Archer-Daniels-Midland Company filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 3, 2026, reporting third-quarter and nine-month financial results.

Key Highlights

  • Q3 2026 revenues: $22,335 million, compared to $20,372 million in Q3 2025, according to the filing.
  • Q3 2026 net earnings attributable to ADM: $821 million, up from $108 million in the same quarter of 2025.
  • Q3 2026 diluted earnings per share: $1.70, compared to $0.22 in Q3 2025.
  • Nine-month 2026 revenues: $65,506 million, versus $61,713 million for the nine months ended September 30, 2025.
  • Nine-month 2026 net earnings attributable to ADM: $2,027 million, compared to $622 million for the same period in 2025.
  • Shares outstanding: 475,919,192 shares of common stock as of October 30, 2026.
  • Asset impairment, exit, and restructuring costs: $5 million in Q3 2026, down from $246 million in Q3 2025.

Archer-Daniels-Midland Q3 2026 Financial Results: Revenue and Earnings Detail

Archer-Daniels-Midland Company (NYSE:ADM) reported third-quarter 2026 revenues of $22,335 million, an increase from $20,372 million in the third quarter of 2025, according to the filing. Gross profit for Q3 2026 was $1,886 million, compared to $1,270 million in Q3 2025. Earnings before income taxes were $997 million in Q3 2026, rising significantly from $147 million in the year-earlier period. Income tax expense for Q3 2026 was $171 million, versus $37 million in Q3 2025.

For the nine months ended September 30, 2026, the company disclosed revenues of $65,506 million against $61,713 million for the same period in 2025. Nine-month gross profit was $5,043 million, compared to $3,820 million. Earnings before income taxes for the nine-month period were $2,469 million, up from $779 million in the prior-year comparable period. The company reported nine-month income tax expense of $428 million, versus $160 million in the first nine months of 2025.

Selling, general, and administrative expenses were $946 million for Q3 2026 and $2,933 million for the nine months ended September 30, 2026, compared to $873 million and $2,716 million for the respective prior-year periods. Equity in earnings of unconsolidated affiliates contributed $157 million in Q3 2026, compared to a loss of $41 million in Q3 2025. The weighted average number of shares outstanding on both a basic and diluted basis was 484 million for Q3 2026 and 485 million for the nine-month period ended September 30, 2026, the filing stated. The company noted that forward-looking statements in the report are subject to the cautionary language described in its safe harbor disclosure and are the company's own.

What Was Disclosed

Archer-Daniels-Midland filed its quarterly report covering the three and nine months ended September 30, 2026, disclosing revenue, earnings, cost, and share count data, with net earnings attributable to ADM rising to $821 million in Q3 2026 from $108 million in Q3 2025.