Archer Daniels Midland Q1 FY26: where the revenue came from and where it went
The whole income statement of Archer Daniels Midland for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 5, 2026
Revenue$20.49B
+2% year over year
Gross profit$1.22B
6% margin
Operating profit$0.26B
1% margin
Net profit$0.30B
1% margin
Net profit is larger than what operations earned, because the statement adds $0.12B below it, under Other income, net.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 20.49 | 100% | +2% |
| Ag services & oilseeds | 16.00 | 78% | +157% |
| Carbohydrate solutions | 2.56 | 12% | +0% |
| Nutrition | 1.81 | 9% | −1% |
| Other business | 0.13 | 1% | +12% |
| Cost of revenue | −19.27 | 94% | |
| Gross profit | 1.22 | 6% margin | +0pp |
| SG&A | −0.96 | 5% | +0pp |
| Operating profit | 0.26 | 1% margin | +0pp |
| Other income, net | 0.12 | ||
| Tax | −0.08 | ||
| Net profit | 0.30 | 1% margin | +0pp |
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