The Andersons, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 4, 2026, reporting results for both the third quarter and first nine months of fiscal 2026.

Key Highlights

  • Quarterly net income attributable to The Andersons, Inc.: $46,445 thousand for the three months ended September 30, 2026, compared to $20,138 thousand in the same period of 2025.
  • Diluted earnings per share: $1.36 for Q3 2026, up from $0.59 in Q3 2025, according to the filing.
  • Nine-month revenue: Sales and merchandising revenues totaled $8,558,641 thousand for the nine months ended September 30, 2026, versus $8,472,679 thousand in the prior-year period.
  • Nine-month net income attributable to the company: $136,196 thousand for the first nine months of 2026, compared to $28,279 thousand for the same period of 2025.
  • Total assets: $3,791,267 thousand as of September 30, 2026, up from $3,712,832 thousand at December 31, 2025.
  • Short-term debt: $495,184 thousand at September 30, 2026, compared to $249,420 thousand at December 31, 2025.
  • Common shares outstanding: 33,662,537 as of November 2, 2026, as reported on the cover page.

The Andersons Reports Higher Q3 2026 Earnings and Nine-Month Performance

According to the filing, The Andersons, Inc. (NASDAQ:ANDE) recorded sales and merchandising revenues of $2,833,715 thousand for the three months ended September 30, 2026, compared to $2,677,712 thousand in the third quarter of 2025. Gross profit for the quarter was $182,017 thousand, up from $170,872 thousand in the prior-year quarter. Operating, administrative and general expenses declined to $149,235 thousand in Q3 2026 from $172,554 thousand in Q3 2025. The company reported income before income taxes of $50,654 thousand for the third quarter, versus $25,843 thousand a year earlier.

For the nine months ended September 30, 2026, the filing disclosed net income of $127,143 thousand, up from $48,209 thousand in the comparable 2025 period. Nine-month diluted earnings per share attributable to The Andersons, Inc. were $3.97, compared to $0.82 for the nine months ended September 30, 2025. The noncontrolling interests recorded a loss of $9,053 thousand for the nine-month period of 2026, compared to income of $19,930 thousand in the same period of 2025.

On the balance sheet, the filing reported total current liabilities of $1,658,956 thousand at September 30, 2026. Total shareholders' equity attributable to The Andersons, Inc. was $1,353,725 thousand at September 30, 2026, compared to $1,244,779 thousand at December 31, 2025. For the nine months ended September 30, 2026, net cash used in operating activities was $29,976 thousand, versus net cash provided by operating activities of $183,183 thousand in the prior-year period. Capital expenditures, described as "purchases of property, plant and equipment and capitalized software," totaled $186,837 thousand for the nine months ended September 30, 2026. Dividends paid were $20,390 thousand for the nine-month period, and the company repurchased $19,057 thousand of common stock during that period, according to the filing.

What Was Disclosed

The Andersons, Inc. filed its unaudited 10-Q for the period ended September 30, 2026, disclosing quarterly and nine-month income statements, a balance sheet, and a cash flow statement, with net income attributable to the company rising materially in both periods compared to 2025.