunge Global SA (BG) reported revenue of $23.8B for the fourth quarter 2025 (Q4 2025), +75% from a year earlier and +7% from the quarter before.
Was Bunge Global SA profitable in the fourth quarter 2025?
Operating profit was $86.0M (0.4% of revenue) and net earnings $95.0M.
Source: Bunge Global SA 10-K on SEC EDGAR.